Elliott Wave View: USDCAD Shows Bullish Sequence

by elliottwave-forecast.com | January 4, 2022 4:49 pm
The Fed has indicated that they plan to continue to taper and start raising interest rates from near zero to curb the strongest inflation in four decades. A hawkish Fed, if followed through in action, may support...

XLY Reacting Higher After Ending Double Correction

by elliottwave-forecast.com | January 4, 2022 4:49 pm
In this technical blog, we will look at the past performance of 4 hour Elliott Wave Charts of XLY. In which, the rally from 18 March 2020 low unfolded as a nest and showed a higher high sequence....

Soybeans Futures ( $ZS_F ) Buying The Dips At The Blue Box Area

by elliottwave-forecast.com | January 4, 2022 4:48 pm
Soybeans Futures ( $ZS_F )  is another instrument that has given us trading opportunities lately . The commodity  is showing impulsive bullish sequences in the cycle from the November’s 1181’3 low.  Recently it made clear 3 waves ...

Elliott Wave View: AVAX Should Extend Higher

by elliottwave-forecast.com | January 4, 2022 4:47 pm
AVAX (Avalanche) is one the top cryptocurrency having market cap around $25.9B. In cryptocurrency segment, it is ranked 11th by market cap having current price at around $106.1. Since June-2021 low, it rises more than 10 fold...

Is $SLV Ready to Turn Higher In The Larger Cycles?

by elliottwave-forecast.com | December 31, 2021 5:14 pm
Is $SLV Ready to Turn Higher In The Larger Cycles? Firstly there is data back to when the ETF fund began in 2006 as seen on the weekly chart shown below. The fund made a low in 2008...

Tesla Blue Box Area Provided The Minimum Reaction Higher

by elliottwave-forecast.com | December 29, 2021 5:02 pm
In this technical blog, we will look at the past performance of 4 hour Elliott Wave Charts of Tesla stock ticker symbol: $TSLA. In which, the rally from 05 March 2021 low unfolded as an impulse structure with an...

Bit Digital ($BTBT) Still Carving Out A Low

by elliottwave-forecast.com | December 29, 2021 5:01 pm
The last time I looked at Bit Digital was back in October 2021.  At the time, I was favouring that a pullback against the 7/20/2021 low was complete, and that the new swing higher was underway.  Lets...

$ADS : Rally in Adidas Sportswear Stock Should Continue

by elliottwave-forecast.com | December 29, 2021 5:01 pm
Adidas is a German multinational corporation designing and manufacturing shoes, clothing and accessories. Created in 1934 by Adolf Dassler and headquartered in Herzogenaurach, Germany, the company is the largest sportswear manufacturer in Europe. Adidas is a part...

Elliott Wave View: TROX Should Expect Pullback

by elliottwave-forecast.com | December 28, 2021 4:38 pm
Tronox Holdings Plc (TROX) operates as vertically integrated manufacturer of TiO2 pigment in North America, South & Central America, Europe, Middle East, Africa & Acia Pacific. The company operates Titanium bearing minerals & mines & beneficiation &...

Elliott Wave View: CDEV Should Expect Pullback

by elliottwave-forecast.com | December 28, 2021 4:37 pm
Centennial Resource Development, Inc., (CDEV) is an independent Oil & Natural gas company, focuses on the development of unconventional oil & associated liquid rich natural gas reserves in US. It trades as CDEV ticker at Nasdaq under...