Poundsterling Soars as UK and Irish Leaders Find Pathway to Brexit Deal

by elliottwave-forecast.com | October 15, 2019 7:16 pm
The last ditch Brexit talks between British and Irish leaders last week yield unlikely breakthrough. Both leaders issued an upbeat statement after the meeting, saying they see a pathway to a possible deal. The issue of Irish...

USDNOK Found Intraday Buyers At The Blue Box Area

by elliottwave-forecast.com | October 15, 2019 7:16 pm
In this technical blog we’re going to take a quick look at the Elliott Wave charts of USDNOK published in the membership area of the elliottwave-forecast.com  . USDNOK  broke September 3rd peak , which made the pair...

Elliott Wave View: Bullish Sequence in DAX

by elliottwave-forecast.com | October 15, 2019 7:12 pm
DAX shows Elliott Wave bullish sequence from August 15, 2019 low (11266.48) favoring more upside. The rally from 11266.48 to 12497.28 ended wave (1) as a 5 waves impulse Elliott Wave structure. On the chart below, we can see...

Walmart (NYSE: WMT) Bull Run Leads the Market

by elliottwave-forecast.com | October 15, 2019 7:12 pm
Walmart (NYSE: WMT) is the world’s largest retailer, operating discount stores, supercenters, and grocery stores around the world. In today’s article, we’ll taker a look at the short term cycle of the stock based on Elliott Wave Theory...

Chinese Vipshop Stock Looking for More Recovery

by elliottwave-forecast.com | October 14, 2019 11:34 am
In today’s blog, we will have a look at the Vipshop stock. The stock is traded as VIPS at the NYSE. Vipshop is a Chinese e-commerce company (www.VIP.vcom)  which offers online discount sales which have it’s headquarter in Guangdong,...

GBPAUD : Watching for Possible Selling Opportunities

by elliottwave-forecast.com | October 14, 2019 11:33 am
GBPAUD Technical Analysis October 12/2019 GBPAUD : Possible bearish patterns are visible on the 4 hour chart. Pink bearish pattern triggers SELLS at the point D XA 0.886% Fib. retracement level and the green bearish pattern triggers...

XAUUSD : Bullish Market Patterns

by elliottwave-forecast.com | October 14, 2019 11:33 am
XAUUSD Technical Analysis October 12/2019 XAUUSD : Possible bullish patterns are visible on the 4 hour chart. Blue bullish AB=CD pattern already triggered BUYS at the point D AB=CD level on October 1/2019. Price has since bounced...

Elliott Wave View: Rally in Amazon (AMZN) Can Fail

by elliottwave-forecast.com | October 14, 2019 11:32 am
Short term Elliott Wave view of Amazon ($AMZN) suggests the decline to 1685.06 ended wave (A). Internal of wave (A) unfolded as a 5 waves impulse Elliott Wave structure. On the chart below, we can see wave 3...

Yen Crosses Reaching Extremes. Are They Ready For A Bounce?

by elliottwave-forecast.com | October 14, 2019 11:32 am
In this blog, we would take a look at some Yen crosses to gather the bigger picture and also get an idea of whether they are ready for a bounce or there would be more downside before...

FXY Longer Term Cycles & Elliott Wave

by elliottwave-forecast.com | October 14, 2019 11:31 am
FXY Longer Term Cycles & Elliott Wave Firstly the FXY instrument inception date was 2/12/2007. The instrument tracks changes of the value of the Japanese Yen versus the US Dollar. There is plenty of data going back...