Elliott Wave View: Further Weakness in AUDUSD
AUDUSD shows an incomplete sequence from September 1 peak favoring further downside. The decline from there is unfolding as a zigzag Elliott Wave structure. Down from September 1 peak (0.741),…
Elliott Wave View: Silver (XAGUSD) Correction May Extend
Short term Elliott Wave View in Silver (XAGUSD) suggests that cycle from August 7 peak is unfolding as a triple three Elliott Wave structure. In the 60 minutes chart below,…
Elliott Wave View: Copper (HG) Correction in Progress
Short term Elliott Wave View in Copper (HG) indicates that the metal has ended the rally from March 19 low at $3.218. The entire rally is unfolding as a 5…
Gold-to-Silver Ratio Suggests Further Upside in Precious Metals
Government and corporations around the world continue to accumulate unsustainable debt. Since it's unthinkable for developed countries such as the United States to default on the obligation, the only way…
Elliott Wave View: ASX 200 Looking for Support
Short term Elliott Wave View in ASX 200 (XJO) suggests that cycle from September 22, 2020 low is in progress as a 5 waves impulse structure. In the 30 minutes…
Elliott Wave View: Further Weakness in AUDJPY Expected
Short term Elliott Wave View in AUDJPY suggests that cycle from August 31 high is unfolding as a zigzag Elliott Wave structure. On the 60 minutes chart below, we can…
Elliott Wave View: Oil Futures (CL) Looking to End Flat Correction
Elliott Wave View in Oil Futures (CL) shows that it has ended wave ((4)) pullback at $36.89. This wave ((4)) is part of the cycle starts from April 22 low…
GDXJ (Gold Miners Junior) Correction Maybe Completed
Gold and related Index such as Gold Miners Junior (GDXJ) maybe ready to make the next move higher. The next important catalyst in the market is the US election and…
Elliott Wave View: Impulse Rally in EURUSD Favors More Upside
Elliott Wave view in EURUSD suggests that cycle from September 25 low is in progress as a double three structure. Up from September 25 low, wave W ended at 1.1831…
