Elliott Wave View: Bitcoin Next Short Term Support Area

by elliottwave-forecast.com | February 14, 2020 3:28 pm
Short term Elliott wave view in Bitcoin (BTCUSD) suggests the rally from January 24, 2020 low has ended as a 5 waves impulse Elliott Wave structure. Up from January 24 low, wave ((i)) ended at 9570 and...

Singapore Dollar (SGD) Plunges as Central Bank Signals Easing

by elliottwave-forecast.com | February 13, 2020 4:02 pm
Singapore Dollar SGD tumbled last week after Monetary Authority of Singapore (MAS) suggests that Singapore Dollar has room to depreciate. The statement came after the coronavirus infection spread to the territory and the central bank predicts it...

$EURGBP FX Pair Longer Term Cycles and Elliott Wave

by elliottwave-forecast.com | February 12, 2020 4:03 pm
$EURGBP FX Pair Longer Term Cycles and Elliott Wave Firstly as seen on the monthly chart below there is data back to January 1975 in the pair. The EUR part being derived from the German Deutsche Mark...

Elliott Wave View: AUDUSD in 3 Waves Correction

by elliottwave-forecast.com | February 12, 2020 4:02 pm
Short term Elliott wave view in AUDUSD suggests the pair ended the cycle from January 1, 2020 high in wave (1) at 0.6658 low. Down from January 1, wave 1 ended at 0.6845 low and wave 2...

EURCAD Incomplete Sequence Keeps Sellers In Control

by elliottwave-forecast.com | February 12, 2020 4:01 pm
In this blog, we are going to take a look at the Elliottwave chart of EURCAD.  Based on the daily chart shown below, the pair is doing a correction in wave IV right now.  The correction is...

CVR Energy (NYSE:CVI) – Recovery on the Horizon

by elliottwave-forecast.com | February 11, 2020 4:48 pm
CVR Energy (NYSE:CVI) lost almost 40% of it’s value since July of last year, as the stock started correcting the impulsive 5 waves advance from 2016 low. The correction taking place is unfolding asĀ  3 waves Zigzag...

$GBPCHF FX Pair Long Term Cycles & Swings

by elliottwave-forecast.com | February 11, 2020 4:46 pm
$GBPCHF FX Pair Long Term Cycles & Swings Firstly as seen on the monthly chart below there is data back to the early 1970’s readily available in the pair. It obviously had a central bank intervention during...

Elliott Wave View: Further Upside Expected in Amazon

by elliottwave-forecast.com | February 11, 2020 4:45 pm
Amazon (ticker symbol: AMZN) broke above July 11, 2019 high (2035.8) a few weeks ago after reporting strong earnings. The stock now shows an incomplete bullish sequence from December 24, 2018 low favoring further upside. In the...

$INTC (Intel) Still Remains Supported Until $88.00 Area

by elliottwave-forecast.com | February 11, 2020 4:39 pm
In this article, we will look at the Elliott Wave technical path for Intel (ticker: INTC). Most world indices is still trading within the 2009 cycle and should see more upside until the cycle ends. The 2009...