Walmart (NYSE: WMT) Looking to Find Buyers During Pullbacks

by elliottwave-forecast.com | January 17, 2020 4:13 pm
In today’s article, we’ll be taking a look at the current Elliott Wave Structure for the world’s largest retailer Walmart (NYSE: WMT). Since August 2019, WMT rallied within an impulsive 5 waves advance which took the stock to...

Elliott Wave View: Russell Impulsive Rally In Progress

by elliottwave-forecast.com | January 17, 2020 4:12 pm
Russell 2000 (RTY_F) shows a 5 waves impulse Elliott Wave structure from August 26, 2019 low. In the 45 minutes chart below, we can see wave (4) of the impulse structure ended at 1627.3. The Index has resumed...

Swiss Franc Strengthens After Being Added Back to US Watch List

by elliottwave-forecast.com | January 16, 2020 2:58 pm
Swiss Franc strengthens on Tuesday, January 14 2020, after the US Treasury Department added Switzerland to its watch list for countries labelled as “currency manipulator” alongside other countries such as Germany, Ireland, Italy, Japan, Malaysia, Singapore, South...

Soybean May Benefit From US – China Phase 1 Trade Deal

by elliottwave-forecast.com | January 16, 2020 2:57 pm
With the official signing of Phase 1 trade deal between US and China today, we may have seen the worst in Soybean’s market at least in the short term. This of course assumes that China can commit...

Elliott Wave View: Nasdaq Short Term Support

by elliottwave-forecast.com | January 16, 2020 2:55 pm
Elliott Wave view on Nasdaq (NQ_F) suggests the rally from October 3, 2019 low is unfolding as a 5 waves impulse Elliott Wave structure. In the 45 minutes chart below, wave (3) of the impulse structure ended at...

FCX Elliott Wave View: Buying The Wave 4 Pullback

by elliottwave-forecast.com | January 16, 2020 2:54 pm
In this technical blog, we are going to take a look at the past performance of 1 hour Elliott Wave Charts of FCX, which we presented to members at elliottwave-forecast. In which, the rally from 9 October 2019, showed an impulse sequence...

Elliott Wave View: Bitcoin (BTCUSD) Near The End of 5 Waves Rally

by elliottwave-forecast.com | January 15, 2020 4:11 pm
Elliott Wave view on Bitcoin (BTCUSD) suggests the rally from December 18, 2019 low is unfolding as a 5 waves impulse Elliott Wave structure. In the 1 hour chart below, we can see wave ((iii)) of the impulse...

Strong Labor Market and High Inflation Supports Canadian Dollar

by elliottwave-forecast.com | January 14, 2020 3:33 pm
Bank of Canada will have its first rate meeting this year on January 22. Recent strong jobs data and high inflation likely allows BOC to maintain a steady rate. Latest jobs report from Canada shows a strong...

Elliott Wave View: $DAX Extending Higher

by elliottwave-forecast.com | January 14, 2020 2:49 pm
Short Term Elliott Wave view on $DAX suggests the pullback to 12886.55 ended wave (4). Index has resumed higher in wave (5) and the internal subdivides into a 5 waves impulse Elliott Wave structure. Up from wave...

Dow Jones Futures ( $YM_F ) Found Buyers & Made New All-Time High

by elliottwave-forecast.com | January 13, 2020 3:40 pm
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of Dow Jones Futures ( $YM_F ) published in members area of the Elliottwave-Forecast.com .  As our members...