Forecasting The Rally in Silver (XAGUSD)
In this blog, we are going to take a look at the Elliott Wave chart of Silver (XAGUSD). The 45 minutes London chart update from July 17 shows that the metal has ended cycle from July 2...
Author: elliottwave-forecast.com
Gold Miners Junior (GDXJ) Breaks 7 Year Base
Gold prices continue to extend higher as the EU sets to announce a historic €750 billion coronavirus stimulus. The US Congress is also debating for a new aid package to counter the economic effects of the pandemic. With...
Elliott Wave View: Dollar Index (DXY) Ending Wave ((v))
DXY 1 hour chart below shows that the index has continued to extend lower and can see more downside before ending wave ((v)). The index ended the cycle from June 30 high as wave ((i)) at 96.57...
Natural Gas ( $NG_F) Found Sellers After Elliott Wave Double Three
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of Natural Gas ( $NG_F) published in members area of the Elliottwave-Forecast . As our members know, Natural Gas...
Elliott Wave View: AUDUSD Remain Supported
AUDUSD 45 minutes chart below shows that pair has ended cycle from July 9 high as wave 2 at 0.6918 low. The pullback unfolded as a zig-zag Elliott Wave Structure. From July 9 high, wave ((a)) ended...
GDX Elliott Wave: Buying The Wave Four Pullback
In this technical blog, we are going to take a look at the past performance of 1 hour Elliott Wave Charts of GDX, which we presented to members. In which, the rally from 05 June 2020 lows, showed the higher highs...
Elliott Wave View: Oil (CL_F) Extending Higher
Light Crude Oil 45 minutes chart below shows that the commodity has ended cycle from July 6 high as wave 2 at 38.56 low. The pullback unfolded as a flat Elliott Wave Structure. From July 6 high,...
Elliott Wave View: Dow Futures (YM_F) Resumes Higher
YM_F 45 minutes chart below shows that Index has ended the cycle from July 7 high as wave 2 at 25293 low. The pullback unfolded as a zig-zag Elliott Wave Structure. From July 7 high, wave ((a))...
Elliott Wave View: S&P 500 E-Mini Futures (ES_F) Correction in progress
Elliott Wave View in S&P 500 E-mini Futures (ES_F) suggests the rally from 6.15.2020 low has ended at 3226.25 high as wave (1). Up from 6.15.2020 low, wave 1 ended at 3156.25 high and wave 2 dips ended...
$TSX : Canadian Stock Market Index Waiting for Commodities Breakout
S&P/TSX Composite is a Canadian stock market index representing roughly 70% of the market capitalization on the Toronto Stock Exchange. Under the ticker $TSX, one can track the market value of 250 most important companies. From 2009 to...