EWFHendra
Gold against Euro Dollar (XAUEUR) Running to All-Time High
IMF (International Monetary Fund) projects the European nations will experience a 7.5% GDP contraction this year. EU nations have been some of the hardest hit by Covid-19. Even before the…
Elliott Wave View: GDX Extends Higher to 7 Year High
Elliott Wave view in Gold Miners ETF (GDX) suggests the rally from March 16, 2020 low is unfolding as a 5 waves impulsive structure. Up from March 16 low, wave…
Elliott Wave View: Bank of America (BAC) Resumes Lower
Elliott Wave view in Bank of America (BAC) suggests the decline from January 15, 2020 high is unfolding as a 5 waves impulse. Down from January 15 high, wave (1) ended…
Elliott Wave View: SPY Looking for Pullback Soon
Short Term Elliott Wave view in S&P 500 ETF (SPY) suggests the rally from March 23, 2020 low low is unfolding as a 5 waves impulse. Up from 3.23 low…
Elliott Wave View: Impulsive Rally in Nasdaq Favors Upside
Short Term Elliott Wave view in Nasdaq suggests the rally from April 8, 2020 low is unfolding as a 5 waves impulse. Up from 4.8 low, wave (1) ended at…
Elliott Wave View: Crude Oil (CL_F) Sellers Remain In Control
Decline from April 23, 2019 high in Oil (CL_F) remains in progress as a 5 waves impulse. Down from April 23, 2019 high, wave (1) ended at 50.6 and wave…
Rupiah at Weakest Level Since 1998 Asia Financial Crisis
Indonesian Rupiah eased to 15,800 per US dollar last Friday after inching closer to break the 1998 Asia crisis peak at Rp 16,850. The high this month at Rp 16,738…
Elliott Wave View: Tesla Impulsive Rally
Short Term Elliott Wave View suggests rally in Tesla (Ticker: TSLA) from April 3 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from April 3 low, wave…
Netflix Sees Uptick Demand As People Spent More Time at Home
The novel corona virus forces government around the world to implement various mitigation measures to flatten the contagion curve. Some of the popular introduce social distancing where people must stay…
