EWFHendra

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).…

GBPUSD shows a bearish sequence from June 25 high (1.2784) favoring further downside. Near term, the decline from 1.2784 to  1.2438 ended wave ((i)) as an impulsive Elliott Wave structure.…

NZDUSD has an incomplete 5 swing sequence from May 23, 2019 low favoring further upside. Short term Elliott Wave view suggests the pullback to 0.6565 on July 10, 2019 low ended…

Financial Sector ETF (XLF) shows a bullish sequence from December 26, 2018 low favoring further upside. Short term Elliott Wave view suggests the pullback to 26.9 on June 25, 2019…

S&P 500 (SPX) shows a bullish sequence from December 26, 2018 low against June 3, 2019 low (2728.81) favoring further upside. Short term Elliott Wave view suggests the rally from…

Speculation on ECB Fresh Bond Buying Put Pressure to Euro Dollars ECB President Mario Draghi gave a hint last month that the central bank will need to add monetary stimulus…

Elliott Wave View suggests the move lower from March 13, 2019 high (1.3381) is unfolding as an impulse Elliott Wave structure. In the short term chart below, the bounce to…