SP500 and DXY Performance in US Election. What to expect this year?

by elliottwave-forecast.com | November 2, 2020 3:33 pm
Every 4 years the elections arrive in the United States, the performance of the most important health indicator of the financial markets, such as SP500, is reviewed again. In recent years the SP500 has been well above...

How Much Farther Will US Dollar Rally?

by elliottwave-forecast.com | January 31, 2020 5:02 pm
The Dollar Index (DXY) continues to be firm and rallies higher since Dec 31.2019 low. Near term, it still has scope to extend higher towards 98.3 – 98.59 area which is the 100% – 123.6% Fibonacci extension...

Elliott Wave Analysis: USDJPY Extending Higher As Impulse

by elliottwave-forecast.com | July 13, 2018 2:47 pm
USDJPY short-term Elliott Wave view suggests that the rally to 111.13 high ended Minute wave ((i)). Down from there, the pullback to 110.24 low ended Minute wave ((ii)). The internals of that pullback unfolded as a Flat Elliott...

USDSGD Showing Incomplete Elliott Wave Structure To The Upside

by elliottwave-forecast.com | June 26, 2018 2:36 pm
USDSGD short-term Elliott wave view suggests that the decline to 1.3299 on 6/07 low ended primary wave ((X)) pullback. Above from there, the pair rallied higher and went on to make a new high for this year creating 5...

USDJPY Elliott Wave view: Calling For Bounces To Fail Ahead of NFP?

by elliottwave-forecast.com | June 1, 2018 2:37 pm
USDJPY Short-term Elliott Wave view suggests that the rally to 111.40 on May 21 ended intermediate wave (A) as a Diagonal structure coming from March 26 low (104.52) cycle. Pair is currently correcting cycle from 3/26 low within Intermediate wave (B)....

EURUSD Elliott Wave View: Bounces Are Expected To Fail

by elliottwave-forecast.com | May 29, 2018 10:29 am
EURUSD short-term Elliott wave view suggests that the decline from ( 1.1996 ) 5/14/2018 peak is unfolding as ending diagonal structure in Intermediate wave (5) lower as mentioned in the previous post here. The internals of each of leg in ending diagonal structure is...

USDX Elliott Wave View: Extending Higher As Impulse

by elliottwave-forecast.com | April 24, 2018 2:47 pm
USDX Elliott Wave view in short-term cycle suggests that the decline to 89.22 ended Intermediate wave (B) as Elliott Wave Zigzag correction. Above from there, Intermediate wave (C) remains in progress as Elliott Wave Impulsive sequence with extension looking for...

EURUSD Elliott Wave View: Still Trading Sideways

by elliottwave-forecast.com | April 20, 2018 2:51 pm
Short-term EURUSD Elliott Wave view suggests that the pair remains in a sideways triangle range between 1.2554 and 1.2153 levels as mentioned in the previous post here. Until we break out of the range, we look for the...

U.S. Dollar: Why It Pays to Use the Elliott Wave Model

by ForexCycle.com | April 7, 2018 7:25 am
By Elliott Wave International The legendary football coach Vince Lombardi believed that a winning team is built on mastering the game’s basics — so much so that at the start of the season he would “remind” veteran...

GBPUSD Elliott Wave View: Calling The Bounce Higher

by elliottwave-forecast.com | March 30, 2018 2:51 pm
GBPUSD Elliott Wave short-term sequence from 3/01 low (1.3709) ended as a Leading Diagonal structure in Minor wave 1 at 1.4248 high in 5 waves. Down from there, the pair is correcting that cycle in Minor wave 2 pullback in 3,...