$UHRN : Swatch Group Provides an Entry Area for a Next Rally

by elliottwave-forecast.com | May 16, 2022 3:17 pm
Swatch Group is a Swiss manufacturer of watches and jewellery. Besides the product line Swatch, the group owns brands including Blancpain, Breguet, ETA, Glashütte, Omega, Longines, Tissot, Hamilton, Certina, Rado and Harry Winston. As a matter of...

Energy Stock Continues to Outperform – OXY Bullish Outlook

by elliottwave-forecast.com | May 16, 2022 3:00 pm
The Fed has been very clear that their current mission is to reduce U.S inflation rate which is currently running at 8.3%. This is way over thier 2% target inflation rate. Two factors contribute to the high...

Will Cryptos Crash Continue? COIN Could Have The Answer

by elliottwave-forecast.com | May 16, 2022 2:37 pm
Coinbase Global, Inc., branded Coinbase (COIN), is an American company that operates a cryptocurrency exchange platform. Coinbase is a distributed company; all employees operate via remote work and the company lacks a physical headquarters. It is the largest cryptocurrency exchange in the United...

EURUSD Forecasting The Decline & Selling The Blue Box

by elliottwave-forecast.com | May 16, 2022 2:20 pm
Hello fellow traders. Another instrument that we have been trading lately is $EURUSD. In this technical blog we’re going to take a quick look at the Elliott Wave charts of EURUSD and explain the trading strategy.  As...

NVDA Elliott Wave View: Selling The Extreme Blue Box Area

by elliottwave-forecast.com | May 13, 2022 2:15 pm
In this technical blog, we will look at the past performance of 1 hour Elliott Wave Charts of NVDA. In which, the decline from 29 March 2022 high unfolded as an impulse sequence and showed a lower low sequence...

NZDUSD Selling The Rallies At The Blue Box Area

by elliottwave-forecast.com | May 12, 2022 4:05 pm
In this technical blog we’re going to take a quick look at the Elliott Wave charts of NZDUSD forex pair. As our members know, the pair shows bearish sequences in the cycle from the February 2021 peak. The...

Chewy.com ($CHWY) Can the lows hold?

by elliottwave-forecast.com | May 12, 2022 3:51 pm
Chewy.com is an e-commerce company that specializes in pet food.  Along with many other stocks, prices started a new cycle higher in March 2020.  Chewy is now correcting that cycle and currently going fairly deep, and threatening...

$SLV Further Weakness Expected In The Larger Cycles

by elliottwave-forecast.com | May 10, 2022 2:07 pm
$SLV Further Weakness Expected In The Larger Cycles Firstly there is data back to when the ETF fund began in 2006 as seen on the weekly chart shown below. The fund made a low in 2008 at 8.45...

LTCUSD: Blue Box Shorts Reached The Target

by elliottwave-forecast.com | May 10, 2022 1:56 pm
LTCUSD has seen tremendous selling over the last few weeks. It recently hit 100% Fibonacci extension down from February 10, 2022 peak down to February 24, 2022 low projected lower from March 30, 2022 peak. In this...

NZDJPY: Bullish Sequence and Trading Strategy

by elliottwave-forecast.com | May 10, 2022 1:47 pm
In this blog, we will look at the strong rally in NZDJPY which took place this year, talk about the sequence, what it means for the pair and also what our trading strategy is going forward. We...