Hello traders, welcome to a new Forex blog post. In this one, we will discuss AUDUSD short-term Elliott wave analysis. We believe the forex pair is still within a bearish corrective cycle from late September 2024. Thus, the current minor bounce should fail at some point, leading to a further intraday sell-off. From the perspective […]

Silver (XAGUSD) is looking to resume higher to end 5 waves rally from August 8, 2024. This article and video look at the Elliott Wave path.

Hello everyone. In today’s article, we will look at the past performance of the 4H Hour Elliott Wave chart of SPDR Consumer Staples ETF ($XLP). The rally from 5.31.2024 low unfolded as 5 waves impulse. So, we expected the pullback to unfold in 3 swings and find buyers again. We will explain the structure & […]

Nasdaq (NQ) shows 5 swing sequence from August 5, 2024 low favoring further upside. This article and video look at the Elliott Wave path.