$USDMXN has been trading lower since the peak at 04.2020. We have been waiting for the area between $15.98-$12.14 to be reached. The pair is important because of the correlation with the $USDX and the implication across...
Hello fellow traders. In this technical article we’re going to take a look at the Elliott Wave charts of IBEX Index, presented in members area of the of our website. Recently IBEX has given us correction that...
In this blog, we take a look at IBEX short term view. From the 1 hour chart below, IBEX completed a bullish cycle at around $9135 area for red wave 3. Up from black wave ((ii)) lows...
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of IBEX index published in members area of the Elliottwave-Forecast . As our members know, IBEX is another index...
IBEX 35 is the benchmark Stock Market Index of the Bolsa de Madrid, Spain’s principal stock exchange. Initiated in 1992, the index is administered and calculated by Sociedad de Bolsas, a subsidiary of Bolsas y Mercado Espanoles (BME)....
Spain is one of the hardest hit European countries by Covid-19 pandemic. Unsurprisingly, Spain main index IBEX-35 plunged just like the rest of the world’s indices. The biggest impact happened during the first few days of March....
In this technical blog, we are going to take a look at the past performance of IBEX 1-Hour Elliott wave Charts. That we presented to our members. In which, the decline from the 2/19/2020 peak took place...
IBEX Elliott Wave sequence from 12.28.2018 low remains bullish, favoring further upside. Near term, the rally from Feb 11, 2019 low (8834.3) is unfolding as a zigzag Elliott Wave structure. The first leg of this zigzag wave...
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of IBEX, published in members area of the website. As our members know, IBEX has made recently incomplete...
Most World Indices spend time trading sideways in 2018. There are some exceptions such as FTSE from the U.K. and Russel from the U.S. which have been able to make a new high. Several factors however could...