Elliott Wave View: An Impulsive Rally in Bausch Health (BHC)
Elliott Wave View in Bausch Health (BHC) suggests the rally from June 4 low (20.28) unfolded as a 5 waves impulse Elliott Wave structure. Up from 20.28, wave (1) ended…
Strong NFP Report Tempers Fed’s Rate Cut Expectation and Boosts US Dollar
Jobs report for the month of June came above the expectation, tempering the hope of a Fed's rate cut. June NFP (Nonfarm Payroll) rebounded to 224,000 after a disappointing 72,000…
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…