Yen and Indices’ Relationship
What is a safe haven? One of the first principles we learn in FX are market sentiments. The first thing we learn in market sentiments is about how the yen is known for being a safe-haven currency....
Author: elliottwave-forecast.com
Russian Stock Market Index RTSI in Front of a Huge Rally?
RTSI is a Russian stock market index representing 50 most important companies on the Moscow Stock Exchange. From the introduction in 1995 until May 2008, RTS index has performed very well. Then, the index remains sideways while...
Datadog ($DDOG) Calling the dip and bounce
The last time I took a look at Datadog was a few months ago. At the time, my favoured view was looking for a pullback to correct the low from May 2021. You can view this article...
BITO (Proshares Bitcoin Strategy ETF) Gives Opportunity To Invest Into Bitcoin
Cryptocurrencies have become very popular worldwide. Many young investors want to chase every move the instrument does daily. The reality is that many traders tend to trade without looking at the higher time frames. Traders also don’t...
$MRNA: Moderna Provides an Opportunity for Next Rally
Moderna, Inc. is an US American pharmaceutical and biotechnology company. Founded in 2010 and headquartered in Cambridge, Massachusetts, USA, it is a part of NASDAQ100 and S&P500 indices. Investors can trade it under the ticker $MRNA at...
Starbucks (SBUX) Is Looking For Support And Buyers Will Appear
Starbucks Corporation (SBUX) is an American multinational chain of coffeehouses and roastery reserves. It is the world’s largest coffeehouse chain. As of November 2021, the company had 33,833 stores in 80 countries, 15,444 of which were located in the United States. Out of...
Threat of War and High Inflation Support Gold
After 1 year of muted and sideways movement, Gold looks to show some strength recently. Gold futures settled at $1900 an ounce for the first time since June last year. A threat of potential war between Russia...
SIG : Expect To Pulling Back in II
Signet Jewelers Limited (SIG) engages in the retail sale of diamond jewelry, watches & other products. It is based in Hamilton, Bermuda, comes under Consumer Cyclical sector & trades as “SIG” ticker at NYSE. SIG made intermediate...
Bitcoin ( BTCUSD ) Elliott Wave: Forecasting The Path & Selling The Rallies
Hello fellow traders. Another instrument that has given us trading setup lately is BTCUSD. In this technical blog we’re going to take a quick look at the Elliott Wave charts of Bitcoin. As our members know the...
BWA : Expect Pulling Back in II Before Next Rally Resumes
BorgWarner Inc (BWA) provides solutions for combustion, hybrid & electric vehicles worldwide. The company operates through four segments, Air management, E-propulsion & drivetrain, Fuel injection & Aftermarket. It is based in Auburn Hills, Michigan. It comes under...