US Dollar has been rallying in the past few months ahead of the expected tapering by the Fed and rising yields. However, it doesn’t change the long term bullish outlook in Pound Sterling. The pullback in GBPUSD...
In this technical blog, we are going to take a look at the past performance of Facebook stock 1hr chart presented to members at elliottwave-forecast.com. In which the decline from September 01, 2021, high unfolded as Elliott...
Platinum is a metal which is used in jewelry, decoration and dental work. The metal and its alloys are also used for electrical contacts, fine resistance wires and medical / laboratory instruments. An alloy of platinum and...
The last time I analyzed this company (article can be found here), it was close to setting a low in wave ((2)) before moving higher in a wave ((3)). Before I get into the charts, lets check...
$PFE Elliott Wave Cycles & Long Term Bullish Trend The Pfizer Long Term Bullish Trend and Elliott Wave Cycles suggest the stock price will be trending higher. The cycles project it should continue toward the April 1999...
$NEM Longer Term Bullish Cycles of The Newmont Corporation Firstly from the beginning of price data from back in the 1970’s not shown on the chart, the price trend was obviously up. It ended that bullish cycle...
Silver Miners ETF (SIL) has been consolidating since bottoming on January 2016 low at 14.94. Presently, it has reached 100% fibonacci extension from August 2020 peak at $26.2 – 35.3. This means the instrument can soon see...
LUV (Southwest Airlines) shows a very constructive price action since the all-time lows. We can see a very nice impulse or five waves into the peak in 2017. The Elliott Wave Theory’s main message is that the...
Royal Gold is an ETF with a higher degree correlation with Gold and might show a path for an expected move higher in Gold into the $2700.00 area. The Symbol shows five swings or waves since the...
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of Bitcoin ($BTCUSD ) published in members area of the Elliottwave-Forecast . As our members know, we have...