Elliottwave-Forecast

Elliottwave-Forecast

Short Term Elliott Wave View in Gold (XAUUSD) suggests that rally to 2790.07 ended wave ((3)). Pullback in wave ((4)) unfolded as a double three Elliott Wave structure. Down from wave ((3)), wave A ended at 2724.6 and rally in wave B ended at 2749.9. Wave C lower ended at 2643.1 which completed wave (W) in higher degree. Rally in wave (X) ended at 2710.61. The...

Elliottwave-Forecast

Short Term Elliott Wave View in IBEX suggests rally to 12040.79 ended wave ((3)). Wave ((4)) pullback is currently in progress to correct larger degree cycle from 3.20.2023 low. Internal subdivision of wave ((4)) is unfolding as double three (W)-(X)-(Y) where wave (W) is now unfolding as a zigzag. Down from wave ((3)), wave (i) ended at 11682.7 and rally in wave...

Elliottwave-Forecast

Short Term Elliott Wave View in EURUSD suggests cycle from 9.25.2024 high is in progress as a zigzag. Down from 9.25.2024 high, wave A ended at 1.076 and wave B rally ended at 1.09369. Wave C lower is in progress as a 5 waves impulse Elliott Wave structure. Down from 11.6.2024 high, wave (i) ended at 1.082 and wave (ii) rally ended at 1.0857. Wave (iii) lower...

Elliottwave-Forecast

Short Term Elliott Wave view on Dogecoin (DOGEUSD) suggests rally from 6 September 2024 low is unfolding as a 5 waves impulse. Up from 6 September, wave ((i)) ended at 0.1798 and pullback in wave ((ii)) ended at 0.1419. The crypto extended higher again in wave ((iii)). Up from wave ((ii)), wave (i) ended at 0.2178 and pullback in wave (ii) ended at 0.185. Wave...

Elliottwave-Forecast

Short Term Elliott Wave view on Russell 2000 (RTY) suggests rally from 8.5.2024 low is in progress as a 5 waves impulse. Up from 8.5.2024 low, wave 1 ended at 2311.4 and pullback in wave 2 ended at 2198.51 like the 1 hour chart below shows. The Index then extends higher in wave 3 with internal subdivision as an impulse. Up from wave 2, wave ((i)) ended at 2240 and...

Elliottwave-Forecast

Short Term Elliott Wave View in DAX suggests rally to 19670 ended wave ((3)). Wave ((4)) pullback is currently in progress as a double three Elliott Wave structure. Down from wave ((3)), wave (i) ended at 19451.7 and rally in wave (ii) ended at 19591.5. Wave (iii) lower ended at 19368.69 and wave (iv) rally ended at 19468.6. Final wave (v) lower ended at 19330.1...

Elliottwave-Forecast

Short Term Elliott Wave View in NVDA (Nvidia) suggests further upside in daily bullish sequence. It is trading in bullish weekly sequence at all time high and expect continuation against August-2024 low. In 4-Hour, it placed (1) at $131.26 high and (2) correction at $100.95 low. Above there, it favors upside in (3) of impulse sequence. It placed 1 of (3) at...

Elliottwave-Forecast

Short Term Elliott Wave View in EURGBP suggests that decline to 0.8295 on October 18, 2024 ended wave (1). Wave (2) corrective bounce is proposed complete at 0.8447 as the 1 hour chart below shows. Internal subdivision of wave (2) unfolded as a Flat Elliott Wave structure. Up from 10.18.2024 low, wave A ended at 0.8352 and wave B pullback ended at 0.8295. Wave C...

Elliottwave-Forecast

Short Term Elliott Wave View in S&P 500 Futures (ES) suggests rally from 8.6.2024 low is in progress as an impulse. Up from 8.6.2024 low, wave 1 ended at 5669.75 and pullback in wave 2 ended at 5394. Wave 3 higher ended at 5927.25. Dips in wave 4 unfolded as a double three Elliott Wave structure. Down from wave 3, wave (a) ended at 5861.25 and wave (b) ended at...

