EWFHendra

By EWFHendra    March 29, 2018    - 2 min read

FTSE Elliott Wave Analysis: Inflection Area for Next Leg Lower

Latest Elliott Wave view in FTSE suggests that the Index ended Primary wave ((B)) at 7326.02 on 2/27/2018 high. From there, Index starts a decline which is unfolding as a 5 waves…

By EWFHendra    March 28, 2018    - 1 min read

Elliott Wave Analysis: EURUSD in Sideways Consolidation

Current Elliott Wave view in EURUSD suggests that the pair remains in sideways triangle Elliott Wave structure between 1.2153 low and 1.255 high. Triangle is a consolidation structure with ABCDE label.…

By EWFHendra    March 27, 2018    - 2 min read

DAX Elliott Wave Analysis: Further Weakness Ahead?

Short term Elliott Wave view in DAX suggests Primary wave ((B)) ended at 12434.7 on 3.16.2018. The decline from there is unfolding as a 5 waves impulse Elliott Wave structure.…

By EWFHendra    March 25, 2018    - 4 min read

Will Trade War Weigh on the Market?

Trade war with China Hurt Global Economy Last week global stock market slumped due to the prospect of all-out trade war which could destabilize global economy. US market closed sharply…

By EWFHendra    March 23, 2018    - 1 min read

Elliott Wave Analysis: SPX Should See More Weakness

SPX rally to 2801.9 on 3.13.2018 ended Primary wave ((X)). Since then, the decline from there is unfolding as a double three Elliott Wave structure where Minor wave W ended…

By EWFHendra    March 22, 2018    - 2 min read

Elliott Wave Analysis: USDJPY Resumes Lower to 104

USDJPY Elliott Wave view suggests that the decline from 11.6.2017 high is unfolding as a 5 waves impulse Elliott Wave structure. Down from 11.6.2017 high (114.73), Intermediate wave (1) ended…

By EWFHendra    March 21, 2018    - 2 min read

Elliott Wave Analysis: Oil (CL_F) Looking to Extend Higher in Wave 3

Oil (CL_F) Short Term Elliott Wave view suggests that the decline to 59.95 on 3/9 ended Minor wave 2. Minor wave 3 is unfolding as a 5 waves impulse Elliott Wave…

By EWFHendra    March 20, 2018    - 3 min read

Breakthrough in Brexit Negotiation Boosts Poundsterling

Brexit Transition Period Agreement Breakthrough Yesterday the UK has struck a deal with the EU to the Brexit transition period.  The transition period is the 21 month period which starts…

By EWFHendra    March 20, 2018    - 2 min read

Dow Jones (YM_F) Elliott Wave Analysis: Further Weaknesses Expected to 24215

Dow Jones (YM_F) Short Term Elliott Wave view suggests that the rally to 25535 on 12 March 2018 ended Intermediate wave (X). Intermediate wave (Y) is currently in progress to the…