Elliott Wave Analysis: Forecasting the Decline In TESLA

by elliottwave-forecast.com | May 16, 2019 4:18 pm
In this blog, I want to share with you some Elliott Wave charts of Tesla which we presented to our members earlier this month. You see the 1-hour updated chart presented to our clients on the 5/5/19. Tesla had a...

AUDJPY Elliott Wave View: Forecasting The Decline

by elliottwave-forecast.com | May 16, 2019 4:17 pm
In this technical blog, we are going to take a look at the past performance of AUDJPY 1-Hour Elliott wave Charts that we presented to our members. In which, the cycle from 4/29/2019 peak (78.93) took place...

Soybean at Risk of Further Selloff as Trade War Escalates

by elliottwave-forecast.com | May 16, 2019 4:17 pm
Summary The months-long trade negotiation between the U.S and China has failed to reach an agreement. Sticking points of the negotiation centers around intellectual property and technology transfer. The two sides can not come into agreement yet....

Elliott Wave Analysis: Trading GBPAUD with Right Side System

by elliottwave-forecast.com | May 10, 2019 3:53 pm
In this blog, I want to share with you some Elliott Wave charts of GBPAUD which we presented to our members. In the chart below You see the 4-hour updated chart presented to our clients on the 04/17/19. The higher...

NASDAQ ( NQ #F ) Found Buyers In Blue Box And Rallied

by elliottwave-forecast.com | May 10, 2019 3:53 pm
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of NASDAQ. As our members know NASDAQ has been trading higher within December 2018 cycle. It has been...

Coffee: Elliott Wave Impulse In Progress

by elliottwave-forecast.com | May 10, 2019 3:53 pm
Last month, we looked at the bearish incomplete sequence in $KC_F (Coffee) since 11.8.2016 peak but today we would be looking at the Elliott wave structure of the decline from 11.8.2016 peak in the daily time frame...

EURUSD : Sell Trade Setup

by elliottwave-forecast.com | May 8, 2019 4:43 pm
EURUSD Technical Analysis May 7/2019 EURUSD : Bearish market patterns can be seen on the EURUSD 15 minute chart. In the chart below blue bearish pattern triggers SELLS at the BC 0.50% Fib. retracement level. The orange...

Elliott Wave View: Further Weakness in GBPJPY

by elliottwave-forecast.com | May 8, 2019 4:43 pm
Short Term Elliott Wave view on GBPJPY suggests that further downside is expected. On the chart below, wave ((iii)) ended at 143.74 and wave ((iv)) bounce ended at 146.51. Pair has since broken to new low below...

Trade Negotiation in Jeopardy After China Reneged its Commitment

by elliottwave-forecast.com | May 8, 2019 4:43 pm
Summary The odds of trade war escalation rises after Trump sent a pair of tweets threatening to increase tariffs to Chinese goods. If there is no deal by this Friday, the tariffs to Chinese goods will rise...

Elliott Wave View Expecting AUDJPY to Extend Lower

by elliottwave-forecast.com | May 7, 2019 11:53 am
AUDJPY shows an incomplete Elliott Wave sequence from April 17, 2019 high, favoring more downside. The 100% target can reach as low as 75.7 – 76.3. In the chart below, the bounce to 78.94 ended wave 2....