GBPUSD Bullish Sequence Suggests Pullback to Find Support
GBPUSD shows an incomplete bullish sequence from 9.26.2022 low and 3.8.2023 low favoring further upside. Near term, rally from 5.26.2023 low ended wave 1 at 1.2848 as a 5 waves…
Pan American Silver (PAAS) Correcting in a Flat Structure
Pan American Silver (PAAS) continues to extend lower and it looks like the stock is correcting in a flat structure as the second daily chart below shows. The stock is…
Ethereum (ETHUSD) Bullish Rally Looking Like Impulse Structure
Short term view in Ethereum (ETHUSD) from 3.10.2021 low is in progress as a 5 waves impulse Elliott Wave structure. Up from 3.10.2021 low, wave 1 ended at 2140.8 and…
Bitcoin (BTCUSD) Has Started the Next Bullish Leg
Short term view in Bitcoin (BTCUSD) from November 21, 2022 low is in progress as a 5 waves impulse with extension (nesting). Up from November 21, 2022 low, wave (1)…
QQQ Correcting in Wave 4 and Should Find Buyers
Rally in Nasdaq 100 ETF (QQQ) from 3.13.2023 low is in progress as a 5 waves Elliott Wave impulse. Up from 3.13.2023 low, wave 1 ended at 322.16 and pullback…
AUDUSD Starts New Elliott Wave Impulse Higher
Short Term Elliott Wave View in AUDUSD suggests the pair ended wave (B) at 0.6458. Pair has turned higher in wave (C) with subdivision as a 5 waves impulse Elliott…
DAX Incomplete Elliott Wave Bullish Sequence Favors Higher
Short Term Elliott Wave View in DAX suggests the rally from 3.20.2023 low is in progress as a 5 waves impulse. Up from 3.20.2023 low, wave 1 ended at 15298.49…
Gold Miners Junior (GDXJ) Preparing for the Next Move Higher
GDXJ ETF, also known as the VanEck Vectors Junior Gold Miners ETF, is an exchange-traded fund that tracks the performance of small-cap companies involved in the gold mining industry. The…
Copper (HG) Low Likely in Place with 5 Waves Rally
Short Term Elliott Wave in Copper (HG) suggests the metal ended wave ((2)) pullback at 3.54. The metal has turned higher in wave ((3)). Rally from wave ((2)) low is…
