EWFHendra

By EWFHendra    July 26, 2023    - 2 min read

Elliott Wave View: USDCAD Rally Expected to Fail

Short Term Elliott Wave view in USDCAD suggests wave 2 ended at 1.338. The pair has extended lower within wave 3 with internal subdivision as a 5 waves impulse structure.…

By EWFHendra    July 25, 2023    - 2 min read

Dow Futures (YM) Ending Short Term Impulse Soon

Short Term Elliott Wave view in Dow Futures (YM) suggests cycle from 7.10.2023 low is about to end as 5 waves impulse. From 7.10.2023 low, wave i ended at 34211…

By EWFHendra    July 21, 2023    - 1 min read

Gold (XAUUSD) in Correction Within Bullish Trend

Short Term Elliott Wave View in Gold (XAUUSD) suggests the cycle from 6.29.2023 low ended at 1987.38 as wave 1. Internal subdivision of wave 1 rally unfolded as a 5…

By EWFHendra    July 20, 2023    - 1 min read

Nasdaq (NQ) Pullback Should Continue to Find Support

Short Term Elliott Wave View in Nasdaq (NQ) suggests the rally from 6.27.2023 low is in progress as a 5 waves impulse Elliott Wave structure. Up from 6.27.2023 low, wave…

By EWFHendra    July 19, 2023    - 2 min read

Gold Miners ETF (GDX) Bullish View Showing Impulsive Rally

Rally in Gold Miners ETF (GDX) from 6.29.2023 low is in progress as a 5 waves impulse, favoring further upside. Up from 6.29.2023 low, wave 1 ended at 30.8 as…

By EWFHendra    July 18, 2023    - 2 min read

Apple (AAPL) Short Term Still Looking to End Wave 5 Higher

Short term view in Apple (ticker: AAPL) suggests the rally from 3.29.2023 low is in progress as a 5 waves impulse Elliott Wave structure. Up from 3.29.2023 low, wave 1…

By EWFHendra    July 17, 2023    - 2 min read

Gold-to-Silver Ratio (AUG) Has Resumed Lower

Gold-to-Silver ratio (AUG) overshot to 126.43 during the Covid-19 scare in March 2020. This is an all-time high and arguably unsustainable when measured by many different matrices. The current ratio…

By EWFHendra    July 14, 2023    - 1 min read

USDJPY Impulsive Decline Portends Further Weakness

Cycle from 10.21.2022 high is in progress as a zigzag Elliott Wave structure. Down from 10.21.2022 high, wave a ended at 127.22 and rally in wave b ended at 145.09.…

By EWFHendra    July 13, 2023    - 1 min read

DAX Index Rallies after Ending 3 Waves Corrective Pullback

Short term Elliott Wave view in DAX suggests the Index ended wave (3) at 16427.42. Wave (4) pullback unfolded as a zigzag Elliott Wave structure. Down from wave (3), wave…