Shopify (NYSE:SHOP) – Bulls Looking To Remain In Control

by elliottwave-forecast.com | May 19, 2020 3:17 pm
Shopify (NYSE: SHOP) is one of the best performing technology stocks since its IPO back in 2015. As electronic commerce boomed in recent years, SHOP saw an enormous gain in value up to 2900% punting the stock as one...

Elliott Wave View: SPY Has Resumed Wave 3 Higher

by elliottwave-forecast.com | May 19, 2020 3:16 pm
Short Term Elliott Wave view in SPY (S&P 500 ETF) suggests the rally from 3.23.2020 ended at 296.77 as wave ((1)). Pullback in wave ((2)) is proposed complete at 273.07 as the 30 minute chart below shows....

$SAP : Software Corporation SAP Can Continue Higher

by elliottwave-forecast.com | May 18, 2020 3:26 pm
SAP SE  is a multinational corporation which is well known as a producer of the enterprise software being used in managing business operations and customer relations. Founded in 1972 and headquartered in Walldorf, Germany, the company’s most...

EURGBP : Market Patterns Calling the Move Higher

by elliottwave-forecast.com | May 18, 2020 3:25 pm
EURGBP Technical Analysis On May 5/2020 I posted on social media (Stocktwits/Twitter) @AidanFX  “$EURGBP will be watching for possible buying opportunities.” EURGBP 1 Hour Chart May 8.2020 : The charts below was also posted on social media (StockTwits/Twitter) @AidanFX...

Divergence Trading Patterns

by elliottwave-forecast.com | May 18, 2020 3:23 pm
Divergence trading patterns can signal traders of possible trade setups. There are 2 types of divergence patterns, regular divergence and hidden divergence. Both patterns can signal a trader on which side to trade the market. A divergence pattern...

Global Insights You Need to Know Now

by ForexCycle.com | May 16, 2020 2:55 am
You want your portfolio to make it through this crisis in one piece. Maybe even gain, if at all possible. But the opinions you’re hearing are all over the map. There is no precedent in modern investment history....

BABA Found Buyers After Elliott Wave Zig Zag Pattern

by elliottwave-forecast.com | May 15, 2020 3:50 pm
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of BABA stock, published in members area of the website.  As our members know, BABA has been reacting...

Elliott Wave View: Pound Sterling in a New Impulsive Lower

by elliottwave-forecast.com | May 15, 2020 3:49 pm
The decline in Pound Sterling from 4.15.2020 high is unfolding as a 5 waves impulsive Elliott Wave structure, Down from 4.15,2020 high, wave 1 ended at 1.2245 and bounce in wave 2 ended at 1.2643. Wave 3...

$FXY Elliott Wave & Longer Term Cycles

by elliottwave-forecast.com | May 14, 2020 3:25 pm
$FXY Elliott Wave & Longer Term Cycles Firstly the $FXY instrument inception date was 2/12/2007. The instrument tracks changes of the value of the Japanese Yen versus the US Dollar. There is plenty of data going back...

GE Elliott Wave View: Forecasting Sellers At Blue Box Area

by elliottwave-forecast.com | May 14, 2020 3:24 pm
In this technical blog, we are going to take a look at the past performance of GE 1-Hour Elliott wave Charts. That we presented to our members. In which, the decline from the 3/26/2020 peak is taking...