EWFHendra

By EWFHendra    March 23, 2022    - 4 min read

How Momentum Indicator (RSI) is Used with Elliott Wave

There are several different momentum indicators. One of the popular ones is the RSI (Relative Strength Index) which was developed in 1978 by J. Welles Wilder. The RSI is in…

By EWFHendra    March 23, 2022    - 1 min read

Elliott Wave View: Nifty Reacting Higher After 3 Swing Pullback

After forming the top on October 19, 2021 peak at 18604.45, Nifty has been correcting lower in 3 swing. It reached the 100% - 123.6% extension area at 15638 -…

By EWFHendra    March 22, 2022    - 1 min read

Elliott Wave View: AUDJPY Starts a New Bullish Cycle

AUDJPY manages to break above the previous daily high on October 21, 2021 at 86.26. This suggests that pair may have started a new bullish cycle. Short Term Elliott Wave…

By EWFHendra    March 20, 2022    - 2 min read

Newmont Mining (NEM) Leading Miners to the Upside

Newmont Mining (ticker: NEM) is the world's largest gold mining company, based in Greenwood Village, Colorado, United States. It has ownership of gold mines in Nevada, Colorado, Ontario, Quebec, Mexico,…

By EWFHendra    March 15, 2022    - 1 min read

Elliott Wave View: Silver Buyers Should Appear Soon

Short Term Elliott Wave View in Silver (XAGUSD) suggests the rally from December 15, 2021 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from December 15,…

By EWFHendra    March 14, 2022    - 2 min read

Pan American Silver (PAAS) Has Started the Next Bullish Leg

Pan American Silver Corporation (ticker: PAAS) is engaged in the production and sale of silver, gold, zinc, lead and copper. It also has other related activities, including exploration, extraction, processing, refining…

By EWFHendra    March 11, 2022    - 1 min read

Elliott Wave View: USDCHF 5 Waves Rally Favors Upside

Short Term Elliott Wave View in USDCHF suggests the rally from January 13, 2022 low is unfolding as a 5 waves impulse. Up from January 13 low, wave 1 ended…

By EWFHendra    March 10, 2022    - 2 min read

Elliott Wave View: GBPUSD Looking for Further Downside

Short Term Elliott Wave View in GBPUSD suggests that the decline from February 18 peak is unfolding as a 5 waves impulse Elliott Wave structure.  Down from February 18, wave…

By EWFHendra    March 9, 2022    - 1 min read

Elliott Wave View: GBPJPY Rally Expected to Fail

Short Term Elliott Wave View in GBPJPY suggests the decline from February 11, 2022 high is in progress as a 5 waves impulse Elliott Wave structure. Down from February 11…