Elliott Wave View: Further Upside Expected in Amazon

by elliottwave-forecast.com | February 11, 2020 4:45 pm
Amazon (ticker symbol: AMZN) broke above July 11, 2019 high (2035.8) a few weeks ago after reporting strong earnings. The stock now shows an incomplete bullish sequence from December 24, 2018 low favoring further upside. In the...

$INTC (Intel) Still Remains Supported Until $88.00 Area

by elliottwave-forecast.com | February 11, 2020 4:39 pm
In this article, we will look at the Elliott Wave technical path for Intel (ticker: INTC). Most world indices is still trading within the 2009 cycle and should see more upside until the cycle ends. The 2009...

IYR Forecasting The Rally & Buying The Dips At The Blue Box

by elliottwave-forecast.com | February 10, 2020 4:57 pm
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of IYR published in members area of the Elliottwave-Forecast .  As our members know,  IYR is showing incomplete...

Elliott Wave View: Pullback in Russell Should See Support

by elliottwave-forecast.com | February 7, 2020 4:40 pm
Short term Elliott wave view in Russell (RTY_F) suggests the Index ended the correction from January 17, 2020 high in wave (4) at 1609.56. It has since resumed higher in wave (5) and the internal subdivision is...

How to Shrink Market “Maybes” Down to a Minimum

by ForexCycle.com | February 7, 2020 1:57 pm
By Elliott Wave International No analytical method can offer 100% clarity about the market’s future. Yet critics of technical analysis, particularly Elliott waves, say that popular technical methods fail if they don’t do just that. Of course,...

AUDJPY Forecasting The Bounce From The Blue Box Area

by elliottwave-forecast.com | February 6, 2020 4:58 pm
In this blog, we are going to take a look at the Elliottwave chart of AUDJPY.  The rally from August 26, 2019 unfolded as 5 waves impulsive move up in wave (A) as a leading diagonal.  Based...

Amazon Soared After Q4 Earnings Beat

by elliottwave-forecast.com | February 6, 2020 4:57 pm
Amazon (ticker: AMZN) recently reported Q4 2019 earnings. The result of $45.7 billion online sales surpassed the Q4 2018 number of $39.8 billion. The company also announced they currently have over 150 million Prime subscribers globally. In...

CHFJPY Buying Elliott Wave Blue Boxes At Extreme Area

by elliottwave-forecast.com | February 6, 2020 4:55 pm
In this technical blog, we are going to take a look at the past performance of CHFJPY, 1-Hour Elliott wave Charts that we presented to our members. In which, the rally from October 2019 lows showed an impulse structure called for...

Elliott Wave View: Nikkei Has Resumed Higher

by elliottwave-forecast.com | February 6, 2020 4:54 pm
Short term Elliott wave view in Nikkei (NKD_F) suggests the Index ended the correction from December 17, 2019 high in wave ((4)) at 22628. The Index has resumed higher in wave ((5)) although it still needs to...