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By EWFHendra     May 21, 2020    - 1 min read

Elliott Wave View: Further Downside in GBPNZD

GBPNZD broke below 3.19.2020 low (1.9899) creating an incomplete bearish sequence from 3.9.2020 high (2.182). Short term Elliott Wave View suggests the decline from 4.1.2020 high is unfolding as a…

By EWFHendra     May 20, 2020    - 1 min read

Elliott Wave View: Amazon (AMZN) Impulsive Move In Progress

Amazon stock (ticker: AMZN) continues to perform well as the demand of the service surges due to the Covid-19. The pandemic forces people to stay at home and buy a…

By EWFHendra     May 19, 2020    - 1 min read

Elliott Wave View: SPY Has Resumed Wave 3 Higher

Short Term Elliott Wave view in SPY (S&P 500 ETF) suggests the rally from 3.23.2020 ended at 296.77 as wave ((1)). Pullback in wave ((2)) is proposed complete at 273.07…

By EWFHendra     May 15, 2020    - 1 min read

Elliott Wave View: Pound Sterling in a New Impulsive Lower

The decline in Pound Sterling from 4.15.2020 high is unfolding as a 5 waves impulsive Elliott Wave structure, Down from 4.15,2020 high, wave 1 ended at 1.2245 and bounce in…

By EWFHendra     May 14, 2020    - 2 min read

Elliott Wave View: Russell 2000 (RTY) Reaching Short Term Support

As a larger context, the rally in Russell 2000 (RTY) from 3.19.2020 low took the form of an impulsive structure. Up from there, wave (1) ended at 1180.3 and wave…

By EWFHendra     May 13, 2020    - 2 min read

Elliott Wave View: Dow Futures (YM_F) Resumes Correction Lower

Elliott Wave View in Dow Futures (YM_F) suggests the rally from 3.23.2020 low ended wave ((1)) at 24806 as an impulse structure. Up from 3.23.2020 low, wave (1) ended at…

By EWFHendra     May 12, 2020    - 1 min read

Elliott Wave View: DAX Ended Correction and Turns Lower

Short Term Elliott Wave view in DAX suggests the rally from 3.16.2020 low ended at 11242.77 as an impulse structure. Up from 3.16.2020 low, wave (1) ended at 9145.93 and…

By EWFHendra     May 8, 2020    - 1 min read

Elliott Wave View: USDJPY Has Scope for Further Downside

USDJPY shows incomplete lower low (bearish) sequence from March 26, 2020 high and pair has scope to see more downside. The decline from March 26 high is unfolding as a…

By EWFHendra     May 7, 2020    - 2 min read

Elliott Wave View: Bitcoin Ending Diagonal in Progress

Rally in Bitcoin (BTCUSD) from April 16, 2020 low is unfolding as a 5 waves impulse Elliott Waves structure. Up from April 16 low, wave 1 ended at 7306.15 and…