Elliott Wave View Suggest More Upside in General Electric

by elliottwave-forecast.com | February 6, 2019 7:00 pm
Elliott wave view in General Electric (ticker symbol: $GE) suggests that the rally from December 11.2018 low ($6.66) is unfolding as Elliott wave zigzag structure when the first leg of a bounce ended in lesser degree 5...

Sugar: Double Zigzag Elliott Wave Structure

by elliottwave-forecast.com | February 6, 2019 6:59 pm
Many Elliott wave practitioners call every WXY structure a double zigzag structure when in reality, every WXY structure is not a double zigzag structure. In this blog, we explain the difference between a double zigzag Elliott wave...

NZDCAD : Buy the Dip for Another Push Higher

by elliottwave-forecast.com | February 6, 2019 6:59 pm
NZDCAD remains bullish as long as today’s low (0.9008) remains untouched. On the 1 hour chart there are clear visible bullish patterns that can be seen.  In the chart below, market patterns are used to determine where...

$SPY : More Volatility Still To Come Due to Market Nature.

by elliottwave-forecast.com | February 6, 2019 6:34 pm
$SPY : More Volatility Still To Come Due to Market Nature Looking at the Monthly chart of the Index, we can conclude that most Volatility is still to come. The Market by nature advances with the trend...

USDCAD: The first goal of the increase is the strike support level 1.3067

by Dmitriy Zeland | February 6, 2019 9:59 am
The “host market” cash investments in derivatives for the Canadian dollar of the CME Group exchanges amounted to $ 26 billion 429 million. The capitalization of investments decreased by 15%. The net advantage of bullish positions increased...

Elliott Wave View Suggest Another Push Higher In Facebook

by elliottwave-forecast.com | February 5, 2019 9:19 pm
Elliott wave view in Facebook (ticker symbol: $FB) suggests that the rally from December 24.2018 low ($122.55) is unfolding as Elliott wave zigzag structure. The first leg of a zigzag structure ended in wave ((A)) at $152.43...

AUDUSD: The nearest long-term support level is 0.7145

by Dmitriy Zeland | February 5, 2019 8:33 am
The total capitalization of investments in derivatives in the Australian dollar amounted to $ 19 billion 280 million. The increase in capitalization was 10%. The balance of bear positions in monetary terms amounted to $ 6 billion...

FTSE Found Buyers In Blue Box And Rallied

by elliottwave-forecast.com | February 4, 2019 8:58 pm
FTSE was correcting the cycle from the 6530.6 low,when the pull back was unfolding as Elliott Wave FLAT pattern. We expected FTSE to trade higher due to 5 waves rally in the cycle from the December 27th...

Ishares Silver Trust (SLV) Larger Cycles and Elliott Wave

by elliottwave-forecast.com | February 4, 2019 8:50 pm
Ishares Silver Trust (SLV) Larger Cycles and Elliott Wave Firstly as seen on the weekly chart shown below. There is data back to when the ETF fund was started in 2006. Data suggests the fund made a...

Zynga (NASDAQ: ZNGA) – Starting New Bullish Sequence

by elliottwave-forecast.com | February 4, 2019 8:46 pm
Zynga (NASDAQ: ZNGA) is a video game developer company focused on social mobile gaming. With popular games like FarmVille and Zynga Poker, the American publisher managed to stand out in a crowded market. In the recent decade,...