Elliott Forecast

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. 

Daud Bhatti
  • Daud Bhatti

Vertex Pharmaceuticals (VRTX) Should Remain Supported

  February 27, 2024 By  Vertex Pharmaceuticals Incorporated (VRTX), is a biotechnology company. It engages in developing & commercializing therapies for treating cystic fibrosis (CF). The company has collaborations with CRISPR Therapeutics AG, Moderna Inc, Entrada Therapeutics Inc, Arbor Biotechnologies Inc, Mammoth Biosciences Inc & Verve Therapeutics. It is based in Boston, US, comes under Healthcare sector & trades as “VRTX” ticker at Nasdaq. It is having 111.9 B$ market cap as on 26-...

Daud Bhatti
  • Daud Bhatti

GBPJPY Perfect Reaction Higher From Blue Box Area

GBPJPY Perfect Reaction Higher From Blue Box Area February 27, 2024 By  In this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of GBPJPY. In which, the rally from 13 December 2023 low unfolded as an  and called for an extension higher to take place. Therefore, we knew that the structure in GBPJPY should remain supported & extend higher. So, we advised members not to sell the pair & buy the dips in 3, 7, or 11 swings at the blue box areas. We will e...

Daud Bhatti
  • Daud Bhatti

Microsoft (MSFT) Short Term Support Area

  February 27, 2024 By  Cycle from 12.4.2023 low ended with wave (1) at 421.33 as the 30 minutes chart below shows. The stock then is pulling back in wave (2) with internal subdivision as a . Down from wave (1), wave ((a)) ended at 408.84 and wave ((b)) ended at 416.1. Wave ((c)) lower ended at 403.39 which completed wave W in higher degree. Up from there, wave ((a)) ended at 410.07 and wave ((b)) ended at 404.57. Wave ((c)) higher ended at 412 which completed wave X. The stock then resu...

Daud Bhatti
  • Daud Bhatti

QQQ Buying The Dips After Elliott Wave Zig Zag Pattern

  February 26, 2024 By  Hello fellow traders.  In this technical blog we’re going to take a quick look at the  of QQQ ETF , published in members area of the website. As our members know the ETF is showing impulsive bullish sequences in the cycle from the 254.07  low.  Consequently , we were calling for the further rally in QQQ. Recently we got a pull back that has had a form of Elliott Wave Zig Zag pattern.  In the further text we are going to explain the Elliott Wave Pattern and the tra...

Daud Bhatti
  • Daud Bhatti

Uranium ETF (URA) Correction in Progress

  February 26, 2024 By  URA is a Uranium ETF that tracks the performance of companies involved in the uranium industry globally. It provides investors with diversified exposure to uranium mining, exploration, and production companies, offering a convenient way to invest in this sector. Below we will take a look at the Elliott Wave outlook for the ETF. $URA Elliott Wave Chart Monthly Chart Monthly Elliott Wave Chart of Uranium ETF (ETF) above shows that the ETF ended wave ((II)) at 6....

Daud Bhatti
  • Daud Bhatti

Vertex Pharmaceuticals (VRTX) Should Remain Supported

  February 27, 2024 By  Vertex Pharmaceuticals Incorporated (VRTX), is a biotechnology company. It engages in developing & commercializing therapies for treating cystic fibrosis (CF). The company has collaborations with CRISPR Therapeutics AG, Moderna Inc, Entrada Therapeutics Inc, Arbor Biotechnologies Inc, Mammoth Biosciences Inc & Verve Therapeutics. It is based in Boston, US, comes under Healthcare sector & trades as “VRTX” ticker at Nasdaq. It is having 111.9 B$ market cap as on 26-...

Daud Bhatti
  • Daud Bhatti

GBPJPY Perfect Reaction Higher From Blue Box Area

GBPJPY Perfect Reaction Higher From Blue Box Area February 27, 2024 By  In this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of GBPJPY. In which, the rally from 13 December 2023 low unfolded as an  and called for an extension higher to take place. Therefore, we knew that the structure in GBPJPY should remain supported & extend higher. So, we advised members not to sell the pair & buy the dips in 3, 7, or 11 swings at the blue box areas. We will e...

Daud Bhatti
  • Daud Bhatti

Microsoft (MSFT) Short Term Support Area

  February 27, 2024 By  Cycle from 12.4.2023 low ended with wave (1) at 421.33 as the 30 minutes chart below shows. The stock then is pulling back in wave (2) with internal subdivision as a . Down from wave (1), wave ((a)) ended at 408.84 and wave ((b)) ended at 416.1. Wave ((c)) lower ended at 403.39 which completed wave W in higher degree. Up from there, wave ((a)) ended at 410.07 and wave ((b)) ended at 404.57. Wave ((c)) higher ended at 412 which completed wave X. The stock then resu...

