USDMXN: Multi Year Consolidation Should Break Lower
USDMXNÂ has been within a multi-year consolidation. Since 2017 peak the pair did a clear impulse lower which is based on the Elliott Wave Theory. The ideal case will be now…
$SPY: Elliott Wave Impulse Simple Rule Imply Bulls are Still in Control
The Elliott Wave Theory is famous for the 5 waves advance and 3 waves declined, as we are showing in the following chart: As we can see, there are 5…
Will XAUUSD Follow The Path of Gold vs other Major Currencies?
On Thursday, September the 26, 2019 we at Elliott Wave Forecast hosted a Free Seminar. The topic of the seminar was " Will $XAUUSD Follow The Path of Gold vs other…
Microsoft Elliott Wave View: Why It Will Be Supported Into $157.78-$172.77 Area
Many Instruments across the Market are ending the Super Cycle Degree from their 2009 lows. In this blog we will have a more in-depth view of Microsoft. With the break…
General Motors Will Provide Buying Opportunity Despite The Strike
General Motor's contract with the United Auto Workers expired late Saturday, leaving the union and company leadership to work out the next four-year contract. The situation has been all over…
The Dow Jones Transportation Index Is Sending Warnings
Hello fellow Traders. The Dow Jones Transportation Average is showing why the biggest acceleration across World Indices has already passed. The Elliott Wave Theory classic pattern is represented in the…
Why Oil Will be Supported Over The Long-Term In To $100
On Tuesday, August the 27, 2019 we at Elliott Wave Forecast hosted a Free Seminar. The topic of the seminar is Oil (CL_F). We analyze the outlook of the instrument in…
Why Silver Price Is Sending A Warning To The SPX
Hello Traders. as we always do at Elliott Wave Forecast we believe in the one Market only concept. Back in 2017, we did a blog in which we mentioned that…
Gold Elliott Wave View: $2700 Area Should Be In The Horizon
Gold has been in the very strong rally lately and many wonder why the Instrument has been trading on a very technical way. We at Elliott Wave Forecast use the…