Elliottwave-Forecast

Elliottwave-Forecast

Short Term Elliott Wave View in Copper (HG #F) suggests cycle from 4/5/2022 high ended as a 5 waves impulse structure at 4.0372. This impulse wave lower ended wave 1 in red. Wave 2 corrective rally is now in progress as double three Elliott Wave Structure. Rally from wave 1 began the first leg of the double correction. Wave (a) ended at 4.2062 and a pullback in...

Elliottwave-Forecast

Short Term Elliott Wave View in EURUSD suggests the decline from February 10, 2022 peak is unfolding as a 5 waves impulse Elliott Wave structure. Down from February 10, wave (1) ended at 1.0806 and rally in wave (2) ended at 1.1185. Pair then resumes lower in wave (3) and ended at 1.0348. Wave (4) corrective rally is presently in progress with internal subdivision...

Elliottwave-Forecast

Short Term View in Dow Futures suggest cycle from 5/5/2022 high is unfolding as a zigzag Elliott Wave structure. Down from 5/5, wave A ended at 31148 and wave B rally ended at 32695. Internal subdivision of wave B unfolded as a zigzag structure in lesser degree. Up from wave A, wave ((a)) ended at 32201, and pullback in wave ((b)) ended at 31778. Final leg higher...

Elliottwave-Forecast

Short Term View in EURJPY suggests cycle from 04.21.2022 peak is completed as a 3 waves zig zag Elliott Wave Structure. Down from April 21 peak, wave (A) ended at 134.75 and rally in wave (B) ended at 138.32. Pair then resumes lower in wave (C) with internal subdivision as an impulse in lesser degree. Down from wave (B), wave 1 ended at 136.08 and pullback in wave...

Elliottwave-Forecast

Ethereum shows an incomplete bearish sequence from November 10, 2021 high favoring further downside. The decline from April 3, 2022 high is unfolding as a zigzag Elliott Wave structure. Down from April 3 high, wave (1) ended at 2716.76 and rally in wave (2) ended at 2967.49. The crypto currency then extended lower again in wave (3) towards 2198.78 and rally in...

Elliottwave-Forecast

Short Term View in USDCAD suggests cycle from 04.21.2022 low is in progress as a 5 waves impulse Elliott Wave structure. Up from April 21 low, wave ((i)) ended at 1.288 and dips in wave ((ii)) ended at 1.2709. Pair then resumes higher in wave ((iii)) with internal subdivision as an impulse in lesser degree. Up from wave ((ii)), wave (i) ended at 1.2868 and...

Elliottwave-Forecast

Short Term View in AUDJPY shows a bearish sequence from April 20, 2022 high favoring further downside. The decline from April 20 is unfolding as a zigzag Elliott Wave structure. Down from April 20, wave (A) ended at 90.41 and rally in wave (B) ended at 94.02. Internal of wave (B) unfolded as a double three Elliott Wave structure. Up from wave (A), wave W ended at...

Elliottwave-Forecast

After spiking to 130.50 on March 7 at the height of the Russia-Ukraine war, Oil (CL) has started to pullback and consolidate. Oil shows an incomplete bearish sequence from the peak on March 7, 2022 favoring further downside. Short Term Elliott Wave View in Oil (CL_F) suggests the cycle from March 7, 2022 is unfolding as a double three Elliott Wave structure. Down...

Elliottwave-Forecast

Short Term Elliott Wave View in Litecoin (LTCUSD) suggests cycle from March 30, 2022 peak is unfolding as a 5 waves impulse Elliott Wave structure. Down from March 30, wave ((i)) ended at 119.11 and wave ((ii)) ended at 129.50. The crypto currency then extended lower in wave ((iii)) towards 101.93, wave ((iv)) ended at 114.75. Final leg lower wave ((v)) ended at...

Elliottwave-Forecast

Short Term Elliott Wave View in Russell 2000 (RTY) suggests the decline from March 29, 2022 high is unfolding as a zigzag Elliott Wave structure. Down from March 29 peak, wave 1 ended at 1966.6 and rally in wave 2 ended at 2060.90. Index then resumes lower in wave 3 towards 1903.50 and rally in wave 4 ended at 1957.60. Final leg lower wave 5 ended at 1834.50 which...

Elliottwave-Forecast

Short Term Elliott Wave View in AUDUSD suggests cycle from April 5 high ended at 0.7027 in wave (1). Down from April 5 high, wave 1 ended at 0.7396 and rally in wave 2 ended at 0.7493. Pair then extends lower in wave 3 towards 0.705, and rally in wave 4 ended at 0.718. Final leg lower wave 5 ended at 0.7027 which completed wave (1). Wave (2) rally is currently in...

Elliottwave-Forecast

Short Term Elliott Wave View in Dow Futures (YM) suggests the cycle from April 21, 2022 high is unfolding as a zigzag Elliott Wave structure. Down from April 21 high, wave (A) ended at 33015 and rally in wave (B) ended at 33968. Internal of wave (B) is unfolding as a zigzag in lesser degree. Up from wave (A), wave A ended at 33611, pullback in wave B ended at...

Elliottwave-Forecast

Short Term Elliott Wave View in CADJPY suggests cycle from December 20, 2021 has ended with wave ((1)) at 102.96. Pullback in wave ((2)) is currently in progress to correct that cycle. Internal subdivision of wave ((2)) is unfolding as a zigzag Elliott Wave structure. Down from wave ((1)), wave 1 ended at 99.8 and rally in wave 2 ended at 101.02. Pair resumes...

Elliottwave-Forecast

Short Term Elliott Wave View in FTSE suggests cycle from March 7, 2022 low ended at 7672.16 in wave (1). Internal subdivision of wave (1) unfolded as a 5 waves impulse Elliott Wave structure. Up from March 7 low, wave 1 ended at 7260.40 and pullback in wave 2 ended at 7075.82. Index then extended higher in wave 3 towards 7595.42, and dips in wave 4 ended at...

Elliottwave-Forecast

Short term view in Dollar Index (DXY) suggests the cycle from March 30, 2022 low is ongoing as an impulse Elliott Wave structure. Up from March 30 low, wave (i) ended at 100.52 and pullback in wave (ii) ended at 99.57. Index then resumes higher in wave (iii) towards 100.76. Dips in wave (iv) ended at 100.27, and final leg wave (v) ended at 101.03. This completed...

Elliottwave-Forecast

EURJPY shows a bullish sequence from June 2016 low and May 2020 low. Long term, pair should be supported and continue higher. Short term, however, pair has ended the rally from March 7, 2022 low at 140 with wave ((1)). Wave ((2)) pullback is currently in progress to correct the rally from March 7 low before it resumes the rally again. Wave ((2)) is unfolding as a...

Elliottwave-Forecast

Short term Elliott Wave view in S&P 500 E-mini Futures (ES) suggests cycle from March 30, 2022 has ended in wave (W) at 4195.25. The internal subdivision of wave (W) unfolded as a zigzag Elliott Wave structure. Down from March 30 peak, wave A ended at 4382.25 and rally in wave B ended at 4509.51. Index then extended lower in wave C towards 4195.25 which completed...

Elliottwave-Forecast

Short term Elliott Wave view in SPY suggests the decline from January 4, 2022 high is unfolding as a double three Elliott Wave structure. Down from January 4 high, wave ((W)) ended at 420.76 and wave ((X)) ended at 462.07. Wave ((Y)) lower is currently in progress. Down from wave ((X)), wave ((i)) ended at 449.14 and rally in wave ((ii)) ended at 457.83. The ETF...