EWFHendra

By EWFHendra    November 17, 2020    - 2 min read

Virus Vaccine Hopes Support New Zealand Dollar

Two weeks' back-to-back good news on virus vaccine from Pfizer and Moderna have buoyed risk sentiment. Overnight news reports Moderna's COVID-19 vaccine has even a better 94.5% efficacy rate and…

By EWFHendra    November 17, 2020    - 1 min read

Elliott Wave View: DAX Impulsive Rally Suggests Buyers in Control

Short term Elliott Wave view in DAX suggests the decline to 11450.76 ended wave ((2)). This pullback ended the correction to the cycle from March 16, 2020 low. Index is…

By EWFHendra    November 13, 2020    - 1 min read

Elliott Wave View: Pullback in Dow Futures (YM) Should See Buyers

Dow Futures (YM) has broken to new all-time high above its previous high on February 13, 2020 at 29543.  This suggests the bulls remain in control and the next bullish…

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…