Continuous Commodity Index (GCC) Sending Warnings to CHK And Oil

by elliottwave-forecast.com | June 12, 2019 8:07 pm
The Wisdomtree Continuous Commodity Index (GCC) has reached our long-term investor buying area (Blue Box). The Index is ending an ABC pullback from its July 2008 peak. The minimum target to the downside was $17.35 and at...

The BEL20 Index is Correcting the Cycle up from the 2009 Lows

by elliottwave-forecast.com | June 12, 2019 8:06 pm
The BEL20 Index is correcting the cycle up from the 2009 lows. Firstly the BEL20 Index has trended higher with other world indices since the benchmark was established. The index remained in a long term bullish trend cycle...

Microsoft: More Upside within the Super Cycle Degree

by elliottwave-forecast.com | June 9, 2019 9:57 pm
Microsoft: More Upside within the Super Cycle Degree Microsoft (MSFT) has been in a tremendous rally since the lows at 2009. Without a question, the stock is developing into a nice 5 waves advance. The Elliott Wave...

USDTRY Mid-Term Elliott Wave View

by elliottwave-forecast.com | June 9, 2019 9:57 pm
In this blog, we revisit Turkish Lira Elliott wave analysis presented back in August 2018 and present the latest USDTRY Elliott Wave Analysis. We were looking for a bounce to fail below August 2018 peak for another...

Indices Drop To End The Week Due To New Tariffs on Mexico or Technical?

by elliottwave-forecast.com | June 4, 2019 7:50 pm
President Donald Trump threatened on Thursday to impose new tariffs on Mexico if the country does not step up its immigration enforcement actions, combining his boiling border-related frustrations with his preferred method of punishing foreign countries. Trump...

Reserve Bank Australia Will Consider Rate Cut

by elliottwave-forecast.com | May 27, 2019 8:31 pm
In a speech to the Economic Society of Australia today, Reserve Bank of Australia (RBA) governor Phillip Lowe gave the strongest indication that the bank will cut cash rate in the next meeting. Dr. Lowe said that...

2020: The next U.S. Election Can Create A Big Market Pullback

by elliottwave-forecast.com | May 27, 2019 8:31 pm
U.S. Election 2020: Many Traders always believe the Market moves are driven by fundamental outcomes. We at Elliott Wave Forecast believe that the Market follows a code which is visible and repeats itself in every single time...

EURJPY : Trend Continuation Market Pattern Forming?

by elliottwave-forecast.com | May 27, 2019 8:31 pm
EURJPY Technical Analysis May 17/2019 EURJPY can be possibly forming a bearish Gartley pattern. A Gartley pattern is a continuation of trend market pattern. This market pattern must form within a trending cycle and should never be...

ICIC Bank Elliott Wave View Calls For Correction but Still Bullish

by elliottwave-forecast.com | May 21, 2019 5:10 pm
ICICI Bank Limited is an Indian multinational banking and financial services company headquartered in Mumbai, Maharashtra with its registered office in Vadodara, Gujarat. As of 2018, ICICI Bank is the second largest bank in India in terms...