Wave summary: We continue to expect support seen at 1.5149. It will be able to protect the downside for a break above minor resistance seen at 1.5347, which will confirm that wave [v] higher towards 1.5570 and likely even closer to 1.5790 to complete the first impulsive rally from 1.4495. R3: 1.5458 R2: 1.5385 R1: […]
Wave summary: We continue to look for a final decline into the 116.83 – 116.99 area from where a new impulsive rally in wave (v) is expected. A break above minor resistance seen at 118.43 and, more importantly, a break above resistance at 118.80 will confirm that wave (iv) has completed and wave (v) to […]
In the final few months of 2016, Amazon’s share price sat out the broader stock market rally. Yet on December 30th, we showed subscribers a price pattern that did indeed anticipate the 3-month, 20-percent-plus rally in Amazon. See that price pattern for yourself. http://www.elliottwave.com/Trader-Analysis/Traders-Classroom http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/About/About-Us Learn How the Wave Principle Can Improve Your Trading Related […]
Learn about the precarious position of European stock markets. For a limited time, you can try Global Market Perspective for just $1, a savings of 98% — http://bit.ly/2nPNfc5 Learn How the Wave Principle Can Improve Your Trading Related Posts:Davao Traders Learn Moving Average Ribbons October 30, 2023 XM’s free and exclusive seminar in the Philippines […]
Wave summary: We continue to look for a break above minor resistance at 1.5347 to confirm that wave [v] higher towards at least 1.5570 and likely even closer to 1.5790 is unfolding. In the short term, support is seen at 1.5210 and again at 1.5151. The later support should be able to protect the downside […]
Wave summary: The corrective decline from 124.09 in wave (iv) is now in its final stages and could complete any time now. As long as minor resistance at 118.80 is able to cap the upside, we could still see a final spike to the downside closer to the 116.83 -116.99 area. From here or upon […]
http://www.elliottwave.com/Investor-Research/Financial-Forecast-Service ?tcn=ytv1703 Almost everyone knows that stocks are risky. Yet, new evidence shows that stock picking is fraught with even more risk than many investors might realize. Let’s look at the return profiles of individual stocks from a recent academic study. Learn How the Wave Principle Can Improve Your Trading Related Posts:Financial future on the […]
Click here to submit any questions or feedback you may have and we’ll do our best to get to them in our next episode: http://www.elliottwave.com/About/Customer-Care/contact-us?g=etv Learn How the Wave Principle Can Improve Your Trading Related Posts:Forecast for EUR/USD on April 16, 2024 April 16, 2024 EUR/USDYesterday, the US retail sales data fueled the dollar’s strength.…Forecast […]
Going into April, too many world financial markets look too complacent. See the charts & pictures for yourself. http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/Investor-Research/Global-Market-Perspective http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/About/About-Us Learn How the Wave Principle Can Improve Your Trading Related Posts:Forecast for EUR/USD on April 16, 2024 April 16, 2024 EUR/USDYesterday, the US retail sales data fueled the dollar’s strength.…Forecast for GBP/USD on April 16, […]
Wave summary: Currently we are looking for a break above minor resistance seen at 1.5347 as confirmation that wave [iv] has completed with the test of 1.5149 and a new impulsive rally now is unfolding in wave [v] towards at least 1.5570 and likely even closer to 1.5797 as the ideal upside target. R3: 1.5456 […]
Wave summary: With the break below 118.19 the possible triangle count has been invalidated and instead a complex double zigzag correction now is the preferred count. This count calls for a little more downside into the 116.83 – 116.99 area to complete wave (iv) and setting the stage for a possible new impulsive rally in […]
http://www.elliottwave.com/Investor-Research/Financial-Forecast-Service ?tcn=ytv1703 Would you invest in a fund with a guaranteed three-year average annual rate of return of 50%? The answer “yes” seems to be obvious. But let’s take a closer look. Learn How the Wave Principle Can Improve Your Trading Related Posts:Euro will return to parity April 12, 2024 From 1.20 to parity. The […]
Wave summary: We continue to look for a more upside pressure in wave [v] toward at least 1.5570 and likely even closer to 1.5790 before the first impulsive rally from 1.4495 is complete. Longer-term we continue to look for much more upside closer to 2.0147, so we are only in the early stages of a […]
Wave summary: As long as support at 118.24 is able to protect the downside, we will favor the possible triangle count for a rally towards 122.25 in wave D of the triangle consolidation. Only an unexpected break below support at 118.24 will invalidate the triangle consolidation and call for a little more downside towards 117,00 […]
http://www.elliottwave.com/Investor-Research/Financial-Forecast-Service ?tcn=ytv1703 The DJIA is much more than a financial gauge: The index is also predictive in the multi-faceted arena of social trends, including movie attendance, fashion, politics and more. See what our Elliott Wave Theorist shared with subscribers. Learn How the Wave Principle Can Improve Your Trading Related Posts:Video market update for April 15, […]
