Progress in Brexit Negotiation Supports Poundsterling
British Pound Sterling is the best performing major currency last week. The Pound Sterling shows strength as the market senses progress towards a Brexit deal. This follows news pointing to…
Elliott Wave View: Dow Jones Futures (YM_F) Starts Correction
Dow Jones Futures (YM_F) has started to pullback earlier today. We are counting the entire rally from December 26, 2018 low as an Impulse Elliott Wave structure. An Impulse has…
Elliott Wave View: DAX Bullish Sequence Favors More Upside
DAX has broken above February 6, 2019 high (11371.74) and shows a bullish sequence from December 28, 2018 low (10279.20). On the chart below, we put a bullish sequence stamp…
Elliott Wave View: Gold Looking to break 2018 High
In our previous article, we have highlighted the possibility that Gold can quickly retest the high in 2018. The chart below shows the yellow metal has broken above a long…
Elliott Wave View: S&P 500 (SPX) Rallies as an Impulse
Since bottoming at 2346.58 on December 26, 2018, S&P 500 (SPX) has rallied 18% in less than 2 months. The structure of the rally appears like an Impulse Elliott Wave…
GBPJPY Sellers in Control | Elliott Wave Forecast
Short term Elliott wave view in GBPJPY favors further downside due to the 5 swing sequence from Jan 26 high (144.84). We are calling the structure of the decline from…
Elliott Wave View: Gold Buyers Should Appear Soon
Elliott wave view in Gold suggests that rally from August 16, 2018 low ($1160.37) is unfolding as an Elliott Wave Impulse structure. Rally to $1326.53 ended wave (3). Wave (4)…
Elliott Wave View: Further Rally in Nikkei Favored
Short-term Elliott wave view in Nikkei suggests that the Index has ended correction at 20169 as wave ((X)) and starts a new leg higher. Decline to 20169 on 8 February…
Elliott Wave View Favors More Downside in GBPUSD
GBPUSD short-term Elliott wave view suggests that the rally to 1.322 on Jan 26, 2019 ended wave ((X)). Decline from there is unfolding as a 5 waves impulse Elliott Wave…
