ElliotWave Forecast
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At Elliottwave-Forecast, we offer 24 hour coverage of 52 instruments from Monday – Friday using Elliott Wave Theory as primary tools of analysis. We provide Elliott Wave chart in 4 different time frames, up to 4 times a day update in 1 hour chart, two live sessions by our expert analysts, ... more

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Bitcoin Entered Wave Four And Offered Buying Opportunity
Bitcoin is showing a higher reaction. A break above $11417 high is still needed to confirm the wave ((v)) & a possible extension towards $11614- $11933 target area.
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Gold Miners Junior (GDXJ) Breaks 7 Year Base
Gold prices continue to extend higher as the EU sets to announce a historic €750 billion coronavirus stimulus. The US Congress is also debating for a new aid package to counter the economic effects of the pandemic.
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TSX: Canadian Stock Market Index Waiting For Commodities Breakout
Canadian companies are strongly represented in the oil, gas, metals, and mining industries. Hence, it is obvious that in a period of strong US dollar and low commodity prices, those companies could not rise significantly.
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TSLA Forecasting The Bounce Higher From Blue Box Area
TSLA continues to extend higher from the blue box. Up from 937.38 low, wave (i) ended at 998 high and the dip in wave (ii) ended at 948.52 low.
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EUR/AUD: Remains Bearish, Pushing For New Lows
I called for traders to sell EUR/AUD, and only a move above the second confluence zone would invalidate the "sell" trade setup. EUR/AUD has yet to hit these targets and I continue holding sells, as I expect the pair to hit them this coming week.
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EURGBP : Trading The Rally Higher
Since the start of May 2020 we at ElliottWave-Forecast have been advising our members that the EURGBP pair was going to rally higher.
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STOCKS I FOLLOW

APPL APPELL PETE CORP
CAD PIMCO ETF Trust
CL Colgate-Palmolive Co.
DAX Recon Capital DAX Germany ETF
DIS The Walt Disney Company
GLD SPDR Gold Trust ETF
GOLD Barrick Gold Corporation
NFLX Netflix Inc.
OIL iPath B S&P GSCI Crude Oil TR ETN
SBUX Starbucks Corporation
USD ProShares Ultra Semiconductors
USO United States Oil Fund, LP
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Latest Posts
COPPER ($HG_F) Buying The Dips After Elliott Wave Double Three Pattern
In this technical blog we’re going to take a quick look at the Elliott Wave charts of COPPER ( $HG_F) published in the membership area of the elliottwave-forecast .
Bitcoin Extended Higher From Blue Box
In this blog, we are going to take a look at the Elliott Wave chart of Bitcoin (BTC/USD). The 1 hour London chart update from July 28 shows that the cryptocurrency ended wave ((iii)) at 11417.11 high.
Elliott Wave View: DAX Finds Support After Pullback
DAX 30 minutes chart below shows that the Index has ended the cycle from July 21 peak. The decline unfolded as a zig-zag Elliott Wave Structure. Down from July 21 high, wave (A) ended at 12811.44 low.
Nikola Corporation ($NKLA) Looking For The Next Leg Up
Nikola has had quite a stellar 2020. With the stock price running from 10.31 to a high of 97.41 within the span of a few months, there is a lot of eyes on Nikola.
USDINR: The Pair Is Sending A Warning To $USDX.
The USDX has been trending higher since the lows in 2008. However, in trading, nothing lasts forever. New traders generally do not last very long in this field, thus most traders only know a strong $USDX due to recency bias.
$OR: Giant Of Cosmetics L'Oréal Remains Strong During Lockdown
L'Oréal S.A. is the world largest cosmetics and beauty company. Headquartered in Clichy, France, the field of activities concentrates on skin care, hair color, perfume, make-up, hair care, sun protection etc.
Elliott Wave View: Nasdaq Attempting For New Record
Nasdaq (NQ_F) 1 hour chart below shows that the Index has ended the correction from July 13 all-time high. The pullback unfolded as a flat Elliott Wave Structure.
Elliott Wave View: Break To Record High In Gold Confirms Bullish Market
Gold 1 hour chart below shows that the metal has ended the cycle from July 6 low in wave 3 at 1981.20 high. The metal has now broken to new all-time high above September 2011 high.

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