$USDX: The Index Structure Showing an Opportunity to Buy Commodities

by elliottwave-forecast.com | September 21, 2022 1:29 pm
The Dollar Index ($USDX) shows five waves since the low on 03.01.2008, which will provide many signals across the Marketplace. Below is a monthly chart of the Dollar Index $USDX Monthly Elliott Wave The monthly chart above...

$SMG: Scotts Miracle-Gro Entered Long-Term Buying Area

by elliottwave-forecast.com | September 19, 2022 3:55 pm
Scotts Miracle-Gro company is a multinational corporation specializing on lawn and garden care products. Founded 1868, headquartered in Marysville, Ohio, U.S. and traded under the ticker $SMG at NYSE, it is a component of the S&P400 index....

GBPUSD Elliott Wave: Forecasting The Decline After Irregular Flat

by elliottwave-forecast.com | September 19, 2022 3:37 pm
Hello Fellow Traders. In this technical article we’re going to take a look at the Elliott Wave charts charts of GBPUSD forex pair published in members area of the website. As our members know GBPUSD is showing...

EWBC : Expect Larger Correction To Continue Before Rally Resumes

by elliottwave-forecast.com | September 19, 2022 3:25 pm
East West Bancorp Inc, (EWBC) operates as the bank holding company for East West Bank that provides a range of personal & commercial banking services to individuals & businesses. It operates through three segments, Consumer & Business...

JPMorgan (JPM) Could Be Ready For A Rally In Next Quarter

by elliottwave-forecast.com | September 19, 2022 3:11 pm
JPMorgan Chase & Co. (JPM) is an American multinational investment bank and financial services holding company headquartered in New York City and incorporated in Delaware. As of December 31, 2021, JPMorgan Chase is the largest bank in...

EURAUD Shows Bearish Sequence Favoring Downside

by elliottwave-forecast.com | September 19, 2022 2:51 pm
The Euro continues to slide against many other major currencies after Russia stopped the gas supplies. The deepening energy crisis causes fear of a recession in the Euro area. Europe has tried to diversify its energy sources...

Boeing ($BA) Perfect Reaction Lower from Blue Box Area.

by elliottwave-forecast.com | September 19, 2022 2:25 pm
Good day Traders and Investors. In today’s article, we will look at the past performance of 1 Hour Elliottwave chart of Boeing ($BA). The decline from 08.16.2022 high is unfolding as a Double three (WXY) and made a...

NextGen Energy (NXE) Finished Correcting Cycle from 2020 Low

by elliottwave-forecast.com | September 15, 2022 5:08 pm
In our previous article from last year, we wrote that NextGen Energy was in the process of correcting rally from 2020 low. The correction looks completed and the stock is now ready for the next leg higher...

RRR : Expecting A Larger Correction Before Rally Resumes

by elliottwave-forecast.com | September 14, 2022 4:12 pm
Red Rock Resorts Inc., (RRR) develops & operates casino & entertainment properties in the US. It operates through two segments, Las Vegas Operations & Native American Management. It is based in Las Vegas, comes under Consumer Cyclical...

NVDA Reacting Lower Perfectly From Blue Box Area

by elliottwave-forecast.com | September 14, 2022 3:59 pm
In this technical blog, we will look at the past performance of 1-hour Elliott Wave Charts of NVDA. In which, the decline from 05 August 2022 high is unfolding as an impulse sequence and showed a lower low sequence...