Elliott Wave View: Tesla Ended Short Term Correction

by elliottwave-forecast.com | January 29, 2020 4:53 pm
Short term Elliott wave view in Tesla (ticker: TSLA) suggests the rally to $594.5 ended wave (3). The stock then corrected in wave (4) and the pullback ended at $538.66. The structure of wave (4) unfolded as...

CADJPY Elliott Wave View: Pullback Another Opportunity To Buy?

by elliottwave-forecast.com | January 28, 2020 4:17 pm
Short term Elliott wave view in CADJPY suggests that the rally from August 25, 2019 low ended 5 waves as a Leading diagonal structure at 84.57 high. Down from there, the pair is correcting that cycle in...

Corn (ZC_F) Forecasting The Bounce From The Blue Box Area

by elliottwave-forecast.com | January 27, 2020 4:00 pm
In this blog, we are going to take a quick look at the Elliottwave chart of Corn (ZC_F).  The chart from 1.16.2020 New York update showed that Corn was doing a pullback in wave (2).  Wave A...

NZDJPY Buying The Dip At Blue Box Area

by elliottwave-forecast.com | January 24, 2020 4:18 pm
In this blog, we are going to take a quick look at the Elliottwave chart of NZDJPY.  The chart from 1.22.2020 New York update showed that NZDJPY ended wave 4 at 71.234 low.  The pair then extended...

Boeing Elliott Wave View: Biggest Pullback Taking Place

by elliottwave-forecast.com | January 24, 2020 4:16 pm
Boeing ticker symbol: $BA is showing an incomplete sequence from March 1, 2019 peak favoring more downside towards $275-$248 target area to the downside. In the chart below, the stock is showing an overlapping price action from...

Elliott Wave View: Oil Downside Target

by elliottwave-forecast.com | January 23, 2020 4:17 pm
Oil has extended lower and short term Elliott Wave view suggests the decline from 1.8.2020 high is unfolding as a zigzag Elliott Wave structure. Down from January 8 high, wave A ended at 57.36 as a 5...

EURUSD Found Intraday Sellers Against The 1.1172 High

by elliottwave-forecast.com | January 22, 2020 4:10 pm
Hello fellow traders. Another instrument that we have been trading lately is EURUSD. In this technical blog we’re going to take a quick look at the Elliott Wave charts of EURUSD, published in members area of the...

Elliott Wave View: EURUSD Can See Further Weakness

by elliottwave-forecast.com | January 22, 2020 4:08 pm
EURUSD short term Elliott Wave view suggests the decline from 1.6.2020 high is unfolding as a double three Elliott Wave structure. Down from January 6 high, wave ((w)) ended at 1.1132 and bounce in wave ((x)) ended...