EWFHendra

By EWFHendra    February 16, 2024    - 2 min read

EURJPY Pullback Should Find Support for Further Upside

Rally from 2.1.2024 low is in progress as a 5 waves impulse Elliott Wave structure. Up from 2.1.2024 low, wave (i) ended at 159.14 and pullback in wave (ii) ended…

By EWFHendra    February 15, 2024    - 1 min read

Gold (XAUUSD) May See Larger Degree Correction

Gold (XAUUSD) cyclc from 12.28.2023 high is in progress as a double three Elliott Wave structure. Down from 12.28.2023 high, wave W ended at 2001.6 and rally in wave X…

By EWFHendra    February 14, 2024    - 2 min read

NextGen Energy (NXE) Pullback Should Continue to Find Buyers

NextGen Energy ($NXE) is a Canadian uranium exploration and development company focused on advancing its high-grade Arrow deposit in the Athabasca Basin in Saskatchewan. With a robust portfolio of uranium…

By EWFHendra    February 14, 2024    - 1 min read

Apple (AAPL) Should See Further Downside

Apple (AAPL) made a new all-time high on December 14, 2023 at 199.62. Down from there, a correction is in progress with internal subdivision as a double three Elliott Wave…

By EWFHendra    February 13, 2024    - 1 min read

GBPJPY Looking to Extend Higher in Impulsive Structure

Cycle from 12.14.2023 low is in progress as a 5 waves impulse Elliott Wave structure. Up from 12.14.2023 low, wave (1) ended at 188.93 and pullback in wave (2) ended…

By EWFHendra    February 8, 2024    - 1 min read

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…

By EWFHendra    February 7, 2024    - 2 min read

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…

By EWFHendra    February 6, 2024    - 2 min read

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,…

By EWFHendra    February 6, 2024    - 1 min read

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…