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.

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.

Technical Analysis and Forecast of Bitcoin BTC/USD for October 5, 2022

Technical Analysis and Forecast of Bitcoin BTC/USD for October 5, 2022Miners involved in bitcoin (BTC) mining have for years struggled with criticism related to high energy consumption, which translates into the environment. In search of solutions to the high energy demand for cryptocurrency mining, some countries have attempted to balance the amount, but still allow miners to run their current activities. To this end, the Argentine state-owned company - YPF - decided to supply unused gas to an international mining company, the media reported.

Technical Analysis of Ethereum ETH/USD for October 5, 2022

Technical Analysis of Ethereum ETH/USD for October 5, 2022Crypto Industry News: Following the proof-of-stake (PoS) transition of the Ethereum network, Ether (ETH) stacking now plays a central role in block validation and network security. However, some community members find the betting process too difficult, especially for the common people. Staking Etherum is too hard, community members say.

Trading Signal for Gold (XAU/USD) on October 5-6, 2022: SELL below 1,729 (overbought - 200 EMA)

Trading Signal for Gold (XAU/USD) on October 5-6, 2022: SELL below 1,729 (overbought - 200 EMA)Exchange Rates 05.10.2022 analysis Early in the European session, gold (XAU/USD) is trading at around 1,722 with a bullish bias but showing overbought levels. The price of gold has reached a new high so far this week around 1,729. Traders are eyeing the strong resistance at 1.735. The yellow metal rallied from a low of 1,695 (200 EMA), supported by weak US yields reaching new lows.

Elliott Wave Forecast: CVX (Chevron) is Still Correcting Cycle from March 2020 Low

Elliott Wave Forecast: CVX (Chevron) is Still Correcting Cycle from March 2020 LowChevron Corporation (CVX) is an American multinational energy company. It is the second largest oil company in the United States and has operation in more than 180 countries. Chevron is involved in the entire spectrum of supply chain within the oil and natural gas industries from exploration, production, refining, marketing, transport, and sales.

Elliott Wave Forecast: AUDUSD Rally to Fail for More Downside

Elliott Wave Forecast: AUDUSD Rally to Fail for More DownsideShort term Elliott Wave view on AUDUSD suggests that cycle from 8.11.2022 high is in progress as a 5 waves impulse structure. Down from 8.11.2022 high, wave 1 ended at 0.6699 and rally in wave 2 ended at 0.6916. Wave 3 took the form of an impulse in lesser degree. Down from wave 2, wave ((i)) ended at 0.6701 and rally in wave ((ii)) ended at 0.677.

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