Elliott Wave View: USDJPY Looking for Further Downside
Short Term Elliott Wave View in USDJPY suggests the rally to 116.34 ended wave (1) on February 10, 2022. Pair has since turned lower in wave (2) with internal subdivision…
Elliott Wave View: USDCAD Near Support Area
Short Term Elliott Wave View suggests the rally from January 19 low ended wave 1 at 1.28775. Internal subdivision of wave 1 unfolded as a 5 waves impulse structure. Up…
Elliott Wave View: Nasdaq (NQ) Looking to do Bigger Pullback
Short Term Elliott Wave in Nasdaq (NQ) suggests that the decline from February 2, 2022 peak is unfolding as a double three Elliott Wave structure. Down from February 2, wave…
Elliott Wave View: Nikkei (NKD) Searching for Support
Nikkei Futures (NKD) is presently at the 100% - 161.8% Fibonacci extension from February 16, 2021 high and the Index is searching for support. Short Term view suggests that the…
Threat of War and High Inflation Support Gold
After 1 year of muted and sideways movement, Gold looks to show some strength recently. Gold futures settled at $1900 an ounce for the first time since June last year.…
Elliott Wave View: CADJPY Looking for Further Downside
Short Term Elliott Wave View on CADJPY suggests that the rally to 91.7 ended wave (2). Pair has turned lower in wave (3) with internal subdivision as a 5 waves…
Elliott Wave View: USDSEK Looking for Another Leg Higher
Short Term Elliott Wave View on USDSEK suggests that the pullback to 9.06 ended wave 2. Pair has turned higher in wave 3 with internal subdivision as a 5 waves…
Elliott Wave View: Nike (NKE) At Potential Support Area
Since bottoming on March 18, 2020 low, Nike (NKE) rallied as a 5 waves into $179.10 which ended wave I on November 5, 2021 peak. Since then, the stock has…
Elliott Wave View: NZDJPY Turns Lower After 3 Waves Rally
Short term Elliott Wave view in NZDJPY suggests that decline from January 5, 2022 peak is unfolding as a 5 waves impulse structure. Down from January 5 peak, wave (1)…
