RTY_F made a sharp decline during the month of January 2022. Clients of Elliottwave-Forecast were aware that decline was nothing more than another buying opportunity and our daily chart had the range defined where we expected 3 waves decline to end and buyers to appear to resume the rally or produce 3 waves reaction higher […]

In this technical blog we’re going to take a quick look at the Elliott Wave charts of NZDUSD.  The pair has reached extremes in the cycle from the February 2021 peak. However cycle from the October 21st 2021 peak still shows incomplete sequences. Besides that, AUDUSD and USDCAD still have not reached their extremes in […]

Canadian Dollar Trust Long Term Cycles & Elliott Wave $FXC Firstly the FXC instrument inception date was 6/26/2006. The instrument tracks changes of the value of the Canadian dollar relative to the U.S. dollar. The FXC trades inversely to the USDCAD forex pair. In January 2002 the USDCAD forex pair made an all time high at […]

In our previous May 31, 2021 article on Nio (NYSE: NIO), we argued that the stock is in the process of all-time low correction. Nio is a Chinese electric car manufacturer based in Shanghai. The stock sees a meteoric rise since it debuted on  September 2018 at NYSE. We have suggested previously that due to […]