AUDJPY Forecasting The Bounce From The Blue Box Area
In this blog, we are going to take a look at the Elliottwave chart of AUDJPY. The rally from August 26, 2019 unfolded as 5 waves impulsive move up in wave (A) as a leading diagonal. Based...
Tag: Trading
Amazon Soared After Q4 Earnings Beat
Amazon (ticker: AMZN) recently reported Q4 2019 earnings. The result of $45.7 billion online sales surpassed the Q4 2018 number of $39.8 billion. The company also announced they currently have over 150 million Prime subscribers globally. In...
CHFJPY Buying Elliott Wave Blue Boxes At Extreme Area
In this technical blog, we are going to take a look at the past performance of CHFJPY, 1-Hour Elliott wave Charts that we presented to our members. In which, the rally from October 2019 lows showed an impulse structure called for...
Elliott Wave View: Nikkei Has Resumed Higher
Short term Elliott wave view in Nikkei (NKD_F) suggests the Index ended the correction from December 17, 2019 high in wave ((4)) at 22628. The Index has resumed higher in wave ((5)) although it still needs to...
NIKKEI ( $NKD_F ) Forecasting The Rally & Buying The Dips In The Blue Box
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of NIKKEI published in members area of the Elliottwave-Forecast . As our members know, NIKKEI has recently gave...
XAUUSD Impulsive Elliott Wave Decline In Progress
XAUUSD (Gold) formed a secondary peak at 1593.82 on February 2, 2020 and turned lower sharply. Primary count suggests secondary peak completed wave B as a FLAT and wave C lower has started which should form part...
TSLA Powerful Elliott Wave (III) Started From The Blue Box
TSLA has gained 447% since June 2019 and the vertical rally suggests it is super cycle wave (III) of an Elliott Wave Impulse structure up from all time low. In 2019, we looked for a pull back...
Elliott Wave View: Downside Target for Exxon Mobil
Elliott wave view in Exxon Mobil (ticker: XOM) suggests that the sequence from April 23, 2019 high (not visible in the short term chart below) is incomplete. Medium term downside target for the stock is 100% –...
Snap Inc. Bullish Sequence Supporting Further Upside
Snap Inc. is an American camera and social media company which has three products: Snapchat, Spectacles, and Bitmoji. Last year, SNAP ended up with +195% gains as the stock saw an impressive 5 waves advance allowing it to...
USDSEK Forecasting Rally Into Blue Box Based on Incomplete Sequence
USDSEK found a low at 9.2929 on December 31, 2019 and rallied in 5 waves to 9.529. This was followed by a 3 waves pull back to 9.439 on January 15, 2020 and then the pair started...