APPLE ticker symbol: AAPL short-term Elliott wave view suggests that the rally to $229.67 high ended intermediate wave 3 higher. The internals of that rally higher unfolded as impulse structure with the sub-division of 5 waves structure in it’s each leg higher. Down from $229.67 high, the instrument did a 7 swing pullback & completed […]

Since the latest major US elections, a lot of fuss (mainly via Twitter and various “MAGA” rallies) has been made over how President Trump’s economic agenda(s) produced the current leg of the rally in the American equity indices. And how the tax cuts have accelerated the current rally. We, at elliottwave-forecast.com, we disagree with the idea. […]

GBPUSD short-term Elliott Wave analysis suggests that the rally from 8/15/2018 low at 1.2660  to 1.3042 high ended Minor wave 1. The internals of that rally higher took place in 3 wave corrective sequence i.e double three thus suggesting that the pair can be doing a Leading diagonal structure. Up from 1.2660 low, the initial […]

Last Friday Australian Dollar dipped to a two-and-a-half-year low after it broke blow 71 US cents due to a rising US Dollar and escalation in US-China trade wars. The last time the Australian Dollar traded below 71 US cents was on February 2016. The currency fell out of favor after last week’s comment by President […]