EWFHendra

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…

By EWFHendra    June 29, 2020    - 3 min read

Bullish Breakout in GDXJ (Gold Miners Juniors) Imminent

Gold market continues to extend higher with uncertainties in pandemic and ultra-loose monetary policy by central banks. It has printed a 7 year high of $1779 and shows no sign…

By EWFHendra    June 28, 2020    - 3 min read

Elliott Wave View: Pan American Silver (PAAS) Bullish Outlook

Pan American Silver Corporation (ticker: PAAS) is a Canadian mining company with operations in Latin America. The company has mines in Mexico, Peru, Bolivia, and Argentina. It is the world's…