USDCAD Is Showing Reaction From The Blue Box Area

by elliottwave-forecast.com | June 30, 2022 2:07 pm
Hello fellow traders.  USDCAD has given us another trading opportunity recently. As our members know, we’ve been favoring the long side in USDCAD and buying the dips in 3,7,11 swings. Reason for expecting further rally is incomplete...

$MC : Luxury Producer LVMH Provides an Opportunity to Join the Rally

by elliottwave-forecast.com | June 30, 2022 1:55 pm
Moët Hennessy Louis Vuitton, commonly known as LVMH, is a French multinational luxury goods company. Headquartered in Paris, LMVH was formed 1987 through a merger of the fashion house Louis Vuitton (founded in 1854) with Moët Hennessy...

XME Reacting Strongly From The Blue Box Area

by elliottwave-forecast.com | June 29, 2022 9:24 pm
In this technical blog, we will look at the past performance of 1 hour Elliott Wave Charts of XME ETF. In which, the decline from 08 June 2022 high unfolded as an impulse sequence and showed a lower low...

Silver Miners (SIL) Pullback Nearing Support

by elliottwave-forecast.com | June 29, 2022 9:14 pm
Since bottoming on March 2020 low, Silver Miners ETF (SIL) has continued to extend lower to correct the cycle from March 2020 low. The correction looks to be in the form of a double  Below is what...

Technical Analysis: Why You Should Expect a Popularity Surge

by ForexCycle.com | June 29, 2022 12:13 pm
By Elliott Wave International You probably know that the term “technical analysis” refers to analyzing the behavior of financial markets themselves — such as the stock market — as opposed to “fundamental” analysis, which is based on news and...

COF : Expect Short Term Weakness Before Resumes Upside

by elliottwave-forecast.com | June 27, 2022 1:51 pm
Capital One Financial Corporation., (COF) operates as the financial services holding company for the Capital One Bank & National Association. Capital One & National Association provides various financial products & services in the US, Canada and UK....

Bull Market Could Have Arrived to Swiss Index (SMI)

by elliottwave-forecast.com | June 27, 2022 1:36 pm
The Swiss Market Index (SMI) is one of the other Capital Markets worldwide that was building a motive wave from the lows of March 2020. That impulse we called wave I and we believe correction as wave...

CHFJPY – Taking Advantage of Weakening Yen

by elliottwave-forecast.com | June 27, 2022 3:43 am
We saw a surge in the market in CHFJPY last week. First time since 2007, SNB have increased their interest rate by 50 basis points. This occurred as soon as the FED raised their interest rates.  Therefore,...

USDNOK – Dollar Sees a Reaction from Blue Box

by elliottwave-forecast.com | June 27, 2022 3:29 am
We have been pretty bullish on the USDNOK throughout the year and Dollar has more strength to come to support this pair. Recently, we posted a trade idea on USDNOK that the market was correcting in a...

Who (or What) Is Really in Charge of Bitcoin’s Price Swings?

by ForexCycle.com | June 25, 2022 7:29 am
By Elliott Wave International I’m not ashamed to admit I have the technological intelligence of an Eggo waffle. So, when my computer bugged out the other day, I called the IT department at work. The tech wizard...