US Dollar Resumes Rally After Completing Pullback

by elliottwave-forecast.com | March 10, 2019 9:55 pm
In this blog, we take a look at US Dollar Index correlation with USDPLN and we also look at the updated Elliott wave charts of USDPLN which have been working very nicely since we highlighted the bullish...

Elliott Wave View: Further Strength in EURAUD

by elliottwave-forecast.com | March 6, 2019 8:49 pm
Elliott Wave View: Further Strength in EURAUD Short Term Elliott Wave view in EURAUD suggests the rally from February 21, 2019 low (1.5736) is unfolding as a 5 waves diagonal. Up from 1.5736, wave 1 ended at...

EURJPY : Trading Elliott Waves with Market Patterns

by elliottwave-forecast.com | March 5, 2019 8:51 pm
EURJPY SELL/SHORT Trade : Elliott Wave count for EURJPY shows wave ((a)) completed starting from the March 1/2019 highs and has since corrected higher to terminate possibly the wave ((b)) at the March 5/2019 high. Using Market...

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...