NZDUSD Elliott Wave View: Extended Correction

by elliottwave-forecast.com | May 8, 2017 9:15 am
Revised Elliott Wave view in NZDUSD suggests the decline from 3/21 high (0.709) is unfolding as a leading diagonal Elliott Wave structure where Minute wave ((i)) ended at 0.6905, Minute wave ((ii)) ended at 0.7053, Minute wave ((iii)) ended at...

NZDUSD Elliott Wave View: Downside Resumes

by elliottwave-forecast.com | May 5, 2017 7:18 am
Revised Elliott Wave view in NZDUSD suggests the decline from 3/21 high (0.709) is unfolding as a triple three Elliott Wave structure where Minute wave ((w)) ended at 0.6905, Minute wave ((x)) ended at 0.7053, Minute wave ((y)) ended at 0.6844 and...

NZDUSD Elliott Wave View: Correction Ended

by elliottwave-forecast.com | May 4, 2017 11:48 am
Revised Elliott Wave view in NZDUSD suggests the decline from 3/21 high (0.709) is unfolding as a triple three Elliott Wave structure where Minute wave ((w)) ended at 0.6905, Minute wave ((x)) ended at 0.7053, Minute wave ((y)) ended...

USDCAD swings sequence calling the rally

by elliottwave-forecast.com | May 3, 2017 12:47 pm
Hello fellow traders. In this technical blog we’re going to take a quick look at the past Elliott Wave chart of USDCAD. In further text we’re going to explain the structure,count the swings and see how we...

Nikkei Elliott Wave View: Ending impulsive 5 waves

by elliottwave-forecast.com | May 3, 2017 12:27 pm
Short term Elliott Wave view in Nikkei ( NKD_F) suggests that the decline to 4/16 low (18255) ended primary wave ((4)). Up from there, the rally is unfolding as an impulse Elliott wave structure where Minute wave ((i)) ended at 18590, Minute...

NZDUSD Elliott Wave View: Correction in progress

by elliottwave-forecast.com | May 3, 2017 11:23 am
Short term Elliott Wave view in NZDUSD suggests the decline to 0.6844 low ended cycle from 3/21 high in Minor wave W. Pair is currently correcting cycle from 3/21 high in 7 or 11 swing in Minor wave X before the...

Gold short term weakness likely

by elliottwave-forecast.com | May 2, 2017 1:07 pm
Gold to Silver Ratio Daily Elliott Wave Chart Daily chart of Gold-to-Silver ratio above suggests that the ratio is correcting cycle from 2/29/2016 peak (83.68) before the decline resumes later, provided that pivot at 83.68 high stays...

NZD USD Incomplete Elliott Wave Sequence

by elliottwave-forecast.com | May 2, 2017 11:22 am
NZD USD is showing 5 swings down from 2/6/2017 (0.7375) which means it’s an incomplete Elliott wave sequence and calls for another swing lower to complete 7 swings down from 2/6/2017 (0.7375) peak. First 3 swings completed on 3/9/2017...

Freeport McMoRan (FCX) Outlook Turning Bullish

by elliottwave-forecast.com | April 28, 2017 4:59 pm
Freeport McMoRan Incorporation (NYSE: FCX) is the world’s largest publicly traded copper and molybdenum producer and it’s also a major producer of gold but almost 70% of revenues are from the sale of copper. The Phoenix, Arizona-based company is primarily engaged in mineral exploration...