EWFHendra

By EWFHendra    April 25, 2023    - 1 min read

Elliott Wave Expects Gold Miners ETF (GDX) Buyers Should Appear Soon

Gold Miners ETF (GDX) shows a bullish sequence from 9.26.2022 low favoring further upside. The 100% - 161.8% Fibonacci extension target from 9.26.2022 low comes at 38.3 - 45.7 area.…

By EWFHendra    April 24, 2023    - 2 min read

Newmont Mining (NEM) Starts a New Bullish Cycle

Newmont Mining (ticker: NEM) is the world's largest gold mining company, based in Greenwood Village, Colorado, United States. The stock may have formed a significant low at 37.57 on November…

By EWFHendra    April 21, 2023    - 1 min read

Bitcoin (BTCUSD) At Possible Support Area

Bitcoin cycle from 3.10.2023 low has ended with wave 1 at 31035. Internal subdivision of wave 1 unfolded as a 5 waves impulse. Wave ((i)) ended at 20874 and pullback…

By EWFHendra    April 20, 2023    - 1 min read

Exxon Mobil (XOM) Looking to End 5 Waves Elliott Wave Impulse

Exxon Mobil (XOM) cycle from 3.20.2023 low is in progress as a 5 waves impulse Elliott Wave structure. Up from 3.20.2023 low, wave (1) ended at 107.35 and pullback in…

By EWFHendra    April 19, 2023    - 1 min read

Elliott Wave View: S&P 500 ETF (SPY) Should Stay Supported to Higher

S&P 500 ETF (SPY) cycle from 10.13.2022 low is in progress as a diagonal 5 waves. Up from 10.13.2022 low, wave 1 ended at 410, and wave 2 pullback ended…

By EWFHendra    April 18, 2023    - 1 min read

Elliott Wave Suggests USDJPY May See Sellers Soon

Cycle from 3.24.2023 low in USDJPY is unfolding as a double three Elliott Wave structure. Up from 3.24.2023 low, wave (W) ended at 133.75 and pullback in wave (X) ended…

By EWFHendra    April 7, 2023    - 1 min read

Gold (XAUUSD) Elliott Wave Bullish Sequence Favors Higher

Gold (XAUUSD) broke above the previous peak on February 2, 2023 at 1959.74. It shows a bullish sequence from 9.28.2022 low favoring further upside. A 100% - 161.8% Fibonacci extension…

By EWFHendra    April 6, 2023    - 2 min read

Elliott Wave Projects GBPUSD Pullback Should Continue to Find Support

$GBPUSD broke above previous peak on 1.23.2023 high at 1.2448 and now shows a bullish sequence from 9.26.2022 low. Cycle from 3.8.2023 low is currently in progress as a 5…

By EWFHendra    April 5, 2023    - 1 min read

Silver (XAGUSD) Breaks Higher and Forms Elliott Wave Bullish Sequence

Silver (XAGUSD) broke above the previous peak on 2.2.2023 high ($24.62). As a result, it now shows a bullish sequence from 9.1.2022 low favoring further upside. A 100% - 161.8%…