Elliott Wave View: GBPJPY Ended Correction
Short Term Elliott Wave in GBPJPY suggests that the correction from May 27, 2021 peak has ended in wave ((4)) at 148.44. The internal subdivision of wave ((4)) took the…
Elliott Wave View: Oil Ended wave ((4)) Correction
Oil (CL) has ended wave ((4)) pullback on June 7 at 65.24. Since then, it has rallied and surpassed 50% of the drop that began on June 6. We saw…
American Airlines (AAL) One Year Later Perfect Reaction From Blue Boxes
The last time we talked about America Airlines (AAL) was in March of last year. When the market had crashed globally. At that time, we analyzed that AAL stocks had…
Elliott Wave View: NZDUSD Shows Incomplete Bearish Sequence
$NZDUSD shows incomplete bearish sequence from February 26, 2021 peak favoring further downside. A 100% - 161.8% Fibonacci extension from February 26 peak can see the pair reaching 0.646 -…
Elliott Wave View: Nikkei (NKD) Rally Likely to Fail
Elliott Wave structure of Nikkei (NKD) shows incomplete sequence from February 16, 2021 high as well as from June 15, 2021 high suggesting further downside is likely. From June 15…
Elliott Wave View: SPX Correcting Larger Degree Cycle
Since forming the bottom on March 2020 low, S&P 500 ($SPX) has started a new bullish cycle which brings the Index to all-time high. The entire rally from March 2020…
Elliott Wave View: CADJPY May See Support Soon
Short term Elliott Wave in $CADJPY suggests cycle from June 23 high is unfolding as a 5 waves impulse Elliott Wave structure. Down from June 23 high, wave 1 ended…
Franco Nevada (FNV) Correcting Cycle from March 2021 Low
Franco Nevada (ticker: FNV) is a leading gold royalty and stream company with one of the largest and most diversified portfolio of cash flow-producing assets. The company’s business model provides investors…
Elliott Wave View: DAX Pullback Should be Well Supported
Rally in DAX from November 2, 2020 low is unfolding as a 5 waves impulse Elliott Wave structure. In the 60 minutes chart below, wave (3) of this rally can…