Elliottwave-Forecast

Short Term Elliott Wave View on S&P 500 (SPX) suggests rally from 8.5.2024 low is in progress as an impulse. Up from 8.5.2024 low, wave 1 ended at 5651.6 and pullback in wave 2 ended at 5402.6. Index then extended higher in wave 3 towards 5878.4 as 45 minutes chart below shows. Wave 4 pullback unfolded as a Flat Elliott Wave structure. Down from wave 3, wave (a)...

Elliottwave-Forecast

Short Term Elliott Wave View on Dollar Index (DXY) suggests that rally to 104.63 ended wave ((4)). This completed cycle from 9.27.2024 low and the Index should either resume lower in wave ((5)) or pullback in 3 waves at least. The Index has started to turn lower and we are calling the move lower from wave ((4)) high as a diagonal 5 waves. Down from wave ((4)),...

Elliottwave-Forecast

Short Term Elliott Wave View in Silver (XAGUSD) suggests cycle from 8.8.2024 low is in progress as a 5 waves impulse. Up from 8.8.2024 low, wave 1 ended at 30.18 and dips in wave 2 ended at 27.69. Wave 3 higher ended at 32.95 and pullback in wave 4 ended at 30.12. The metal extends higher in wave 5. Up from wave 4, wave (i) ended at 32.17 and wave (ii) pullback...

Elliottwave-Forecast

Tesla (TSLA) broke above the previous peak on 7.11.2024 high at 271 and thus opens a bullish sequence from 4.22.2024 low. Short Term Elliott Wave in Tesla suggests the rally from 8.5.2024 low is in progress as a 5 waves diagonal. Up from 8.5.2024 low, wave ((i)) ended at 264.86. Pullback in wave ((ii)) ended at 212.12 with internal subdivision as a zigzag Elliott...

Elliottwave-Forecast

Short Term Elliott Wave View in Apple (AAPL) shows a 5 swing diagonal from 9.16.2024 low. Up from 9.16.2024 low, wave 1 ended at 233.09 and dips in wave 2 ended at 221.15. The stock resumed higher in wave 3. Up from wave 2, wave ((i)) ended at 225.97 and dips in wave ((ii)) ended at 224.22. Stock resumed higher in wave ((iii)) towards 229.75 and pullback in wave...

Elliottwave-Forecast

Short Term Elliott Wave View in Nasdaq Futures (NQ) suggests the rally from 10.1.2024 low is in progress as 5 waves. Up from 10.1.2024 low, wave ((i)) ended at 20680 as the 1 hour chart below shows. Dips in wave ((ii)) unfolded as a zigzag Elliott Wave structure. Down from wave ((i)), wave i ended at 20525 and wave ii ended at 20666.75. Wave iii lower ended at...

Elliottwave-Forecast

Short Term Elliott Wave View in Bitcoin (BTCUSD) suggests that rally from 8.5.2024 low is in 5 swing. As 5 swing is a motive sequence, this favors further upside in Bitcoin. 1 hour chart below shows the decline to 58,867 ended wave 2. The crypto-currency has extended higher in wave 3 with internal subdivision as a 5 waves impulse Elliott Wave. Up from wave 2, wave...

Elliottwave-Forecast

CADJPY has already reached the extreme area from 8.5.2024 low. This suggests that pair is in the zone where it can start to see a pullback soon. Shorter cycle structure however looks incomplete and pair can see further upside a bit more. The rally from 9.30.2024 low is currently in progress as a zigzag Elliott Wave structure. Up from 9.30.2024 low, wave ((a))...

Elliottwave-Forecast

Short Term Elliott Wave View in Ten Year Notes (ZN) shows that decline from 9.11.2024 high is unfolding as an impulse Elliott Wave structure. Down from 9.11.2024 high, wave 1 ended at 114’07 and wave 2 ended at 115 as the 1 hour chart below shows. The Notes extended lower in wave 3 with internal subdivision as another impulse in lesser degree. Down from wave 2,...