EURGBP : Will the Pair Bounce Higher?

by elliottwave-forecast.com | March 31, 2020 4:06 pm
EURGBP Technical Analysis March 30/2020 EURGBP : There are clear visible bullish market patterns on the 1 hour chart but traders will still need to wait for more confirmation that a bottom will form and for price...

$FXA Bearish Cycles From The July 2011 High 

by elliottwave-forecast.com | March 30, 2020 4:22 pm
$FXA Bearish Cycles From The July 2011 High First the FXA ETF fund is the Australian dollar tracking fund that has an inception Date of 06/21/2006.  With that said the fund mainly reflects the currency spot price of...

CADJPY May See More Downside After BOC Cut Rates

by elliottwave-forecast.com | March 30, 2020 4:21 pm
On Friday, Bank of Canada (BOC) made another rate cut for the third time this month. The central bank lowered the interest rate by 50 basis points to 0.25%. This unscheduled rate cut is intended to provide...

NIKE ( $NKE ) Forecasting The Decline & Selling The Rallies

by elliottwave-forecast.com | March 30, 2020 4:20 pm
Hello fellow traders.  Another instrument that we have been trading lately is NIKE stock. In this technical blog we’re going to take a quick look at the Elliott Wave charts of NIKE, published in members area of...

$CA : Carrefour stock struggling with lack of space

by elliottwave-forecast.com | March 30, 2020 4:19 pm
The weekly technical structure of the Carrefour stock price is a good example of a market correction struggling with the lack of space.  Hereby, we observe a situation where the price extends lower in a Elliott Wave...

EURGBP Elliott Wave: Pair May Find Buyers Soon

by elliottwave-forecast.com | March 30, 2020 4:18 pm
Bank of England (BOE) decided to leave interest rate unchanged at a record low of 0.1% last week. This allows EURGBP to correct from seven month highs. After reaching the high at 0.95, EURGBP pulled back to...

Elliott Wave View: Apple in Zigzag Correction

by elliottwave-forecast.com | March 26, 2020 4:39 pm
Short Term Elliott Wave view in Apple (AAPL) suggests that cycle from February 13, 2020 high has ended at 212.6 low as wave w. Internal of wave a unfolded as a double three Elliott Wave structure Down from...

Everbridge (NASDAQ: EVBG) Bullish Sequence Driving Cycle Higher

by elliottwave-forecast.com | March 26, 2020 4:37 pm
Everbridge (NASDAQ: EVBG) is a company that sells communications services for notifications of emergencies. It helps businesses and governments respond to crises and threats like network outages, terrorism, active shooters, and severe weather. During the current pandemic,  Everbridge’s service demand...

Elliott Wave Hedging Called For Reaction Lower In Nikkei

by elliottwave-forecast.com | March 25, 2020 5:09 pm
In this technical blog, we are going to take a look at the past chart’s performance of Nikkei an index from Japan. But before looking into the Charts, we need to understand the market nature first. The market always...

Elliott Wave View: S&P 500 (SPX) Recovery in Progress

by elliottwave-forecast.com | March 25, 2020 5:08 pm
Short Term Elliott Wave view in S&P 500 (SPX) suggests that cycle from February 20, 2020 high has ended at 2199.5 low as wave a. Internal of wave a unfolded as a 5 waves impulse Elliott Wave...