EWFHendra

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…

By EWFHendra    March 16, 2018    - 2 min read

$USDCHF Elliott Wave Analysis: More Upside While Above 0.942

$USDCHF Elliott Wave view suggests that the rally from 3.5.2018 low (0.9336) is unfolding as a double three Elliott Wave structure where Minor wave W ended at 0.9535. Below from here,…

By EWFHendra    March 15, 2018    - 2 min read

$CADJPY Elliott Wave Analysis: Further Downside to End Wave 5

$CADJPY Elliott Wave view suggests that the decline from 1.5.2018 high (91.58) is unfolding as a 5 waves impulse Elliott Wave structure. Minor wave 3 of this impulsive move ended at…

By EWFHendra    March 14, 2018    - 2 min read

USDCAD Elliott Wave Analysis: Potential Upside to 1.324

USDCAD Short Term Elliott Wave view suggests the rally from 1/31 low (1.2247) remains in progress as a triple three Elliott Wave Structure. A triple three is labelled as WXYZ…

By EWFHendra    March 13, 2018    - 2 min read

Elliott Wave Analysis: USDJPY Correcting in Flat Structure

Short Term Elliott wave View suggests USDJPY is correcting cycle from 2/2 peak (110.5) as an Expanded Flat Elliott Wave Structure. Flat is a corrective Elliott Wave structure with ABC…

By EWFHendra    March 11, 2018    - 3 min read

Nasdaq Soars to New Record High After Strong Job Reports

Nasdaq soars to an all-time high after last Friday's U.S. employment report which saw a massive 313,000 growth in February. This is the biggest number of jobs since July 2016,…

By EWFHendra    March 10, 2018    - 4 min read

Canadian Dollar Relief Rally After Tariff Exemption

Canadian Dollar had a relief rally last week after the U.S. excluded Canada and Mexico from steel and aluminum tariffs. President Trump's administration enacted these tariffs under section 232 Trade…

By EWFHendra    March 9, 2018    - 2 min read

Elliott Wave Analysis: Copper at Risk of Further Weaknesses

Copper (HG_F) broke below $3.5 low ($3.095) earlier today. As a result, it shows a bearish sequence from 2/16 peak ($3.272), risking for further downside. Current short term Elliott Wave view…