Is $FXY Due A Bounce In The Longer Term Cycles?

by elliottwave-forecast.com | December 16, 2021 3:45 pm
Is $FXY Due A Bounce In The Longer Term Cycles? Firstly the $FXY instrument inception date was 2/12/2007. The instrument tracks changes of the value of the Japanese Yen versus the US Dollar. There is plenty of...

$CC #F: Will Cocoa Prices Catch Up Those of Coffee?

by elliottwave-forecast.com | December 14, 2021 6:04 pm
Cocoa (or cocoa bean) is one of soft commodities, along with sugar, coffee, orange juice and cotton. The bean is the fully dried and fermented seed, wherefrom cocoa solids and cocoa butter can be extracted. Cocoa beans...

$MTX: MTU Aero Engines Expecting Acceleration Higher

by elliottwave-forecast.com | December 14, 2021 6:01 pm
MTU Aero Engines AG is a German aircraft engine manufacturer. It develops, manufactures and provides service support for civil and military aircraft engines. Founded in 1934 and headquartered in Munich, Germany, it can be traded under the ticker...

Matador Resources ($MTDR) Pulling back against 2020 low

by elliottwave-forecast.com | December 14, 2021 5:53 pm
The last time I analyzed this company was September 2021 (article can be found here), it was close to completing the cycle from the 2020 low, and then pulling back in a larger degree correction. Before I get...

Did $UUP Begin A Bearish Sequence In The Longer Term Cycles

by elliottwave-forecast.com | December 14, 2021 5:52 pm
Did $UUP Begin A Bearish Sequence In The Longer Term Cycles Firstly the dollar tracking ETF fund UUP  inception date was 2/20/2007. Interestingly the dollar index has a low in March 2008. The UUP ETF fund shows...

USDSGD Forecasting The Path & Buying The Dips

by elliottwave-forecast.com | December 13, 2021 4:50 pm
USDSGD is another instrument that has given us trading opportunity lately . Break of 07/20 peak, has made incomplete bullish sequences in the cycle from the January low. The price structure is suggesting further rally within that...

Elliott Wave View: WIT (WIPRO) Should Expect Short Term Correction

by elliottwave-forecast.com | December 9, 2021 3:15 pm
Wipro Limited (WIT) operates as Information technology, Consulting & Business process services company globally. It operates through three main segments, IT Services, IT Products & India State Run Enterprise Services. The company is based in Bengaluru, India...

Zoom ($ZM) Playing Out As Expected

by elliottwave-forecast.com | December 7, 2021 5:52 pm
The last time I looked at this name was in June 2021.  You can view this article here.  At the time, I was expecting another swing down to take place in a larger wave II correction.  Lets take...

Renminbi Should Continue To Appreciate Against USD In Long Term

by elliottwave-forecast.com | December 7, 2021 5:22 pm
In the last years, the renminbi made a pause in his attempt to get stronger against USD dollar. On February 2014, renminbi found support at 6.0153 and from there it made a perfect zig – zag correction...

Elliott Wave View: EQH Should Expect Short Term Correction

by elliottwave-forecast.com | December 7, 2021 5:19 pm
Equitable Holdings Inc (EQH) operates as a diversified financial service through four segments, Individual retirement, Group retirement, Investment management & research & Protection solutions. It based in New York & trades under $EQH ticket at NYSE. It...