Ruble Falls Following US Sanctions Against Russia

by elliottwave-forecast.com | April 11, 2018 8:06 am
New U.S. Sanctions Hurt Russia’s Ruble and Benchmark Index Last Friday, as part of the U.S. effort to punish Moscow for “malign activity around the globe”, the U.S Treasury Department targeted numerous Russian oligarchs, officials, and companies...

Elliott Wave Analysis: Gold in Sideways Range

by elliottwave-forecast.com | April 11, 2018 7:59 am
Gold short term Elliott Wave view suggests that the yellow metal is in a sideways move, typical characteristic of a triangle Elliott Wave structure. A triangle is a sideways range structure with ABCDE label. In the case...

Nifty 50 Index Bullish Sequence to the All Time Highs

by elliottwave-forecast.com | April 11, 2018 7:33 am
The Nifty 50 Index has a bullish sequence from the lows to the all time highs. The index currently shows nine swings up from the all time lows into the 2018 highs. It is now correcting the cycle...

Market Nature and The Elliott wave Theory

by elliottwave-forecast.com | April 10, 2018 2:45 pm
The human nature by definition is the general psychological characteristics, feelings, and behavioral traits of humankind. As such, everyone shares this nature. Similarly, the market also has a market nature and since it is created by humans,...

Elliott Wave Analysis: Further Strength in USDJPY

by elliottwave-forecast.com | April 6, 2018 2:46 pm
USDJPY short term Elliott Wave view suggests that the decline to 104.54 low on March 26 ended Intermediate wave (3). Wave (4) correction is in progress as a double three Elliott Wave Structure. A double three is a 7 swing...

Elliott Wave View: Copper Starts a New Leg Higher

by elliottwave-forecast.com | April 4, 2018 3:07 pm
Short Term Elliott Wave view in Copper suggests that the decline to 2.938 on 3.26.2018 ended Minor wave IV. The metal started a new leg higher from there in Minor wave V. Subdivision of Minor wave V...

SPX Elliott Wave View: Further Weaknesses Likely

by elliottwave-forecast.com | April 3, 2018 2:59 pm
SPX Elliott Wave view suggests rally to 2801.90 on 3/13/2018 ended Primary wave ((X)). Decline from there is unfolding as a double three Elliott Wave structure where Intermediate wave (W) ended at 2585.89 and Intermediate wave (X) ended at 2674.22....

GBPUSD Elliott Wave View: Calling The Bounce Higher

by elliottwave-forecast.com | March 30, 2018 2:51 pm
GBPUSD Elliott Wave short-term sequence from 3/01 low (1.3709) ended as a Leading Diagonal structure in Minor wave 1 at 1.4248 high in 5 waves. Down from there, the pair is correcting that cycle in Minor wave 2 pullback in 3,...

Did Data scandal Sink Facebook, The Social Networking Website?

by elliottwave-forecast.com | March 30, 2018 2:33 pm
Facebook has been on the news lately when the world discovered that more than 50 million users had their personal data breached with the downloading of Kogan’s Application, a data harvesting route, which due to the lax...