Global consumption for 2016/17 is forecast at a record 174 million metric tons (raw value), exceeding production and drawing stocks down to the lowest level since 2010/11.  Production is up 4 million tons to 169 million as gains in Brazil and the European Union more than offset a decline in India.  With growing demand, imports […]

Here is a quick blog from our Live Trading Room host, Dan Hussey. Take a look at how to manage your risk by using inflection zones and Elliot Wave to your advantage. The Live Trading Room is held daily at 8:00 AM  EST , join Dan there for more insight into these proven methods of trading. EUR/AUD Live […]

This is a an Elliottwave Analysis video on $NZDCAD. Short term, the pair looks to have ended cycle from 12/29/2015 peak, and pair should be in larger wave (X) bounce to correct the decline from 0.958 before pair turns lower again. Near term target is 0.889 – 0.893 area, then it should pullback in 3 waves before higher […]

Have you ever played a maze when you were a kid? In Hong Kong Disneyland, there’s a maze located at the garden outside the hotel which has a shape of a Mickey Mouse head if seen from a distance above. The height of the bushes is designed so that little children’s sight would be blocked when they go inside […]

Hello fellow traders, welcome to Elliott Wave Forecast. In this technical blog we’re going to get through some basic stuff of Elliott Wave Theory in order to help you get started with it. Many of you probably already know that Elliott Wave is the most powerful form of Technical Analysis used to forecast financial market […]

In this blog we’re going to take a quick look at Dow 1 Hour chart from 10th May 2016. We can see Index broke the descending trend line from the peak suggest it most likely ended the cycle from 18173.54 high. Move up from 17580.38 to 17783.16 is a 5 wave move and hence we have labelled […]