Elliott Wave Forecast

We provide Technical Analysis and Signals for Most Popular World Markets including Forex, Commodities, Indices, Stocks, ETFs and Bitcoin based in Elliott Wave Theory.

Natural Gas $NG_F Incomplete Bearish Sequences Calling The Decline

Natural Gas $NG_F Incomplete Bearish Sequences Calling The DeclineHello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of Natural Gas $NG_F . As our members know, Natural Gas futures has been showing incomplete bearish sequences in the cycle from the August 23rd peak. We recommended members to avoid buying the commodity. Cycle from the 10.036 peak was incomplete and we knew the drop was coming . In the further text we are going to explain the Elliott Wave Forecast.

Elliott Wave Forecast: $MTX: MTU Aero Engines Performing Double Correction

Elliott Wave Forecast: $MTX: MTU Aero Engines Performing Double CorrectionMTU Aero Engines AG is a German aircraft engine manufacturer. It develops, manufactures and provides service support for civil and military aircraft engines. Founded in 1934 and headquartered in Munich, Germany, it can be traded under the ticker $MTX at XETRA in Frankfurt. MTU is a part of DAX40 index. In the initial article back in April 2021, we have forecasted a new cycle higher.

Elliott Wave Forecast: Dips in Dow Futures (YM) Might Find Support

Elliott Wave Forecast: Dips in Dow Futures (YM) Might Find SupportDow Futures (YM) shows incomplete bearish sequence from 1.5.2022 high favoring further downside. The decline from 8.16.2022 high is in progress as a double three Elliott Wave structure. Down from 8.16.2022 high, wave A ended at 30975 and rally in wave B ended at 32789. Index extends lower again wave C towards 28635 which completed wave (W). Rally in wave (X) is currently in progress as a zigzag structure as the 60 minutes chart below shows.

Elliott Wave Forecast: USDCAD Reacting Higher From The Equal Legs Area

Elliott Wave Forecast: USDCAD Reacting Higher From The Equal Legs AreaIn this technical blog, we will look at the past performance of 1-hour Elliott Wave Charts of USDCAD. In which, the rally from 11 August 2022 high is unfolding as an impulse sequence and showed a higher high sequence. Therefore, we knew that the structure in USDCAD is incomplete to the upside & should see more upside. So, we advised members to buy the dip in 3, 7, or 11 swings at the extreme areas. We will explain the structure & forecast below:

Elliott Wave Forecast: DAX Looking for 3 Waves Rally

Elliott Wave Forecast: DAX Looking for 3 Waves RallyDAX shows incomplete bearish sequence from 11.18.2021 high and 3.29.2022 high favoring further downside. Decline from 3.29.2022 high is unfolding as a double three Elliott Wave structure. Down from 3.29.2022 high, wave (W) ended at 12390.95 and wave (X) rally ended at 13947.85. Wave (Y) decline is now in progress with subdivision as another double three WXY in lesser degree.

Trading Signal for Gold (XAU/USD) on October 6-7, 2022: buy above 1,718 (7/8 Murray - 200 EMA)

Trading Signal for Gold (XAU/USD) on October 6-7, 2022: buy above 1,718 (7/8 Murray - 200 EMA)Gold (XAU/USD) is trading at around 1,720, above 7/8 Murray (1,718), above the 200 EMA, and the 21 SMA, providing a strong positive signal. If the metal keeps trading above this area in the next few hours, it could reach the strong resistance of 8/8 Murray located at 1,750.

Technical Analysis of Bitcoin BTC/USD for October 6, 2022

Technical Analysis of Bitcoin BTC/USD for October 6, 2022MicroStrategy is known in the cryptocurrency community for its bullish attitude towards bitcoin. The company is a corporate leader in terms of the amount of bitcoins it holds, and its director - Michael Saylor - regularly speaks of superlatives about the first cryptocurrency. Now, a mobile software company that deals with cloud-based services and business intelligence (BI) has announced a full-time recruitment for the Lightning Network software engineer vacancy.

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