Similar to most instrument within the energy sector, Chevron (ticker: $CVX) is trading sideways to lower since the peak on 04.08.2019. $CVX is showing a five waves advance since the lows at $69.65, which happened on 08.24.2015....
As we have anticipated and communicated in every opportunity, world indices keep trading into new all-time highs. They should still continue to extend in years to come. It is easy to try picking the tops after the...
Elliott Wave view in Alibaba ($BABA) suggests that stock rallies as a 5 waves impulsive Elliott Wave structure from August 5, 2019 low. On the 1 hour chart below, we can see wave 3 of this impulse...
In this technical blog, we are going to take a look at the past performance of 1-hour Elliott Wave Charts of Dow Jones Futures ($YM_F), which we presented to members at elliottwave-forecast.com. In which, the cycle from 12/26/2018 low...
Elliott Wave view in DAX suggests that Index shows an incomplete bullish sequence from December 27, 2018 low favoring more upside. On the 1 hour chart below, we can see the rally to 13374.27 ended wave 3...
Last week, US Dollar fell across the board after the Fed signaled it will leave policy unchanged for an extended period of time until 2021. The Fed maintained the interest rate unchanged at 1.5 – 1.75%. They...
FXE Longer Term Cycles and Elliott Wave Firstly as seen on the weekly chart shown below the instrument made a high in April 2008. There is data back to December 2005 in the ETF fund. Data correlated in...
Elliott Wave view in Nikkei (NKD_F) suggests that the Japanese Index ended wave (4) on December 3 at 22898. This is part of a bigger impulsive 5 waves rally from August 25, 2019 low (not shown on...
In this blog, we are going to look at the recent developments in CHFJPY forex pair. CHFJPY rally from 10.4.2019 (106.72) to 10.21.2019 (110.39) was in 3 waves and unfolded as a zigzag Elliott wave structure. Then...
EURUSD Technical Analysis EURUSD : An Elliott Wave Zig-Zag pattern is a 3 wave (A,B,C) pattern consisting of a 5-3-5 wave structure. 5 waves for the wave A, followed by 3 waves for wave B and finally...
