GBPUSD Incomplete Bearish Sequences Calling The Decline

by elliottwave-forecast.com | February 25, 2020 3:57 pm
Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of GBPUSD, published in members area of the website. As our members know GBPUSD has incomplete bearish sequences...

Elliott Wave View: Virgin Galactic ($SPCE) Extending The Impulse

by elliottwave-forecast.com | February 21, 2020 5:30 pm
Virgin Galactic ($SPCE) has had an impressive rally after setting all time lows after its IPO in the fall of 2019 and continues to impress as it extends the rally in a wave ((3)) impulse.  Up from...

Bausch Health (BHC) Drops More than 10% After Q4 Results

by elliottwave-forecast.com | February 20, 2020 4:29 pm
Bausch Health (Ticker: BHC) reported Q4 revenue of $2.22 billion, which is a 5% YoY increase.  The result was slightly higher than the consensus estimate of $2.2 billion. The company also reported a $1.51 billion net loss,...

INDU Buying The Dips At The Blue Box Area

by elliottwave-forecast.com | February 20, 2020 4:28 pm
Hello fellow traders. INDU is another instrument that we have been trading lately . In this technical blog we’re going to take a quick look at the Elliott Wave charts of INDU, published in members area of...

CADJPY Forecasting The Bounce From Blue Box Area

by elliottwave-forecast.com | February 19, 2020 4:18 pm
In this blog, we are going to take a look at the Elliottwave chart of CADJPY.  The rally from August 26, 2019 low unfolded as 5 waves impulsive move up in wave (A) as a diagonal.  Based on...

EURNZD Elliott Wave Path

by elliottwave-forecast.com | February 19, 2020 4:16 pm
In this technical blog, we are going to take a look at the past performance of EURNZD, 1-Hour Elliott wave Charts that we presented to our members. But before looking into the Charts, we need to understand the market nature...

Elliott Wave View: Oil Shows 5 Waves Rally

by elliottwave-forecast.com | February 19, 2020 4:14 pm
Short term Elliott wave view in Oil (CL_F) suggests the rally from February 5 low shows a 5 swing bullish sequence. We label the rally as an impulse Elliott Wave structure with a nest. Up from February...

Elliott Wave View: PayPal (PYPL) Right Side Remains Bullish

by elliottwave-forecast.com | February 19, 2020 4:13 pm
As US indices were making lower lows in January and February of 2019, PYPL was making higher lows setting up a bullish structure within a larger impulse up against its All Time Low of 30.00 set on...

$SLV Ishares Silver Trust Larger Cycles and Elliott Wave

by elliottwave-forecast.com | February 18, 2020 6:17 pm
$SLV Ishares Silver Trust Larger Cycles and Elliott Wave Firstly there is data back to when the ETF fund began in 2006 as seen on the weekly chart shown below. The fund made a low in 2008 that...