$USDSEK and $USDMXN Holding the $USDX

by elliottwave-forecast.com | May 10, 2023 7:25 pm
The $USDX peaked back on 09.29.2022. Since then, the Index has been dropping. The Index is at risk of ending the cycle since the lows back in 2008. This means a huge selling could be happening now....

$IBM Will Soon See Buyers

by elliottwave-forecast.com | May 10, 2023 6:55 pm
$IBM has been trading sideways since it peaked on 02.01.2017. It still has not reached the target at the $82.36 area. This article on 11.2020 shows the target area and and the most likely path at that moment. Since...

Will TD Bank ($TD) React Lower from our Blue Box Area?

by elliottwave-forecast.com | May 9, 2023 6:35 pm
Hello Traders! Today, we will look at the shorter cycles of Toronto-Dominion Bank ($TD) and explain why the stock should soon reach a Blue Box area and react lower. First of all, This is how we saw it...

NQ_F: Wave (ii) Found Support From Equal Legs Area

by elliottwave-forecast.com | May 9, 2023 6:22 pm
Hello Traders, in this article we will analyze our forecast of the Nasdaq Futures in the short term cycle. Since the short term peak of NQ_F from 05.01.2023 to end wave (i) we have been expecting a...

DE (Deere & Company) Favors Weakness In Flat Correction

by elliottwave-forecast.com | May 9, 2023 6:10 pm
Deere & Company manufactures & distributes various equipment worldwide. The company operates through four segments: Production & Precision Agriculture, small Agriculture & Turf, Construction & Forestry, & Financial services. The company is based in Illinois, US, comes...

USDX Forecasting The Decline After Elliott Wave Double Three

by elliottwave-forecast.com | May 9, 2023 5:43 pm
Hello fellow traders. In this technical article we’re going to take a look at the Elliott Wave charts charts of Dollar index published in members area of the website.  As our members know USDX has recently  made...

More Banks Could Collapse — A Lot More

by ForexCycle.com | May 9, 2023 1:57 pm
By Elliott Wave International It’s sobering to reflect on the fact that the second, third and fourth largest bank failures in U.S. history have all occurred in just the past few months. They are First Republic, Silicon...

Johnson & Johnson (JNJ) Shares Are Entering In A Bull Trap

by elliottwave-forecast.com | May 8, 2023 5:32 pm
Johnson & Johnson (JNJ) is an American multinational corporation founded in 1886 that develops medical devices, pharmaceuticals, and consumer packaged goods. Its common stock is a component of the Dow Jones Industrial Average, and the company is...

$KGH: Metals Producer KGHM Reacting Higher from Bluebox Area

by elliottwave-forecast.com | May 8, 2023 5:12 pm
KGHM Polska Miedź S.A. is a multinational corporation which has its headquarters in Lubin, Poland. Traded under tickers $KGH at WSE and $KGHPF in US in form of ADRs, it is a component of the WIG30 index. KGHM has...

Procter & Gamble (NYSE: PG) Poised for Growth as Demand Soars!

by elliottwave-forecast.com | May 5, 2023 5:39 pm
Procter & Gamble Co (NYSE: PG), a household name in consumer goods, has been a staple in many homes for generations. From Crest toothpaste to Tide laundry detergent, P&G’s products are ubiquitous and trusted by millions. But...