EWFHendra

By EWFHendra    March 31, 2022    - 1 min read

Elliott Wave View: NZDUSD Rally Should Continue

Short Term outlook in NZDUSD suggests rally from March 15, 2022 low is unfolding as a zigzag Elliott Wave structure. Up from March 15 low, wave ((i)) ended at 0.679…

By EWFHendra    March 30, 2022    - 1 min read

Elliott Wave View: Hangseng Index Pullback Should Find Support

Short Term outlook in Hangseng Index suggests pullback to 18235.48 ended super cycle wave (II). This is a 4 year correction which started from January 2018 high. Super cycle wave…

By EWFHendra    March 29, 2022    - 2 min read

Elliott Wave View: Russell Futures (RTY) Looking to End 5 Waves

Short Term Outlook in Russell Futures (RTY) suggests the rally from February 24, 2022 low is in progress as a 5 waves diagonal Elliott Wave structure. Up from February 24…

By EWFHendra    March 25, 2022    - 1 min read

Elliott Wave View: Nikkei (NKD) Looking to End 5 Waves Impulse

Rally in Nikkei Futures (NKD) from  March 8, 2022 low (24510) is in progress as a 5 waves impulse Elliott Wave structure. Up from March 8 low, wave 1 ended…

By EWFHendra    March 24, 2022    - 2 min read

Elliott Wave View: EURJPY Starts New Bullish Cycle

EURJPY is close to breaking above the previous high on June 1, 2021 at 134.12. A break above that level should create a bullish sequence from May 2020 low favoring…

By EWFHendra    March 23, 2022    - 4 min read

How Momentum Indicator (RSI) is Used with Elliott Wave

There are several different momentum indicators. One of the popular ones is the RSI (Relative Strength Index) which was developed in 1978 by J. Welles Wilder. The RSI is in…

By EWFHendra    March 23, 2022    - 1 min read

Elliott Wave View: Nifty Reacting Higher After 3 Swing Pullback

After forming the top on October 19, 2021 peak at 18604.45, Nifty has been correcting lower in 3 swing. It reached the 100% - 123.6% extension area at 15638 -…

By EWFHendra    March 22, 2022    - 1 min read

Elliott Wave View: AUDJPY Starts a New Bullish Cycle

AUDJPY manages to break above the previous daily high on October 21, 2021 at 86.26. This suggests that pair may have started a new bullish cycle. Short Term Elliott Wave…

By EWFHendra    March 20, 2022    - 2 min read

Newmont Mining (NEM) Leading Miners to the Upside

Newmont Mining (ticker: NEM) is the world's largest gold mining company, based in Greenwood Village, Colorado, United States. It has ownership of gold mines in Nevada, Colorado, Ontario, Quebec, Mexico,…