Elliott Wave View: EURJPY Has Resumed Lower

by elliottwave-forecast.com | April 3, 2020 3:41 pm
Short term Elliott Wave view in EURJPY suggests the decline from January 14, 2020 high is unfolding as a 5 waves impulse structure. Down from Jan 14 high, wave (1) ended at 116.13 and wave (2) bounce...

Sugar Elliott Wave View: Selling The Wave 4 Bounce

by elliottwave-forecast.com | April 2, 2020 3:56 pm
In this technical blog, we are going to take a look at the past performance of 1 hour Elliott Wave Charts of Sugar, which we presented to members at elliottwave-forecast. In which, the decline from February 2020 peak, showed the lower low...

Elliott Wave View: EURAUD Can See More Downside

by elliottwave-forecast.com | April 2, 2020 3:55 pm
EURAUD shows incomplete sequence from March 19, 2020 high, favoring further downside. The internal of the decline from March 19 (1.98) high is unfolding as a double three Elliott Wave structure. Down from 1.98 high, wave ((W))...

Expedia: The Stock Shows Classic Elliott Wave Pattern

by elliottwave-forecast.com | April 1, 2020 4:21 pm
Expedia is showing a well-defined Elliott Wave pattern across the market place. The Elliott Wave Principle is a form of technical analysis which we use to analyze price action and forecast the future path. Ralph Nelson Elliott...

Elliott Wave View: EURUSD Bounce May Extend

by elliottwave-forecast.com | April 1, 2020 4:20 pm
EURUSD shows an incomplete sequence from Feb 16, 2018 high favoring further downside while below March 9 high (1.1496). Near term, the decline from March 9, 2020 high (1.1496) ended wave ((1)). Bounce in wave ((2)) is...

Intel ($INTC): Strength before more weakness

by elliottwave-forecast.com | April 1, 2020 4:19 pm
Intel is a very important component for the Semiconductor industry.  It is the #2 holding in in both the SOXX ETF, and the SMH ETF.  With such a strong weighting in the overall sector, it has much...

SEKJPY Breaks below September 2019 to Resume The Decline

by elliottwave-forecast.com | April 1, 2020 4:18 pm
Back in October 2019, we mentioned that SEKJPY had reached extreme area down from September 2017 peak and should bounce soon in 3 or 7 swings which should fail for more downside. In this article, we will...

Stocks: When Grass Looks Greener on the Other Side of the … Pond

by ForexCycle.com | April 1, 2020 2:53 am
By Elliott Wave International Let’s start by establishing that the stock market is not driven by the news. Aggregate stock prices are driven by waves of optimism and pessimism — which go from one extreme to another...

$FP : Pattern of Total stock can be the key for investors

by elliottwave-forecast.com | March 31, 2020 4:07 pm
Total SA is traded under tickers $FP @ Euronext and $TOT @ NYSE. It is of particular interest today as the world indices are dropping in a straight down mode. Hereby, Total may provide clues to identify the...