EWFHendra

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…

By EWFHendra    June 22, 2020    - 2 min read

Bullish Sequence in EURGBP Favors More Upside

Pound Sterling declined against a basket of currencies last week after a series of negative news. First of all, Bank of England (BOE) decided to increase quantitative easing by £100BN, putting…

By EWFHendra    June 18, 2020    - 1 min read

Elliott Wave View: EURJPY Can See More Downside

Elliott Wave View in EURJPY suggests the decline from 6.1.2020 high is unfolding as a 5 waves impulse Elliott Wave structure.  Down from 6.1.2020 high, wave 1 ended at 120.23…

By EWFHendra    June 16, 2020    - 1 min read

Elliott Wave View: IBEX Has Turned Lower

IBEX shows an incomplete sequence from November 2007 high and still favors more downside while below 2.19.2020 high (10093). Near term, the Index ended the rally from 3.16.2020 low in…

By EWFHendra    June 15, 2020    - 2 min read

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…

By EWFHendra    June 12, 2020    - 1 min read

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…

By EWFHendra    June 11, 2020    - 1 min read

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…

By EWFHendra    June 10, 2020    - 1 min read

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…