XOM Elliott Wave View: Forecasting Decline Lower

by elliottwave-forecast.com | June 30, 2020 3:29 pm
In this technical blog, we are going to take a look at the past performance of 1 hour Elliott Wave Charts of the Exxon Mobil ticker symbol: XOM. In which, the decline from 08 June 2020 peak unfolded...

Elliott Wave View: Dips in USDCAD Should Find Buyers

by elliottwave-forecast.com | June 30, 2020 3:28 pm
USDCAD 45 minutes chart below shows that the pair has ended 3 wave pullback from June 15 high in wave 2. The pullback unfolded as double three Elliott Wave structure and ended at 1.3482 low. Afterwards, the...

$SAN : Banco Santander may provide timing for stocks to rally

by elliottwave-forecast.com | June 29, 2020 1:18 pm
Banco Santander is the largest bank in Spain and the 5th largest bank in Europe. Traded under ticker $SAN at BMAD and NYSE, it is a component of the EuroStoxx50 and IBEX35 market indices. In particular, the...

$FXE Elliott Wave and Longer Term Cycles

by elliottwave-forecast.com | June 29, 2020 1:17 pm
$FXE Elliott Wave and Longer Term Cycles Firstly as seen on the weekly chart shown below the instrument made a high in April 2008. There is data back to December 2005 in the ETF fund. Data correlated in...

GBPJPY Forecasting The Decline After Elliott Wave Flat

by elliottwave-forecast.com | June 29, 2020 1:16 pm
In this technical blog we’re going to take a look at the Elliott Wave charts charts of GBPJPY published in members area of the website. Recently the pair corrected the cycle from the 139.7 peak , when...

Natural Gas (NG_F) Continue To Resume Lower

by elliottwave-forecast.com | June 29, 2020 1:15 pm
In this blog, we are going to take a look at the Elliott Wave chart of Natural Gas (NG_F). In the previous article from May 13, 2020, we showed how Natural Gas reached the blue box area and...

GBPUSD : Market Patterns Signalling the Move Lower

by elliottwave-forecast.com | June 29, 2020 1:15 pm
On June 16 2020 I posted on social media Stocktwits/Twitter @AidanFX  “GBPUSD watching for SELLS”.  The chart below was also posted on social media StockTwits/Twitter @AidanFX June 16 2020 showing that a bearish market pattern (blue) formed...

Bullish Breakout in GDXJ (Gold Miners Juniors) Imminent

by elliottwave-forecast.com | June 29, 2020 1:14 pm
Gold market continues to extend higher with uncertainties in pandemic and ultra-loose monetary policy by central banks. It has printed a 7 year high of $1779 and shows no sign of stopping. It has broken to new-all...

Elliott Wave View: Pan American Silver (PAAS) Bullish Outlook

by elliottwave-forecast.com | June 29, 2020 1:13 pm
Pan American Silver Corporation (ticker: PAAS) is a Canadian mining company with operations in Latin America. The company has mines in Mexico, Peru, Bolivia, and Argentina. It is the world’s second largest primary silver producer worldwide it...

USDCAD Weekly Analysis – June 28, 2020

by ForexCycle.com | June 28, 2020 2:12 am
USDCAD stays in a falling price channel on the daily chart and remains in the downtrend from 1.4667. As long as the channel resistance holds, the bounce from 1.3314 could be treated as consolidation for the downtrend...