Break above $1300 in Gold Forms Elliott Wave Impulse

by elliottwave-forecast.com | January 28, 2019 6:54 pm
Last Friday Gold managed to break above $1300. The yellow metal has therefore broken above 8 year bearish channel in a weekly closing basis. The break also allows the metal to close back above the ascending trend support...

Elliott Wave Analysis: NIKKEI Rallies With The Right Side

by elliottwave-forecast.com | January 27, 2019 2:36 pm
Welcome traders, today we look at a couple of 1 hour NIKKEI charts and its price action within 3 consecutive days. The following analysis will show how profitable and efficient it can be to trade with our philosophy...

Elliott Wave View: Alibaba Ending 5 Waves Move

by elliottwave-forecast.com | January 27, 2019 2:36 pm
Elliott Wave view in Alibaba (Ticker: BABA) suggests the rally from 12/24/2018 low is unfolding as an impulse Elliott Wave structure where wave ((3)) ended at $159.49. Wave ((4)) pullback ended at $150.17 as a double three Elliott...

EURUSD : Will Pair Break Lower?

by elliottwave-forecast.com | January 24, 2019 6:53 pm
EURUSD Technical Analysis January 23/2019 EURUSD : Bearish market patterns can be seen on the Daily chart. In the chart below there are bearish patterns that have already triggered SELLS. The blue bearish pattern triggered SELLS at...

Apple Forecasting The Elliott Wave Bounce

by elliottwave-forecast.com | January 24, 2019 6:46 pm
In this technical blog, we are going to take a look at the past performance of Apple ticker symbol: $AAPL, 1 hour Elliott Wave charts that we presented to our clients. We are going to explain the structure and...

Is S&P 500 Ready to Make All-Time High?

by elliottwave-forecast.com | January 24, 2019 6:35 pm
S&P 500 formed a significant high at 2947 on Sept 21, 2018 after a 342% rally in 10 years. During the entire rally from year 2009 low, there was no major correction in the Index, that is...

Elliott Wave View: Gold In Consolidation Before a Break Higher

by elliottwave-forecast.com | January 24, 2019 6:28 pm
Short term Elliott Wave view in Gold suggests the rally to $1298.03 ended wave (W). The yellow metal is now correcting the cycle from August 16, 2018 low within wave (X) in 3, 7, or 11 swing....

PALLADIUM Forecasting The Rally & Buying The Dips

by elliottwave-forecast.com | January 23, 2019 8:17 pm
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of Palladium Futures, published in members area of the website. As our members know, the commodity has had...

TSLA Leading Stocks Lower

by elliottwave-forecast.com | January 23, 2019 7:40 pm
The current price action and Elliott wave analysis suggest further declines for TSLA shares. Not even a full month into the new year TSLA shares have already seen 2 large declines. The first drop was blamed on...

Eurostoxx Elliott Wave Provides Timing to Buy The Indices

by elliottwave-forecast.com | January 23, 2019 7:24 pm
Last week, we talked about the Grand super cycle and Super cycle from 2009 low in UK FTSE and explained how it was supporting the idea of buy in the dips in the World Indices. In this...