Intraday Elliott Wave View Favors More Downside in USDJPY

by elliottwave-forecast.com | October 1, 2024 8:35 pm
Short Term Elliott Wave View in USDJPY suggests decline to 139.57 ended wave (W). Pair then corrected in wave (X) with internal subdivision as a double three Elliott Wave structure. Up from wave (W), wave ((w)) ended...

Mastercard (MA) Should Pullback Soon To Provide Next Opportunity

by elliottwave-forecast.com | October 1, 2024 8:26 pm
Mastercard Incorporated (MA), provides transaction processing & other payment-related products & services in the United states & internationally. The company offers payment related products to integrated products & value-added services for account holders, merchants, financial institutions, digital...

Gold-to-Silver Ratio (AUG) Still Waiting for the Next Direction

by elliottwave-forecast.com | October 1, 2024 8:14 pm
Gold-to-Silver Ratio has always been a useful tool to forecast the direction the underlying metals (i.e. Gold and Silver). We can calculate the ratio simply as Gold price divided by Silver price. The average gold-silver ratio was...

Gold: The Calm Before a Record Run

by ForexCycle.com | October 1, 2024 3:54 am
By Elliott Wave International The basis for analysis and forecasting at Elliott Wave International is fundamentally different from everyone else’s. Here’s a prime example in gold. This excerpt is from the March Elliott Wave Financial Forecast, when gold...

GBPUSD Breaks Channel: What’s Next for the Pair?

by ForexCycle.com | October 1, 2024 1:33 am
The GBPUSD pair has recently made a significant move, breaking below the bottom of the rising price channel on the 4-hour chart. This development suggests that the uptrend from 1.3001 might need a more extended period of...

JPMorgan (JPM) Is Not Showing Weakness Near Term

by elliottwave-forecast.com | October 1, 2024 12:16 am
JPMorgan Chase & Co. (JPM) is an American multinational investment bank and financial services holding company headquartered in New York City and incorporated in Delaware. As of December 31, 2021, JPMorgan Chase is the largest bank in...

GBPCAD Elliott Wave Buying the Dips at the Blue Box

by elliottwave-forecast.com | September 30, 2024 11:41 pm
In this technical article we’re going to take a quick look at the Elliott Wave charts of GBPCAD Forex Pair , published in members area of the website. As our members know, GBPCAD has recently given us...

Gold: 5 principles to help you stay ahead of price turns

by ForexCycle.com | September 30, 2024 1:51 am
Gold might be losing out to stocks when it comes to headlines. But, the precious metal also just hit all-time highs and did it in style – rocketing 35% in seven months. Elliott Wave International’s analysts helped their...

GBPUSD Rides the Uptrend: Will the Momentum Continue?

by ForexCycle.com | September 30, 2024 1:01 am
The GBPUSD pair continues to show strength, maintaining its position within a rising price channel on the 4-hour chart. This pattern suggests that the uptrend from 1.3001 remains firmly intact, providing a bullish outlook for traders. As...