GBPUSD: The nearest long-term level of support is 1.2731

by Assistant Traders | February 14, 2019 7:25 am
The capitalization of the positions of the CME Group participants reporting to CFTC on derivatives on the British pound increased by 8%. The total capitalization of derivative markets for British Pound reached $ 42 billion 69 million....

Elliott Wave View: Further Rally in Nikkei Favored

by elliottwave-forecast.com | February 13, 2019 8:18 pm
Short-term Elliott wave view in Nikkei suggests that the Index has ended correction at 20169 as wave ((X)) and starts a new leg higher. Decline to 20169 on 8 February took the form of an Elliott Wave...

Alibaba Ended Elliott Wave Flat Correction: What’s Next?

by elliottwave-forecast.com | February 13, 2019 8:18 pm
In this technical blog, we are going to take a look at the past performance of Alibaba ticker symbol: $BABA 4-Hour Elliott Wave Charts that we presented to our members. In which, the stock made a 3...

Elliott Wave Analysis: More Downside Expected in EURGBP

by elliottwave-forecast.com | February 13, 2019 8:17 pm
Hello fellow traders. I want to share with you some Elliott Wave charts of EURGBP which we presented to our members at Elliott Wave Forecast. You see the 4-hour updated chart presented to our clients on the 01/26/19 below EURGBP unfolded as an...

Gold: The first long-term goal of increasing is 1323.85

by Assistant Traders | February 13, 2019 7:26 am
Cash investments of the “owners of the markets” in derivatives for gold of the CME Group exchange amounted to $ 181 billion 609 million. Capitalization of investments increased by less than 1%. The net advantage of bullish...

Elliott Wave View Favors More Downside in GBPUSD

by elliottwave-forecast.com | February 12, 2019 8:58 pm
GBPUSD short-term Elliott wave view suggests that the rally to 1.322 on Jan 26, 2019 ended wave ((X)). Decline from there is unfolding as a 5 waves impulse Elliott Wave structure. Down from 1.322, wave (i) ended...

$IBM Long Term Bullish Trend and Elliott Wave Cycles

by elliottwave-forecast.com | February 12, 2019 8:54 pm
$IBM Long Term Bullish Trend and Elliott Wave Cycles Firstly I would like to mention Big Blue has been around for over 100 years since it was founded. I have price data that goes back to the...

Has S&P E-Mini Futures (ES_F) Formed Secondary High?

by elliottwave-forecast.com | February 12, 2019 8:42 pm
Recall in our previous article we said U.S. Indices, specifically S&P 500 E-Mini Futures (ES_F), likely won’t break last year’s high yet. From the technical side, the chart below shows why the current level around 2700 presents a...

BP Cycles and Elliott Wave from February 2016

by elliottwave-forecast.com | February 11, 2019 8:39 pm
BP Cycles and Elliott Wave from February 2016 Firstly I would like to mention the data I have on the BP stock goes back to around 1968 when prices were ranging around in between 1 & 2...

Shopify (NYSE:SHOP) – Bullish Flag Breakout Higher

by elliottwave-forecast.com | February 11, 2019 8:04 pm
Shopify (NYSE:SHOP) is an electronic commerce company offering online stores and retail point of sale platform designed for small and medium-sized businesses. Merchants can design, set up and manage their shops using a single interface which make is an...