GBPJPY Sellers in Control | Elliott Wave Forecast
Short term Elliott wave view in GBPJPY favors further downside due to the 5 swing sequence from Jan 26 high (144.84). We are calling the structure of the decline from…
Elliott Wave View: Gold Buyers Should Appear Soon
Elliott wave view in Gold suggests that rally from August 16, 2018 low ($1160.37) is unfolding as an Elliott Wave Impulse structure. Rally to $1326.53 ended wave (3). Wave (4)…
Elliott Wave View: Further Rally in Nikkei Favored
Short-term Elliott wave view in Nikkei suggests that the Index has ended correction at 20169 as wave ((X)) and starts a new leg higher. Decline to 20169 on 8 February…
Elliott Wave View Favors More Downside in GBPUSD
GBPUSD short-term Elliott wave view suggests that the rally to 1.322 on Jan 26, 2019 ended wave ((X)). Decline from there is unfolding as a 5 waves impulse Elliott Wave…
Has S&P E-Mini Futures (ES_F) Formed Secondary High?
Recall in our previous article we said U.S. Indices, specifically S&P 500 E-Mini Futures (ES_F), likely won't break last year's high yet. From the technical side, the chart below shows…
Elliott Wave Expects Limited Pullback in Oil
Elliott Wave view calls the rally in Oil to $54.24 ending wave ((A)). From there, the pullback ended with wave ((B)) at $51.37. Internal of wave ((B)) takes the form…
Elliott Wave View Expects Exxon Mobil To Rally
Elliott Wave view in Exxon Mobil (ticker: XOM) suggests that the rally from December 26, 2018 low ($64.65) is unfolding as Elliott Wave zigzag. The first leg of the zigzag…
Elliott Wave View: Gold Should Continue Higher
Elliott Wave view in Gold suggests the pullback to $1276.64 ended wave 4. Internal of wave 4 unfolded as a zigzag Elliott Wave structure. Wave ((a)) of 4 ended at…
Elliott Wave View Expects Tesla Rally to Fail
Elliott Wave view in Tesla (Ticker: TSLA) suggests the rally to $352.09 ended wave ((2)). This suggests the stock is in an impulsive Elliott Wave structure to the downside. Wave…