Elliottwave-Forecast.com (by EME PROCESSING AND CONSULTING LLC) was founded in 2005 by Eric Morera. Since inception our company has provided tailored Financial Market Services to thousands of clients. ElliottWave-Forecast has built a reputation on accurate technical analysis and a winning attitude. By successfully incorporating the Elliott Wave Theory with Market Correlation, Cycles, Proprietary Pivot System, we provide precise forecasts with up-to-date analysis for 52 instruments including FX majors, Gold, Silver, Copper, Oil, TNX and major Equity Indices. Our clients also have immediate access to our proprietary Actionable Trade Setups, Market Overview, 1 Hour, 4 Hour, Daily & Weekly Wave Counts. Weekend Webinar, Live Screen Sharing Sessions, Daily Technical Videos, Educational Resources, and 24 Hour chat room where they are provided live updates and given answers to their questions. 

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Title Date
Walmart (NYSE: WMT) Looking to Find Buyers During Pullbacks 2020/01/18
FCX Elliott Wave View: Buying The Wave 4 Pullback 2020/01/16
​ Swiss Franc Strengthens After Being Added Back to US Watch List 2020/01/16
Soybean May Benefit From US – China Phase 1 Trade Deal 2020/01/16
Using Market Correlation to Time The Entries 2020/01/10
NQ_F Buying Elliott Wave 4 Dip in Blue Box Area 2020/01/10
Advanced Micro Devices INC: $AMD Reaching Target Area 2020/01/10
$SMH Elliott Wave and Longer Term Cycles 2020/01/10
Crude Oil Prices Jump as Middle East Tension Escalated 2020/01/07
Hecla Mining (NYSE: HL) Impulsive Rally in Progress 2020/01/07
RTY_F (Russell Futures) Buying dips in Blue Boxes 2020/01/07
JNJ Bullish Outlook Suggests Further Upside for Next Year 2019/12/31
EURJPY Forecasting The Rally From The Blue Box Area 2019/12/31
GBPUSD : Buying the Breakout Higher 2019/12/31
Boeing ($B.A.): Path Remains Clear, Even With C.E.O. Fired 2019/12/25
Eurostoxx Buying Dips in Blue Boxes and Forecasting The Rally 2019/12/25
CVX (Chevron) Getting Ready for a Rally 2019/12/20
USDSEK Forecasting The Decline using Elliott Wave 2019/12/20
EURUSD : Identifying and Trading the Elliott Wave Zig Zag Pattern 2019/12/18
CHFJPY Calling the Rally After Double Three Elliott Wave Correction 2019/12/17
FXE Longer Term Cycles and Elliott Wave 2019/12/17
​ U.S. Stock Market Surged as November Payroll Smashed Expectation 2019/12/10
Pound Sterling Maintains Strength as Tories Projected to Win 2019/12/10
XLV Buying The Short-term Pullbacks At Blue Box Areas 2019/12/10
Ten Year Notes ($ZN_F) low on 10.08.2018 Will Decide The Extension In $SPY 2019/12/06
XLP Elliott Wave View: Buying The Dips At Blue Box Areas 2019/12/04
Fortinet Inc (NASDAQ: FTNT) Making Record Highs 2019/12/04
Global Indices Should Remain Resilient Despite Geopolitical Threat 2019/11/29
​ Will the Passing of Hong Kong Human Rights and Democracy Act Threaten Stock Market Rally? 2019/11/26
Kirkland Lake Gold Ltd. (NYSE: KL) New All-Time-High in Sight 2019/11/26
​ $EWC iShares MSCI Canada ETF Long Term Cycles & Elliott Wave 2019/11/26
​ The Nasdaq Tracker QQQ Long Term Cycles & Elliott Wave 2019/11/21
Gold Suffered Biggest Weekly Drop in 3 Years on Trade Prospect 2019/11/13
AMZN Buying The Elliott Wave Dips At Blue Box Area 2019/11/13
Pivotal Software Inc. Reacting From Blue Box 2019/11/13
$SPY price action is in alignment with US 2020 Elections or Impeachment debate 2019/11/13
FXC Canadian Dollar Trust Long Term Cycles & Elliott Wave 2019/11/05
Elliott Wave View: Google (GOOGL) Looking Higher into $1561 Area 2019/10/31
$SPY Expanded Flat, Déjà Vu All Over Again 2019/10/31
Goldman Sachs (NYSE : GS) Bulls Aiming for Strong Rally 2019/10/31
Rallies In Lufthansa Stock Should Fail For More Downside 2019/10/23
​ Boeing Stock is Showing Why 2009 Cycle Is Still Alive in SPY 2019/10/23
