EWFHendra

Summary The Federal Reserve shows no bias to hike nor cut interest rate. Fed Chairman Jerome Powell believes subdued inflation is "transitory". U.S. stocks fell and the Dollar strengthens as…

Short Term Elliott Wave view in CADJPY calls the bounce to 84.37 on April 17, 2019 as wave 2. The pair is currently in wave 3 lower and the internal…

Elliott Wave view calls the decline in Gold Miners ETF (GDX) from March 27, 2019 high ($23.40) as an impulse structure. In the chart below, wave 2 of that impulse…

Summary A strong 3.2% U.S first quarter GDP indicates robust economy. Temporary drivers of the growth however may not be sustainable for the remainder of the year. Strong U.S. economic…

Elliott Wave view in Boeing suggests that the rally to $446.49 ended wave (III) in super cycle degree. The stock is now doing the biggest pullback since 2003 low within…

Short term Elliott Wave view in AUDUSD is calling the move lower from April 17, 2019 high (0.7206) as an impulse Elliott Wave structure. In the chart below, we can…

Since bottoming on December 24, 2018 low, Amazon (ticker: AMZN) has continued to recover. The sequence from December 2018 low remains incomplete with 100% extension coming at $2033 - $2143.…

Short term Elliott Wave view on Oil suggests the pullback to $63 ended wave 4. Rally in wave 5 is currently in progress and subdivides as an Elliott Wave impulse…

Since topping on February 16, 2018 high (1.255), EURUSD has continued to make a sequence of lower low. In the 1 hour chart below, the decline to 1.1183 ended wave…