Gold Miners (GDX) Ready for Breakout

by elliottwave-forecast.com | April 11, 2019 7:55 pm
Gold miners as a group is unpopular since it topped in 2011 together with Gold. One well-known Index which represents major Gold Miners is the GDX. The Index topped in 2011 at $67 and declined a massive...

Silver Elliott Wave View: Bearish Sequence and Invalidation

by elliottwave-forecast.com | April 11, 2019 7:55 pm
Silver has been bouncing since making a marginal new low on April 4, 2019. We publish a free Chart Of The Day from visitors of our websites every day from Monday – Friday. We showed Silver 1...

Elliott Wave View Favors More Upside in Facebook

by elliottwave-forecast.com | April 11, 2019 7:54 pm
Elliott Wave view on Facebook (ticker FB) suggests that the rally from March 19, 2019 low is unfolding as an impulse Elliott Wave structure. In the 1 hour chart below, we can see wave (2) of this impulse...

Sony Corporation (NYSE: SNE) Impulsive Structure Since 2012

by elliottwave-forecast.com | April 10, 2019 7:30 pm
Sony Corporation (NYSE: SNE) is a Japanese multinational conglomerate corporation. The Company has a diversified business primarily focused on the Electronics, Games, Entertainment and Financial Services. In this article, we’ll be looking at the technical Elliott Wave structure of...

Elliott Wave Analysis: USDSEK Rallying From Blue Box Area

by elliottwave-forecast.com | April 10, 2019 7:29 pm
Welcome traders, today we will look at a couple of USDSEK pair charts.The following analysis will show how profitable and efficient it can be to trade with our philosophy and basic Elliott Wave analysis. First of all, we start...

GBPJPY : Will Pair Continue Lower?

by elliottwave-forecast.com | April 10, 2019 7:29 pm
GBPJPY Technical Analysis April 10/2019 GBPJPY : Bearish market patterns can be seen on the GBPJPY 4 hour chart. In the chart below a blue bearish Head and Shoulders pattern is visible and price has already broken...

Elliott Wave View: Nikkei Still Missing Wave 5

by elliottwave-forecast.com | April 10, 2019 7:29 pm
Short Term Elliott Wave view on Nikkei Futures suggests the pullback to 20704 ended wave (2). The Index then resumed higher in wave (3) which ended at 21985. The internal of wave (3) subdivided as an impulse Elliott...

Elliott Wave View: Further Strength in FTSE

by elliottwave-forecast.com | April 9, 2019 7:49 pm
Elliott Wave view on FTSE calls the rally from February 28, 2019 low (7041) as an impulse Elliott Wave structure. An impulse is a 5 waves structure with wave 1, 3, and 5 all subdivide in 5 waves...

Elliott Wave Analysis: Selling Coffee Rally in Blue Box

by elliottwave-forecast.com | April 8, 2019 5:31 pm
Welcome traders, today we look at a couple of 30-min Coffee futures (KC_F) charts and its price action within hours. The following analysis will show how profitable and efficient it can be to trade with our philosophy and...

GBPCAD Found Buyers In Blue Box And Rallied

by elliottwave-forecast.com | April 8, 2019 5:31 pm
Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of GBPCAD. As our members know GBPCAD is showing incomplete bullish sequences in the cycle from the August...