EWFHendra

By EWFHendra    September 2, 2020    - 3 min read

Silver Miners ($SIL) Looking to Rally

One of the best performing assets this year is Silver. After bottoming on March 18 at $11.6 in the Covid-19 selloff, the metal has rallied to $30. Silver miners should…

By EWFHendra    August 24, 2020    - 2 min read

First Majestic Silver ($AG) Broke Higher from 10 Year Consolidation

First Majestic Silver (symbol: $AG) is a Canadian silver-mining company which operates in Mexico. It has 7 mines, although only 3 most cost-efficient mines are currently operating in San Dimas,…

By EWFHendra    August 17, 2020    - 3 min read

Supply Problems and Weak Dollar Buoy Sugar Prices

Since the corona virus hit in March earlier this year, price of Sugar future (SB) has remained depressed as demands projected to plummet. Prices fell sharply lower at 42% to…

By EWFHendra    August 11, 2020    - 2 min read

Copper Looking for Bullish Breakout

Since bottoming in January 2016 low at $1.93, Copper has traded in a narrow range between $1.9 - $3.3. Earlier this year, the red metal collapsed to the lowest in…

By EWFHendra    August 4, 2020    - 3 min read

Has The Euro Dollar Finally Turned the Corner?

The Euro Dollar has continued to slide since topping out on July 2008 at 1.6038. However, sentiment on the euro has recently improved after European Union leaders agreed to massive…

By EWFHendra    July 29, 2020    - 3 min read

Break to New All-Time High in Gold Confirms Bullish Market

Gold has finally broken to a new record high this week, confirming the secular bull market has resumed. We know it's a matter of time as it has made a…

By EWFHendra    July 21, 2020    - 2 min read

Gold Miners Junior (GDXJ) Breaks 7 Year Base

Gold prices continue to extend higher as the EU sets to announce a historic €750 billion coronavirus stimulus. The US Congress is also debating for a new aid package to counter…

By EWFHendra    July 13, 2020    - 2 min read

Pound Sterling Gains from Positive Brexit Headlines

British Pound Sterling gained last week against major currencies as positive headlines on Brexit negotiations start to trickle. The chart below shows the gain of Pound Sterling against some major…

By EWFHendra    July 6, 2020    - 3 min read

Elliott Wave View: Franco Nevada Corp (FNV) Impulsive Move Higher

Franco Nevada (ticker: FNV) is a Canada-based company that own royalties and streams in gold mining and other commodity and natural resource investments. The company does not operate mines, develop…