GBPNZD and GBPAUD Elliott Wave Outlook in Crucial Brexit Final Weeks 2019/10/23
USDMXN: Multi Year Consolidation Should Break Lower 2019/10/18
GBPAUD : Watching for Possible Selling Opportunities 2019/10/15
​ Poundsterling Soars as UK and Irish Leaders Find Pathway to Brexit Deal 2019/10/15
Walmart (NYSE: WMT) Bull Run Leads the Market 2019/10/15
Palladium: Buying Elliott Wave 4 Dip in Blue Box 2019/10/15
USO United States Oil Fund Longer Term Cycles & Elliott Wave 2019/10/09
Xilinx (NASDAQ: XLNX) Another Buying Opportunity 2019/10/09
S&P 500 (SPX) Outlook in the Week of U.S – China Trade Talk 2019/10/09
FXY Longer Term Cycles & Elliott Wave 2019/10/09
$SPY: Elliott Wave Impulse Simple Rule Imply Bulls are Still in Control 2019/10/04
Seabridge Gold Analysis: Stock Should Remain Supported 2019/10/02
​ Will XAUUSD Follow The Path of Gold vs other Major Currencies? 2019/10/02
GBPCAD : Bearish Market Patterns Calling for Another Move Lower 2019/10/02
Bank Of America (NYSE: BAC) Inverted Head & Shoulder 2019/09/25
Lufthansa AG Stock Should Remain Weak In The Coming Weeks 2019/09/25
Microsoft Elliott Wave View: Why It Will Be Supported Into $157.78-$172.77 Area 2019/09/25
NZDCAD : Will the Pair Continue Lower? 2019/09/25
CPER Copper Index Tracker Long Term Cycles & Elliott Wave 2019/09/25
EURUSD Selling The Elliott Wave Bounce At Blue Box Area 2019/09/25
RBNZ Likely Holds Interest Rate Steady 2019/09/25
The TLT Longer Term Cycles and Elliott Wave Analysis 2019/09/25
USDTRY Elliott Wave View: Double Three Structure Ended from May 2019/09/12
Netflix Selling Elliott Wave Blue Box At The Extreme Areas 2019/09/11
AUDUSD : Calling the Move Lower 2019/09/10
RWE Electric Utilities Stock Looking for More Recovery 2019/09/10
Profit Taking in Gold as Trade Talk Resumes 2019/09/10
The FXB Longer Term Bearish Cycles 2019/09/10
GDX Elliott Wave Analysis: Calling The Reaction Higher From Inflection Area 2019/09/06
EQT Corporation (NYSE: EQT) – Ending a Corrective Decline 2019/09/06
UUP Bullish Cycles from May 2011 lows 2019/09/03
Gold Broke to New All-Time High Against Most Major Currencies 2019/09/03
Swedish Krona and Singapore Dollar Cycles Support DXY 2019/09/03
Buying Elliott Wave Dips In 10 Year T-Note Futures 2019/09/03
Canopy Growth Corporation – Investment Opportunity Around the Corner 2019/08/28
Why Oil Will be Supported Over The Long-Term In To $100 2019/08/28
Buying Elliott Wave Dips In 10 Year T-Note Futures 2019/08/28
​ German Daimler AG Stock Under Serious Pressure, Whats Next? 2019/08/27
Trade War Escalation Put Selling Pressure to S&P 500 (SPX) 2019/08/27
FXA Bearish Cycle From The July 2011 Highs 2019/08/27
BMW AG Stock Sending Warning To German Automobile Sector 2019/08/27
GLD Longer Term Cycles and Elliott Wave Analysis 2019/08/19
Why Silver Price Is Sending A Warning To The SPX 2019/08/19
Elliott Wave Analysis: Trading USDNOK with Right Side System 2019/08/19
​ Inverted Yield Curve and What It May Mean to the Indices 2019/08/19
EURUSD : Bearish Market Patterns 2019/08/19
GBPUSD : Calling the Move Lower 2019/08/13
SEKJPY Elliott Wave View: Pair Is Showing The Map For The YEN Group 2019/08/13
Australian Dollar Slumps as Rate Cut Expectation Rises 2019/08/13
​ Disney (NYSE: DIS) Impulsive Structure is Supporting Further Rally 2019/08/13
GDX Elliott Wave View: Found Buyers in Blue Box and Rallied 2019/08/10
Gold Elliott Wave View: $2700 Area Should Be In The Horizon 2019/08/10
HG_F (Copper) Incomplete Elliott Wave Sequence and Next Opportunity 2019/08/10
Boeing Elliott Wave Analysis: Stock Will Dictate Path For World Indices 2019/08/10
An Elliott Wave Structure : Triple Three Corrections 2019/08/10
Lockheed Martin (NYSE: LMT) Bulls Facing CrossRoad 2019/08/02
Can Binance Coin (BNB) Price Reach 100$ in 2020 ? 2019/07/23
eBay Rally Aiming For Break To New All Time Highs 2019/07/18

