EURGBP Elliott Wave: Pair May Find Buyers Soon

by elliottwave-forecast.com | March 30, 2020 4:18 pm
Bank of England (BOE) decided to leave interest rate unchanged at a record low of 0.1% last week. This allows EURGBP to correct from seven month highs. After reaching the high at 0.95, EURGBP pulled back to...

Elliott Wave View: Apple in Zigzag Correction

by elliottwave-forecast.com | March 26, 2020 4:39 pm
Short Term Elliott Wave view in Apple (AAPL) suggests that cycle from February 13, 2020 high has ended at 212.6 low as wave w. Internal of wave a unfolded as a double three Elliott Wave structure Down from...

Everbridge (NASDAQ: EVBG) Bullish Sequence Driving Cycle Higher

by elliottwave-forecast.com | March 26, 2020 4:37 pm
Everbridge (NASDAQ: EVBG) is a company that sells communications services for notifications of emergencies. It helps businesses and governments respond to crises and threats like network outages, terrorism, active shooters, and severe weather. During the current pandemic,  Everbridge’s service demand...

Elliott Wave Hedging Called For Reaction Lower In Nikkei

by elliottwave-forecast.com | March 25, 2020 5:09 pm
In this technical blog, we are going to take a look at the past chart’s performance of Nikkei an index from Japan. But before looking into the Charts, we need to understand the market nature first. The market always...

Elliott Wave View: S&P 500 (SPX) Recovery in Progress

by elliottwave-forecast.com | March 25, 2020 5:08 pm
Short Term Elliott Wave view in S&P 500 (SPX) suggests that cycle from February 20, 2020 high has ended at 2199.5 low as wave a. Internal of wave a unfolded as a 5 waves impulse Elliott Wave...

Elliott Wave View: Chevron ($CVX) A Bottom Is Close

by elliottwave-forecast.com | March 25, 2020 5:07 pm
The Energy Industry has had a some rough waters for the past few years with Chevron also participating in the rout.  However, the current technicals on the chart suggest a major low is possible in 2020.  Recently,...

American Airlines (AAL): Another Buying Opportunity

by elliottwave-forecast.com | March 24, 2020 4:03 pm
In this article, we will look at the American Airlines (AAL) to make sense of the recent huge volatility in the stock market. The world faces a tremendous crisis due to the pandemic created by the Corona...

Elliott Wave View: Ten Year Notes Remain Supported

by elliottwave-forecast.com | March 24, 2020 4:02 pm
Elliott Wave view in Ten Year Notes (ZN_F) suggests that it has a bullish sequence from October 2018 low, favoring more upside. Near term, rally to 140.24 ended wave I and pullback to 133.2 ended wave II....

$EUA : Blue box bounce for carbon prices expected

by elliottwave-forecast.com | March 24, 2020 4:01 pm
European Union Carbon prices occupy the brains of public in Europe since many years. Under EU guidelines, participating organizations have to purchase the emission allowances from others or they can sell their leftovers. This has to occur,...

USDNOK Buyers Continue To Respect Blue Boxes

by elliottwave-forecast.com | March 23, 2020 4:34 pm
In this blog, we are going to take a look at the Elliottwave chart of USDNOK.  The chart from March 13 London update shows that the cycle from March 9, 2020 low unfolded as 5 waves impulsive...