What (the Heck) is Going on with U.S. Economy?

by ForexCycle.com | November 7, 2021 11:38 am
If you live in the U.S. — and even if you’re some place else — you know about the recent bout of supply chain problems, job resignations and surging prices. And yes, you’ve heard the conventional explanations…...

Bitcoin’s All-Time High Foretold Before U.S. ETF Launch

by ForexCycle.com | November 7, 2021 11:36 am
By Elliott Wave International On Oct. 20, Bitcoin climbed to a new all-time high above $66,000 — quite a rebound from its price level just below $30,000 as recently as July. At that time, the sentiment was...

BAAKT ($BKKT) Bullish Potential On Tap

by elliottwave-forecast.com | November 4, 2021 3:42 pm
Another day, another meme stock rallies.  This week, Bakkt is the company I want to focus on.  This is another Crypto focussed stock.  However, it has a large deal behind it, being a Mastercard deal whereby Bakkt...

XLK Forecasting The Bounce Higher

by elliottwave-forecast.com | November 4, 2021 3:40 pm
In this technical blog, we will look at the past performance of 4 hour Elliott Wave Charts of Technology ETF ticker symbol: $XLK. In which, the rally from 05 March 2021 low ended wave (3) in an impulse...

Nasdaq Futures: Forecasting The Rally from the Blue Box Area

by elliottwave-forecast.com | November 3, 2021 3:35 pm
Nasdaq futures rallied over 1600 points during the last 30 days of trading. It found a low at 14372 on October 4, 2021 and has not looked back since then. After a couple of tests of the...

Soybean Has Reached Support Area

by elliottwave-forecast.com | November 2, 2021 3:42 pm
The fundamental outlook for Soybean (ZS) and other agricultural commodities continue to look bright. The major cost component of agricultural commodities is the energy prices. Farmers require gasoline to operate their equipment, while natural gas is used...

$FXE EURO ETF Elliott Wave & Long Term Cycles

by elliottwave-forecast.com | November 2, 2021 3:41 pm
$FXE EURO ETF Elliott Wave & Long Term Cycles Firstly as seen on the monthly chart shown below the instrument made a high in April 2008. There is data back to December 2005 in the ETF fund. Data...

Elliott Wave View: CDEV Pullback Should Supported & Extend higher

by elliottwave-forecast.com | November 2, 2021 3:40 pm
Centennial Resource Development, Inc. ( CDEV ), is an independent Oil & Natural gas company from Energy Sector, focuses on the development of unconventional oil & associated liquid rich natural gas reserves in US. It trades under...

CHFJPY Forecasting The Rally & Buying The Dips At The Blue Box Area

by elliottwave-forecast.com | November 1, 2021 2:14 pm
CHFJPY is another instrument that has given us trading opportunity lately . The pair is showing impulsive sequences in the cycle from the September 20th low.  Recently it made clear 3 waves  pull back and found buyers...