USDINR: The Pair Is Sending A Warning to $USDX.

by elliottwave-forecast.com | August 3, 2020 3:41 pm
The USDX has been trending higher since the lows in 2008. However, in trading, nothing lasts forever. New traders generally do not last very long in this field, thus most traders only know a strong $USDX due to...

“Junk” Is Hot Again — Despite Warning Signs

by ForexCycle.com | August 1, 2020 8:49 am
By Elliott Wave International The demand for junk bonds is running high among global investors — again. As the Wall Street Journal noted on June 9: Europe’s riskiest corporate debt has rallied to pre-crisis levels. Elliott Wave...

$OR: Giant of Cosmetics l’Oréal Remains Strong During Lockdown

by elliottwave-forecast.com | July 31, 2020 3:21 pm
L’Oréal S.A. is the world largest cosmetics and beauty company. Headquartered in Clichy, France, the field of activities concentrates on skin care, hair color, perfume, make-up, hair care, sun protection etc.  L’Oréal is a part of Euro...

Elliott Wave View: Nasdaq Attempting for New Record

by elliottwave-forecast.com | July 31, 2020 3:18 pm
Nasdaq (NQ_F) 1 hour chart below shows that the Index has ended the correction from July 13 all-time high. The pullback unfolded as a flat Elliott Wave Structure.  From July 13 high, wave (A) ended at 10358.75 low....

Bitcoin Entered Wave Four And Offered Buying Opportunity

by elliottwave-forecast.com | July 30, 2020 4:08 pm
In this technical blog, we are going to take a look at the past performance of the 1 hour Elliott wave charts of Bitcoin ticker symbol: $BTCUSD. In which, the rally from June 27, 2020 low ( $8830)...

CHFJPY Incomplete Sequence Targeting Higher

by elliottwave-forecast.com | July 30, 2020 4:07 pm
In this blog, we are going to take a look at the Elliott Wave chart of CHFJPY. The Daily chart update below shows that the pair has continued to extend higher from October 4, 2019 low. Up...

Elliott Wave View: Tesla (TSLA) Ended Correction

by elliottwave-forecast.com | July 29, 2020 3:11 pm
Tesla (TSLA) 30 minutes chart below shows that the stock has ended the correction from July 13 peak. The decline unfolded as a zig-zag Elliott Wave Structure.  From July 13 high, wave A ended at 1450 low. The...

AUDJPY Incomplete Sequence Targeting Higher

by elliottwave-forecast.com | July 29, 2020 3:10 pm
In this blog, we are going to take a look at the Elliott Wave chart of AUDJPY. The Daily chart update below shows that the pair has continued to extend higher from March 19, 2020 low. The...

Break to New All-Time High in Gold Confirms Bullish Market

by elliottwave-forecast.com | July 29, 2020 3:10 pm
Gold has finally broken to a new record high this week, confirming the secular bull market has resumed. We know it’s a matter of time as it has made a new all time high to almost all...