Elliottwave-Forecast

Elliottwave-Forecast

Hello Traders, In this 1 hour Elliott Wave Analysis we will have a look at AUDUSD. The pair ended cycle from 06/06/18 peak (0.7677) at the low of 06/21/18 (0.7344) in red wave A. The internal structure of red wave A unfolded as 5 waves Elliott Wave Impulse. Where black wave ((i)) ended at 06/08/18 low (0.75603). Up from there, it ended black wave ((ii))...

Elliottwave-Forecast

Hello Traders, In this analysis, we will have a look at the Dow Jones 1 hour Elliott Wave chart. Dow Jones ended cycle from 04/02 low (23311) at the peak of 06/11 peak (25417). Below from that peak, the instrument is currently correcting the cycle from 04/02 in 7 or 11 swings before the rally resumes or bounce in 3 waves at least. Down from 06/11 peak, the...

Elliottwave-Forecast

Hello Traders, In this analysis, we will have a look at NZDUSD -0.63% on the 1-hour chart. NZDUSD -0.63% short-term Elliott Wave view suggests that the bounce to 0.7060 high ended intermediate wave (4). Down from there, the decline is unfolding as Impulse Elliott Wave structure where sub-division of the Minute wave ((i)), ((iii)) & ((v)) are unfolding in 5...

Elliottwave-Forecast

Hello Traders, FTSE short-term Elliott Wave view suggests that the bounce to 7904.97 high on 5/22/18 peak ended in black wave ((1)). Below from there, the index is doing a double correction lower in blue (W)-(X) to correct cycle from 3/23/18 low. Down from 7904.97 high, the decline to 7610.66 low ended the first leg of the pullback in blue wave (W) at 05/29/18...

Elliottwave-Forecast

Hello Traders, In this analysis, we will have a look at the FTSE -0.03% Index in the 4-hour chart. FTSE -0.03% cycle from 2/11/16 low ended at the peak of 01/12/18 (7792.56) in red wave a, and red wave b pullback is proposed to be completed at 03/26/18 low (6869.79). Up from there, black wave ((1)) ended at 7904.55 peak. The rally from 03/26/18 low can be...

Elliottwave-Forecast Updated 

Bitcoin is now showing a 5 swing incomplete sequence to the downside from 02/20/18 peak (11751.36), targeting lower levels. Bitcoin ended the cycle from 02/20/18 peak (11751.36) at the low of 04/01/18 (6419.51) in black wave ((W)). Up from there, it ended the correction to that cycle at the peak of 05/05/18 (9956.99) in black wave ((X)). Below from there, it...

Elliottwave-Forecast Updated 

Hello Traders, With the recent break below 05/28/18 low (490.42), Ethereum is now showing a 5 swing incomplete sequence to the downside from 05/06/18 peak, targeting lower levels. The cryptocurrency ended the cycle from 05/06/18 peak (840.70) as a zig-zag structure at 05/28/18 low (490.42) in black wave ((W)). Internal blue wave (A) ended at 05/07/18 low...

Elliottwave-Forecast

Dow Jones Futures Elliott Wave view suggests that the pullback to 24227 low on 5/29/18 ended in red wave 4 pullback. Above from there, the rally is unfolding as an impulse Elliott Wave structure with extension in the 3rd wave higher. As an impulse, the internal of Minute degree wave ((i)), (( iii )) and ((v)) should also unfold as an impulse with 5 waves...

Elliottwave-Forecast

Hello Traders, In this analysis, we will have a look at ETH/USD in the 4-hour chart. The rally from 04/01/18 low can be sub-divided in 5 waves with an extended wave 3. The rally to 417.59 was completed in blue wave (1) and it pulled back to 362.42 to complete blue wave (2). Up from there, blue wave (3) completed at 712.58 and dipped to 595.35 to complete blue...

Elliottwave-Forecast

Hello Traders, In this analysis, we will have a look at the metal Copper in the 1 hour chart. Short-term Elliott Wave view suggests that the pullback to 3.0101 on 5/30/2018 ended blue wave (2). The internals of blue wave (2) unfolded as an Elliott Wave double three structure where red wave W ended at 3.0195 and red wave X ended at 3.1485 high and the decline to...

Elliottwave-Forecast

Hello Traders, In this short-term analysis, we will have a look at the FTSE100. FTSE cycle from 3/28 low is proposed to be completed at 7904 high in black wave ((1)), below from there the index is correcting that cycle & expected to find buyers in 7-11 swings provided the pivot at 6867 low in our proprietary distribution system stays intact. Short-term it has...

Elliottwave-Forecast Updated 

Hello Traders, In this short-term analysis, we will have a look at NZDJPY. NZDJPY has ended the cycle from 04/13/18 peak (79.63) at the low of 05/29/18 (74.57) in red wave W. Up, from that low it ended a 5 waves impulse structure in black wave ((a)) at 05/30/18 peak (76.29). From that peak, it ended the correction to that cycle in black wave ((b)) at 05/31/18...

Elliottwave-Forecast

Hello Traders, In this short-term analysis, we will have a look at the SPX 0.45% in the 1 hour Elliott Wave chart. At this moment in time, the near-term cycle from 4/02/18 low (2555) remains in progress as a 5 waves leading diagonal . Up from 2555 low, it has ended red wave 1 at 04/18/18 peak (2717.67). From that top, it has ended red wave 2 correction at...