EWFHendra

By EWFHendra    February 18, 2021    - 1 min read

Elliott Wave View: Pullback in DAX Should Find Buyers

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…

By EWFHendra    February 17, 2021    - 2 min read

Risk Appetite Bolster Yen Pairs

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…

By EWFHendra    February 17, 2021    - 2 min read

Elliott Wave View: Tesla (TSLA) Approaching Support

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…

By EWFHendra    February 16, 2021    - 1 min read

Elliott Wave View: Buying the Dips in GBPUSD

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…

By EWFHendra    February 10, 2021    - 1 min read

Elliott Wave View: SPY Looking for a Pullback

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…

By EWFHendra    February 9, 2021    - 1 min read

Elliott Wave View: Nifty Pullback Should Find Buyers

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…

By EWFHendra    February 5, 2021    - 1 min read

Elliott Wave View: Nike Impulsive Rally Favors More Upside

Short Term Elliott Wave View in Nike (NKE) suggests the pullback to $128.91 ended wave ((4)). Internal of wave ((4)) unfolded as a Flat where wave (A) ended at 138.32,…

By EWFHendra    February 4, 2021    - 3 min read

Silver Should Outperform with Break Lower in Gold-To-Silver Ratio

Gold-to-Silver Ratio is simply gold price divided by silver price. After spiking to all-time high at 126.4 on March last year to 126.4 due to the fear of Covid-19 pandemic,…

By EWFHendra    February 4, 2021    - 1 min read

Elliott Wave View: Nasdaq All-Time High Imminent?

Short Term Elliott Wave View in Nasdaq (NQ) suggests the rally to 13599.75 ended wave (3). Pullback in wave (4) ended at 12726.87. The internal subdivision of wave (4) unfolded…