Indices Drop To End The Week Due To New Tariffs on Mexico or Technical?

by elliottwave-forecast.com | June 4, 2019 7:50 pm
President Donald Trump threatened on Thursday to impose new tariffs on Mexico if the country does not step up its immigration enforcement actions, combining his boiling border-related frustrations with his preferred method of punishing foreign countries. Trump...

Reserve Bank Australia Will Consider Rate Cut

by elliottwave-forecast.com | May 27, 2019 8:31 pm
In a speech to the Economic Society of Australia today, Reserve Bank of Australia (RBA) governor Phillip Lowe gave the strongest indication that the bank will cut cash rate in the next meeting. Dr. Lowe said that...

2020: The next U.S. Election Can Create A Big Market Pullback

by elliottwave-forecast.com | May 27, 2019 8:31 pm
U.S. Election 2020: Many Traders always believe the Market moves are driven by fundamental outcomes. We at Elliott Wave Forecast believe that the Market follows a code which is visible and repeats itself in every single time...

EURJPY : Trend Continuation Market Pattern Forming?

by elliottwave-forecast.com | May 27, 2019 8:31 pm
EURJPY Technical Analysis May 17/2019 EURJPY can be possibly forming a bearish Gartley pattern. A Gartley pattern is a continuation of trend market pattern. This market pattern must form within a trending cycle and should never be...

ICIC Bank Elliott Wave View Calls For Correction but Still Bullish

by elliottwave-forecast.com | May 21, 2019 5:10 pm
ICICI Bank Limited is an Indian multinational banking and financial services company headquartered in Mumbai, Maharashtra with its registered office in Vadodara, Gujarat. As of 2018, ICICI Bank is the second largest bank in India in terms...

Chinese Yuan Looking For Further Weakness Against US Dollar

by elliottwave-forecast.com | May 21, 2019 5:10 pm
The Yuan (CNY) is the basic unit of the Renminbi which represents the official currency of the People’s Republic of China. The ongoing trade war between China and United States is affecting the economy for both country and the recent tension caused by...

Ethereum: After the Big Correction, can it reach $1600 area?

by elliottwave-forecast.com | May 21, 2019 5:10 pm
Ethereum has been following a very nice Elliott Wave structure and has been playing out nicely. The Instrument did a 5 waves advance structure from its all-time lows followed by a pullback in a 7 swings Elliott...

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....