Chevron ($CVX) Nesting For Higher Extension

by elliottwave-forecast.com | February 8, 2022 3:21 pm
The last time I Chevron was back in November 2021 (you can view this article here).  The energy Industry has been impulsive and bullish since the low struck at the March 2020 low.  In my previous view...

The Newmont Corporation Longer Term Bullish Cycles $NEM

by elliottwave-forecast.com | February 8, 2022 3:20 pm
The Newmont Corporation Longer Term Bullish Cycles $NEM Firstly from the beginning of price data from back in the 1970’s not shown on the chart, the price trend was obviously up. It ended that bullish cycle in...

GBPAUD Bullish Sequence Favors More Upside

by elliottwave-forecast.com | February 8, 2022 3:20 pm
GBPAUD has found bid due to the divergence in the monetary policy between RBA and BOE. Bank of England (BOE) this year has hiked interest rate twice to fight against inflation. However, BOE indicates that it may...

How We Saw Caterpillar Inc. and What To Expect In Coming Months

by elliottwave-forecast.com | February 7, 2022 3:15 pm
Caterpillar Inc. (often shortened to CAT) is an American Fortune 100 corporation that designs, develops, engineers, manufactures, markets, and sells machinery, engines, financial products, and insurance to customers via a worldwide dealer network. It is the world’s largest construction-equipment manufacturer. Caterpillar stock is a component of the Dow Jones...

NZDJPY Selling The Rallies After Elliott Wave Double Three Pattern

by elliottwave-forecast.com | February 7, 2022 3:14 pm
Hello fellow traders. Another instrument that has given us nice trading opportunity recently is NZDJPY . In this technical article we’re going to take a look at the past charts of NZDJPY presented in members area of...

Workhorse Group ($WKHS) How Low Can It Go?

by elliottwave-forecast.com | February 3, 2022 9:39 pm
The last time I looked at Workhorse was in August 2020, I was still expecting some further upside to take place.  And after that, I was looking for a pullback correcting the whole cycle from the all...

Bovespa Index Long Term Cycles and Bullish Trend

by elliottwave-forecast.com | February 2, 2022 4:51 pm
Bovespa Index Long Term Cycles and Bullish Trend The Bovespa Index has been trending higher with other world indices. Since inception the cycles have shown a bullish trend. In early years not seen on this chart it rallied...

$CON : Automotive Giant Continental Provides a Buying Opportunity

by elliottwave-forecast.com | February 1, 2022 6:23 pm
Continental is a German multinational automotive parts manufacturing company. It is specializing in brake systems, interior electronics, tachographs, automotive safety, powertrain and chassis components, tires and other parts for the automotive and transportation industries.  Founded in 1871...

Ford Needs To Ride Further Downside Before Continuing The Rally

by elliottwave-forecast.com | January 31, 2022 7:04 pm
Ford Motor Company (commonly known as Ford) is an American multinational automobile manufacturer headquartered in Dearborn, Michigan, United States. It was founded by Henry Ford and incorporated on June 16, 1903. The company sells automobiles and commercial vehicles under the Ford brand, and luxury cars under its Lincoln luxury...

USDCAD Forecasting The Path & Buying The Dips At The Blue Box Area

by elliottwave-forecast.com | January 31, 2022 7:03 pm
USDCAD is another instrument that has given us trading opportunity lately . Break of  August 20th  high made bullish sequence from the June 1st  low.  The price structure is suggesting further rally within that cycle. We recommended...