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EWFHendra

By EWFHendra    September 10, 2018    - 3 min read

Trade War Concern May Continue to Pressure Australian Dollar

Last Friday Australian Dollar dipped to a two-and-a-half-year low after it broke blow 71 US cents due to a rising US Dollar and escalation in US-China trade wars. The last…

By EWFHendra    September 7, 2018    - 2 min read

Tesla Shares Tumbled as Senior Executives Leave

Tesla shares (TSLA) dropped sharply to as much as 10% to $252.25 in New York after the company disclosed that its chief accounting officer is resigning after less than a…

By EWFHendra    August 30, 2018    - 3 min read

Market Participants Betting on Nafta Deal between US and Canada

The Canadian Dollar strengthened to a two month high against US Dollar earlier this week. Market participants seem to bet on possible inclusion of Canada in a new Nafta pact.…

By EWFHendra    August 24, 2018    - 1 min read

AUDUSD Elliott Wave View: Downside Pressure Remains

Elliott Wave view on AUDUSD suggests that the decline to 0.7199 ended Intermediate wave (W). Intermediate wave (X) rally appears complete at 0.7382. The internal of Intermediate wave (X) unfolded…

By EWFHendra    August 23, 2018    - 1 min read

AUDNZD Elliott Wave View: Further Downside Expected

AUDNZD Short-term Elliott Wave view suggests that the rally to 1.1066 ended Minor wave X. The internal subdivision of Minor wave X is unfolding as a zigzag Elliott Wave structure…

By EWFHendra    August 22, 2018    - 1 min read

AT&T Elliott Wave View: Rallying as Impulse with Nest

AT&T (ticker symbol T) Short-term Elliott Wave view suggests that the pullback to $31.76 ended Minor wave 2. The stock is rallying from there within Minor wave 3 as an…

By EWFHendra    August 21, 2018    - 1 min read

Dow Futures Elliott Wave View: Pullback Should Find Support

Short-term Elliott Wave view on YM_F (Dow Futures) suggests that the pullback to 24956 low ended Minor wave 4. Up from there, Index is rallying within Minor wave 5 to…

By EWFHendra    August 9, 2018    - 6 min read

Trading Elliott Wave Charts with the Right Side Tag and Blue Boxes

Simplifying Elliott Wave Analysis for Traders One of our goals at Elliottwave-Forecast is to figure out the best way to present Elliott Wave charts in such a way that non-technical…

By EWFHendra    August 3, 2018    - 2 min read

Poundsterling Remains Weak Despite BOE Rate Hike

Poundsterling Slumped after Rate Hike Decision The Bank of England raised benchmark interest rate to 0.75% with unanimous 9-0 vote. Poundsterling initially rallied but subsequent press briefing reversed those early…