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Strong Labor Market and High Inflation Supports Canadian Dollar
Read MoreCanadian Dollar has staged a rally recently on the back of a strong jobs report. Recent strong jobs data and high inflation likely allows Bank of Canada (BOC) to maintain a steady rate this year. BOC will have its first rate meeting this year on January 22. Canadian employment report in December shows a strong […]
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Elliott Wave View: $DAX Extending Higher
Read MoreShort Term Elliott Wave view on $DAX suggests the pullback to 12886.55 ended wave (4). Index has resumed higher in wave (5) and the internal subdivides into a 5 waves impulse Elliott Wave structure. Up from wave (4) low, wave 1 of (5) ended at 13425.85. The internal subdivision of wave 1 is unfolding as […]
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Dow Jones Futures ( $YM_F ) Found Buyers & Made New All-Time High
Read MoreHello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of Dow Jones Futures ( $YM_F ) published in members area of the Elliottwave-Forecast. As our members know, INDU is showing incomplete bullish sequences in the cycle from the December 2018 low. Consequently we recommended members […]
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AMAZON ( $AMZN ) Buying The Dips At Blue Box Area
Read MoreHello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of AMAZON Stock published in members area of the Elliottwave-Forecast . As our members know, we were calling for further strength in AMAZON within the cycle from the October 25th low. We recommended members to avoid […]