USDJPY Support Around The Corner?

by elliottwave-forecast.com | June 22, 2018 10:40 am
USDJPY short-term Elliott wave view suggests that the rally to 110.91 high ended Minor wave 1 & also the cycle from 5/29 low. The internals of that rally higher unfolded as Elliott wave leading diagonalwhere Minute wave ((i)) ended at...

VOX Elliott Wave View: Extending Higher As Impulse

by elliottwave-forecast.com | June 21, 2018 2:42 pm
Vanguard communication services ticker symbol: VOX short-term Elliott Wave view suggests that the rally to 84.50 on 5/11 peak ended intermediate wave (1) as an impulse. Down from there, the pullback to 81.78 on 5/29 low ended intermediate wave (2)...

Palladium (PA_F) Buying Opportunity Ahead?

by elliottwave-forecast.com | June 21, 2018 2:28 pm
Palladium ended a cycle from January 2016 low (452.63) and the pull back should be a Palladium Buying Opportunity. Rally from January 2016 low can be counted as an Elliott Wave Impulse when rally to 776 completed wave ((1)),...

GBPUSD Showing Incomplete Sequence

by elliottwave-forecast.com | June 21, 2018 9:45 am
GBPUSD short-term Elliott Wave view suggests that the recovery to 1.3473 on 6/07/2018 peak ended primary wave ((B)) bounce as double three structure. Below from there, the pair has managed to break below the previous low on 5/29 (1.3203) to...

NZDUSD Elliott Wave Analysis: Ready For Recovery?

by elliottwave-forecast.com | June 20, 2018 2:37 pm
NZDUSD short-term Elliott Wave view suggests that the bounce to 0.7060 high ended intermediate wave (4). Down from there, the decline is unfolding as Impulse Elliott Wave structure where sub-division of Minute wave ((i)), ((iii)) & ((v)) are unfolding in...

FTSE Elliott Wave View: Calling For Another Leg Lower

by elliottwave-forecast.com | June 19, 2018 2:47 pm
FTSE short-term Elliott Wave view suggests that the bounce to 7904.97 high on 5/22/2018 peak ended primary wave ((1)). Below from there, the index is doing a pullback in Primary wave ((2)) in 3, 7 or 11 swings to correct...

Oil Price on Holding Pattern Ahead of OPEC meeting

by elliottwave-forecast.com | June 18, 2018 2:48 pm
The Organization of the Petroleum Exporting Countries (OPEC) will meet in Vienna next week to discuss potential reduction or revision to the 1.8 million barrels/day production cut put in place in early 2017. After yearlong rise in...

Netflix Elliott Wave View: More Strength is Expected

by elliottwave-forecast.com | June 15, 2018 2:26 pm
Netflix ticker symbol: $NFLX short-term Elliott wave view suggests that the rally to $369.83 high on 6/05/2018 ended Minor wave 1. The internals of that rally unfolded as Elliott wave impulse structure with lesser degree 5 waves structure in Minute...

Nike Ending Elliott Wave 5 Waves Soon?

by elliottwave-forecast.com | June 13, 2018 2:40 pm
Nike ticker Symbol: $NKE short-term Elliott wave view suggests that the rally to 73.47 high ended intermediate wave (3) as impulse. Down from there, the stock made a pullback in intermediate wave (4) pullback as Zigzag correction when internal Minor wave A...

Intraday Elliott Wave Analysis: SPX Due for Pullback Soon

by elliottwave-forecast.com | June 13, 2018 2:26 pm
SPX short-term Elliott wave view suggests that the rally to 2742.24 high ended Minor wave 3 as Elliott wave impulse. Below from there the pullback to 2676.81 on 5/29/2018 low ended Minor wave 4 as Zigzag structure. Up from there,...