$SAP : Software Corporation SAP Offers an Opportunity

by elliottwave-forecast.com | July 15, 2022 2:13 pm
SAP SE  is a multinational corporation which is well known as a producer of the enterprise software being used in managing business operations and customer relations. Founded in 1972 and headquartered in Walldorf, Germany, the company’s most...

Nifty Index Reacting Lower From Elliott Wave Hedging Area

by elliottwave-forecast.com | July 14, 2022 2:28 pm
In this technical blog, we will look at the past performance of 1 hour Elliott Wave Charts of the Nifty index. In which, the decline from April 2022 high ended in a higher degree wave ((Y)) at...

SONY Must Be Further Bearish In This Year, But How?

by elliottwave-forecast.com | July 11, 2022 3:53 pm
Sony Group Corporation, commonly known as Sony and stylized as SONY, is a Japanese multinational conglomerate corporation headquartered in Kōnan, Minato, Tokyo, Japan. As a major technology company, it operates as one of the world’s largest manufacturers...

Hard Red Winter Wheat: Towards Bread Shortages in 2023?

by elliottwave-forecast.com | July 11, 2022 3:42 pm
Hard Red Winter Wheat is one of the grain commodities, along with soft red wheat, corn, soybeans and others. Within the wheat family, first of all, there is a fundamental difference between two wheat types. Soft wheat...

USDNOK Buying The Dips At The Blue Box

by elliottwave-forecast.com | July 11, 2022 3:30 pm
Hello fellow traders. In this article we’re going to take a quick look at the Elliott Wave charts of USDNOK, published in members area of the website. We have favoring the long side due to impulsive bullish...

10 Year Note (ZN_F) Forecasting The Path & Selling The Rallies

by elliottwave-forecast.com | July 11, 2022 3:20 pm
Hello fellow traders. Another instrument that we have been trading lately is ZN_F. In this technical blog we’re going to take a quick look at the Elliott Wave charts of 10 Year Note and explain the trading...

GCC (Wisdomtree Commodity Strategy Fund) Calling For Higher Commodities

by elliottwave-forecast.com | July 5, 2022 3:25 pm
GCC (Wisdom Tree Commodity Strategy Fund) is a great indicator for commodities direction. This Fund is positively correlated with Oil. Previously, we have mentioned the idea that the Fund reached the blue box area back in 03.2020....

Platinum Support Area

by elliottwave-forecast.com | July 5, 2022 3:11 pm
The Fed’s aggressive rate hikes to fight inflation has caused deterioration in economic outlook. Atlanta Fed’s GDP gauge now sees the second quarter running at – 2.1%. With the first quarter’s decline of 1.6%, this makes it...

EURNZD Buying The Dips At The Blue Box Area

by elliottwave-forecast.com | July 5, 2022 2:59 pm
In this technical blog we’re going to take a quick look at the Elliott Wave charts of EURNZD published in members area of the website.  As our members knew, we’ve been favoring the long side in EURNZD since it...

NTR : Favors Short Term Weakness Before Turning Higher

by elliottwave-forecast.com | July 4, 2022 4:06 pm
Nutrien Ltd., (NTR) provides crop inputs & services. It offers potash, nitrogen, phosphate & sulphate products, & financial solutions. The company also distribute through approximately 2000 retails locations in US, Canada, South America & Australia. It is...