Elliott Wave Forecast

CAD/JPYShort term Elliott wave structure suggests decline to 78.93 at 1/20 ended wave ((W)). From this level, wave ((X)) bounce is unfolding in a double three structure where wave (W) ended at 84.12,...

GoldShort term Elliott wave structure suggests the rally from 107.31 is unfolding in a double three where wave ((w)) ends at 1109.6, wave ((x)) ends at 1092.29, and wave ((y)) is currently in...

EUR/JPYShort term Elliott Wave cycle suggests cycle from 12/4 peak at 134.58 remains alive as a double three where wave (W) ended at 127 and wave (X) bounce is in progress as a triangle. Wave A of (X)...

Global Market SelloffGlobal Indices sold off strongly to start 2016 in a risk off sentiment. Shanghai Composite Index led the global index selloff with the catalyst being the PBOC (People’s Bank...

USD/CADShort term Elliott Wave cycle suggests rally from wave (X) low at 1.38 is unfolding in a double three structure where wave W ended at 1.417, wave X FLAT ended at 1.406, and pair has resumed...

NasdaqShort term Elliott Wave cycle suggests a bounce to 5117.3 ended wave (X). First leg of decline from this level unfolded in a zigzag and ended wave W at 4847. Wave X bounce is proposed complete...

NASDAQShort term Elliott Wave cycle suggests bounce to 5117.3 ended wave (X). First leg of decline from this level unfolded in a zigzag and ended wave W at 4847. Wave X bounce is currently in progress...

Short term Elliott Wave cycle suggests decline to 86.35 ended wave 3. From this level, wave 4 bounce unfolded as a double three structure where wave ((w)) ended at 87.05, wave ((x)) ended at 86.5, and...

ASXShort term Elliott Wave cycle suggests rally to 5420 on 10/23 ended wave “x”. From this level, index has turned lower in wave ((W)) with the internal unfolding as a triple three...

We have 2 important news events for British pound on Wednesday 12.16.2015-Average Earnings Index at 9:30 AM GMT (UK Time)-Claimant Count Change at 9:30 AM GMT (UK Time)Both news events could bring...

Wednesday the 16th of December at 17:00 UTC, the Federal Open Market Committee (FOMC) is to announce decision on Fed Interest Rates and few minutes later to proceed with a press conference from...

ASXShort term Elliott Wave cycle suggests rally to 5420 on 10/23 ended wave “x”. From this level, Index has turned lower in wave ((W)) with the internal unfolding as a double three...

Nikkei 225Short term Elliott Wave cycle suggests rally to 20060 ended wave ((X)). From this level, index has turned lower and reached 100% equal leg, therefore the cycle is mature. However, in the...

European Central Bank during last meeting decided to extend the Quantitative Easing program by lowering the EU Banks Deposit Rate down to -0.30% from -0.20% and by postponing the QE expiry towards...

NikkeiShort term Elliott Wave cycle suggests rally to 20060 ended wave ((X)). From this level, index has turned lower in a double three structure where wave ((w)) ended at 19395, wave ((x)) ended at...

ECB Rate Decision, Monetary Policy Statement and Press Conference due for Thursday the 3rd of December at 12:45 UTC and 13:30 UTC Time respectively.Markets expects ECB will act with additional QE...