Possible Long Term Elliott Wave Structures for USDCHF

by elliottwave-forecast.com | November 23, 2020 4:41 pm
The Swiss franc is a currency that is always in the hurricane of the Forex because on several occasions the Swiss National Bank has intervened to prevent a continued appreciation of the currency against the dollar. The...

FTSE Forecasting The Rally From The Blue Box

by elliottwave-forecast.com | November 23, 2020 4:40 pm
In this technical blog we’re going to take a quick look at the Elliott Wave charts of  FTSE index  published in members area of the Elliottwave-Forecast .  As our members know FTSE reached our target zone in the...

Margin: How Stock Market Investors Are “Reaching for the Stars”

by ForexCycle.com | November 21, 2020 2:45 am
By Elliott Wave International One of the historic ways that stock market investors exhibit conviction about the direction of prices is to use leverage or participate in the market with borrowed money. Yet another way of putting...

Lordstown Motors Corp. ($RIDE) Priming a Bullish Setup

by elliottwave-forecast.com | November 20, 2020 5:46 pm
Lordstown Motors has had a great start to 2020. With the stock price tripling to a peak in Late September, this company has lots of potential for future gains. Lordstown Motors is in the EV sector, which...

Elliott Wave View: GDX Correction Remains in Progress

by elliottwave-forecast.com | November 19, 2020 4:30 pm
Elliott Wave view in Gold Miners (GDX) suggests the Index is correcting the cycle from March 16, 2020 low. The correction is unfolding as a double three Elliott Wave Structure. In the 60 minutes chart below, we...

StrikePoint Gold ($STKXF $SKP.CA) Correcting March Cycle

by elliottwave-forecast.com | November 18, 2020 4:20 pm
More coverage on the theme of Precious Metals market series that I am doing right now.  I am looking for Jr. producers that offer lucrative setups and are technically clean from the March cycle low.  StrikePoint has...

Impact Silver Corp ($ISVLF $IPT.CA) Bullish Nesting Taking Shape

by elliottwave-forecast.com | November 18, 2020 4:20 pm
Impact Silver.  Another Jr metals producer and explorer that has a great looking chart, and what looks like, a triple nest.  If the nest is correct, then the upside on this stock may be very lucrative.  Impact...

XOM Found Buyers At The Blue Box Equal Legs Area

by elliottwave-forecast.com | November 17, 2020 2:23 pm
Another instrument that we have been trading lately is Exxon Mobil Corporation ( $XOM ) from Group 3. In this technical blog we’re going to take a quick look at the Elliott Wave charts of $XOM, published...

$ENI and $BP Stocks Help Locating Bottom in Energy Sector

by elliottwave-forecast.com | November 17, 2020 2:22 pm
Oil has found its bottom in April 2020. From the lows, it is extending higher and should become even more expensive in the coming years. Similarly, indices have found an important bottom in March 2020. From the...

Virus Vaccine Hopes Support New Zealand Dollar

by elliottwave-forecast.com | November 17, 2020 2:21 pm
Two weeks’ back-to-back good news on virus vaccine from Pfizer and Moderna have buoyed risk sentiment. Overnight news reports Moderna’s COVID-19 vaccine has even a better 94.5% efficacy rate and longer shelf life compared to the Pfizer’s....