EWFHendra
Elliott Wave View in Silver (XAGUSD) Favors the Metal Going Higher
Short Term Elliott Wave in Silver (XAGUSD) shows that the metal ended wave ((4)) at 29.63. The metal has turned higher in wave ((5)). The structure of the rally is…
Elliott Wave View: USDJPY Impulsive Decline Favors More Downside
Short Term Elliott Wave structure in USDJPY suggests that rally to 156.76 ended wave X. This completed correction against cycle from 7.3.2024 high. Pair has now turned lower. Structure of…
Elliott Wave View: US Dollar Index Turning Lower
Dollar Index (DXY) has reached 100% Fibonacci extension from 7.17.2023 low and ended the cycle. The rally is unfolding as a double three Elliott Wave structure. Up from 7.17.2023 low,…
Elliott Wave View: Nasdaq ETF (QQQ) Looking for More Downside
Rally in Nasdaq ETF (QQQ) from 10.13.2022 low is in progress as a 5 waves impulse. Up from 10.13.2022 low, wave ((1)) ended at 296.88 and wave ((2)) ended at…
Gold-to-Silver Ratio (AUG) Can be in Triangle Consolidation
Gold-to-Silver Ratio (AUG) is a ratio of the underlying metals (i.e. Gold and Silver). The ratio is simply calculated by dividing Gold price and Silver price, thus the name Gold…
Elliott Wave View: Tesla (TSLA) Impulsive Rally Remains in Progress
Short Term Elliott Wave View in Tesla (TSLA) suggests the rally from 8.5.2024 low is in progress as a 5 waves impulse. Up from 8.5.2024 low, wave ((i)) ended at…
Elliott Wave View: Oil (CL) Short Term May See More Downside
Short Term Elliott Wave View in Oil (CL) suggests that cycle from 10.8.2024 high is in progress as a 5 waves impulse. Down from 10.8.2024 high, wave 1 ended at…
Elliott Wave View: GBPUSD is Approaching Support Zone
Short Term Elliott Wave View in GBPUSD suggests decline from 9.26.2024 high is in progress as a zigzag structure. Down from 9.26.2024 high, wave A ended at 1.284. Wave B…
Elliott Wave View: Gold (XAUUSD) Starts Next Leg Higher
Short Term Elliott Wave View in Gold (XAUUSD) suggests that rally to 2790.07 ended wave ((3)). Pullback in wave ((4)) unfolded as a double three Elliott Wave structure. Down from…
