USDCAD : Market Patterns Calling the Move HIgher

by elliottwave-forecast.com | September 28, 2020 4:28 pm
On September 17 2020 I posted on social media Stocktwits/Twitter @AidanFX  “USDCAD Will be looking for BUYS as long price stays above 1.3126.” The chart below was also posted September 17 2020 showing that bullish market patterns were visible...

GBPUSD : Visible Bearish Market Pattern Hitting a Resistance Zone

by elliottwave-forecast.com | September 28, 2020 4:27 pm
On September 16 2020 I posted on social media Stocktwits/Twitter @AidanFX  “GBPUSD Watch for selling opportunities as long price stays below 1.3060.” The chart below of the GBPUSD pair was also posted on social media StockTwits/Twitter @AidanFX September...

$IBM Long Term Bullish Cycle and Elliott Wave Pullback

by elliottwave-forecast.com | September 25, 2020 2:19 pm
$IBM Long Term Bullish Cycle and Elliott Wave Pullback Firstly I would like to mention Big Blue has been around for over 100 years since it was founded. I have price data that goes back to the...

OKTA Inc. ($OKTA) Bulls Remain In Charge

by elliottwave-forecast.com | September 25, 2020 2:18 pm
Another Cloud cloud computing name that has vastly outperformed the market since March 2020 low, is none other than OKTA. This name has been a solid performer since the IPO, and remains favoured to extend higher in...

Southwest Airlines (LUV) Getting Close to Take Off

by elliottwave-forecast.com | September 25, 2020 2:17 pm
At Elliottwave-Forecast, we are always looking for an edge to get clues about the next market move and hence be able to better anticipate the next market move. We look at a number of instruments from around...

Elliott Wave View: Further Downside in Pound Sterling

by elliottwave-forecast.com | September 25, 2020 2:17 pm
Elliott Wave View of Pound Sterling (GBPUSD) suggests the cycle from September 1 high remains incomplete. The decline from there is unfolding as zigzag Elliott Wave Structure. Down from September 1, wave (A) ended at 1.2761 and...

Nikkei: Forecasting The Rally From Elliott Wave Blue Box

by elliottwave-forecast.com | September 24, 2020 3:46 pm
This week we witnessed a sharp decline in Nikkei followed by an equally sharp rally. Our weekend update informed members that a decline was expected to unfold this week followed by a reaction higher, we even showed...

Shanghai Composite Index in Multi Year Consolidation

by elliottwave-forecast.com | September 23, 2020 2:55 pm
As of 22 September, Shanghai Composite Index (SSE) is up 6.9% despite the geopolitical tension with the US and coronavirus pandemic. Contrast this with S&P 500 which has YTD performance of 2.1%. Part of the reasons for...

Elliott Wave View: Support Area for Silver

by elliottwave-forecast.com | September 23, 2020 2:54 pm
Elliott Wave View of Silver (XAG) suggests the cycle from September 1 high has ended as wave (1) at 25.82 low. From there, the metal bounce higher in wave (2). The correction unfolded as zigzag Elliott Wave Structure....