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...

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...