Short Term Elliott Wave View on GDX suggests that rally to 35.74 ended wave 3 on April 12, 2024. From there, the ETF pullback as a double three Elliott Wave structure. Down from wave 3, wave (a)...
GBPUSD has displayed renewed buying pressure, breaking above a key level. This analysis examines the technical situation and explores potential scenarios for the currency pair. GBPUSD Stages Rally: Uptrend or Correction? Falling Trend Line in Focus: Downtrend...
EURUSD has displayed positive momentum, but faces a key resistance level. This analysis examines the technical situation and explores potential scenarios for the currency pair. EURUSD Within Rising Channel: Upside Potential Within the Channel: Falling Trend Line...
Hello everyone. In today’s article, we will look at the past performance of the 1H Hour Elliott Wave chart of SPDR Industrial Select ETF ($XLI). The rally from 1.17.2024 low at $109.95 unfolded as 5 waves impulse....
The phrase “Sell in May and go away” originated in England in 1776, more specifically in London’s financial district. The full version of the saying was “Sell in May and go away, come back on St. Leger’s...
The market is hard to understand and decipher. Many traders use tools like Indicators, Theories, Fundamentals, and Math, among others, to forecast and trade the market. Over the years, we created our system at EWF using Elliott Wave Theory,...
Hello traders. Welcome to this technical blog post where we will delve into the EURJPY currency pair. By the end of this post, you should have a clearer understanding of the path EURJPY Elliott wave analysis is following...
USDJPY’s recent price action suggests a shift in momentum. This analysis examines the technical situation and explores potential scenarios for the currency pair. USDJPY Breaks Trend Line: Consolidation or Reversal? Scenario 1: Uptrend Resumption: Scenario 2: Deeper...
Optimism is a Layer 2 Optimistic Rollup network designed to utilize the strong security guarantees of Ethereum while reducing its cost and latency. In today’s article, we’ll take a look at the technical chart for its token $OP and...
Hello fellow traders. In this technical article we’re going to take a look at the Elliott Wave charts charts of NVIDIA (NVDA) Stock published in members area of the website. Our members are aware of the numerous...