Daud Bhatti
  • Daud Bhatti

QQQ Buying The Dips After Elliott Wave Zig Zag Pattern

  February 26, 2024 By  Hello fellow traders.  In this technical blog we’re going to take a quick look at the  of QQQ ETF , published in members area of the website. As our members know the ETF is showing impulsive bullish sequences in the cycle from the 254.07  low.  Consequently , we were calling for the further rally in QQQ. Recently we got a pull back that has had a form of Elliott Wave Zig Zag pattern.  In the further text we are going to explain the Elliott Wave Pattern and the tra...

Daud Bhatti
  • Daud Bhatti

Uranium ETF (URA) Correction in Progress

  February 26, 2024 By  URA is a Uranium ETF that tracks the performance of companies involved in the uranium industry globally. It provides investors with diversified exposure to uranium mining, exploration, and production companies, offering a convenient way to invest in this sector. Below we will take a look at the Elliott Wave outlook for the ETF. $URA Elliott Wave Chart Monthly Chart Monthly Elliott Wave Chart of Uranium ETF (ETF) above shows that the ETF ended wave ((II)) at 6....

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...

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 ...

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 exp...

Hendra Lau
  • 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 wh...

Hendra Lau
  • 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 bull...

Hendra Lau
  • 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 r...

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

Gold Elliott Wave View: Pullback completed

​Gold has ended the near term cycle from 4/10 at 1295.60 peak, below from there metal is correcting that cycle & correction could be done at 1281

Daud Bhatti
  • Daud Bhatti

Tesla (TSLA) Correction Remains in Progress

  August 15, 2023 By  Tesla (TSLA) cycle from July 19, 2023 high remains in progres. The cycle has a 100% – 161.8% Fibonacci extension area target of 198.9 – 227.6. Near term, cycle from July 31 high is in progress as an impulse Elliott Wave structure. Down from July 31 high, wave ((i)) ended at 250.49 and wave ((ii)) rally ended at 264.79 as the  30 minutes chart below shows. The stock then extended lower in wave ((iii)). Down from wave ((ii)), wave (i) ended at 253.1 and rally in wave ...

Daud Bhatti
  • Daud Bhatti

Eli Lilly & Company (LLY) Remains Supported In Bullish sequence

  August 15, 2023 By  Eli Lilly & Company (LLY) discovers, develops & markets human pharmaceuticals worldwide. It is based in Indianapolis, Indiana, US, comes under Healthcare sector & trades as “LLY” ticker at NYSE. As shown from , LLY favors higher in ((3)) of III as the part of  sequence & expect to extend towards 584 or higher levels before it may correct lower in ((4)). LLY – Elliott Wave View From 7.09.2023:  In Weekly sequence, it finished (I) at $92.85 high in September-2015 &...

Daud Bhatti
  • Daud Bhatti

NVIDIA Corp. ($NVDA) Found Buyers After a Corrective Pull Back.

  August 14, 2023 By  Hello everyone. In today’s article, we will look at the past performance of the 4 Hour Elliott Wave chart of NVIDIA Corp. ($NVDA) The rally from 10.13.2022 low unfolded as a 5 wave impulse breaking to new all time highs with an incomplete bullish sequence from 2.28.2023 low. So, we expected the pullback to unfold in 7 swings and find buyers. We will explain the structure & forecast below: $NVDA 4H Elliott Wave Chart 8.09.2023: Here is the 4H Elliott Wave count fro...

Daud Bhatti
  • Daud Bhatti

CHFJPY Made The Rally After 3 Waves Pull Back

  August 13, 2023 By  Hello fellow traders. In this technical article we’re going to take a look at the  charts of CHFJPY forex pair published in members area of the website.  As our members know CHFJPY is showing impulsive bullish sequences in the cycle from the January 2023 low. The pair has recently  made pull back against the 158.8  pivot. The pair made clear 3 waves correction and gave us rally toward new highs as expected. In further text we’re going to explain the  Elliott Wave pa...

Daud Bhatti
  • Daud Bhatti

American Express (AXP) Structure Shows Financial Crisis Are Coming

American Express Company (Amex), symbol AXP, is an American multinational financial services corporation that specializes in payment cards. Headquartered in New York City, it is one of the most valuable companies in the world and one of the 30 components of the Dow Jones Industrial Average. AXP Weekly Chart August 2023 We believe that the AXP ended a Great Super Cycle at the peak of 199.55 which we call wave ((I)). From there, started a bearish structure (a), (b), and (c). Wave (a) built a l...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch