By EWFHendra     May 17, 2023    - 2 min read

Gold (XAUUSD) Short Term Elliott Wave Support Area

Short Term Elliott Wave view suggests Gold ended wave 1 rally at 2081.82. Pullback in wave 2 is in progress as a double three Elliott Wave structure. Down from wave…

By EWFHendra     May 16, 2023    - 2 min read

Google (GOOGL) Elliott Wave Impulsive Structure Incomplete

Short Term Elliott Wave View on Google ($GOOGL) suggests it ended wave 2 pullback at 103.68. Wave 3 higher is currently in progress with internal subdivision as a 5 waves…

By EWFHendra     May 12, 2023    - 2 min read

Elliott Wave Forecast: Dollar Index ($DXY) Rally Should Fail

Short Term Elliott Wave View on Dollar Index ($DXY) suggests that the rally from 4.14.2023 low is in progress as a zigzag structure. Up from 4.14.2023 low, wave ((a)) ended…

By EWFHendra     May 11, 2023    - 2 min read

Elliott Wave Outlook: S&P-500 E-Mini (ES) Looking to Extend Higher

Short Term Elliott Wave View on S&P 500 E-Mini (ES) below shows that the Index ended wave 3 at 4206.25 and pullback in wave 4 is proposed complete at 4062.25.…

By EWFHendra     May 10, 2023    - 2 min read

Elliott Wave Impulse Decline in Exxon Mobil ($XOM) Suggests Further Downside

Short term Elliott Wave view in Exxon Mobil (ticker: $XOM) suggests that the decline from 4.28.2023 high took the form of a 5 waves impulse. Down from 4.28.2023 high, wave…

By EWFHendra     May 9, 2023    - 2 min read

Elliott Wave Suggests Short Term Bullish Outlook in GBPJPY

Cycle from 1.3.2023 low is in progress as a 5 waves impulsive Elliott Wave structure. Short Term Elliott Wave Chart below shows that wave (2) ended at 165.4 and pair…

By EWFHendra     May 5, 2023    - 2 min read

Elliott Wave Forecast: $USDCHF Rally Should Fail for More Downside

The 45 minutes chart below shows $USDCHF ended wave 1 at  0.885 and rally in wave 2 ended at 0.899. Internal subdivision of wave 2 unfolded as a double three…

By EWFHendra     May 4, 2023    - 2 min read

Russell 2000 (RTY) Looking to Break Lower

Russell 2000 (RTY) Cycle from 4.3.2023 high is in progress as a 5 waves diagonal. Down from 4.3.2023 high, wave (i) ended at 1752.7 and rally in wave (ii) ended…

By EWFHendra     May 3, 2023    - 2 min read

Ethereum (ETHUSD) Has Scope to Correct Further from Elliott Wave Perspective

Ethereum (ETHUSD) ended cycle from 3.10.2023 low with wave 1 at 2140.9 as the 1 hour chart below shows. The crypto-currency is now correcting cycle from 3.10.2023 low in wave…