Elliott Wave View: Nasdaq Short Term Support

by elliottwave-forecast.com | January 16, 2020 2:55 pm
Elliott Wave view on Nasdaq (NQ_F) suggests the rally from October 3, 2019 low is unfolding as a 5 waves impulse Elliott Wave structure. In the 45 minutes chart below, wave (3) of the impulse structure ended at...

FCX Elliott Wave View: Buying The Wave 4 Pullback

by elliottwave-forecast.com | January 16, 2020 2:54 pm
In this technical blog, we are going to take a look at the past performance of 1 hour Elliott Wave Charts of FCX, which we presented to members at elliottwave-forecast. In which, the rally from 9 October 2019, showed an impulse sequence...

Elliott Wave View: Bitcoin (BTCUSD) Near The End of 5 Waves Rally

by elliottwave-forecast.com | January 15, 2020 4:11 pm
Elliott Wave view on Bitcoin (BTCUSD) suggests the rally from December 18, 2019 low is unfolding as a 5 waves impulse Elliott Wave structure. In the 1 hour chart below, we can see wave ((iii)) of the impulse...

Strong Labor Market and High Inflation Supports Canadian Dollar

by elliottwave-forecast.com | January 14, 2020 3:33 pm
Bank of Canada will have its first rate meeting this year on January 22. Recent strong jobs data and high inflation likely allows BOC to maintain a steady rate. Latest jobs report from Canada shows a strong...

Elliott Wave View: $DAX Extending Higher

by elliottwave-forecast.com | January 14, 2020 2:49 pm
Short Term Elliott Wave view on $DAX suggests the pullback to 12886.55 ended wave (4). Index has resumed higher in wave (5) and the internal subdivides into a 5 waves impulse Elliott Wave structure. Up from wave...

Dow Jones Futures ( $YM_F ) Found Buyers & Made New All-Time High

by elliottwave-forecast.com | January 13, 2020 3:40 pm
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of Dow Jones Futures ( $YM_F ) published in members area of the Elliottwave-Forecast.com .  As our members...

Using Market Correlation to Time The Entries

by elliottwave-forecast.com | January 10, 2020 4:08 pm
Last year turned out to be great for GBP crosses as they managed to put in strong rallies in favor of GBP since December 2018 lows or highs. In this article, we would concentrate on two of...

AMAZON ( $AMZN ) Buying The Dips At Blue Box Area

by elliottwave-forecast.com | January 10, 2020 4:06 pm
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of AMAZON Stock published in members area of the Elliottwave-Forecast.com .  As our members know, we were calling...

$SMH Elliott Wave and Longer Term Cycles

by elliottwave-forecast.com | January 9, 2020 4:01 pm
$SMH Elliott Wave and Longer Term Cycles Firstly as seen on the monthly chart shown below. There is data back to May 2000 in the ETF fund. Data suggests the fund made a low in November 2008. This...