Access part 2 of this interview to learn whether interest rates can impact your foreign ETF investments, too: http://bit.ly/2oIcFZe Learn How the Wave Principle Can Improve Your Trading Related Posts:Technical Analysis of Intraday Price Movement of AUD/JPY… November 8, 2023 With a price movement which is above its EMA 200…Technical Analysis of Intraday Price Movement […]
Wave summary: With the test of 1.5203, wave [iv] could be complete for the final rally higher in wave [v] towards 1.5570 and possibly even closer to 1.5790. In the short term a break above minor resistance seen at 1.5347 is needed to confirm that wave [iv] has completed and wave [v] higher is unfolding. […]
Wave summary: There is no change in view here. We are looking for a minor rally in wave D of the expected triangle consolidation. This means a rally towards 122.40 should be seen before a decline in wave E to complete the triangle consolidation for the final rally higher to 126.54. R3: 122.83 R2: 121.84 […]
Wave summary: Our expectation of more consolidation in wave [iv] closer to 1.5230 has proved to be correct. As long as minor resistance seen at 1.5347 is able to cap the upside, a final spike lower to 1.52301.5205 still could be seen, but from here or upon a break above 1.5347 renewed strength should be […]
Wave summary: We are not really getting anywhere at the moment. That could imply that the consolidation seen since the wave (iii) high at 124.09 could be a triangle. If this expectation is correct, then more sideways consolidation should be expected before a rally to above 124.09 is seen. This count will also imply that […]
Wave summary: EUR/NZD failed to build on the break above 1.5441 and topped out already at 1.5450 indicating that wave [iv] still is unfolding. More corrective downside pressure close to 1.5230 still should be expected before wave [v] will be ready to take over, for a rally towards 1.5764. R3: 1.5780 R2: 1.5667 R1: 1.5554 […]
Wave summary: Once again the pair failed to break above important short-term resistance seen near 120.34. This resistance needs to be cleared to confirm that wave ii has completed and wave iii higher is developing for a rally to above 122.88. Support is now seen near 119.55 and will ideally be able to protect the […]
http://www.elliottwave.com/Investor-Research/Financial-Forecast-Service ?tcn=ytv1703 The DJIA just registered its longest losing streak in nearly six years. Yet, from Feb. 9 through Feb. 27, the index posted its longest winning streak since 1987. Our analysis of that winning streak reveals why we haven’t been surprised by the DJIA’s downturn. Learn How the Wave Principle Can Improve Your Trading […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www2.elliottwave.com/club/signuplt/newsletters.aspx After our December forecast, silver closed higher nine weeks in a row and rallied 16%. See it (and more) for yourself. Learn How the Wave Principle Can Improve Your Trading Related Posts:Forecast for EUR/USD on April 16, 2024 April 16, 2024 EUR/USDYesterday, the US retail sales data fueled the dollar’s strength.…Forecast for GBP/USD on […]
Wave summary: EUR/JPY is trying to clear minor resistance seen at 120.34 to confirm that the correction in wave ii completed with the test of 119.28 and wave iii higher to 123.97 and then 125.17 and maybe even closer to 126.54 to complete wave 3. Only a break below support seen at 119.50 will delay […]
Wave summary: The triangle consolidation completed with the test of 1.5305 and wave [v] higher towards 1.5554 and likely even closer to 1.5780 and now is unfolding to complete wave (i). Once this wave is complete, a correction in wave (ii) closer to 1.5160 should be expected before higher again. In the long term much […]
http://www.elliottwave.com/Investor-Research/Financial-Forecast-Service ?tcn=ytv1703 Knowledge of sentiment measures combined with a market’s Elliott wave pattern is key in forecasting. The U.S. Dollar Index provides a perfect example. Read what our March 24 Short Term Update has to say. Learn How the Wave Principle Can Improve Your Trading Related Posts:The dollar has not reached its potential April 15, […]
Wave summary: The triangle consolidation in wave [iv] should be close to completion for a rally above 1.5441 confirming more upside pressure towards 1.5764 in wave [v]. Only form this higher should a larger correction towards 1.5440 and maybe even closer to 1.5310 be expected. R3: 1.5537 R2: 1.5460 R1: 1.5441 Pivot: 1.5400 S1: 1.5285 […]
Wave summary: We have seen the expected minor setback from 120.27 to just below the ideal target at 119.65 (the low has been seen at 119.50). We will now be looking for a break above minor resistance at 120.27 confirming a low is in place for more upside towards 122.89 and above. Only a break […]
Get immediate access to Part 2 of this in-depth interview with Jim Martens where he shares his thoughts on the British pound, direction of the Euro and more… http://www.elliottwave.com/wave/JimAFF Learn How the Wave Principle Can Improve Your Trading Related Posts:Will Netflix earnings take the share price closer to its… April 15, 2024 Netflix is set […]
