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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FXE Longer Term Cycles and Elliott Wave
Read MoreFXE Longer Term Cycles and Elliott Wave Firstly as seen on the weekly chart shown below the instrument made a high in April 2008. There is data back to December 2005 in the ETF fund. Data correlated in the EURUSD foreign exchange pair suggests the high in April 2008 was the end of a cycle up […]
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Elliott Wave View: Nikkei Should Extend Higher
Read MoreElliott Wave view in Nikkei (NKD_F) suggests that the Japanese Index ended wave (4) on December 3 at 22898. This is part of a bigger impulsive 5 waves rally from August 25, 2019 low (not shown on the chart). Up from August 25, 2019 low, wave (1) ended at 21970, wave (2) pullback ended at […]
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CHFJPY Calling the Rally After Double Three Elliott Wave Correction
Read MoreIn this blog, we are going to look at the recent developments in CHFJPY forex pair. CHFJPY rally from 10.4.2019 (106.72) to 10.21.2019 (110.39) was in 3 waves and unfolded as a zigzag Elliott wave structure. Then pair pulled back to correct the cycle from 10.4.2019 low, it did 3 waves back to 109.11 but […]
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AUDUSD Forecasting The Rally After Double Three Pattern
Read MoreIn this technical blog we’re going to take a quick look at the Elliott Wave charts of AUDUSD published in the membership area of the elliottwave-forecast . As our members know, AUDUSD recently gave us rally within the short term cycle from the 11/29 low . We got 3 waves pull back , that unfolded […]