GBPNZD : Buy the Dip Scenario

by elliottwave-forecast.com | January 10, 2019 8:52 pm
GBPNZD Technical Analysis January 8/2019 Bullish market patterns can be seen on the GBPNZD 4 hour chart. In the chart below there are possible bullish patterns that can trigger BUYS if the market makes another move lower....

IYF Flat from the January 29, 2018 highs

by elliottwave-forecast.com | January 10, 2019 8:52 pm
IYF Flat from the January 29, 2018 highs The iShares US Financials ETF, symbol IYF appears to be a flat correction lower from the January 29, 2018 highs. It has been persistent and strong enough to suggest...

Short Term Elliott Wave View in Oil Favoring More Upside

by elliottwave-forecast.com | January 10, 2019 8:51 pm
Oil’s (CL_F) short term Elliott Wave view shows that the decline from 10/3/2018 high ended as 5 waves impulse in wave a at $42.41. The cycle from 10/3/2018 high has ended and Oil should now see at least a...

Forex Majors: Options And Futures Analysis For January 10, 2019

by Assistant Traders | January 10, 2019 9:45 am
EURUSD     For the euro today we expect a rebound from the zone of 4% and the subsequent increase to the level of the limit seller with a possible false breakdown to the zone of 8%. GBPUSD     Today...

USDJPY : Will Bearish Pattern Trigger More Sells?

by elliottwave-forecast.com | January 9, 2019 9:00 pm
USDJPY Technical Analysis January 8/2019 USDJPY remains bearish as long as the October 4/2018 high remains untouched. On the Daily chart there is a clear visible bearish pattern that can be seen. The blue bearish pattern triggers...

Palladium Reaches 100% Fibonacci Extension Since 1996 Low

by elliottwave-forecast.com | January 9, 2019 8:59 pm
Palladium reached a high of $1249.40 today, it is already up 53% since August 2018 but has now reached 100% Fibonacci extension from the all time low. It has also reached 100% Fibonacci extension up from 2003...

Elliott Wave View looking for SPX Rally to Fail

by elliottwave-forecast.com | January 8, 2019 8:58 pm
Short term Elliott Wave view in SPX suggests that the decline to 2346.58 ended wave (3). The Index is currently correcting in wave (4) as a double three Elliott Wave structure. Up from 2346.58, wave W ended...

Elliott Wave Analysis: Not The Right Time to Buy Apple

by elliottwave-forecast.com | January 8, 2019 8:58 pm
Welcome traders, today we will look at a couple of Apple (APPL) charts. After plunging almost 10% on January 3rd, has the tech giant reached a bottom? And do we really have to depend on news to be on the...