The best trading strategy for Indian Rupees (USDINR) is still buying dips

by elliottwave-forecast.com | December 5, 2022 8:16 pm
The Indian rupee (symbol: ₹; USDINR) is the official currency of India. The rupee is subdivided into 100 paise (singular: paisa), though as of 2022, coins of denomination of 1 rupee are the lowest value in use whereas 2000 rupees is the highest. The issuance of the...

MT : Should It Be Ready For Next Rally ?

by elliottwave-forecast.com | December 5, 2022 8:08 pm
ArcelorMittal S.A., (MT) together with its subsidiaries, operates as integrated steel & mining companies in Europe, North & South America, Asia & Africa. Its principal steel products include semi-finished flat products, including slabs, finished flat products comprising...

USDCAD Elliott Wave Forecasting The Path & Buying The Dips

by elliottwave-forecast.com | December 5, 2022 7:57 pm
In this article we’re going to take a quick look at the Elliott Wave charts of USDCAD, published in members area of the website. We have been favoring the long side in the pair.  As our members...

VanEck Gold Miners ETF ($GDX) Perfect Reaction from Blue Box Area.

by elliottwave-forecast.com | December 5, 2022 7:29 pm
Good day Traders and Investors. In today’s article, we will look at the past performance of the Weekly Elliottwave chart of Gold Miners ETF ($GDX). The decline from 08.03.2020 high marked the end of the cycle from...

$NEL : Is Hydrogen Stock Nel ASA Bullish amid Energy Crisis?

by elliottwave-forecast.com | December 5, 2022 7:12 pm
Nel ASA is a Norwegian heavy electrical equipment company. It provides solutions for production, storage and distribution of hydrogen from renewable energy sources. Founded in 1927 and headquartered in Oslo, Norway, it can be traded under the ticker...

New Event: “12 Days of Elliott”

by ForexCycle.com | December 4, 2022 3:52 am
We’re feeling the holiday spirit! Our friends at Elliott Wave International have just launched a brand new event for traders & investors. It’s called the “12 Days of Elliott.” From December 1st through the 12th, you get free...

U.S. Dollar: Has the Mainstream Been Way Too Confident?

by ForexCycle.com | December 4, 2022 3:47 am
By Elliott Wave International Investors who use Elliott wave analysis know that the main price trend of a financial market subdivides into five waves. Also know that wave 1 and wave 5 are often approximately equal in...