Analysts

  • Eric Morera

    Chief Currency Strategist and Partner
  • Daud Bhatti

    Senior Technical Analyst and Partner
  • Hendra Lau

    Senior Technical Analyst
Eric Morera

Walmart (NYSE: WMT) Looking to Find Buyers During Pullbacks

Walmart (NYSE: WMT) Looking to Find Buyers During Pullbacks January 17, 2020 By In today’s article, we’ll be taking a look at the current  for the world’s largest retailer Walmart (NYSE: WMT). Since August 2019, WMT rallied within an impulsive 5 waves advance which took the stock to new all time highs before the cycle ends on November at $125.69. Down from there, it started a correcting lower that unfolded in 3 waves move as a which reached the equal legs area at $113.7 – $108.6. The blue boxes presented in the chart is a High-frequency area where the instrument is likely to end cycl...

Eric Morera

FCX Elliott Wave View: Buying The Wave 4 Pullback

FCX Elliott Wave View: Buying The Wave 4 Pullback January 15, 2020 By In this technical blog, we are going to take a look at the past performance of 1 hour  Charts of FCX, which we presented to members at . In which, the rally from 9 October 2019, showed an impulse sequence with right side tag pointing higher favored more strength. Therefore, our strategy remains to buy the Elliott wave dips in 3, 7 or 11 swings into the direction of right side tag to complete the 5 waves impulse structure. We will explain the forecast & structure below. FCX 1 Hour Elliott Wave Chart From 12/20/2019 ...

Eric Morera

​ Swiss Franc Strengthens After Being Added Back to US Watch List

Swiss Franc Strengthens After Being Added Back to US Watch List January 16, 2020 By Swiss Franc strengthens on Tuesday, January 14 2020, after the US Treasury Department added Switzerland to its watch list for countries labelled as “currency manipulator” alongside other countries such as Germany, Ireland, Italy, Japan, Malaysia, Singapore, South Korea and Vietnam. This is not the first time Switzerland has been added to the watch list. In 2016, US added the country to the list after it abandoned its Euro peg. Two years later, in 2018, the US Treasury Department removed it from the list...

Eric Morera

Soybean May Benefit From US – China Phase 1 Trade Deal

Soybean May Benefit From US – China Phase 1 Trade Deal January 16, 2020 By With the official signing of Phase 1 trade deal between US and China today, we may have seen the worst in Soybean’s market at least in the short term. This of course assumes that China can commit to the agreement and US doesn’t take another measure. However, it seems safe to say that the tit-for-tat trade war should cease for the time being. With Phase 1 trade deal, China’s soybean import should revert to normal and may even rise significantly. China has also scrapped the import tariff for Soybean. China is the...

Eric Morera

Using Market Correlation to Time The Entries

Using Market Correlation to Time The Entries January 9, 2020 By Last year turned out to be great for GBP crosses as they managed to put in strong rallies in favor of GBP since December 2018 lows or highs. In this article, we would concentrate on two of the GBP crosses namely GBPAUD and GBPNZD because the rallies last year in these two instruments managed to break above their respective October 2018 high which created an incomplete bullish sequence. Let’s start by taking a look at the chart of GBPAUD below which shows the cycle and number of swings up from October 2016 low GBPAUD Ellio...

