Gold Against Euro Dollar (XAUEUR) Ended Correction
In this article, we are going to provide an update of XAUEUR chart. In the previous article from April 23, 2020, we stated that Gold against Euro dollar (XAUEUR) should…
Elliott Wave View: Oil Ended Cycle from April Low
Oil (CL_F) has just ended cycle from 4.29.2020 low as a 5 waves impulse Elliott Wave structure. Up from 4.29.2020 low, wave 1 ended at 23.4 and pullback in wave…
Elliott Wave View: Silver Has Resumed Higher
Silver (XAGUSD) shows an incomplete sequence from 3.19.2020 low favoring further upside. The cycle has a 100% - 123.6% Fibonacci extension target towards 18.7 - 19.7 which can be the…
Elliott Wave View: Nasdaq Broke to All-Time High
Nasdaq (NQ_F) has made an all-time high suggesting that the Covid-19 correction is over at 6628.75. Index has now resumed higher and short term 30 minutes chart below suggests the…
Elliott Wave View: SPX Should Extend Higher
Incomplete bullish sequence in S&P 500 (SPX) from 3.23.2020 low suggests the Index should stay supported. Up from the Covid-19 selloff low on 3.23.2020, Index has resumed higher as a…
Rally in Facebook Should Continue
The coronavirus pandemic has been a boon to social media, streaming, and online shopping companies. As government around the world recommends social distancing and people reduce unnecessary travel, they spend…
Elliott Wave View: Further Strength in Exxon Mobil
Exxon Mobil (ticker: XOM) shows an incomplete bullish sequence from 3.23.2020 low favoring more upside. Short term, the rally from 5.15.2020 low is unfolding as a 5 waves Impulse Elliott Wave…
Elliott Wave View: EURUSD in Impulsive Rally
Short Term Elliott Wave view in EURUSD suggests cycle from 5.14.2020 low is unfolding as a 5 waves Impulse Elliott Wave structure. Up from 5.14.2020 low, wave 1 ended at…
Elliottwave View: Incomplete Bullish Sequence in AUDUSD
Short term Elliott Wave View in AUDUSD suggests the rally from 5.22.2020 low is unfolding as a 5 waves impulsive Elliott Wave structure. Up from 5.22.2020 low, wave (1) ended…
