Hello fellow traders. Another trading opportunity we have had lately is AUDNZD. In this technical blog we’re going to take a quick look at the Elliott Wave charts of AUDNZD published in members area of the website. In further text we’re going to explain the forecast and trading setup. As our members know, AUDNZD have […]

The Bovespa Index Long Term Bullish Trend and Cycles The Bovespa Index has been trending higher with other world indices. Since inception the cycles have shown a bullish trend. In early years not seen on this chart it rallied with other world indices trending higher into the May 2008 highs. It then corrected the whole bullish cycle […]

One of our goals at Elliottwave-Forecast is to figure out the best way to present Elliott Wave charts in such a way that non-technical traders can easily understand our view and know what they need to do. To this end, we implement the Right Side Tag and Blue Boxes on our charts as visual aids […]

Oil ticker symbol: CL_F short-term Elliott wave analysis suggests that the bounce to $70.44 high ended intermediate wave (2). The internals of that bounce took place as Elliott wave double correction where Minor wave W ended in 3 swings at $69.92. From there, the pullback to $68.26 completed the Minor wave X  in 3 swings. […]