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 example of old Daily Trading Setup video to show how we present the ideas to members. Our belief is to identify an area that is […]

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 peak and resulted in a few years of downward price action in Gold against all major World currencies. Since December 2015, Gold has been rallying […]

The chart below from 2 December 2015 shows the move up from 24 September 2015 low. It shows price reached and slightly exceeded the 50 % Fibonacci retracement (10588.89) level of the previous ruling cycle before getting rejected and turning lower.  Initial decline was in 3 waves but broke the rising trend line (not shown on the […]

Dow Jones Real Estate Index measure the values of the Real Estate in the United States of America through the value of Real Estate companies. The Index, as every Global Index, has a Bullish trend and is within a double three aka WXY Elliott wave structure off the all times lows. As of now, the […]

Nikkei 240 minute chart below shows the move up from September 29 2015 ( 16995 low) was a choppy and overlapping structure which showed a lot of contraction as well (see converging trend line connecting price highs and lows). We could also count 11 swings from the low to the high with momentum (RSI) divergence […]

For the last few months Canadian Dollar is one the weakest currencies in the market.  It has been constantly showing the weakness against the all other currencies and our cycle analysis were suggesting the same – furhter collapse of Canadian Dollar.  At the same time Indexes were doing pull backs in weekly charts, and we were […]