Did $UUP Begin A Bearish Sequence In The Longer Term Cycles

by elliottwave-forecast.com | December 14, 2021 5:52 pm
Did $UUP Begin A Bearish Sequence In The Longer Term Cycles Firstly the dollar tracking ETF fund UUP  inception date was 2/20/2007. Interestingly the dollar index has a low in March 2008. The UUP ETF fund shows...

USDSGD Forecasting The Path & Buying The Dips

by elliottwave-forecast.com | December 13, 2021 4:50 pm
USDSGD is another instrument that has given us trading opportunity lately . Break of 07/20 peak, has made incomplete bullish sequences in the cycle from the January low. The price structure is suggesting further rally within that...

Elliott Wave View: WIT (WIPRO) Should Expect Short Term Correction

by elliottwave-forecast.com | December 9, 2021 3:15 pm
Wipro Limited (WIT) operates as Information technology, Consulting & Business process services company globally. It operates through three main segments, IT Services, IT Products & India State Run Enterprise Services. The company is based in Bengaluru, India...

Zoom ($ZM) Playing Out As Expected

by elliottwave-forecast.com | December 7, 2021 5:52 pm
The last time I looked at this name was in June 2021.  You can view this article here.  At the time, I was expecting another swing down to take place in a larger wave II correction.  Lets take...

Renminbi Should Continue To Appreciate Against USD In Long Term

by elliottwave-forecast.com | December 7, 2021 5:22 pm
In the last years, the renminbi made a pause in his attempt to get stronger against USD dollar. On February 2014, renminbi found support at 6.0153 and from there it made a perfect zig – zag correction...

Elliott Wave View: EQH Should Expect Short Term Correction

by elliottwave-forecast.com | December 7, 2021 5:19 pm
Equitable Holdings Inc (EQH) operates as a diversified financial service through four segments, Individual retirement, Group retirement, Investment management & research & Protection solutions. It based in New York & trades under $EQH ticket at NYSE. It...

AUDUSD Shows Bearish Sequence

by elliottwave-forecast.com | December 7, 2021 5:19 pm
Commodity currencies have been in the decline this year against US Dollar as a result of market’s expectation of the Fed’s rate hiking cycle. A falling Australian Dollar will make imported products more expensive, resulting in price...

$MICEX Russian Index Longer Term Cycles and Bullish Trend

by elliottwave-forecast.com | December 7, 2021 5:17 pm
$MICEX Russian Index Longer Term Cycles and Bullish Trend The Russian index has trended higher with other world indices since inception. The index remained in a long term bullish trend cycle into the December 2007 highs. It...

ZL #F: Soybean Oil Ready for a New Cycle Higher

by elliottwave-forecast.com | December 5, 2021 11:07 pm
Soybean Oil is one of the grain & oilseed commodities, along with wheat, soybeans, corn, rice, oats and others. Just behind palm oil, it is the second most used vegetable oil, basically, for frying and baking. Also,...