EWFHendra
Elliott Wave View: AUDUSD Looking to Rally in Double Correction
Short term Elliott Wave view in AUDUSD shows an incomplete bullish sequence from 10.13.2022 low favoring more upside. Rally from 10.13.2022 low is unfolding as a double three Elliott Wave…
Elliott Wave View: Bitcoin (BTCUSD) Selling Pressure Should Persist
Short term Elliott Wave view in Bitcoin (BTCUSD) suggests the decline from August 15, 2022 high is unfolding as a 5 waves impulse Elliott Wave structure. Down from August 15,…
Elliott Wave View: Oil (CL) Has Started New Leg Higher
Short term Elliott Wave view in Oil suggests the rally from 9.26.2022 low is unfolding as a 5 waves diagonal. Up from 9.26.2022 low, wave (1) ended at 93.64 and…
Platinum (PL) Searching for Bottom
Platinum (PL) continues to trade sideways and the metal is in the process of forming an important low before the next major bullish cycle starts. The Federal Reserve has aggressively…
Elliott Wave View: Dollar Index (DXY) Has Resumed Higher
Short term Elliott Wave view suggests correction from 9.28.2022 high ended at 109.53 as wave (4). Internal subdivision of wave (4) unfolded as a double three Elliott Wave structure. Down…
Elliott Wave View: SPY Looking to Resume Lower
Short term Elliott Wave structure in $SPY suggests cycle from 8.16.2022 high is unfolding as a zigzag Elliott Wave structure. Down from 8.16.2022 high, wave (A) ended at 348.11. Up…
Elliott Wave View: Exxon Mobil (XOM) Looking to End 5 Waves Rally
Short Term Elliott Wave structure of Exxon Mobil (ticker: XOM) suggests cycle from 9.26.2022 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from 9.26.2022 low, wave…
GDXJ Looking to Form Bottom
Gold and related miners continue to suffer a setback as the Fed continues its aggressive rate hike to combat inflation. However, there's recent indication that the world's central banks may…
Elliott Wave View: USDJPY Looking for Double Correction
Short Term Elliott Wave structure of USDJPY shows a 5 swing sequence from 10.21.2022 high. This suggests the decline can extend lower into a 7 swing double three structure. Rally…
