B2Gold Corp ($BTG) Preparing for explosive upside

by elliottwave-forecast.com | May 11, 2020 3:01 pm
The Metals sector has been slowly coming back since the lows in late 2015 and is ready for prime time attention.  B2Gold Corp is a name that has an exceptional looking chart that is worth examining with...

EURJPY Forecasting The Path Lower

by elliottwave-forecast.com | May 8, 2020 3:55 pm
In this blog, we are going to take a look at the Elliott Wave chart of EURJPY.  The chart from 4 May London update shows that the pair ended the cycle from 29 April low at 117.78...

Google ( GOOGL ) Found Buyers At The Blue Box Area

by elliottwave-forecast.com | May 8, 2020 3:55 pm
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of GOOGL, published in members area of the website.  As our members know, Google is trading within the...

Elliott Wave View: Bitcoin Ending Diagonal in Progress

by elliottwave-forecast.com | May 7, 2020 5:02 pm
Rally in Bitcoin (BTCUSD) from April 16, 2020 low is unfolding as a 5 waves impulse Elliott Waves structure. Up from April 16 low, wave 1 ended at 7306.15 and pullback in wave 2 ended at 6757.75....

$SAN : Sanofi Shows Monthly Bullish Structure

by elliottwave-forecast.com | May 7, 2020 5:00 pm
Sanofi S.A. is a French multinational pharmaceutical company being within 10 largest pharmaceutical companies in the world. Headquartered in Paris, it is a merger of Aventis and Sanofi-Synthélabo. Sanofi is a part of Euro Stoxx 50 (SX5E) and...

IBEX 35 Shows Why World Indices Might Not Be Ready to Rally

by elliottwave-forecast.com | May 6, 2020 4:09 pm
IBEX 35 is the benchmark Stock Market Index of the Bolsa de Madrid, Spain’s principal stock exchange. Initiated in 1992, the index is administered and calculated by Sociedad de Bolsas, a subsidiary of Bolsas y Mercado Espanoles (BME)....

$SLV Ishares Silver Trust Elliott Wave and Larger Cycles

by elliottwave-forecast.com | May 6, 2020 4:08 pm
$SLV Ishares Silver Trust Elliott Wave and Larger Cycles Firstly there is data back to when the ETF fund began in 2006 as seen on the weekly chart shown below. The fund made a low in 2008 at...

Barrick Gold Corporation (NYSE: GOLD): Strong Impulse Rally In Progress

by elliottwave-forecast.com | May 6, 2020 4:07 pm
Barrick Gold Corporation (NYSE: GOLD) is the second-largest gold mining company in the world. Year-to-Date, the stock is up around 45%. The combination of low Oil’s price (major cost component for miners) and high price in gold creates a...

Selling Corn Futures (ZC_F) Rally In The Blue Box

by elliottwave-forecast.com | May 5, 2020 3:44 pm
Corn Futures (ZC_F) dropped from a high of 323’4 to a low of 300’2 last week before it bounced again. In today’s blog, we would look at the chart presented to clients before the drop took place...

Elliott Wave View: Leading Diagonal in Oil

by elliottwave-forecast.com | May 5, 2020 3:43 pm
Short Term Elliott Wave outlook in Oil (CL_F) suggests the decline to $6.53 ended wave ((3)). Wave ((4)) recovery is unfolding as a zigzag Elliott Wave structure where wave (A) is currently in progress as a leading...