Bleak Canada’s GDP Pummeled Loonie

by elliottwave-forecast.com | March 4, 2019 9:01 pm
Canada’s Dollar slumped last Friday due to worse-than-expected gross domestic product data. Canada’s economy practically grinds to a halt at the end of 2018. Real GDP grew by just 0.1 percent in the fourth quarter of 2018....

NASDAQ Found Buyers In Blue Box And Rallied

by elliottwave-forecast.com | March 4, 2019 9:01 pm
Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of NASDAQ. As our members know recently we got pull back that was unfolding as Elliott Wave Double...

Zendesk (NYSE: ZEN) – Elliott Wave Bulls remain in Control

by elliottwave-forecast.com | March 4, 2019 9:01 pm
Zendesk (NYSE: ZEN) – Elliott Wave Bulls remain in ControlZendesk (NYSE: ZEN) is a customer service software company based in United States. Its cloud-based help desk solution is used by more than 200000 organizations worldwide. the company’s earnings over the...

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...