USDCAD: The First Target of the Decrease Is 1.3057

by Assistant Traders | February 21, 2019 7:10 am
The capitalization of positions of CFE-accountable participants of the CME Group on derivatives for Canadian dollar increased by 1%. The total capitalization of derivative markets for the Canadian Dollar reached $ 25 billion 21 million. The preponderance...

Elliott Wave View: Gold Looking to break 2018 High

by elliottwave-forecast.com | February 20, 2019 9:03 pm
We have highlighted the possibility that Gold can quickly retest the high in 2018. The chart below shows the yellow metal has broken above a long term bearish channel from Sept 5, 2011 high. In addition, it...

AUDUSD: The First Target of the Increase Is 0.7307

by Assistant Traders | February 20, 2019 7:28 am
The market owners’ cash investments in derivatives on the Australian dollar by CME Group exchanges amounted to $ 19 billion 464 million. The capitalization of investments decreased by 4%. The net advantage of bearish positions decreased by...

EOS Token Price Looking for A Technical Recovery

by elliottwave-forecast.com | February 19, 2019 8:55 pm
The EOS token is the cryptocurrency of the EOS network which is using the blockchain technology architecture to enable vertical and horizontal scaling of decentralized applications. 2018 was the worst year for cryptocurrency investors as the market...

Elliott Wave View: S&P 500 (SPX) Rallies as an Impulse

by elliottwave-forecast.com | February 19, 2019 8:15 pm
Since bottoming at 2346.58 on December 26, 2018,  S&P 500 (SPX) has rallied 18% in less than 2 months. The structure of the rally appears like an Impulse Elliott Wave structure. An Impulse structure is a 5...

$SPX: Who is Right? The Fed or President Trump

by elliottwave-forecast.com | February 19, 2019 8:08 pm
The S&P 500 ($SPX) had the worst December in history as the market got nervous. Many started to guess the possible reasons and came up with many different arguments. There were several reasons like the trade wars...

Crude Oil: The Goal of Raising Is 59.08

by Assistant Traders | February 19, 2019 9:09 am
The total capitalization of investing cash in derivatives for Crude Oil was $ 302 billion 112 million. The decrease in capitalization over the previous reporting week was 4%. The superiority of bull positions in monetary terms amounted...

Nikkei Elliott Wave Zigzag Pattern Within February Cycle

by elliottwave-forecast.com | February 18, 2019 9:06 pm
Nikkei Elliott Wave Zigzag Pattern Within February Cycle Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of NIKKEI . Break of February 5th peak has made...

USDPLN Buyers In Control as October High Breaks

by elliottwave-forecast.com | February 17, 2019 7:19 pm
USDPLN has rallied strongly over the past 2 weeks which resulted in a break of October 2018 peak. In this blog, we will take a look at the mid-term and short-term Elliott wave structure of this Forex...

USDCAD : Possible Breakout Higher?

by elliottwave-forecast.com | February 17, 2019 7:18 pm
USDCAD BUY/LONG Trade Setup: USDCAD is forming a bullish inverted Head and Shoulders market breakout pattern. Price has already broke above the neck line which can be a signal that possibly more bulls will be entering LONGS...