EWFHendra

By EWFHendra    December 27, 2018    - 1 min read

Oil: Impulsive Elliott Wave Structure In Play

Elliott Wave outlook in Oil (CL_F) suggests that the move lower from 10/3 high ($76.9) remains in progress as a 5 waves impulsive Elliott Wave structure. Down from $76.9, Primary…

By EWFHendra    December 18, 2018    - 2 min read

Elliott Wave View: CADJPY Selloff To Resume

Short Term Elliott Wave view suggests that cycle from 11.8.2018 high (87) ended at 83.55 in Minor wave W and bounce to 85.27 ended Minor wave X. Pair has resumed…

By EWFHendra    December 17, 2018    - 3 min read

Brexit Uncertainty to Continue Put Pressure on Poundsterling

The Brexit saga continues to unfold as Prime Minister Theresa May postponed Brexit deal vote in U.K Parliament last week. The cancellation happened after it becomes clear that May will…

By EWFHendra    December 14, 2018    - 1 min read

Elliott Wave View: NZDUSD Pullback In Progress

Short Term Elliott Wave view suggests that cycle from Oct 8 low (0.642) has ended at 0.697 high as Primary wave ((1)). Pair is now in the process of correcting…

By EWFHendra    December 13, 2018    - 1 min read

Elliott Wave View Suggests Bitcoin Selloff Not Over

Short Term Elliott Wave view suggests that the selloff in Bitcoin is not yet over. Rally to $4409.77 ended Intermediate wave (X). Down from there, the decline is unfolding as…

By EWFHendra    December 12, 2018    - 1 min read

Elliott Wave Analysis: SPX Bounce Expected to Fail

SPX has broken below Oct 30 low (2603.54), i.e. Primary wave ((W)), opening further downside with incomplete bearish sequence from Sept 21 high (2940.91). Near term Elliott Wave view suggests…

By EWFHendra    December 11, 2018    - 1 min read

Elliott Wave View Expects More Downside in Exxon Mobil (XOM)

Exxon Mobil (ticker: XOM) has broken below Nov 23 low ($74.7) and opens further downside in the stock with incomplete sequence from Sept 25 high ($87.36). Short Term Elliott Wave…

By EWFHendra    December 10, 2018    - 5 min read

Will the Arrest of Huawei Executive Derail Trade War Truce?

The market celebrated the trade war truce between U.S. and China after the successful meeting last week between President Trump and Xi. Unfortunately, it only lasted for about 24 hours…

By EWFHendra    December 7, 2018    - 1 min read

Elliott Wave View: DAX Looking for Further Downside

DAX continues to make a new low and this week broke below 11/20 low (11009) suggesting that the move lower remains in progress. Near term Elliott Wave outlook calls for…