Industrial ETF XLI Set to Make New All-Time Highs

by elliottwave-forecast.com | February 28, 2019 9:50 pm
XLI Set to Make New Highs The Industrial Sector ETF, XLI, is set to make new all-time highs above the January 2018 high at 80.96. From 80.96 Elliott wave analysis suggests XLI corrected lower on the daily...

Elliott Wave View: Crude Oil on the Verge of a Breakout

by elliottwave-forecast.com | February 28, 2019 9:49 pm
The 4 time frame is favored turning up. The 1 hour right side is higher. While above the  2/15/19 lows expect the pair higher. Since bottoming at $42.36 on December 24, 2018, Crude Oil (CL_F) has rallied...

Union Pacific Railroad (NYSE:UNP) – Bullish Sequence Calling Higher

by elliottwave-forecast.com | February 27, 2019 8:43 pm
Union Pacific Railroad (NYSE:UNP) is a publicly-traded railroad holding company that was established in 1969 . Last year, revenues grew to $22.8 billion, while earnings was up in mid-single-digits to $10.8 billion. Revenue growth was led by...

Soybean Futures (ZS_F) Analysis : Found Buyers in Blue Box

by elliottwave-forecast.com | February 27, 2019 8:42 pm
Hello fellow traders. Today, I want to share some Elliott Wave charts of Soybean (ZS_F) which we presented to our members in the past. Below, you see the 1-hour updated chart presented to our clients on the 02/20/19....

OIL ($CL_F) Elliott Wave Forecasting The Rally

by elliottwave-forecast.com | February 27, 2019 8:42 pm
Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of OIL. As our members know we were calling for further strength in OIL lately. Pull back against...

Elliott Wave View: Downside Pressure in EURGBP

by elliottwave-forecast.com | February 26, 2019 9:36 pm
EURGBP shows a sequence of lower low from August 29, 2017 high, suggesting further downside is likely. The bounce to 0.9105 on January 3, 2019 high ended wave (2). From there, pair declines as a double three...

Progress in Brexit Negotiation Supports Poundsterling

by elliottwave-forecast.com | February 25, 2019 8:31 pm
British Pound Sterling is the best performing major currency last week. The Pound Sterling shows strength as the market senses progress towards a Brexit deal. This follows news pointing to progress in Brexit negotiations. Last week UK...

AUDCAD Elliott Wave View: Forecasting The Decline

by elliottwave-forecast.com | February 25, 2019 8:31 pm
In this technical blog, we are going to take a look at the past performance of AUDCAD Elliott Wave 1-Hour Charts that we presented to our members. In which, the bounce to 1/31/2019 peak (0.9581) ended wave...

USDPLN Elliott Wave Forecast: Identifying Blue Box Area

by elliottwave-forecast.com | February 24, 2019 9:06 pm
In this blog, we take a look at Elliott Wave structure of USDPLN forex pair since 1/31/2019 low and our main goal is to identify the blue box area within the pull back and what we could...

Elliott Wave View: DAX Bullish Sequence Favors More Upside

by elliottwave-forecast.com | February 21, 2019 9:26 pm
DAX has broken above February 6, 2019 high (11371.74) and shows a bullish sequence from December 28, 2018 low (10279.20). On the chart below, we put a bullish sequence stamp and right side higher to indicate the...