EWFHendra

By EWFHendra    March 1, 2019    - 1 min read

Elliott Wave View: Short Term Bullish in Alibaba

Short Term Elliott Wave view in Alibaba is bullish with the rally from February 8, 2019 low ($163.58) unfolding as an impulse. Furthermore, the cycle starting from January 23, 2019…

By EWFHendra    February 28, 2019    - 1 min read

Elliott Wave View: Crude Oil on the Verge of a Breakout

Since bottoming at $42.36 on December 24, 2018, Crude Oil (CL_F) has rallied more than 30%. The initial rally to $55.75 on February 4, 2019 took the form of an…

By EWFHendra    February 27, 2019    - 2 min read

Elliott Wave View: EURJPY Rally Should Resume

After bottoming on January 3, 2019 low, EURJPY shows a sequence of higher high and higher low. We can see from the chart below that it has a bullish sequence…

By EWFHendra    February 26, 2019    - 1 min read

Elliott Wave View: Downside Pressure in EURGBP

EURGBP shows a sequence of lower low from August 29, 2017 high, suggesting further downside is likely. The bounce to 0.9105 on January 3, 2019 high ended wave (2). From…

By EWFHendra    February 25, 2019    - 2 min read

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…

By EWFHendra    February 22, 2019    - 2 min read

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…

By EWFHendra    February 21, 2019    - 2 min read

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…

By EWFHendra    February 20, 2019    - 1 min read

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…

By EWFHendra    February 19, 2019    - 2 min read

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…