Elliott Wave View: Impulsive Rally in USDCAD Looks Incomplete
Short term Elliott Wave view on USDCAD suggests cycle from 8.11.2022 low is in progress as a 5 waves impulse structure. Up from 8.11.2022 low, wave 1 ended at 1.3208…
Elliott Wave View: Bank of America (BAC) Rally Should Fail for More Downside
Short term Elliott Wave view on Bank of America (BAC) shows that cycle from 9.12.2022 high is unfolding as a 5 waves impulse Elliott Wave structure. Down from 9.12.2022 high,…
Enphase Energy (ENPH) in wave (IV) Pullback
Enphase Energy (NASDAQ: ENPH) is a technology company with headquarter in Fremont, California. Enphase designs and manufactures software-driven home energy solutions for the solar industry. It designs, develops, manufactures, and…
Elliott Wave View: Advanced Micro Devices (AMD) Looking to Extend Lower
Short term Elliott Wave view on Advanced Micro Devices (ticker: AMD) shows a bearish sequence from 8.5.2022 high calling for further downside. Decline from 8.5.2022 high is unfolding as a…
Elliott Wave View: Dollar Index (DXY) Bullish Cycle Looks Incomplete
Short term Elliott Wave view on Dollar Index (DXY) suggests cycle from 8.10.2022 low is in progress as an impulse Elliott Wave structure. Up from 8.10.2022 low, wave 1 ended…
Elliott Wave View: Nasdaq (NQ) Further Downside Expected
Short term Elliott Wave view on Nasdaq (NQ) suggests the decline from 8.17.2022 high is unfolding as a zigzag Elliott Wave structure. Down from 8.17 high, wave A ended at…
Elliott Wave View: DAX Resumes Lower
Short term Elliott Wave view on DAX suggests the decline from 3.29.2022 high is unfolding as a 5 waves diagonal. Down from 3.29 high, wave 1 ended at 13386.32 and…
Elliott Wave View: SPY Rally Expected to Fail
Short term Elliott Wave view on SPDR S&P 500 (ticker: SPY) suggests the ETF shows a bearish sequence from 8.17.2022 high favoring further downside. The decline lower from 8.17.2022 high…
EURAUD Shows Bearish Sequence Favoring Downside
The Euro continues to slide against many other major currencies after Russia stopped the gas supplies. The deepening energy crisis causes fear of a recession in the Euro area. Europe…
