A lot has been said and written about both the Democrat and Republican economic plans for a better economy. We believe in free enterprise and limited regulation, allowing humans to create and expand at their own will for the better but there is a vast difference between the two parties regarding the economic agenda. Most […]
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AUDUSD Elliott Wave Forecast 12.15.2016
Read MoreShort Term AUDUSD Elliott wave forecast suggests that the decline to 0.7306 on 11/21 low ended wave (X). Up from there, pair is rallying as a double three structure where wave ((w)) ended at 0.749, wave ((x)) ended at 0.736, and wave ((y)) of W is proposed complete at 0.7525. Pair is currently in wave X […]
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AUDUSD Elliott Wave Forecast 12.14.2016
Read MoreShort Term AUDUSD Elliott wave forecast suggests that the decline to 0.7306 on 11/21 low ended wave (X). Up from there, pair is showing a 5 swing sequence from 11/21 low and suggest more upside. Rally from 11/21 low is unfolding as a double three structure where wave ((w)) ended at 0.749 and wave ((x)) ended […]
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Forecasting the rally in DAX Index
Read MoreIn this technical blog, we will take a look at some charts of DAX Stock Index presented to clients of Elliottwave-Forecast.com over the last few weeks. For the last few months EWF members knew that Global Indices had been in a bullish cycle and it offered some nice buying opportunities in the dips in 3, 7 or […]
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CL_F rally will benefit Canadian Dollar
Read MoreIn November 30, the OPEC members agreed to cut oil production by 1.2 million barrels causing a 9.3% rally in CL_F. Since then, U.S. crude futures continued to rally and took out the previous high of the year made on October 18 at $50.78. We’ve suggested that from technical point of view, CL_F is showing […]