EWFHendra

By EWFHendra    April 27, 2023    - 1 min read

AUDJPY Resumes Lower in 7th Swing of Elliott Wave Double Three

The decline from 9.13.2022 high in $AUDJPY shows a 5 swing Elliott wave sequence suggesting further downside is likely. Near term, rally from 3.24.2023 low ended in 3 swing at…

By EWFHendra    April 26, 2023    - 1 min read

Nasdaq (NQ) Buyers Can Appear Soon According to Elliott Wave

Short Term Elliott Wave in Nasdaq (NQ) suggests the Index is cycle from 3.13.2023 low ended in wave ((1)) at 13349.37 as the 1 hour chart below shows. Wave ((ii))…

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…