EWFHendra

By EWFHendra    October 3, 2024    - 1 min read

EURUSD Looking for Expanded Flat Elliott Wave Correction

Short Term Elliott Wave View in EURUSD suggests that cycle from 4.16.2024 low is in progress as a 5 waves impulsive Elliott Wave structure. Rally to 1.12 ended wave (3)…

By EWFHendra    October 2, 2024    - 1 min read

Dollar Index (DXY) Looking for a Flat Elliott Wave Correction

Short Term Elliott Wave View in Dollar Index (DXY) suggests that decline to 100.2 ended wave 1. Rally in wave 2 is in progress as an expanded flat Elliott Wave…

By EWFHendra    October 1, 2024    - 2 min read

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…

By EWFHendra    October 1, 2024    - 1 min read

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.…

By EWFHendra    September 27, 2024    - 1 min read

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…

By EWFHendra    September 26, 2024    - 2 min read

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)…

By EWFHendra    September 25, 2024    - 2 min read

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…

By EWFHendra    September 24, 2024    - 2 min read

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…

By EWFHendra    September 24, 2024    - 2 min read

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…