USDRUB : Russian Rouble Shows Medium Term Strength

by elliottwave-forecast.com | December 7, 2020 3:51 pm
Russian Rouble (or Ruble) is the currency of the Russian Federation and the 17th most traded currency in the world. Within current environment of rising commodity prices, the world market impact of Russia, which is a major...

USDCAD Turned Lower From The Blue Box ( Sellers Zone)

by elliottwave-forecast.com | December 3, 2020 2:36 pm
Hello fellow traders. In this technical blog we’re going to take a quick look at the charts of USDCAD published in members area of the website. As our members know, USDCAD is showing lower low sequences in...

Will Rising Prices in Hard Red Winter Wheat Make Bread Lovers Suffer?

by elliottwave-forecast.com | December 3, 2020 2:23 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...

XLF Forecasting The Rally From Elliott Wave Blue Box Areas

by elliottwave-forecast.com | December 3, 2020 2:04 pm
In this technical blog, we are going to take a look at the past performance of 1 hour Elliott Wave Charts of XLF an ETF from the financial sector. In which, the rally from 29 October 2020 low unfolded as impulse...

$SMH Semiconductors ETF Long Term Cycles & Elliott Wave

by elliottwave-forecast.com | December 1, 2020 4:30 pm
$SMH Semiconductors ETF Long Term Cycles & Elliott Wave Firstly as seen on the monthly chart shown below. There is data back to May 2000 in the ETF fund. Data suggests the fund made a low in November...

Elliott Wave: Ending Diagonal Appears When a Cycle is Almost Over

by elliottwave-forecast.com | November 30, 2020 3:45 pm
An ending diagonal is an Elliott Waves structure that is wedge-shaped and can appear within an impulse as wave 5 or within a correction as a wave C. This type of structure internally is composed of 5...

Tesla Forecasting The Rally Higher From Blue Box Area

by elliottwave-forecast.com | November 30, 2020 3:44 pm
In this technical blog, we are going to take a look at the past performance of 1 hour Elliott Wave Charts of Tesla ticker symbol: $TSLA, which we presented to members at elliottwave-forecast. In which, the rally from...

Elliott Wave View: AUDJPY Looking for Bullish Breakout

by elliottwave-forecast.com | November 26, 2020 3:55 pm
Short Term Elliott Wave view in AUDJPY suggests the pullback to 75.3 ended wave 2. Internal subdivision of wave 2 unfolded as a double three Elliott Wave structure. Down from November 11 peak (77.09), wave ((w)) ended...

EURNZD Gets Rejected in Blue Box and Makes New Lows

by elliottwave-forecast.com | November 25, 2020 4:54 pm
EURNZD this week dropped to a new low and traded at it’s lowest level since 21st February 2020. The recent decline started after sellers entered in our blue box area. In this article, we will look at...

$DTE : Deutsche Telekom Should Soon Break Out

by elliottwave-forecast.com | November 25, 2020 4:53 pm
Deutsche Telekom AG is a German telecommunications company and by revenue the largest telecommunications provider in Europe. Formed in 1995 and headquartered in Bonn, Germany, the company operates several subsidiaries worldwide. Deutsche Telekom is a part of...