Trade War Concern May Continue to Pressure Australian Dollar
Last Friday Australian Dollar dipped to a two-and-a-half-year low after it broke blow 71 US cents due to a rising US Dollar and escalation in US-China trade wars. The last…
Tesla Shares Tumbled as Senior Executives Leave
Tesla shares (TSLA) dropped sharply to as much as 10% to $252.25 in New York after the company disclosed that its chief accounting officer is resigning after less than a…
Market Participants Betting on Nafta Deal between US and Canada
The Canadian Dollar strengthened to a two month high against US Dollar earlier this week. Market participants seem to bet on possible inclusion of Canada in a new Nafta pact.…
AUDUSD Elliott Wave View: Downside Pressure Remains
Elliott Wave view on AUDUSD suggests that the decline to 0.7199 ended Intermediate wave (W). Intermediate wave (X) rally appears complete at 0.7382. The internal of Intermediate wave (X) unfolded…
AUDNZD Elliott Wave View: Further Downside Expected
AUDNZD Short-term Elliott Wave view suggests that the rally to 1.1066 ended Minor wave X. The internal subdivision of Minor wave X is unfolding as a zigzag Elliott Wave structure…
AT&T Elliott Wave View: Rallying as Impulse with Nest
AT&T (ticker symbol T) Short-term Elliott Wave view suggests that the pullback to $31.76 ended Minor wave 2. The stock is rallying from there within Minor wave 3 as an…
Dow Futures Elliott Wave View: Pullback Should Find Support
Short-term Elliott Wave view on YM_F (Dow Futures) suggests that the pullback to 24956 low ended Minor wave 4. Up from there, Index is rallying within Minor wave 5 to…
Trading Elliott Wave Charts with the Right Side Tag and Blue Boxes
Simplifying Elliott Wave Analysis for Traders One of our goals at Elliottwave-Forecast is to figure out the best way to present Elliott Wave charts in such a way that non-technical…
Poundsterling Remains Weak Despite BOE Rate Hike
Poundsterling Slumped after Rate Hike Decision The Bank of England raised benchmark interest rate to 0.75% with unanimous 9-0 vote. Poundsterling initially rallied but subsequent press briefing reversed those early…
