USDJPY: Forecasting the Rally Based on Elliott Wave Structure

by elliottwave-forecast.com | June 3, 2020 3:54 pm
USDJPY extended the rally this week and exceeded the peak seen on 20th May 2020. In this article, we would look at the forecast from start of the week and how we called it higher. We will...

GBPAUD: Saw Sellers At The Elliott Wave Blue Box Area

by elliottwave-forecast.com | June 2, 2020 3:54 pm
In this technical blog, we are going to take a look at the past performance of GBPAUD, 1-Hour Elliott wave Charts that we presented to our members. But before looking into the Charts, we need to understand the market nature...

Elliott Wave View: Further Downside in GBPAUD

by elliottwave-forecast.com | June 2, 2020 3:53 pm
Elliott Wave View in GBPAUD suggests the decline from 5.4.2020 high is unfolding as a 5 waves impulsive Elliott Wave structure. Down from 5.4.2020 high, wave 1 ended at 1.8943 and bounce in wave 2 ended at...

Deflation: Why the “Japanification” of the U.S. Looms Large

by ForexCycle.com | June 2, 2020 2:34 am
By Elliott Wave International The U.S. faces the prospect of a Japan-like deflation. Let’s begin with a brief review of Japan. Here’s a chart and commentary from the 2020 edition of Robert Prechter’s Conquer the Crash: Japan...

Fortinet Inc (NASDAQ: FTNT) Bullish Sequence Supporting the Stock

by elliottwave-forecast.com | June 1, 2020 3:52 pm
Fortinet Inc (NASDAQ: FTNT) ended it’s initial bullish cycle from 2009 low after it rallied within an impulsive 5 waves advance which reached a pea at $121.8 peak on February of this year. The multinational corporation gained a total of...

GOOGLE (GOOGL) Elliott Wave Forecasting The Path

by elliottwave-forecast.com | June 1, 2020 3:52 pm
In this technical blog we’re going to take a quick look at the Elliott Wave charts of GOOGL, published in members area of the website.  The stock is trading within the cycle from the March 1009.6 low....

Think Coronavirus Caused the Crash? These Two Charts Beg to Differ

by ForexCycle.com | May 30, 2020 1:02 am
By Elliott Wave International Just about everyone thinks the coronavirus pandemic slammed global stock prices in February and March. Entire countries shut down; businesses closed up shop; unemployment soared. People stopped spending money beyond the essentials, so...

EURCAD Incomplete Bearish Sequence Pointing Lower

by elliottwave-forecast.com | May 29, 2020 4:20 pm
In this blog, we are going to take a look at the Elliott Wave chart of EURCAD.  The 4 hour chart update from May 29 shows that the pair has continued to extend lower from March 19...

$DIS: Disney Parks Ready to Open, Stock Turning Higher

by elliottwave-forecast.com | May 29, 2020 4:20 pm
Like most stocks around the world. Walt Disney Company (ticker: DIS) took a dip earlier in the year. The decline was expected across the world markets at one point during 2020, but we believe the market has...

Elliott Wave View: Rally in ASX 200 (XJO) Should Extend

by elliottwave-forecast.com | May 29, 2020 4:19 pm
After forming the low on 3.23.2020 low, ASX 200 (XJO) starts a new leg higher. Short term Elliott Wave chart below suggests that the rally from 3.23.2020 low is unfolding as a 5 waves impulsive Elliott Wave...