Elliott Wave View: Soybean Impulsive Rally Favors Upside

by elliottwave-forecast.com | January 3, 2020 4:10 pm
Soybean (ZS_F) cycle from May 13, 2019 low shows an incomplete 5 swing sequence, favoring further upside to end 7 swing double zigzag structure. On the 4 hour chart below, we can see the rally to 945.4...

10 Year T-Note Futures: $ZN_F Forecasting Elliott Wave Path

by elliottwave-forecast.com | January 2, 2020 5:52 pm
In this technical blog, we are going to take a look at the past performance of 10 Year T-Note Futures ticker symbol: $ZN_F 1-Hour Elliott wave Charts that we presented to our members. In which, the rally from November...

Elliott Wave View: $EURUSD Further Strength Expected

by elliottwave-forecast.com | January 2, 2020 5:51 pm
Short Term Elliott Wave view in $EURUSD suggests that the cycle from October 1, 2019 low remains incomplete and pair can see further upside. Near term, pullback to 1.1064 on December 21, 2019 low ended wave X....

EURJPY Forecasting The Rally From The Blue Box Area

by elliottwave-forecast.com | December 31, 2019 4:56 pm
In this blog, we’re going to take a quick look at the Elliott Wave charts of EURJPY pair.  EURJPY ended short term cycle in wave ((iii)) as 5 waves rally from 11.14.2019 low at 117.05 to 12.13.2019...

Elliott Wave View: Support Area in $DAX

by elliottwave-forecast.com | December 31, 2019 4:55 pm
Elliott Wave view in $DAX suggests that the cycle from December 27, 2018 low remains incomplete and ideally reaches 13652 – 14217 area. As a result, the Index can still see further upside and dips can continue...

USDX Selling The Rallies In The Blue Box

by elliottwave-forecast.com | December 30, 2019 7:52 pm
Hello fellow traders.  Another instrument that we have been trading lately is USDX. In this technical blog we’re going to take a quick look at the Elliott Wave charts of USDX, published in members area of the...

JNJ Bullish Outlook Suggests Further Upside for Next Year

by elliottwave-forecast.com | December 27, 2019 5:46 pm
Johnson & Johnson (NYSE: JNJ) released its third-quarter earnings and revenue in mid October 2019 which beat Wall Street’s expectations. Despite facing a sell-off during that week, the stock managed to establish a major low in October and...

$XAUUSD Elliott Wave View: Can Be Nesting Higher

by elliottwave-forecast.com | December 27, 2019 5:44 pm
Short-term Elliott Wave view in $XAUUSD suggests that the rally from November 12, 2019 low can be nesting higher as an impulse structure looking for more upside still. However, if it continues to see strength higher and...

Pound Sterling After the Tories’ Landslide Victory in UK Election

by elliottwave-forecast.com | December 26, 2019 5:56 pm
The UK election result pushed GBP higher after the Conservatives, led by Prime Minister Boris Johnson, won the majority in parliament with a landslide victory.  This is the Tories’ biggest victory since Margaret Thatcher days. Johnson can...