$USDSEK and $USDMXN Holding the $USDX

by elliottwave-forecast.com | May 10, 2023 7:25 pm
The $USDX peaked back on 09.29.2022. Since then, the Index has been dropping. The Index is at risk of ending the cycle since the lows back in 2008. This means a huge selling could be happening now....

$IBM Will Soon See Buyers

by elliottwave-forecast.com | May 10, 2023 6:55 pm
$IBM has been trading sideways since it peaked on 02.01.2017. It still has not reached the target at the $82.36 area. This article on 11.2020 shows the target area and and the most likely path at that moment. Since...

Will TD Bank ($TD) React Lower from our Blue Box Area?

by elliottwave-forecast.com | May 9, 2023 6:35 pm
Hello Traders! Today, we will look at the shorter cycles of Toronto-Dominion Bank ($TD) and explain why the stock should soon reach a Blue Box area and react lower. First of all, This is how we saw it...

NQ_F: Wave (ii) Found Support From Equal Legs Area

by elliottwave-forecast.com | May 9, 2023 6:22 pm
Hello Traders, in this article we will analyze our forecast of the Nasdaq Futures in the short term cycle. Since the short term peak of NQ_F from 05.01.2023 to end wave (i) we have been expecting a...

DE (Deere & Company) Favors Weakness In Flat Correction

by elliottwave-forecast.com | May 9, 2023 6:10 pm
Deere & Company manufactures & distributes various equipment worldwide. The company operates through four segments: Production & Precision Agriculture, small Agriculture & Turf, Construction & Forestry, & Financial services. The company is based in Illinois, US, comes...

USDX Forecasting The Decline After Elliott Wave Double Three

by elliottwave-forecast.com | May 9, 2023 5:43 pm
Hello fellow traders. In this technical article we’re going to take a look at the Elliott Wave charts charts of Dollar index published in members area of the website.  As our members know USDX has recently  made...

Johnson & Johnson (JNJ) Shares Are Entering In A Bull Trap

by elliottwave-forecast.com | May 8, 2023 5:32 pm
Johnson & Johnson (JNJ) is an American multinational corporation founded in 1886 that develops medical devices, pharmaceuticals, and consumer packaged goods. Its common stock is a component of the Dow Jones Industrial Average, and the company is...

$KGH: Metals Producer KGHM Reacting Higher from Bluebox Area

by elliottwave-forecast.com | May 8, 2023 5:12 pm
KGHM Polska Miedź S.A. is a multinational corporation which has its headquarters in Lubin, Poland. Traded under tickers $KGH at WSE and $KGHPF in US in form of ADRs, it is a component of the WIG30 index. KGHM has...

Procter & Gamble (NYSE: PG) Poised for Growth as Demand Soars!

by elliottwave-forecast.com | May 5, 2023 5:39 pm
Procter & Gamble Co (NYSE: PG), a household name in consumer goods, has been a staple in many homes for generations. From Crest toothpaste to Tide laundry detergent, P&G’s products are ubiquitous and trusted by millions. But...

EURCAD Buying The Dips At The Blue Box Area

by elliottwave-forecast.com | May 5, 2023 5:13 pm
Hello fellow traders. In this technical article we’re going to take a quick look at the Elliott Wave charts of EURCAD published in members area of the website.  As our members know, the pair is showing bullish...