Elliott Wave View: AUDUSD Strength Should Resume
AUDUSD rally from June 18, 2019 low ($0.6830) is unfolding as a zigzag Elliott Wave structure where wave ((a)) ended in 5 waves at 0.7035. Down from there, wave ((b))…
Elliott Wave View: More Upside in S&P 500 Futures (ES_F)
Elliott wave view in S&P 500 Futures (ES_F) shows a bullish sequence from December 26, 2018 low favoring further upside. In the short term chart below, the pullback to June…
Elliott Wave View: Gold Extends Higher in Impulsive Move
Short Term Elliott wave view in Gold suggests that the decline to $1381.42 low on July 1 ended wave (4). Above from there, the yellow metal is rallying higher as…
Elliott Wave View: AUDJPY Should Remain Supported
Short term Elliott Wave view on AUDJPY suggests that the rally from June 18 low is unfolding as a zigzag Elliott Wave structure. A zigzag is an ABC structure with…
G20 Temporary Truce between USA and China May Boost Market Sentiment
The highly anticipated meeting between the U.S. and China during G20 meeting in Japan has concluded. Both parties agree to resume the trade talks and the U.S also agreed to…
Elliott Wave View: GBPAUD Rally Should Find Sellers
Short term Elliott Wave view on GBPAUD suggests the rally to 1.8426 ended wave (X) on June 20. The decline from there is unfolding as a zigzag Elliott Wave structure.…
Elliott Wave View: GBPUSD Impulse Looking for Further Upside
Short term Elliott Wave view on GBPUSD suggests the rally from June 18 low (1.2505) unfolded as an impulse Elliott Wave structure. Up from 1.2505, wave ((i)) ended at 1.257…
Elliott Wave View: Coffee Shows Bullish Sequence
Coffee (KC_F) shows a 5 swing sequence from April 17, 2019 low, suggesting further upside is likely. Short term, the pullback to 94.94 ended wave ((X)). Rally from there is…
Oil Elliott Wave View: Impulsive Rally in Progress
Oil (CL_F) rally from June 5, 2019 low is unfolding as an impulse Elliott Wave structure where wave 3 is currently in progress. In the chart below, we can see wave…
