Platinum (PL) Searching for Bottom

by elliottwave-forecast.com | November 7, 2022 7:18 pm
Platinum (PL) continues to trade sideways and the metal is in the process of forming an important low before the next major bullish cycle starts. The Federal Reserve has aggressively hiked rates multiple times, creating a sideways...

Is A New Bullish Cycle Starting in DOGEUSD From June Low?

by elliottwave-forecast.com | November 7, 2022 7:08 pm
DOGEUSD promotes the currency as the “fun and friendly Internet currency”. Software engineers Billy Markus and Jackson Palmer launched the satirical cryptocurrency to make fun of Bitcoin and the many other cryptocurrencies boasting grand plans to take over the...

Nike Inc. ($NKE) Perfect Reaction Lower from Blue Box Area.

by elliottwave-forecast.com | November 7, 2022 6:37 pm
Good day Traders and Investors. In today’s article, we will look at the past performance of 4 Hour Elliottwave chart of Nike Inc. ($NKE). The decline from 08.16.2022 high unfolded as 5 swings which created a bearish...

Why Investors in U.S. Treasuries Face Major Risk

by ForexCycle.com | November 5, 2022 6:15 am
By Elliott Wave International The market for U.S. Treasuries is the biggest bond market in the world, and it appears that potentially big trouble may be afoot. Earlier this month, none other than the U.S. Treasury Secretary...

Gold: Forecasting The Next Move After 5 Waves Decline

by elliottwave-forecast.com | November 2, 2022 4:14 pm
In this technical blog we’re going to take a look at some Elliott wave charts of yellow metal (Gold) published in members area of the website.  Gold formed a high on October 4, 2022 (1729.46) and started...

Meta ( Facebook ) Perfect Reaction Lower Taking Place

by elliottwave-forecast.com | November 1, 2022 3:30 pm
In this technical blog, we will look at the past performance of 4-hour Elliott Wave Charts of META. In which, the decline from 21 July 2022 high unfolded as an impulse sequence and showed a lower low sequence within...

TX : Expect Correction To Extend Downside Before Turning Higher

by elliottwave-forecast.com | October 31, 2022 4:37 pm
Ternium S.A. (TX) through its subsidiaries, manufactures & processes various steel products in Mexico, Brazil, US & other countries. It operates through two segments, Steel & Mining. The company founded in 1961 & based in Luxembourg. It...

Amazon $AMZN Elliott Wave: Calling For A Further Decline

by elliottwave-forecast.com | October 31, 2022 4:20 pm
Hello fellow traders. As our members know, Amazon stock has completed 5 waves structure in the cycle from the 146.61. We were calling for a 3 waves bounce against the mentioned high after which we expected the...

GDXJ Looking to Form Bottom

by elliottwave-forecast.com | October 31, 2022 3:58 pm
Gold and related miners continue to suffer a setback as the Fed continues its aggressive rate hike to combat inflation. However, there’s recent indication that the world’s central banks may reduce the pace of the hike due...