USDX Elliott Wave View: Extending Higher As Impulse

by elliottwave-forecast.com | April 24, 2018 2:47 pm
USDX Elliott Wave view in short-term cycle suggests that the decline to 89.22 ended Intermediate wave (B) as Elliott Wave Zigzag correction. Above from there, Intermediate wave (C) remains in progress as Elliott Wave Impulsive sequence with extension looking for...

Straits Times Index STI Supporting Stock Market Bulls

by elliottwave-forecast.com | April 23, 2018 2:25 pm
Straits Times Index (STI) is regarded as the benchmark index for the Singapore stock market. It tracks the performance of the top 30 companies listed on the Singapore Exchange. It is jointly calculated by Singapore Exchange (SGX),...

EURUSD Elliott Wave View: Still Trading Sideways

by elliottwave-forecast.com | April 20, 2018 2:51 pm
Short-term EURUSD Elliott Wave view suggests that the pair remains in a sideways triangle range between 1.2554 and 1.2153 levels as mentioned in the previous post here. Until we break out of the range, we look for the...

Stocks Short Term Elliott Wave Bounce is Purely Technical

by elliottwave-forecast.com | April 19, 2018 2:47 pm
Stocks and ETFs follow the same code in the market same as the rest of financial instruments like Forex. Every 5 waves impulsive structure is followed by a technical corrective sequences which come in 3-7-11. At the end of...

CL_F Elliott Wave View: Calling More Strength

by elliottwave-forecast.com | April 19, 2018 2:32 pm
CL_F Elliott Wave short-term view suggests that the decline to 61.80 on 4/06/2018 low ended Intermediate wave (2). Above from there, Intermediate wave (3) remains in progress as Zigzag Elliott Wave structure. Looking to extend higher towards 70.43-72.47...

SPX: The Index Within Areas Where The Hedging Is Calling a Pullback

by elliottwave-forecast.com | April 18, 2018 7:34 pm
The $SPX trend is to the upside but the Index ended the cycle from 2.2016 and like every other Index, it is correcting that cycle. In Elliott Wave Theory, corrections run in the sequences of 3-7-11 swings and...

USDCAD Elliott Wave View: Calling Intraday Bounce

by elliottwave-forecast.com | April 17, 2018 2:52 pm
USDCAD Elliott Wave short-term view suggests that the bounce to 1.2942 high ended Intermediate degree wave (2). Then the decline from there is unfolding in an impulse sequence with an internal sub-division of each leg lower is showing 5...

Geopolitical Tension Could Be Catalyst for Gold’s Rally

by elliottwave-forecast.com | April 16, 2018 2:54 pm
Rising Geopolitical Tension between U.S. and Russia The geopolitical tension between the United States and Russia escalated rapidly in the past two weeks. Two weeks ago, the U.S. Treasury Department announced fresh sanctions against Russian oligarchs and...

Elliott Wave Analysis: USDCAD Moving in Impulsive Structure

by elliottwave-forecast.com | April 12, 2018 7:07 am
USDCAD Short Term Elliott Wave view suggests that the decline from 3/19 high (1.313) is unfolding as a 5 waves impulse Elliott Wave structure. Down from 1.313, Minor wave 1 ended at 1.2819, Minor wave 2 ended at...

EURNZD Forecasting The Decline after Elliott Wave Flat

by elliottwave-forecast.com | April 11, 2018 8:35 am
Hello Fellow Traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of EURNZD published in members area of the website. We’re going to explain the forecast and Elliott Wave...