EWFHendra

By EWFHendra    May 14, 2021    - 1 min read

Elliott Wave View: Oil May See Short Term Support Soon

Short Term Elliott Wave structure for Oil (CL) suggests the rally from March 24, 2021 low ended wave (1) at 66.75 a 5 waves diagonal Elliott Wave structure. Wave (2)…

By EWFHendra    May 13, 2021    - 2 min read

Global Sugar Supply Shortage Propels Price

Brazil, top exporter of Sugar, experiences record prices of ethanol as Covid-19 restrictions ease. Consumers take advantage of the easing and start travelling again, increasing consumption of biofuel. This means…

By EWFHendra    May 13, 2021    - 1 min read

Elliott Wave View: Facebook Correction May Extend

Short Term Elliott Wave structure for Facebook (FB) suggests the rally from January 14, 2021 low ended wave ((1)) at 322.86 as an impulse Elliott Wave structure. In the 1…

By EWFHendra    May 12, 2021    - 1 min read

Elliott Wave View: USDNOK Rally Should Find Sellers

Short Term Elliott Wave structure for USDNOK suggests the decline from March 24, 2021 high is unfolding as a 5 waves impulse Elliott Wave structure. Down from March 24 high,…

By EWFHendra    May 11, 2021    - 1 min read

Elliott Wave View: Gold (XAUUSD) Pullback Should Find Buyers

Short Term Elliott Wave structure for Gold (XAUUSD) suggests the rally from March 31, 2021 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from March 31…

By EWFHendra    May 7, 2021    - 1 min read

Elliott Wave View: Pullback in Bitcoin Should Find Support

Short Term Elliott Wave structure for Bitcoin (BTCUSD) suggests pullback to 47204.57 ended wave IV. Wave V is currently in progress with internal subdivision as a 5 waves impulse Elliott Wave…

By EWFHendra    May 6, 2021    - 3 min read

Inflation Risk Supports Gold and Silver

An increasing number of companies gave warning for supply shortage which force them to raise prices. Manufacturers and producers from various industries such as semiconductors, lumber and cotton scramble to…

By EWFHendra    May 6, 2021    - 1 min read

Elliott Wave View: S&P 500 E-Mini Futures (ES) Resumes Higher

S&P 500 E-Mini Futures (ES) rally from February 1, 2021 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from February 1  low, wave 1 ended at…

By EWFHendra    May 5, 2021    - 1 min read

Elliott Wave View: DAX Looking to Find Buyers Soon

Short term Elliott wave view in DAX suggests the rally from January 28, 2021 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from January 28 low,…