Elliott Wave View: Further Upside in USDJPY
Short Term Elliott Wave View in USDJPY suggests the rally from January 6 low is unfolding as a zigzag Elliott Wave structure. Up from January 6 low, wave A ended…
Elliott Wave View: Alphabet (GOOGL) Impulsive Rally Incomplete
Short Term Elliott Wave view in Alphabet (ticker: GOOGL) suggests the rally from December 21,2020 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from December 21…
Supply Deficit in Palladium May Continue to Support Price
Palladium market continues to be in short supply for 9 straight years. The gap between mine supply and consumption in 2020 was around 1 million ounce of palladium. The chart…
Elliott Wave View: General Electric (GE) Has Further Downside in Correction
Short Term Elliott Wave view in General Electric (ticker: GE) suggests the rally to January 13 high at $11.91 ended wave (3). The stock is now in wave (4) pullback…
Elliott Wave View: Impulsive Rally in NZDUSD
Short Term Elliott Wave view in NZDUSD suggests the pair ended wave ((2)) pullback at 0.7093. This pullback ended correction of the cycle from September 24 low. Internal of wave…
Elliottwave View: SPX Upside Move Has Resumed
Short Term Elliott Wave view in S&P 500 (SPX) suggests the Index ended wave 1 at 3726.70 and pullback in wave 2 ended at 3636.48. Internal of wave 2 unfolded…
Elliott Wave View: Ethereum Has Resumed Higher in Wave 5
Short Term Elliott Wave view in Ethereum (ETHUSD) suggests the decline to 913.59 ended wave ((4)). The crypto currency has now resumed higher in wave ((5)). Internal subdivision of wave…
Pound Sterling Gains as UK Accelerated Vaccine Programme
Pound sterling continues to gain against other major currencies as the risk of a hard Brexit is now off-table. Last week, the currency also got a boost after Bank of…
Elliott Wave View: Dollar Index Correction In Progress
Short Term Elliott Wave structure in Dollar Index (DXY) suggests the decline to 89.209 on January 6 low ended wave (3). Wave (4) bounce is currently in progress and the…