EWFHendra
Silver (XAGUSD) Looking to Extend Lower in Sideways Price Action
Short Term Elliott Wave view in Silver (XAGUSD) suggests that the metal has traded sideways since the low in August 2022. The short term 1 hour chart below shows the…
Oil (CL_F) Rally May Fail for More Downside
Short Term Elliott Wave view in Oil suggests that rally from 12.13.2023 low is unfolding as a double three Elliott Wave structure. Up from 12.13.2023 low, wave ((a)) ended at…
GDXJ Searching for Bottom Before Next Bullish Leg
GDXJ is an ETF tracking small-cap gold and precious metals mining companies. It has a focus on smaller, more volatile firms. Thus it offers exposure to this precious metal sectors,…
Bitcoin (BTCUSD) Looking to Extend Higher
Short Term Elliott Wave view in Bitcoin (BTCUSD) suggests the rally to 49500 on January 11, 2024 ended wave (3). Pullback in wave (4) is proposed complete at 38503.8 as…
DAX Near Term Support Area
Short Term Elliott Wave view in DAX suggests the rally from 10.23.2023 low is unfolding as a 5 waves impulse. Up from 10.23.2023 low, wave 1 ended at 17003.28. Wave…
Nikkei (NKD_F) Looking for Further Downside Correction
Short Term Elliott Wave view in Nikkei (NKD_F) suggests that rally to 37014 ended wave 3. Wave 4 pullback is currently in progress as a double three Elliott Wave structure.…
USDCAD Rally Likely Fail in 3, 7, 11 Swing
Short Term Elliott Wave view in USDCAD suggests that rally to 1.354 ended wave (B). Pair has since turned lower in wave (C). However, confirmation is needed to validate this…
QQQ Looking to Complete 5 Waves Rally
Short Term Elliott Wave view in QQQ suggests that rally from 1.5.2024 low is in progress as a 5 waves impulse structure. Up from 1.5.2024 low, wave ((i)) ended at…
Chevron (CVX) Flat Correction Remains In Progress
Chevron is a major global energy company involved in oil and gas exploration, production, refining, and marketing. Operating in over 180 countries, the company emphasizes sustainability, innovation, and corporate responsibility,…
