Market Participants Betting on Nafta Deal between US and Canada

by elliottwave-forecast.com | August 31, 2018 3:01 pm
The Canadian Dollar strengthened to a two month high against US Dollar earlier this week. Market participants seem to bet on possible inclusion of Canada in a new Nafta pact. The U.S. has just concluded a successful...

EURJPY Elliott Wave View: Ended 5 Waves Advance

by elliottwave-forecast.com | August 31, 2018 2:48 pm
EURJPY short-term Elliott wave view suggests that the decline to 124.87 low ended intermediate wave (2) pullback of a leading diagonal structure from 5/29/2018 cycle. Above from there, the rally higher is taking place as Elliott wave zigzag structure within intermediate wave (3)...

Disney DIS Bullish Sequence Looking For New All Time Highs

by elliottwave-forecast.com | August 30, 2018 2:37 pm
In the recent 3 years, Walt Disney stock price (NYSE: DIS) hovered between $120 and $90 without any real trending momentum. Last year, we looked for a potential break to new all time highs in Disney based on few...

NZDUSD Elliott Wave Analysis: Double Correction Taking Place

by elliottwave-forecast.com | August 30, 2018 2:26 pm
NZDUSD short-term elliott wave analysis suggests that the decline to 0.6543 low ended Minor wave 1. The internals of that decline unfolded as impulse structure with lesser degree Minute wave ((i)), ((iii)) & ((v)) unfolded in 5 waves structure. Above from...

S&P500 Mini Futures: Extending Higher As Impulse

by elliottwave-forecast.com | August 29, 2018 2:27 pm
S&P500 Mini Futures ticker symbol: $ES_F short-term Elliott wave view suggests that the decline to $2803.34 low ended Minor wave 4 pullback. The internals of that pullback unfolded as Elliott wave zigzag correction. The lesser degree Minute...

NASDAQ Elliott Wave Analysis: Nesting Higher As Impulse

by elliottwave-forecast.com | August 28, 2018 2:21 pm
NASDAQ ticker symbol: $NQ_F short-term Elliott wave analysis suggests that the rally from 7/30 low ($7167.75) to $7505.25 high ended Intermediate wave (1). The internals of lesser degree cycles within Intermediate wave (1) unfolded as 5 waves impulse...

AT&T Elliott Wave View: Rallying as Impulse with Nest

by elliottwave-forecast.com | August 22, 2018 2:47 pm
AT&T (ticker symbol T) Short-term Elliott Wave view suggests that the pullback to $31.76 ended Minor wave 2. The stock is rallying from there within Minor wave 3 as an impulse structure with a nest. Up from $31.76, the rally to...

Can ROKU Stock price surpass $100? ElliottWave Forecast Analysis

by elliottwave-forecast.com | August 22, 2018 10:56 am
ROKU (NASDAQ:ROKU) a streaming TV platform surged last Thursday more than 20% after the company reported better-than-expected second-quarter results. The company currently has 22 million active users but still can’t compete with the giant Netflix (NASDAQ:NFLX) having 130 million subscriber. However,...

Dow Futures Elliott Wave View: Pullback Should Find Support

by elliottwave-forecast.com | August 22, 2018 10:33 am
Short-term Elliott Wave view on YM_F (Dow Futures) suggests that the pullback to 24956 low ended Minor wave 4. Up from there, Index is rallying within Minor wave 5 to end a 5 waves up from 4/2/2018 low. Minute...

AUDUSD Elliott Wave View: More Downside Is Expected

by elliottwave-forecast.com | August 16, 2018 2:31 pm
AUDUSD short-term Elliott wave view suggests that the bounce to 0.7455 high ended intermediate wave (B). Down from there, the pair has broken to new lows confirming the intermediate wave (C) lower. The internals of the decline is unfolding...