EWFHendra

Last week's tweet by president Trump to slap a new round of tariffs to Chinese goods has sparked risk aversion in the market.  Trump announced that he is imposing an…

NZDJPY plunges as Reserve Bank of New Zealand (RBNZ) cut the interest rate by 50 basis point. The pair already has a bearish sequence prior to the rate decision, and…

Elliott Wave view suggests the bounce to 12660.50 in DAX ended wave (B). The rally to 12660.50 is part of an Expanded Flat structure which starts from May 3, 2019…

Elliott Wave view suggests the pullback to 1400.46 in Gold ended wave (4). Internal of wave (4) pullback unfolded as a zigzag from July 19 high (1452.95). On the chart…

Elliott Wave view suggests the decline in EURUSD from June 25 high (1.1412) is in progress as a 5 waves impulse Elliott Wave structure. Wave ((iii)) of this 5 waves can…

Elliott Wave view suggests DAX is doing wave 2 correction as a Flat Elliott Wave structure. Rally to 12656.05 on July 4 ended wave 1. Down from there, wave ((a))…

Elliott Wave view suggests FTSE ended a double three correction in wave ((ii)) on July 25 low (7464.50). We can see from the chart below the internal of wave ((ii))…

Since Prime Minister Theresa May announced she stepped down from leadership position, the market has started to adjust the expectation for a hard Brexit scenario. Selling pressure on Poundsterling has…

Gold shows an incomplete sequence from August 16, 2018 low favoring further upside. Near term, pullback to 1385.34 ended wave (4). The yellow metal has resumed higher in wave (5).…