Elliott Wave View: Oil Downside Target
Oil has extended lower and short term Elliott Wave view suggests the decline from 1.8.2020 high is unfolding as a zigzag Elliott Wave structure. Down from January 8 high, wave…
Elliott Wave View: EURUSD Can See Further Weakness
EURUSD short term Elliott Wave view suggests the decline from 1.6.2020 high is unfolding as a double three Elliott Wave structure. Down from January 6 high, wave ((w)) ended at…
Elliott Wave View: NZDUSD Zigzag Correction in Play
NZDUSD short term Elliott Wave view suggests the decline from 12.31.2019 is unfolding as a zigzag Elliott Wave structure. Down from 12.31.2019 high (0.6755), wave 1 ended at 0.6717, and…
Elliott Wave View: Russell Impulsive Rally In Progress
Russell 2000 (RTY_F) shows a 5 waves impulse Elliott Wave structure from August 26, 2019 low. In the 45 minutes chart below, we can see wave (4) of the impulse structure…
Soybean May Benefit From US – China Phase 1 Trade Deal
With the official signing of Phase 1 trade deal between US and China today, we may have seen the worst in Soybean's market at least in the short term. This…
Elliott Wave View: Nasdaq Short Term Support
Elliott Wave view on Nasdaq (NQ_F) suggests the rally from October 3, 2019 low is unfolding as a 5 waves impulse Elliott Wave structure. In the 45 minutes chart below, wave…
Elliott Wave View: Bitcoin (BTCUSD) Near The End of 5 Waves Rally
Elliott Wave view on Bitcoin (BTCUSD) suggests the rally from December 18, 2019 low is unfolding as a 5 waves impulse Elliott Wave structure. In the 1 hour chart below, we…
Strong Labor Market and High Inflation Supports Canadian Dollar
Canadian Dollar has staged a rally recently on the back of a strong jobs report. Recent strong jobs data and high inflation likely allows Bank of Canada (BOC) to maintain…
Elliott Wave View: $DAX Extending Higher
Short Term Elliott Wave view on $DAX suggests the pullback to 12886.55 ended wave (4). Index has resumed higher in wave (5) and the internal subdivides into a 5 waves…