Elliott Wave Analysis: Netflix Reacted Lower from Blue Box

by elliottwave-forecast.com | December 20, 2018 5:35 pm
Hello fellow traders, In this blog, we will have a look at some short-term Elliott Wave charts of Netflix which we presented to our members in the past. You see the 1-hour updated chart presented to our clients on the...

RUSSELL Incomplete Bearish Sequences Calling The Decline

by elliottwave-forecast.com | December 20, 2018 5:34 pm
Hello fellow traders. In this technical blog we’re going to take a quick look at the charts of RUSSELL published in members area of the website. As our members know, RUSSELL has incomplete sequences in the cycle...

Elliott Wave View: NASDAQ Futures Calling For Further Decline

by elliottwave-forecast.com | December 20, 2018 5:23 pm
NASDAQ ticker symbol: $NQ_F short-term Elliott wave view suggests that a bounce to $6897 high ended Primary wave ((X)). Down from there, the decline is unfolding as a zigzag structure within primary wave ((Y)) where an initial...

Market Minute – December, 19, 2018

by ForexCycle.com | December 20, 2018 3:04 am
By Elliott Wave International Good afternoon and welcome to our first installment of the Elliott Wave Market Minute. The big story of the day is in U.S. Stocks. The Dow Jones Industrial Average topped out at 24,057...

USDCAD Daily Analysis – December 20, 2018

by ForexCycle.com | December 20, 2018 2:59 am
USDCAD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.3253. As long as the trend line support holds, the upside movement could be expected to continue and next target...

USDJPY Daily Analysis – December 20, 2018

by ForexCycle.com | December 20, 2018 2:57 am
USDJPY broke above 112.63 resistance, suggesting that the short term downtrend from 113.70 had completed at 112.08 already. Another rise towards 113.50 would likely be seen in the coming days. Support is at 112.08, only a break...

AUDUSD Daily Analysis – December 20, 2018

by ForexCycle.com | December 20, 2018 2:56 am
After consolidation, AUDUSD extended its downside movement from 0.7393 to as low as 0.7087. Further decline is still possible in a couple of days next target would be at 0.7050 area. Near term resistance is at 0.7140,...

GBPUSD Daily Analysis – December 20, 2018

by ForexCycle.com | December 20, 2018 2:55 am
GBPUSD failed to break above the falling trend line on the 4-hour chart, suggesting that the pair remains in the downtrend from 1.3174. As long as the trend line resistance holds, the bounce from 1.2475 could be...

EURUSD Daily Analysis – December 20, 2018

by ForexCycle.com | December 20, 2018 2:54 am
EURUSD failed to break above 1.1442 resistance and pulled back into a trading range between 1.1267 and 1.1442. Another fall towards 1.1267 support would likely be seen in the coming days, below this level would aim 1.1200....

STRTECH (Sterlite Technologies): Elliott Wave FLAT Structure

by elliottwave-forecast.com | December 19, 2018 6:10 pm
STRTECH (Sterlite Technologies): Elliott Wave FLAT Structure Sterlite Technologies Ltd. Sterlite Technologies Limited designs, builds and manages “smarter networks” Sterlite Tech develops & delivers optical communication products, network & system integration services and software solutions for telecoms globally. The company is listed...