By EWFHendra     February 24, 2021    - 1 min read

Elliott Wave View: GBPJPY Rally Likely to Extend Higher

GBPJPY continues to rally in impulsive Elliott Wave structure from January 18, 2021 low (140.3). Up from there, wave ((i)) ended at 144.09 and pullback in wave ((ii)) ended at…

By EWFHendra     February 23, 2021    - 2 min read

Elliott Wave View: Nasdaq at Support Area

Short Term Elliott Wave in Nasdaq (NQ) suggests the rally from September 21, 2020 low is unfolding as a 5 waves impulse Elliott Wave structure. In the chart below, we…

By EWFHendra     February 19, 2021    - 1 min read

Elliott Wave View: Further Downside in Gold

Gold has been consolidating for 6 months after forming the top at $2075 on August 2020 and the low at $1764 on November 2020. Today, the metal has finally broken…

By EWFHendra     February 18, 2021    - 1 min read

Elliott Wave View: Pullback in DAX Should Find Buyers

Short term Elliott Wave view on DAX suggests that the decline to 13309.4 ended wave ((4)). The Index has resumed higher in wave ((5)) with internal subdivision as a 5…

By EWFHendra     February 17, 2021    - 2 min read

Elliott Wave View: Tesla (TSLA) Approaching Support

After forming the peak on January 25  at 900.4, Tesla (TSLA) has spent a month consolidating. The decline from January 25 high is unfolding as a zigzag Elliott Wave structure where…

By EWFHendra     February 16, 2021    - 1 min read

Elliott Wave View: Buying the Dips in GBPUSD

Short term Elliott wave view in GBPUSD suggests the pullback to 1.3562 ended wave ((ii)). Internal of the decline unfolded as a triple three structure. Down from wave ((i)) high…

By Hassan Sheikh     February 12, 2021    - 2 min read

AUDJPY Elliott Wave View: More Upside Is Expected

Short term Elliott wave view in AUDJPY suggests that the main cycle from March low is showing a higher high sequence favoring more upside. While in the chart below, the…

By Hassan Sheikh     February 11, 2021    - 2 min read

Eurostoxx Showing 5 Waves From March Lows Favoring More Strength

The Cycle from March 2020 low in Eurostoxx shows an incomplete sequence favoring more strength in the index as far as it remains above 3476.57 low seen on 1/28/2021. In the…

By EWFHendra     February 10, 2021    - 1 min read

Elliott Wave View: SPY Looking for a Pullback

Since bottoming on March 2020, S&P 500 ETF (SPY) continues to make a new high, suggesting the trend and cycle remain bullish. Entire rally from March 2020 low is unfolding…