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)…
NIO Near the Support Area
In our previous May 31, 2021 article on Nio (NYSE: NIO), we argued that the stock is in the process of all-time low correction. Nio is a Chinese electric car…
Elliott Wave View: General Electric (GE) Ended 5 Waves Rally
The short-term Elliott wave view in General Electric (GE) ended wave (1) at 88.03 low. Wave (2) rally is currently in progress as a zigzag Elliott Wave structure. Up from…
GBPAUD Bullish Sequence Favors More Upside
GBPAUD has found bid due to the divergence in the monetary policy between RBA and BOE. Bank of England (BOE) this year has hiked interest rate twice to fight against…
Elliott Wave View: Apple (AAPL) Resumes Higher
The short-term Elliott wave view in Apple (AAPL) shows that wave IV pullback ended at 154.63. The stock has resumed wave V higher as a 5 waves impulse structure. However,…
Elliott Wave View: Bitcoin (BTCUSD) Recovery In Progress
Short Term Elliott Wave view in Bitcoin (BTCUSD) suggests the rally from January 24, 2022 low is in progress as a double three Elliott Wave structure. Up from January 24…
Elliott Wave View: Litecoin (LTCUSD) Can See Further Downside
Short Term Elliott Wave view in Litecoin (LTCUSD) suggests the decline from November 10, 2021 peak is unfolding as a zigzag Elliott Wave structure. Down from November 10 peak, wave…