Brent Crude (BZ) Still Looking for Bottoming Sign
Brent Crude (BZ) is the leading global price benchmark for Atlantic basin crude oils. It is used to set the price of two-thirds of the world's internationally traded crude oil supplies.…
Elliott Wave View Suggests Silver (XAGUSD) Correction Still Ongoing
Silver (XAGUSD) ended cycle from 3.10.2023 with wave 1 at 26.08 as the 45 minutes chart below shows. The metal is now correcting cycle from 3.10.2023 low in wave 2.…
ZL #F: Soybean Oil Provides a Long Opportunity in 3 Swings Pullback
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…
CL_F (Crude Oil) Looking To Complete Impulse Elliott Wave Sequence Before Pullback Starts
CL_F (Crude Oil) favors higher in 5 wave Impulse Elliott Wave sequence as wave 1 before pullback starts. It placed (B) at $64.12 low on 3/20/2023. Above (B) low, it…
Gold (XAUUSD) Elliott Wave Bullish Sequence Favors Higher
Gold (XAUUSD) broke above the previous peak on February 2, 2023 at 1959.74. It shows a bullish sequence from 9.28.2022 low favoring further upside. A 100% - 161.8% Fibonacci extension…
Silver (XAGUSD) Breaks Higher and Forms Elliott Wave Bullish Sequence
Silver (XAGUSD) broke above the previous peak on 2.2.2023 high ($24.62). As a result, it now shows a bullish sequence from 9.1.2022 low favoring further upside. A 100% - 161.8%…
HG_F: Copper Futures – Reaction Higher from Equal Legs Area
Hello Traders, in this article we will analyze how we were able to forecast here at Elliott Wave Forecast the reaction higher in HG_F (Copper Futures). Firstly, copper was trading…
Gold to Silver Ratio Has Started the Next Bearish Leg
With tense geopolitical situation between two world super powers, ongoing war, and banking crisis, there's no shortage of black swan events. Gold and Silver have performed very well in this…
HE #F: Lean Hogs Reacting Higher from Blue Box Area
Lean Hogs is a livestock commodity within the agriculture asset class, along with live cattle, feeder cattle and pork cutouts. One can trade Lean Hogs futures at Chicago Mercantile Exchange…
