This is “Anything but Positive for Housing”

by ForexCycle.com | May 17, 2022 5:06 am
By Elliott Wave International A tug-of-war between bullish and bearish forces appears to be playing out in the U.S. housing market. On the one hand, some areas of the country are still experiencing record-high home prices as...

$UHRN : Swatch Group Provides an Entry Area for a Next Rally

by elliottwave-forecast.com | May 16, 2022 3:17 pm
Swatch Group is a Swiss manufacturer of watches and jewellery. Besides the product line Swatch, the group owns brands including Blancpain, Breguet, ETA, Glashütte, Omega, Longines, Tissot, Hamilton, Certina, Rado and Harry Winston. As a matter of...

Energy Stock Continues to Outperform – OXY Bullish Outlook

by elliottwave-forecast.com | May 16, 2022 3:00 pm
The Fed has been very clear that their current mission is to reduce U.S inflation rate which is currently running at 8.3%. This is way over thier 2% target inflation rate. Two factors contribute to the high...

Will Cryptos Crash Continue? COIN Could Have The Answer

by elliottwave-forecast.com | May 16, 2022 2:37 pm
Coinbase Global, Inc., branded Coinbase (COIN), is an American company that operates a cryptocurrency exchange platform. Coinbase is a distributed company; all employees operate via remote work and the company lacks a physical headquarters. It is the largest cryptocurrency exchange in the United...

EURUSD Forecasting The Decline & Selling The Blue Box

by elliottwave-forecast.com | May 16, 2022 2:20 pm
Hello fellow traders. Another instrument that we have been trading lately is $EURUSD. In this technical blog we’re going to take a quick look at the Elliott Wave charts of EURUSD and explain the trading strategy.  As...

Stock Markets: “What Happens When the Dip Keeps Dipping?”

by ForexCycle.com | May 14, 2022 3:31 am
By Elliott Wave International It’s been a rocky road for the Dow and the S&P 500 index since the start of the year. And, even longer for the NASDAQ, which topped back in November. Indeed, speaking of...

NVDA Elliott Wave View: Selling The Extreme Blue Box Area

by elliottwave-forecast.com | May 13, 2022 2:15 pm
In this technical blog, we will look at the past performance of 1 hour Elliott Wave Charts of NVDA. In which, the decline from 29 March 2022 high unfolded as an impulse sequence and showed a lower low sequence...

Chewy.com ($CHWY) Can the lows hold?

by elliottwave-forecast.com | May 12, 2022 3:51 pm
Chewy.com is an e-commerce company that specializes in pet food.  Along with many other stocks, prices started a new cycle higher in March 2020.  Chewy is now correcting that cycle and currently going fairly deep, and threatening...

Is Bitcoin Headed to Zero?

by ForexCycle.com | May 12, 2022 1:29 am
By Elliott Wave International Charlie Munger is Berkshire Hathaway’s co-chairman, and on April 30 at the firm’s shareholder meeting, he said: [Bitcoin] is stupid because it’s very likely to go to zero. Berkshire Hathaway chairman Warren Buffet...