Elliott Wave View: Tesla (TSLA) Ended Correction

by elliottwave-forecast.com | July 29, 2020 3:11 pm
Tesla (TSLA) 30 minutes chart below shows that the stock has ended the correction from July 13 peak. The decline unfolded as a zig-zag Elliott Wave Structure.  From July 13 high, wave A ended at 1450 low. The...

AUDJPY Incomplete Sequence Targeting Higher

by elliottwave-forecast.com | July 29, 2020 3:10 pm
In this blog, we are going to take a look at the Elliott Wave chart of AUDJPY. The Daily chart update below shows that the pair has continued to extend higher from March 19, 2020 low. The...

Break to New All-Time High in Gold Confirms Bullish Market

by elliottwave-forecast.com | July 29, 2020 3:10 pm
Gold has finally broken to a new record high this week, confirming the secular bull market has resumed. We know it’s a matter of time as it has made a new all time high to almost all...

Why Commercial Real Estate is Set to Get Slammed

by ForexCycle.com | July 29, 2020 12:46 pm
By Elliott Wave International Commercial real estate investors are in an especially precarious position should another financial crisis unfold. A July 18 Marketwatch article titled “The open secret in commercial real estate is that owners regularly take...

Elliott Wave View: Hang Seng Index Correction In Progress

by elliottwave-forecast.com | July 28, 2020 4:08 pm
Hang Seng 15 minutes chart below shows that the index has extended lower from July 7 peak. The decline is unfolding as a double three Elliott Wave Structure.  From July 7 high, wave W ended at 25570.36 low....

The Longer Term Bullish Cycles of the $CAC40

by elliottwave-forecast.com | July 28, 2020 4:08 pm
The Longer Term Bullish Cycles of the $CAC40 Firstly the CAC 40 index has been trending higher with other world indices where in September 2000 it put in an all time high.  From there it followed the...

CHFJPY Forecasting The Rally After Elliott Wave Zig Zag

by elliottwave-forecast.com | July 28, 2020 4:07 pm
Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of CHFJPY , published in members area of the website.  As our members know, we’ve been calling rally...

USDCAD Daily Analysis – July 28, 2020

by ForexCycle.com | July 28, 2020 1:00 am
USDCAD’s downside movement from 1.3715 extended to as low as 1.3337. Further decline would likely be seen and next target would be at 1.3200 area. Near term resistance is at 1.3444, above this level could bring the...

USDJPY Daily Analysis – July 28, 2020

by ForexCycle.com | July 28, 2020 12:59 am
USDJPY’s downside movement from 108.16 extended to as low as 105.11. Deeper decline is still possible and next target would be at 104.50 area. Near term resistance is at 105.50, a break of this level could bring...

AUDUSD Daily Analysis – July 28, 2020

by ForexCycle.com | July 28, 2020 12:58 am
AUDUSD is facing 0.7182 resistance, a break of this level could signal resumption of the uptrend from 0.6776, then next target would be at 0.7300 area. Near term support is at 0.7063, a breakdown below this level...