Elliott Wave View: Further Upside in USDJPY

by elliottwave-forecast.com | January 28, 2021 4:35 pm
Short Term Elliott Wave View in USDJPY suggests the rally from January 6 low is unfolding as a zigzag Elliott Wave structure. Up from January 6 low, wave A ended at  104.39 and wave B pullback ended...

Wheat ( $ZW_F ) Buying The Dips At The Blue Box Area

by elliottwave-forecast.com | January 27, 2021 4:31 pm
Hello fellow traders. Another instrument that we have been trading lately is Wheat ( $ZW_F) . In this technical blog we’re going to take a quick look at the Elliott Wave charts of Wheat ( $ZW_F) ,...

Possible Nesting Structure in EEM May Support World Indices

by elliottwave-forecast.com | January 27, 2021 4:30 pm
As we always do at Elliottwave-Forecast, we look at the market as a whole. We track over hundreds of instrument around the world to get a more complete forecast. There is a degree of correlation among different...

GME: A Wave (V) Might Happen with Minimum Target $182.00

by elliottwave-forecast.com | January 27, 2021 4:29 pm
$GME (Game Stop) has been in a tremendous rally since it reached the blue box buying around the $8.20 area. The market has changed, and there is no question computers have taken over the market. We have...

Supply Deficit in Palladium May Continue to Support Price

by elliottwave-forecast.com | January 26, 2021 4:53 pm
Palladium market continues  to be in short supply for 9 straight years. The gap between mine supply and consumption in 2020 was around 1 million ounce of palladium. The chart below shows the deficit from 2011-2019 Palladium...

The Newmont Corporation Longer Term Bullish Cycles $NEM

by elliottwave-forecast.com | January 26, 2021 4:52 pm
The Newmont Corporation Longer Term Bullish Cycles $NEM Firstly from the beginning of price data from back in the 1970’s not shown on the chart, the price trend was obviously up. It ended that bullish cycle in...

Pfizer Long Term Bullish Trend and Elliott Wave Cycles $PFE

by elliottwave-forecast.com | January 26, 2021 4:51 pm
Pfizer Long Term Bullish Trend and Elliott Wave Cycles $PFE The Pfizer Long Term Bullish Trend and Elliott Wave Cycles suggest the stock price will be trending higher. The cycles project it should continue toward the April...

$LHA : Lufthansa Ramping Up Despite Lockdowns

by elliottwave-forecast.com | January 25, 2021 5:14 pm
Deutsche Lufthansa AG is the largest German airline and behind Ryanair the second largest company in Europe in terms of the number of passengers. Founded in 1926 and headquartered in Cologne, Germany, it can be traded under the...