EURJPY Elliott wave View: Correction in progress

by elliottwave-forecast.com | April 5, 2017 9:13 am
Short term Elliott Wave view in EURJPY suggests that cycle from 3/12 peak (122.89) is unfolding as a double three Elliott wave structure where Minor wave W ended at 119.28 and Minor wave X ended at 120.45. Minor wave...

Crude Oil (CL_F) Elliott Wave View: 5 Wave Impulse

by elliottwave-forecast.com | April 4, 2017 3:54 pm
Crude Oil (CL_F) started rallying from 03/22 low in a bullish structure which still needs another leg higher to become 5 impulsive waves. The instrument ended the minute wave (( iv )) at the 23.6% Fibonacci retracement area 49.96 from...

EURJPY Elliott wave View: More downside

by elliottwave-forecast.com | April 4, 2017 10:01 am
Short term Elliott Wave view in EURJPY suggests that cycle from 3/12 peak (122.89) is unfolding as a double three Elliott wave structure where Minor wave W ended at 119.28 and Minor wave X ended at 120.45. Minor wave...

US Dollar Index: Elliott Wave Forecasting the Decline

by elliottwave-forecast.com | March 31, 2017 9:02 am
One of the most popular consensus in 2017 among the analysts is a stronger U.S. Dollar due to the Fed in rate hiking cycle and also Donald Trump promising infrastructure spending, tax reform, which are all supposedly...

USDJPY Elliott wave View: Extended bounce

by elliottwave-forecast.com | March 31, 2017 8:50 am
Short term Elliott Wave view in USDJPY suggests that cycle from 3/10 peak (115.53) has ended with Minor wave A at 110.077. Decline from 115.53 is unfolding as a 5 waves impulse Elliott wave structure with an extension where...

NZDUSD Technical Analysis 29 March 2017

by elliottwave-forecast.com | March 30, 2017 3:20 pm
1 Hour Elliott Wave Analysis: NZDUSD is currently in a Elliott Wave double ((w))-((x))-((y)) correction lower on the 1 hour timeframe and we expect red wave X to terminate in the 0.6967 – 0.6943 area where the...

DAX Elliott Wave View: Short term near top

by elliottwave-forecast.com | March 30, 2017 1:38 pm
The move higher in DAX from 3/22 low is proposed to be unfolding as a zigzag Elliott Wave structure where the first leg Minutte wave ((a)) is subdivided in a 5 waves impulse Elliottwave structure and the...

USDJPY Elliott wave View: Flat correction

by elliottwave-forecast.com | March 30, 2017 8:46 am
Short term Elliott Wave view in USDJPY suggests that cycle from 3/10 peak (115.53) has ended with Minor wave A at 110.589. Decline from 115.53 is unfolding as a 5 waves impulse Elliott wave structure with an extension where...

USDJPY Elliott wave View: Ending a cycle

by elliottwave-forecast.com | March 29, 2017 8:49 am
Short term Elliott Wave view in USDJPY suggests that cycle from 3/10 peak (115.53) has ended with Minor wave A at 110.07. Decline from 115.53 is unfolding as a 5 waves impulse Elliott wave structure with an...

USD may stay soft in near term

by elliottwave-forecast.com | March 29, 2017 8:34 am
Although the Fed is in the rate hike cycle, USD rally started to lose momentum early this year when market started to realize that monetary policy divergence started to narrow. ECB has started to talk about rate hikes,...