Zynga (NASDAQ: ZNGA) – Starting New Bullish Sequence

by elliottwave-forecast.com | February 4, 2019 8:46 pm
Zynga (NASDAQ: ZNGA) is a video game developer company focused on social mobile gaming. With popular games like FarmVille and Zynga Poker, the American publisher managed to stand out in a crowded market. In the recent decade,...

Yen Strength to Channel AUDJPY Lower

by elliottwave-forecast.com | January 30, 2019 4:46 pm
Over the next few weeks Japanese Yen strength should drive prices of AUDJPY lower within a downward sloping channel. The current incomplete Elliott Wave structure also supports this expectation of further downside. In this article we’ll explore...

NZDUSD : Watch Reversal Zone for Another Move Higher

by elliottwave-forecast.com | January 30, 2019 4:25 pm
NZDUSD Technical Analysis January 29/2019 NZDUSD remains bullish as long as the January 22/2019 low remains untouched. If you read the article, NZDUSD : Possible Bullish Patterns, published on December 19/2018 you will already know that we...

Elliott Wave View: Gold Should Continue Higher

by elliottwave-forecast.com | January 30, 2019 4:11 pm
Elliott Wave view in Gold suggests the pullback to $1276.64 ended wave 4. Internal of wave 4 unfolded as a zigzag Elliott Wave structure. Wave ((a)) of 4 ended at $1276, wave ((b)) of 4 ended at...

Elliott Wave View Expects Tesla Rally to Fail

by elliottwave-forecast.com | January 29, 2019 7:02 pm
Elliott Wave view in Tesla (Ticker: TSLA) suggests the rally to $352.09 ended wave ((2)). This suggests the stock is in an impulsive Elliott Wave structure to the downside. Wave ((3)) is in progress and the subdivision...

Alibaba : Elliott Wave Running Flat Taking Place

by elliottwave-forecast.com | January 29, 2019 6:49 pm
We believe Alibaba will see more downside based on a sequence which started on 6.5.2018 high. It is showing an extra swing at 12.24.2018. This low can be counted as swing number 9 in Blue or beginning...

$IBEX Short Term Bullish Sequence Calling The Rally

by elliottwave-forecast.com | January 29, 2019 6:40 pm
Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of IBEX, published in members area of the website.  As our members know, IBEX has made recently incomplete...

Starbucks (NASDAQ: SBUX) – Leading The Bull Market

by elliottwave-forecast.com | January 28, 2019 7:04 pm
Starbucks (NASDAQ: SBUX) is American coffeehouse chain and it’s also the 3rd largest fast food restaurant chain by number of locations around the world. The coffee giant boosted sales by the end of the 2018 and its revenue and...

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...