XLK Perfectly Reacting Lower From The Blue Box Area

by elliottwave-forecast.com | December 8, 2022 5:38 pm
In this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of XLK. The decline from the 16 August 2022 high unfolded as an impulse sequence and showed a lower low sequence within...

Uranium ETF (URA) Still Has Not Confirmed Bottom

by elliottwave-forecast.com | December 6, 2022 6:13 pm
The long term fundamental background in the next few years for Uranium remains very good. With the world in energy crisis and in need of a green energy, Uranium offers an alternative source. One way to capitalize...

The best trading strategy for Indian Rupees (USDINR) is still buying dips

by elliottwave-forecast.com | December 5, 2022 8:16 pm
The Indian rupee (symbol: ₹; USDINR) is the official currency of India. The rupee is subdivided into 100 paise (singular: paisa), though as of 2022, coins of denomination of 1 rupee are the lowest value in use whereas 2000 rupees is the highest. The issuance of the...

MT : Should It Be Ready For Next Rally ?

by elliottwave-forecast.com | December 5, 2022 8:08 pm
ArcelorMittal S.A., (MT) together with its subsidiaries, operates as integrated steel & mining companies in Europe, North & South America, Asia & Africa. Its principal steel products include semi-finished flat products, including slabs, finished flat products comprising...

USDCAD Elliott Wave Forecasting The Path & Buying The Dips

by elliottwave-forecast.com | December 5, 2022 7:57 pm
In this article we’re going to take a quick look at the Elliott Wave charts of USDCAD, published in members area of the website. We have been favoring the long side in the pair.  As our members...

VanEck Gold Miners ETF ($GDX) Perfect Reaction from Blue Box Area.

by elliottwave-forecast.com | December 5, 2022 7:29 pm
Good day Traders and Investors. In today’s article, we will look at the past performance of the Weekly Elliottwave chart of Gold Miners ETF ($GDX). The decline from 08.03.2020 high marked the end of the cycle from...

$NEL : Is Hydrogen Stock Nel ASA Bullish amid Energy Crisis?

by elliottwave-forecast.com | December 5, 2022 7:12 pm
Nel ASA is a Norwegian heavy electrical equipment company. It provides solutions for production, storage and distribution of hydrogen from renewable energy sources. Founded in 1927 and headquartered in Oslo, Norway, it can be traded under the ticker...

AIZ : Should Expect Short Term Weakness

by elliottwave-forecast.com | November 29, 2022 11:38 pm
Assurant Inc., (AIZ) together with its subsidiaries, provides lifestyle & housing solutions that support, protect & connect consumer purchases in North America, Latin America, Europe & Asia Pacific. The company operates through two segments: Global lifestyle &...

CVX (Chevron): The Symbol Might be Ending a Cycle.

by elliottwave-forecast.com | November 29, 2022 11:15 pm
The Elliott Wave Theory’s main pattern is that the market advances in five waves and corrects in three waves. The five waves advance is easy to identify. Most of the time the rally is well-defined and the...

$ADS: German Adidas Stepped Down in 11 Swings into Big Buy

by elliottwave-forecast.com | November 28, 2022 6:39 pm
Adidas is a German multinational corporation designing and manufacturing shoes, clothing and accessories. Created in 1934 by Adolf Dassler and headquartered in Herzogenaurach, Germany, the company is the largest sportswear manufacturer in Europe. Adidas is a part...