The precious metals market, particularly gold, has been a hot topic in the first half of 2024. Let’s take a closer look at the performance and future prospects of these valuable commodities. First Half Performance Gold and...
In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of AAPL. We presented to members at the elliottwave-forecast. In which, the rally from 19 April 2024 low is unfolding as...
Hello fellow traders. In this technical article we’re going to take a look at the Elliott Wave charts charts of Netflix (NFLX) Stock published in members area of the website. Our members are aware of the numerous...
The USD/JPY pair closed slightly higher at 160.81 in late trading, after touching a 38-year high of 161.27 earlier in the session. This movement comes on the heels of several key economic indicators released last week. Inflation...
In a surprising move, UK Prime Minister Rishi Sunak has announced that the general election will be held on July 4th, 2023. This marks the first time since 1945 that the UK will hold a general election...
By Mark Galasiewski | Elliott Wave International The U.S. government in early May sanctioned 300 Chinese entities for supplying machine tools and parts to Russia for its war against Ukraine, while in mid-May Russian president Vladimir Putin...
Short Term Elliott Wave in USDCHF suggests pair ended the move down from 5.1.2024 high as wave (1) at 0.882. Wave (2) corrective rally is now in progress to correct cycle from 5.1.2024 high. Internal subdivision of...
Short Term Elliott Wave in AUDJPY suggests rally from 6.4.2024 low is in progress as a 5 waves impulse structure. Up from 6.4.2024 low, wave 1 ended at 104.8 and pullback in wave 2 ended at 103.57....
Hello traders! Welcome to another blog post where we apply the Elliott wave theory to various financial instruments. Today, we’ll focus on Exxon Mobil (XOM) using the Elliott wave theory. Specifically, we’ll analyze an Elliott wave path...
Short Term Elliott Wave in USDJPY shows incomplete bullish sequence from 6.4.2024 low favoring more upside. Up from 6.4.2024 low, wave 1 ended at 157.4 as the 1 hour chart below shows. Pullback in wave 2 unfolded...