NZDUSD : Possible Bullish Patterns

by elliottwave-forecast.com | December 24, 2018 9:44 pm
NZDUSD remains bullish as long as the October 8/2018 low remains untouched. On the Daily chart there are clear visible bullish patterns that can be seen.  In the chart below, market patterns are used to determine where...

Elliott Wave Analysis: Netflix Reacted Lower from Blue Box

by elliottwave-forecast.com | December 20, 2018 5:35 pm
Hello fellow traders, In this blog, we will have a look at some short-term Elliott Wave charts of Netflix which we presented to our members in the past. You see the 1-hour updated chart presented to our clients on the...

RUSSELL Incomplete Bearish Sequences Calling The Decline

by elliottwave-forecast.com | December 20, 2018 5:34 pm
Hello fellow traders. In this technical blog we’re going to take a quick look at the charts of RUSSELL published in members area of the website. As our members know, RUSSELL has incomplete sequences in the cycle...

Elliott Wave View: NASDAQ Futures Calling For Further Decline

by elliottwave-forecast.com | December 20, 2018 5:23 pm
NASDAQ ticker symbol: $NQ_F short-term Elliott wave view suggests that a bounce to $6897 high ended Primary wave ((X)). Down from there, the decline is unfolding as a zigzag structure within primary wave ((Y)) where an initial...

STRTECH (Sterlite Technologies): Elliott Wave FLAT Structure

by elliottwave-forecast.com | December 19, 2018 6:10 pm
STRTECH (Sterlite Technologies): Elliott Wave FLAT Structure Sterlite Technologies Ltd. Sterlite Technologies Limited designs, builds and manages “smarter networks” Sterlite Tech develops & delivers optical communication products, network & system integration services and software solutions for telecoms globally. The company is listed...

Elliott Wave Analysis: Palladium Extended Higher

by elliottwave-forecast.com | December 19, 2018 5:53 pm
Below, you can see the 1-hour updated chart posted on the 12/07/18 with our Elliot count perspective at the time. We expected prices to extend higher due to the 11/16 high broken on 11/29, hence our bullish...

OIL Elliott Wave Analysis: Calling For More Weakness

by elliottwave-forecast.com | December 19, 2018 5:43 pm
OIL Elliott wave analysis suggests that a decline from October 3, 2018 peak ($76.9) is unfolding as impulse Elliott wave structure. Down from $76.9 peak, the primary wave ((1)) ended at $68.47 low. A primary wave ((2))...

Elliott Wave View: CADJPY Selloff To Resume

by elliottwave-forecast.com | December 18, 2018 10:43 am
Elliott Wave View: CADJPY Selloff To Resume Short Term Elliott Wave view suggests that cycle from 11.8.2018 high (87) ended at 83.55 in Minor wave W and bounce to 85.27 ended Minor wave X. Pair has resumed...

Brexit Uncertainty to Continue Put Pressure on Poundsterling

by elliottwave-forecast.com | December 18, 2018 10:00 am
The Brexit saga continues to unfold as Prime Minister Theresa May postponed Brexit deal vote in U.K Parliament last week. The cancellation happened after it becomes clear that May will lose the vote by large margin if...

Citigroup (NYSE:C) – Time to Wake Up Bulls

by elliottwave-forecast.com | December 18, 2018 9:41 am
Citigroup (NYSE:C) is the 3rd largest bank in the United States. Since the crash of 2008, its stock wasn’t able to recover 15% of that decline compared to other Banks like JP Morgan or Goldman Sachs. 2018 wasn’t...