Gold-to-Silver Ratio (AUG) Still Waiting for the Next Direction
Gold-to-Silver Ratio has always been a useful tool to forecast the direction the underlying metals (i.e. Gold and Silver). We can calculate the ratio simply as Gold price divided by…
Intraday Elliott Wave View Favors More Downside in USDJPY
Short Term Elliott Wave View in USDJPY suggests decline to 139.57 ended wave (W). Pair then corrected in wave (X) with internal subdivision as a double three Elliott Wave structure.…
S&P 500 ($SPX) Elliott Wave Sequence Remains Bullish
Short Term Elliott Wave View in S&P 500 ($SPX) suggests that cycle from 8.5.2024 low is in progress as a 5 waves impulse. Up from 8.5.2024 low, wave (1) ended…
Short Term Elliott Wave Impulse in GBPJPY Favors Higher
Cycle from 8.5.2024 low in GBPJPY is in progress as a double three Elliott Wave structure. Up from 8.5.2024 low, wave (W) ended at 193.48 and pullback in wave (X)…
Elliott Wave Expects Silver (XAGUSD) to Continue Bullish move
Silver (XAGUSD) is close to breaking above previous peak on 5.20.2024 high at 32.51. A break above the level confirms the next leg higher has resumed. Short term, rally from…
Elliott Wave Update on Gold Miners Junior (GDXJ)
The VanEck Junior Gold Miners ETF (GDXJ) is an exchange-traded fund that aims to replicate the performance of the Junior Gold Miners. This index tracks small-cap companies primarily involved in…
Intraday Elliott Wave View on Apple (AAPL) Forecasting Support Zone
Short term Elliott Wave view on Apple (AAPL) suggests that the stock shows a bullish sequence from 8.5.2024 low favoring more upside. Rally from 8.5.2024 low is unfolding as a…
Intraday Elliott Wave View on Dow Futures (YM) Favors the Bullish Side
Short term Elliott Wave view on Dow Futures (YM) suggests that cycle from 8.8.2024 low is in progress as an impulse. Up from 8.8.2024 low, wave (1) ended at 41682 and…
Elliott Wave View on EURJPY Expects Rally to Fail
Short term Elliott Wave view on EURJPY suggests cycle from 8.16.2024 high ended at 155.14 as wave A. Internal subdivision of wave A unfolded as 5 waves impulse. Down from 8.16.2024…
