EWFHendra

By EWFHendra    November 12, 2020    - 1 min read

Elliott Wave View: USDJPY Rallies Higher Together with Indices

Short term Elliott Wave View in USDJPY suggests it is correcting the cycle from March 24 high. Structure of the correction is unfolding as an expanded Flat Elliott Wave structure.…

By EWFHendra    November 11, 2020    - 2 min read

Bullish Sequence in Eurostoxx (SX5E) Favoring More Upside

Earlier this week, news came out that a vaccine from Pfizer and BionTech has a 90% effectiveness. It triggered a big rally in the market on Monday. The U.S. and…

By EWFHendra    November 11, 2020    - 1 min read

Elliott Wave View: Bullish Outlook in Oil (CL)

Short term Elliott Wave View in Oil (CL) suggests it ended wave II at $33.65 on November 2. Internal of wave II unfolded as a zigzag Elliott wave structure where…

By EWFHendra    November 10, 2020    - 2 min read

Elliott Wave View: Further Upside in Nasdaq (NQ) Expected

Elliott Wave View in Nasdaq (NQ) suggests it is currently within wave ((5)) from March low. The Index still needs to break above wave ((3)) at 12465.25 on September 2…

By EWFHendra    November 6, 2020    - 1 min read

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

Short Term Elliott Wave View in S&P 500 E-Mini Futures (ES) suggests that the Index remains within the cycle from March low as an impulse Elliott Wave structure. The 60…

By EWFHendra    November 5, 2020    - 3 min read

Emerging Market (EEM) Looking to Outperform US Indices

Emerging Market has been lagging the US market in the past 10 years. One ETF which tracks the Emerging Market's performance is iShares MSCI Emerging Market (EEM). The ETF gives…

By EWFHendra    November 5, 2020    - 1 min read

Elliott Wave View: Bitcoin Ending Impulsive Rally

1 Hour chart in Bitcoin (BTCUSD) below shows that the crypto currency is ending a wave 5 impulsive rally from September 8 low. The subdivision of wave 5 is unfolding…

By EWFHendra    November 4, 2020    - 1 min read

Elliott Wave View: EURUSD Looking for Support Soon

EURUSD still shows an incomplete sequence from September 1 peak and has scope for further downside. Decline from September 1 peak is unfolding as a double three Elliott Wave structure.  Down…

By EWFHendra    November 3, 2020    - 1 min read

Elliott Wave View: Nikkei (NKD) Ready to Extend Higher

Short term Elliott Wave view on Nikkei (NKD) suggests the Index ended cycle from October 9 peak in wave (2) at 22889. Subdivision of wave (2) unfolded as a zigzag.…