Elliott Wave View: High Frequency Box Suggested NASDAQ Rally

by elliottwave-forecast.com | March 27, 2019 7:12 pm
Hello fellow traders. Today, I want to share some Elliott Wave charts of Nasdaq Futures (NQ_F) which we presented to our members in the past. Below, you see the 1-hour updated chart presented to our clients on the 03/08/19....

ZN_F Elliott Wave Analysis, USDJPY and SPX

by elliottwave-forecast.com | March 26, 2019 6:12 pm
ZN_F has rallied throughout March so in this blog, we will take a look at the Technical outlook for ZN_F (US 10 Year Note Futures), present Elliott wave count and also correlate it with USDJPY and $SPX...

Elliott Wave View: Nikkei Rally Likely Fails for Further Downside

by elliottwave-forecast.com | March 26, 2019 6:12 pm
Elliott Wave view is calling an end to Nikkei’s rally from December 26, 2018 low with wave X at 21884. The Index should resume the move lower and should eventually break below wave December 26, 2018 low....

AUDJPY : Catching the Trend Lower

by elliottwave-forecast.com | March 26, 2019 6:11 pm
AUDJPY Short Term Technical Analysis AUDJPY on March 8/2019 the pair bounced and traded higher. Price started a Higher High/Higher Low sequence and trended higher for the entire trading week of March 11-15/2019. In the chart below the...

AAL Elliott Wave View: Correcting 2013 IPO Lows

by elliottwave-forecast.com | March 25, 2019 8:59 pm
American Airlines Group inc ticker symbol: AAL is an American airline holding company stationed in Forth worth Texas formed in December 2013. Since the IPO low from December 2013, the stock rallied in 3 waves corrective sequence...

USDMXN Bearish Sequence Calling Extension Lower

by elliottwave-forecast.com | March 25, 2019 8:59 pm
Back in September 2018, we highlighted that USDMXN Elliott wave analysis suggested bounces should fail below 6.15.2018 peak for extension lower. The bounce did fail below 6.15.2018 peak as pair formed a secondary peak on 12.6.2018 and turned...

Elliott Waves from December Low Suggests XLK to Make New Highs

by elliottwave-forecast.com | March 21, 2019 8:30 pm
XLK Pattern Suggests New Highs on the Horizon After a 24.5%, 7-wave, decline from the $76.27 peak of 10/3/2018, XLK appears to be showing signs of a bottom. This technology ETF, XLK, is now showing a clear...

Fed’s Policy U-Turn Deters Dollar Bulls – US Dollar Weakness Ahead

by elliottwave-forecast.com | March 21, 2019 8:29 pm
After repeated rebuke by President Trump, the Fed has completely capitulated. Following the two-day meeting, the Fed has scaled back their projected interest rates rise to zero this year. This reflects the concern about slowing economic growth,...

Can Chipotle Mexican Grill (CMG) Break to New All time Highs ?

by elliottwave-forecast.com | March 20, 2019 7:55 pm
Chipotle Mexican Grill (NYSE: CMG) is an American chain of fast casual restaurants which has 29 locations outside of the United States. Last month, the company announced fourth-quarter sales, revenue, and earnings growth that topped Wall Street’s expectations. The...

Elliott Wave View: Nifty Looking to Break 2018 High

by elliottwave-forecast.com | March 20, 2019 7:54 pm
Since forming the low on Oct 26, 2018 low, Nifty has rallied higher and now is challenging the 2018 high (11760.20). A break above 2018 high will signal that the Index has ended the entire correction from...