Short 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 […]

Short 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 […]

In 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 […]

In 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 […]