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HG_F: Copper Futures – Reaction Higher from Equal Legs Area
Read MoreHello Traders, in this article we will analyze how we were able to forecast here at Elliott Wave Forecast the reaction higher in HG_F (Copper Futures). Firstly, copper was trading within a cycle from 01.18.2023 in a pullback phase. Secondly, we had in place the first leg of the cycle including the connector in place. […]
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USDJPY Reacting Lower From The Equal Legs Area
Read MoreIn this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of USDJPY. In which, the decline from 16 March 2023 high ended 5 waves in an impulse sequence and showed a lower low sequence in a higher time frame charts. Therefore, we knew that the structure in USDJPY […]
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Gold to Silver Ratio Has Started the Next Bearish Leg
Read MoreWith tense geopolitical situation between two world super powers, ongoing war, and banking crisis, there’s no shortage of black swan events. Gold and Silver have performed very well in this environment. After 3 years of consolidation, they look to have formed major low earlier this year and ready for the next bullish cycle. We will […]
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Bearish Elliott Wave Sequence in AUDJPY Suggests Further Downside
Read MoreAUDJPY shows bearish sequence from September 2022 high favoring more downside. This article and video look at the Elliott Wave path.