Hendra Lau

Has the Next Bull Market for Gold Started?

Has the Next Bull Market for Gold Started? Gold has been used as the currency of choice throughout history, despite what the central banks of the world say. Ben Bernanke, then the Fed Chairman, famously said that Gold is not money in 2011 during congressional hearing with Senator Ron Paul. Since President Nixon removed Gold’s peg from the US Dollar in 1971, the world has officially came off the yellow metal’s standard. This new fiat system is backed only by faith in the government who issue it. Once the gold standard was dropped, countries began printing more of their own currency. T...

Hendra Lau

Elliott Wave Analysis: Palladium’s Target Area Reaction

Elliott Wave Analysis: Palladium’s Target Area Reaction Welcome traders, today we will look at a couple of Palladium futures (PA #F) charts. The metal reached one of our blue target areas and react perfectly to our expectations. This will show you how profitable and efficient it can be to trade with our philosophy and basic Elliott Wave analysis. First of all, we start with Palladium futures’ 45 minute chart from December 23rd presented to our members. At the time, we maintained a bullish perspective due to our Elliott Wave analysis. Our count suggested an ending diagonal cycle waiting...

Hendra Lau

Corn Futures Forecasting The Decline After Elliott Wave Flat

Corn Futures Forecasting The Decline After Elliott Wave Flat   Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of Corn Futures published in members area of the website. As our members know, the Commodity has corrected the cycle from the 412’7 peak. Proposed recovery has been unfolding as Expanded Elliott Wave Flat structure. In further text we’re going to explain the forecast and Elliott Wave Pattern. Before we take a look at the real market example of Expanded Flat, let’s explain the pattern in a few words. is a 3 wave corrective...

Eric Morera

EURJPY Elliott Wave Analysis Update 6.29.2017

​EURJPY the near term cycle from June 15 low is showing 5 waves impulsive sequence, favoring more upside in the pair as far as trading above 6/15 low 122.3

Gold Elliott Wave View: pullback ending

​Gold has ended the near term cycle from 4/10 low as 5 waves impulse sequence in wave (a) higher at 1295 peak below from there metal is correcting

Hendra Lau

BABA Elliott Wave View: Found Buyers in Blue Box and Rallied

BABA Elliott Wave View: Found Buyers in Blue Box and Rallied   In this blog, we will have a look at some recent short-term Elliott Wave charts of BABA which we presented to our members in the past. Below, you see the 1-hour updated chart presented to our clients on the 08/19/18 indicating that BABA ended the cycle from 06/05 low in blue wave (IV). BABA ended the long-term cycle in blue wave (III), at the high of around 212 (06/05 peak). Below from there, it started a pullback lower in blue wave (IV). The pullback proposed to unfolded as an . After reaching the equal from 06/05 towards t...

Hendra Lau

Market Participants Betting on Nafta Deal between US and Canada

The Canadian Dollar strengthened to a two month high against US Dollar earlier this week. Market participants seem to bet on possible inclusion of Canada in a new Nafta pact. The U.S. has just concluded a successful bilateral talk with Mexico on Monday. Under the new agreement, cars need to have 75% of their content originate in the U.S and Mexico. The current Nafta requires 62.5% originate within North America. Under the new deal, 40-45% of auto content need to be made by workers who make more than $16 per hour, favoring the U.S. and Canada. President Trump has threatened to put 25% tariffs ...

Fear of Hard Brexit and Poundsterling

​Fears of the consequences of the hard Brexit sent pound tumbling down to a new 31-year low against the dollar. The current rate around 1.27 is a level not seen since June 1985. Going forward, the uncertainty surrounding the negotiations can create volatility to the pound as the process of leaving the EU gets underway.

The Future of Energy Sector

​Scientists are looking to power the planet with renewable energy by the year 2030 , till that happens the main source for the world energy will remain OIL , GAS and Coal as we can see it clearly in the world energy demand figure which proves that Energy Sector is still among the strongest investment for the future even many are expecting it to reach the end of an era which could drive the public away from investing in its related stocks .To have a better understanding let’s check The Energy Select SPDR (XLE) which is an Exchange Traded Fund (ETF) that tracks the Energy Sector Index and the fu...

