How Bullish is the US Dollar? The strength in US Dollar (DXY) in the past two months prompts the question: Has US Dollar resumed the bullish trend? In this video and analysis below, we explain and rank the most likely path in the DXY. We use the $USDPLN (Poland Zloty) to explain the most likable […]

FTSE 5.8.2018 Video FTSE Super Cycle Sequence $ FTSE Index shows a 5 swing Primary degree sequence from 2009 low to 2018 high. A 5 swing is an incomplete sequence and needs to see at least another leg higher to end a 7 swing sequence. A 5 swing sequence is not the same as 5 […]

AT&T ($T) shows a bearish sequence from 7/5/2016 high in the form of a zigzag Elliott Wave Structure in which wave “a” ended at $32.55 on 11/8/2017 low and wave “b” ended at $39.33 on 12/25/2017 high. The stock has made a new low below wave “a” at $32.55 therefore confirming the next leg lower […]

$SPX The Elliott wave Hedging is getting tighter The market is always a fight between the two sides, Buyer and Sellers. We in www.Elliottwave-forecast.com  understand the Market Nature and  always recommend trading the no-enemy areas. There are always areas where both sides, Buyers and Sellers agree into a move. We called these no-enemy areas which […]

In this blog, we look at the swing sequence in USDNOK pair down from 1.6.2016 peak and explain the reason for selling the pair back in February 2018. USDNOK is showing 5 swings down from 1.6.2016 peak which is an incomplete bearish sequence and calls for USDNOK Q2 target to be lower. As shown on […]

The Elliott Wave Theory states that after a five waves move, there will be a three waves correction in the opposite direction of the five waves. After the 3 waves correction, there should be an extension (either upside/downside) in the same direction of the previous five waves move. The chart below illustrates the 5 waves […]