Revisiting Shanghai Index for the Path of Global Indices
Last year, in our video dated November 2, 2015 we warned our viewers that the Chinese stock market still has more downside to go. We argued that Shanghai Composite Index…
Elliott Wave Quiz: Could you recognize the structure ?
Lately we were doing a lot of educational blogs, explaining various Elliott Wave Patterns through real Market examples. Now we invite you to take this short Quiz in order to test…
How Sustainable is USD Weakness post FOMC
In our past article "US Dollar Outlook into FOMC Meeting on March 16", we argue that the Fed is likely going to stay put and temper the rate hike expectation and this…
$EURAUD Elliott Waves Forecasting the decline
In this technical blog we're going to take a quick look at $EURAUD price structure we had on 2.19.2016 to explain Ellott Wave Forecast we had back then. 1 Hour…
US Dollar Outlook into FOMC Meeting on March 16
When the Fed raised the rate last year, the minutes suggest that they were relatively hawkish and expected 4 more rate hikes in 2016, as December Fed's dot plot shows. Subsequent…
Is Gold’s luster finally coming back?
After being shunned by investors for more than 5 years, gold has made an impressive start in 2016. As of Feb 29, gold registered 16.7% return, which is considerably above…
Daily Set up video 1.12.2016
3.3.2016 We at Elliott Wave Forecast like to present the trading ideas in a form of videos. We believe in trading extremes and always with the trend. Here is an…
Gold: Will the rally extend or fail?
Gold (XAU) formed a peak against most major world currencies in 2011. This included XAUAUD, XAUUSD, XAUGBP and XAUCAD while XAUEUR peaked a little later in 2012. This was an important…
$IBEX: A look at the decline in December-January
The chart below from 2 December 2015Â shows the move up from 24 September 2015 low. It shows price reached and slightly exceeded the 50 % Fibonacci retracement (10588.89) level of…
