NZDJPY Buying The Dip At Blue Box Area

by elliottwave-forecast.com | January 24, 2020 4:18 pm
In this blog, we are going to take a quick look at the Elliottwave chart of NZDJPY.  The chart from 1.22.2020 New York update showed that NZDJPY ended wave 4 at 71.234 low.  The pair then extended...

Boeing Elliott Wave View: Biggest Pullback Taking Place

by elliottwave-forecast.com | January 24, 2020 4:16 pm
Boeing ticker symbol: $BA is showing an incomplete sequence from March 1, 2019 peak favoring more downside towards $275-$248 target area to the downside. In the chart below, the stock is showing an overlapping price action from...

Elliott Wave View: Oil Downside Target

by elliottwave-forecast.com | January 23, 2020 4:17 pm
Oil has extended lower and short term Elliott Wave view suggests the decline from 1.8.2020 high is unfolding as a zigzag Elliott Wave structure. Down from January 8 high, wave A ended at 57.36 as a 5...

EURUSD Found Intraday Sellers Against The 1.1172 High

by elliottwave-forecast.com | January 22, 2020 4:10 pm
Hello fellow traders. Another instrument that we have been trading lately is EURUSD. In this technical blog we’re going to take a quick look at the Elliott Wave charts of EURUSD, published in members area of the...

Elliott Wave View: EURUSD Can See Further Weakness

by elliottwave-forecast.com | January 22, 2020 4:08 pm
EURUSD short term Elliott Wave view suggests the decline from 1.6.2020 high is unfolding as a double three Elliott Wave structure. Down from January 6 high, wave ((w)) ended at 1.1132 and bounce in wave ((x)) ended...

ConocoPhillips (NYSE: COP) Getting Ready for Next Rally

by elliottwave-forecast.com | January 21, 2020 4:19 pm
ConocoPhillips (NYSE: COP) is an American multinational energy corporation that was created through the merger of American oil companies Conoco and Phillips Petroleum Company on August 30, 2002. Since February 2016, COP rallied higher within an impulsive 5 waves...

Microsoft ($MSFT): Even When In Wave V, More Upside Still To Come

by elliottwave-forecast.com | January 21, 2020 4:18 pm
A few months ago, we were expecting Microsoft to trade into the $157.00-$172.00 area. We observed a very technical impulse from all-time lows where wave (III) is ending. We explained the whole idea in the following blog Microsoft...

Elliott Wave View: NZDUSD Zigzag Correction in Play

by elliottwave-forecast.com | January 21, 2020 4:16 pm
NZDUSD short term Elliott Wave view suggests the decline from 12.31.2019 is unfolding as a zigzag Elliott Wave structure. Down from 12.31.2019 high (0.6755), wave 1 ended at 0.6717, and wave 2 bounce ended at 0.6739. Pair...

Walmart (NYSE: WMT) Looking to Find Buyers During Pullbacks

by elliottwave-forecast.com | January 17, 2020 4:13 pm
In today’s article, we’ll be taking a look at the current Elliott Wave Structure for the world’s largest retailer Walmart (NYSE: WMT). Since August 2019, WMT rallied within an impulsive 5 waves advance which took the stock to...