How far USD will rally - Gold may provide an answer

​Fed Chairwoman Janet Yellen and other Fed members gave hawkish comments at Jackson Hole meeting last week, boosting the U.S. dollar against several currencies. Janet Yellen suggested that in light of the solid performance in the labor market, the case for an increase in federal funds rate has strengthened in recent months. However, she did not specifically say the timing of the next rate hike and added that the decision to raise rate will depend on the incoming data. Vice-chairman Fisher and Federal Reserve Bank of Dallas Governor Kaplan further added the Fed may hike rates in September if jo...

Potential Impacts of Brexit

​Market, Political, and Economic Impact of Brexit and Technical Picks to play it.,Take our FREE 14 Day Trial to find levels to trade $GBPUSD, $EURGBP, and other forex, indices, and commodities using Elliottwave technique. You may also read other technical articles at our Technical Blogs and check Chart of The Day. 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, 24 hour chat room moderated by our expert analysts, market overview, and much more!

Eric Morera

Walmart (NYSE: WMT) Looking to Find Buyers During Pullbacks

Walmart (NYSE: WMT) Looking to Find Buyers During Pullbacks January 17, 2020 By In today’s article, we’ll be taking a look at the current  for the world’s largest retailer Walmart (NYSE: WMT). Since August 2019, WMT rallied within an impulsive 5 waves advance which took the stock to new all time highs before the cycle ends on November at $125.69. Down from there, it started a correcting lower that unfolded in 3 waves move as a which reached the equal legs area at $113.7 – $108.6. The blue boxes presented in the chart is a High-frequency area where the instrument is likely to end cycl...

Eric Morera

FCX Elliott Wave View: Buying The Wave 4 Pullback

FCX Elliott Wave View: Buying The Wave 4 Pullback January 15, 2020 By In this technical blog, we are going to take a look at the past performance of 1 hour  Charts of FCX, which we presented to members at . In which, the rally from 9 October 2019, showed an impulse sequence with right side tag pointing higher favored more strength. Therefore, our strategy remains to buy the Elliott wave dips in 3, 7 or 11 swings into the direction of right side tag to complete the 5 waves impulse structure. We will explain the forecast & structure below. FCX 1 Hour Elliott Wave Chart From 12/20/2019 ...

Eric Morera

​ Swiss Franc Strengthens After Being Added Back to US Watch List

Swiss Franc Strengthens After Being Added Back to US Watch List January 16, 2020 By Swiss Franc strengthens on Tuesday, January 14 2020, after the US Treasury Department added Switzerland to its watch list for countries labelled as “currency manipulator” alongside other countries such as Germany, Ireland, Italy, Japan, Malaysia, Singapore, South Korea and Vietnam. This is not the first time Switzerland has been added to the watch list. In 2016, US added the country to the list after it abandoned its Euro peg. Two years later, in 2018, the US Treasury Department removed it from the list...

Eric Morera

Soybean May Benefit From US – China Phase 1 Trade Deal

Soybean May Benefit From US – China Phase 1 Trade Deal January 16, 2020 By With the official signing of Phase 1 trade deal between US and China today, we may have seen the worst in Soybean’s market at least in the short term. This of course assumes that China can commit to the agreement and US doesn’t take another measure. However, it seems safe to say that the tit-for-tat trade war should cease for the time being. With Phase 1 trade deal, China’s soybean import should revert to normal and may even rise significantly. China has also scrapped the import tariff for Soybean. China is the...

Eric Morera

Using Market Correlation to Time The Entries

Using Market Correlation to Time The Entries January 9, 2020 By Last year turned out to be great for GBP crosses as they managed to put in strong rallies in favor of GBP since December 2018 lows or highs. In this article, we would concentrate on two of the GBP crosses namely GBPAUD and GBPNZD because the rallies last year in these two instruments managed to break above their respective October 2018 high which created an incomplete bullish sequence. Let’s start by taking a look at the chart of GBPAUD below which shows the cycle and number of swings up from October 2016 low GBPAUD Ellio...

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