Elliott-Waves-2_0

Elliott-Waves-2_0

I am publishing a series of the best stocks with the highest growth rates that I expect over the next few years. Today with the Adobe share with a target price of 973$.

Elliott-Waves-2_0

To confirm the USDCHF trade, a look at the Swiss franc future also shows that the franc is likely to face a few weaker years ahead.

Elliott-Waves-2_0

The USD will gain significantly against the franc over the next few years and has very probably already started to move towards 1.14.

Elliott-Waves-2_0

The company with the highest stock market value, will continue to be a good investment. In the current correction, the area around 167 should represent the bottom. After that, the price should continue to rise in the direction of 1.00.

Elliott-Waves-2_0 Updated 

Much like the Nasdaq, Amazon stock is in for a rough few years. While the stock has only known the way up in recent years, shareholders must currently have strong nerves. It is possible that the 61.8 retracement at $72 can be defended, but the stock will probably fall at least until then. The ideal target, however, is at 55.80$.

Elliott-Waves-2_0

The Nasdaq may have ended its small rally of the last few days with today's high. The 61.8 retracement at14337 is still a possible target on the upside, which could well still be fetched, but after that should be the end of fun and the index on direct way to final correction target at 8000 Pts.

Elliott-Waves-2_0

The EURUSD should have completed its upward correction with the high on April 26 and is now slowly moving towards its multi-year low at 0.7742. A clear indication for this count is that the price bounced almost exactly at the 50 retracement of the movement from January 2018 to the low from September last year.

Elliott-Waves-2_0

The euro is on the verge of ending its decades-long weakness against the franc; all that is missing is another low at 0.9054. After that, it should first go up properly. The arrow in this case only represents the direction of movement and is not linked to a target.

Elliott-Waves-2_0

Currently, we see a correction in the EURAUD which should extend to the area around 1.589 from where the region around 1.81 should be approached in order to reach the final target in the area of 2.02 to 2.04 after a renewed correction.

Elliott-Waves-2_0

The upward movement could be finished on the upside, as all minimum targets have been reached. However, I think it is more likely that we will first see 146.37 and then from there still run to the area between 162.86 and 163.1 to finally complete the movement.

Elliott-Waves-2_0

The yen is facing a long-term decline in value. Currently, a downward correction is still underway, in which another low is probably still missing. Basically, however, the signs point to rising prices in this pair. Exactly which targets will be reached in the individual upward waves will only gradually become apparent.

Elliott-Waves-2_0

The pair has almost reached the low in the current movement and should then correct once again to the range between 1.06 and 1.11 before the final low, ideal target is 0,09, so only the 0.786 extension should be reached, which is at 0.45 to 0.70 depending on the reference wave. From here, the USD should then move upwards in the longer term, but the outstanding...

Elliott-Waves-2_0

The Aussie is likely to retest the 2001 and 2020 lows, but a break does not seem likely at this time. It rather looks as if it should then go from here again in the direction of the high at 1.111 from 2011.

Elliott-Waves-2_0

The current upward movement could be completed and the turquoise (W) would be finished. Should the way to the high at 181.5 turn out to be a wxy, a correction towards 129 would now have to follow. It would also be possible that we see a wxyz, then the correction would not have to go quite so deep down.

Elliott-Waves-2_0

The yen is likely to depreciate in the longer term. With the low on March 24, the red X should have ended and the pair should already be on its way to its interim high at around 134.5. Of course, the correction could have already ended here, but this would result in targets in the negative range for the then upcoming green c, so that it can be assumed that another...

Elliott-Waves-2_0

Currently, with the low of April 26, the downward movement should be over for now and a correction should extend to the 0.777 area before marking the final low around 0.568 from here. However, there could be another low at 0.648 missing in the current downtrend.

Elliott-Waves-2_0

Gold is currently in the turquoise Z with target near the 0.618 extension. After a correction to the area of around 1800$, the rally towards 1.00 extension will be started. Here then perhaps even the 3000$ mark could be torn

Elliott-Waves-2_0

The Dax is about to complete the first upward wave of the started upward triple from the Corona low, designed as a wxyz.The high of the current wave should form in the 16460 area. After a correction to the 38 retracement at 13310 (not drawn here), it should then go up to 21400.