EWFHendra

GBPJPY continues to rally in impulsive Elliott Wave structure from January 18, 2021 low (140.3). Up from there, wave ((i)) ended at 144.09 and pullback in wave ((ii)) ended at…

Short Term Elliott Wave in Nasdaq (NQ) suggests the rally from September 21, 2020 low is unfolding as a 5 waves impulse Elliott Wave structure. In the chart below, we…

Gold has been consolidating for 6 months after forming the top at $2075 on August 2020 and the low at $1764 on November 2020. Today, the metal has finally broken…

Short term Elliott Wave view on DAX suggests that the decline to 13309.4 ended wave ((4)). The Index has resumed higher in wave ((5)) with internal subdivision as a 5…

The Japanese Yen is weak against all other most-traded currencies, demonstrating market sentiment favoring riskier currencies. Japanese Yen is traditionally considered as safe haven currencies, and it tends to appreciate…

After forming the peak on January 25  at 900.4, Tesla (TSLA) has spent a month consolidating. The decline from January 25 high is unfolding as a zigzag Elliott Wave structure where…

Short term Elliott wave view in GBPUSD suggests the pullback to 1.3562 ended wave ((ii)). Internal of the decline unfolded as a triple three structure. Down from wave ((i)) high…

Since bottoming on March 2020, S&P 500 ETF (SPY) continues to make a new high, suggesting the trend and cycle remain bullish. Entire rally from March 2020 low is unfolding…

Cycle from March 2020 low in Nifty remains in play as a 5 waves impulse Elliott Wave structure. In the chart below, we can see wave ((3)) of the impulse…