EURUSD Rally Expected to Fail for More Downside
Short term Elliott Wave view suggests the EURUSD is correcting cycle from 9.28.2022 low in a zigzag structure. Down from 9.28.2022 high, wave A ended at 1.091 and wave B…
Nikkei Futures (NKD) Looking to Extend Higher as an Impulse
Short term Elliott Wave view in Nikkei Futures (NKD) suggests the Index rallies as a 5 waves impulse structure from August 18, 2023 low. Up from August 18, wave ((i))…
Elliott Wave View: DAX Looking to Extend Lower in Double Three
DAX ended cycle from September 28, 2022 low with wave ((1)) at 16528.97 as the 1 hour chart below shows. Index is currently in wave ((2)) pullback to correct the…
Barrick Gold (NYSE: GOLD) Looking to End Expanded Flat
Barrick Gold Corporation is a Canadian mining company and one of the largest gold mining companies in the world. Founded in 1983, Barrick has its headquarters in Toronto, Ontario, Canada,…
USDJPY Looking to Resume Higher in wave 5
Short term view in USDJPY suggests the rally from 7.14.2023 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from 7.14.2023 low, wave (1) ended at 141.95…
GBPJPY Should Extend Lower in Zigzag Correction
Short Term Elliott Wave view in GBPJPY suggests the rally to 186.75 ended wave 1. Pullback in wave 2 is currently in progress as a zigzag Elliott Wave structure. Down…
Elliott Wave View: FTSE Rally Expected to Turn Lower
FTSE Index shows a bearish sequence from 4.21.2023 high favoring further downside. The decline from 4.21.2023 high is currently unfolding as a double three Elliott Wave structure. Down from 4.21.2023…
Gold-to-Silver Ratio (AUG) Close to Breakout
In our previous blog, we said that Gold-to-Silver ratio has resumed to the downside. In this article and video today, we will update the Elliott Wave outlook of the ratio.…
GBPUSD Has Scope to Extend lower in Zigzag Correction
Short Term Elliott Wave view suggests decline from 7.14.2023 high is in progress as a zigzag structure. Down from 7.14.2023 high, wave (i) ended at 1.2797 and wave (ii) rally…