CHFJPY – Taking Advantage of Weakening Yen

by elliottwave-forecast.com | June 27, 2022 3:43 am
We saw a surge in the market in CHFJPY last week. First time since 2007, SNB have increased their interest rate by 50 basis points. This occurred as soon as the FED raised their interest rates.  Therefore,...

USDNOK – Dollar Sees a Reaction from Blue Box

by elliottwave-forecast.com | June 27, 2022 3:29 am
We have been pretty bullish on the USDNOK throughout the year and Dollar has more strength to come to support this pair. Recently, we posted a trade idea on USDNOK that the market was correcting in a...

Who (or What) Is Really in Charge of Bitcoin’s Price Swings?

by ForexCycle.com | June 25, 2022 7:29 am
By Elliott Wave International I’m not ashamed to admit I have the technological intelligence of an Eggo waffle. So, when my computer bugged out the other day, I called the IT department at work. The tech wizard...

XOM Elliott Wave View: Soon Longs Should Be Risk Free

by elliottwave-forecast.com | June 22, 2022 1:49 pm
In this technical blog, we will look at the past performance of the 4hr Elliott Wave Charts of XOM. In which, the rally from the 23 March 2020 low is unfolding as an impulse and showed a...

10-Year U.S. Treasury Yield: Anticipating the Rising Trend

by ForexCycle.com | June 22, 2022 12:53 pm
By Elliott Wave International On June 14, the yield on the 10-year U.S. Treasury note surpassed 3.45% — its highest level in more than 11 years. Keep in mind that the lowest intraday reading for the yield...

$CT #F: How to Buy Pullback in Big Rally of Cotton Prices?

by elliottwave-forecast.com | June 21, 2022 4:28 pm
Cotton is one of soft commodities, along with sugar, coffee, orange juice and cocoa. In early centuries, Alexander the Great has brought cotton from Pakistan to Europe. Much later and finally, it has obtained the dominance in textile manufacturing during...

BX – Correction Expect to Continue Before Rally Resumes

by elliottwave-forecast.com | June 20, 2022 2:17 pm
Blackstone Inc., (BX) is an alternative asses management firm specializing in real estate, private equity, hedge fund solutions, credit, secondary funds of funds, public debt & multi-asset class strategies. The firm typically invests in early stage companies....

How We Saw Algorand Cryptocurrency (ALGO) And What To Expect

by elliottwave-forecast.com | June 20, 2022 1:59 pm
Algorand is a proof-of-stake blockchain cryptocurrency protocol. Algorand’s native cryptocurrency is called ALGO. It was founded in 2017 by Silvio Micali, a professor at MIT, composed of a company and a foundation. Algorand Foundation manages ecosystem growth,...