Top 3 Technical Tools Part 2: Relative Strength Index (RSI)

by ForexCycle.com | August 11, 2017 4:42 am
By Elliott Wave International “There are many different forms of technical analysis. A completed Elliott wave pattern supported by additional evidence allows for more confident forecasts and higher probability trades.“ – Jeffrey Kennedy Trader and technical analyst...

FTSE 100 Elliott Wave View: Pullback expected

by elliottwave-forecast.com | August 9, 2017 10:15 am
Short term FTSE 100 ( UKX-FTSE ) Elliott Wave view suggests that Minor wave B ended on 6/30 low 7302.7 and the rally from there is unfolding as a double three Elliott wave structure where wave ((w)) ended at 7515.12 and wave ((x)) pullback...

Top 3 Technical Tools Part 1: Japanese Candlesticks

by ForexCycle.com | August 8, 2017 4:06 am
By Elliott Wave International “I always will be an Elliottician, but other technical tools have merit and are indeed worthwhile: they allow me to build a case, build a more confident reason for making a forecast and...

How to Win Against the Dangerous “Herding Impulse”

by ForexCycle.com | August 4, 2017 8:31 am
By Elliott Wave International We all love a bargain… …Except when it comes to stocks. The reason boils down to uncertainty. We know what our fruits and vegetables should cost at the grocer’s — but we’re far...

USDCAD Elliott Wave View: Correction Ended

by elliottwave-forecast.com | August 4, 2017 8:29 am
Short term USDCAD Elliott Wave view suggests the decline to 1.2411 ended Intermediate wave (3) of an Elliott Wave impulse structure from 6/2 peak. Intermediate wave (4) bounce is in progress as a flat Elliott wave structure where Minor wave A ended at 1.2576 and...

Dow E-mini Future Elliott wave calling upside

by elliottwave-forecast.com | August 3, 2017 10:52 am
In this Technical blog we are going to take a quick look at the past 1 hour Elliott Wave performance of Dow E-Mini Future (YM_F ) cycle from June 19 peak, which we presented to our clients. We are going...

EURCAD Selling Opportunity

by elliottwave-forecast.com | August 3, 2017 10:42 am
EURCAD Technical Analysis 8.1.2017 On June 13/2017 I published an article EURCAD : Sell the Bounce Bearish Pattern where I called for the pair to make another move lower after a bounce/retracement higher. EURCAD since then bounced and continued...

USDCAD Elliott Wave View: Flat correction

by elliottwave-forecast.com | August 3, 2017 10:30 am
Short term USDCAD Elliott Wave view suggests the decline to 1.2411 ended Intermediate wave (3) of an Elliott Wave impulse structure from 6/2 peak. Intermediate wave (4) bounce is in progress as a flat Elliott wave structure where Minor wave A ended at 1.2576 and...

US Dollar to stay soft in 2017

by elliottwave-forecast.com | August 2, 2017 10:12 am
The USD Index has dipped over 9% this year. The weakness in US Dollar has been broad-based and consistent against all major currencies. The Dollar Index closed fifth straight month in losses , something which hasn’t happened since...