Elliott Wave Analysis of Crude Oil – July 11th, 2022
Crude oil fell sharply in the first week of July, but the support area of the low $90s stopped the bears in their tracks...
Crude oil fell sharply in the first week of July, but the support area of the low $90s stopped the bears in their tracks...
Crude oil fell sharply in the first week of July, but the support area of the low $90s stopped...
Gold fell sharply in the first week of July despite high inflation and reports that the US economy is in a recession already. When,...
Gold fell sharply in the first week of July despite high inflation and reports that the US economy is...
EURUSD fell to less than a cent above parity last week as a looming global recession would only make things worse for the European...
EURUSD fell to less than a cent above parity last week as a looming global recession would only make...
In yet another strong session for the US dollar, USDCAD rose to a new 2-year high of 1.3083 last week. Traders are now wondering...
In yet another strong session for the US dollar, USDCAD rose to a new 2-year high of 1.3083 last...
In the week of the assassination of ex-primer minister of Japan Shinzo Abe, the yen again fell against the US dollar. Is USDJPY approaching...
In the week of the assassination of ex-primer minister of Japan Shinzo Abe, the yen again fell against the...
Despite the fact that a recession has practically been confirmed to already be in progress, the SP500 managed to add over 100 points last...
Despite the fact that a recession has practically been confirmed to already be in progress, the SP500 managed to...
It’s been a year and a half since the GameStop short squeeze frenzy. Whole books have been written to explain how the WallStreetBets crowd...
It’s been a year and a half since the GameStop short squeeze frenzy. Whole books have been written to...
The crypto winter has already closed many crypto hedge funds for good and is causing many investors to start losing hope that a recovery...
The crypto winter has already closed many crypto hedge funds for good and is causing many investors to start...
Crude oil sold off by more than 10% yesterday as the prospects of a global recession leads to energy demand fears, despite the ongoing...
Crude oil sold off by more than 10% yesterday as the prospects of a global recession leads to energy...
EURUSD dropped to a 20-year low yesterday as rampant inflation clashes with the ECB's indecisiveness regarding raising interest rates. How far is the pair's...
EURUSD dropped to a 20-year low yesterday as rampant inflation clashes with the ECB's indecisiveness regarding raising interest rates....
Gold doesn't seem to care that investors need protection from falling risky asset prices and is instead falling alongside them. Is the crash poised...
Gold doesn't seem to care that investors need protection from falling risky asset prices and is instead falling alongside...
USDJPY is up slightly so far this week, but pretty much unchanged from a trader's perspective. Is this a preparation for higher levels or...
USDJPY is up slightly so far this week, but pretty much unchanged from a trader's perspective. Is this a...
The inverse relationship between USDCAD and crude oil is back in full force as the pair climbed sharply, while the commodity plunged yesterday. Should...
The inverse relationship between USDCAD and crude oil is back in full force as the pair climbed sharply, while...
The SP500 made a timid recovery attempt yesterday, but remain pretty much in the doldrums so far in 2022. Can the bulls pull off...
The SP500 made a timid recovery attempt yesterday, but remain pretty much in the doldrums so far in 2022....
Bitcoin failed as both a safe-haven asset and an inflation hedge in the first half of 2022. Can the second half of the year...
Bitcoin failed as both a safe-haven asset and an inflation hedge in the first half of 2022. Can the...
Despite numerous reasons to rise, gold fell again last week. It has been failing both as a safe-haven and an inflation hedge so far...
Despite numerous reasons to rise, gold fell again last week. It has been failing both as a safe-haven and...
EURUSD finished the last week of June on a low note as the ECB readies for its first rate hike in 11 years. Can...
EURUSD finished the last week of June on a low note as the ECB readies for its first rate...
Widely known for its TurboTax and QuickBooks services, Intuit is a leading business and financial management solutions provider. The company is on track to...
Widely known for its TurboTax and QuickBooks services, Intuit is a leading business and financial management solutions provider. The...
Despite surging past $112.60, the price of crude oil finished last week little changed from where it started it. Recession fears lead to lower...
Despite surging past $112.60, the price of crude oil finished last week little changed from where it started it....
The support near 1.2800 held the bearish ambitions last week and caused a rebound above 1.2960 in USDCAD. Are the bulls in charge now...
The support near 1.2800 held the bearish ambitions last week and caused a rebound above 1.2960 in USDCAD. Are...
USDJPY tried to keep rising last week and reached the 137 mark, but then failed to maintain momentum and closed mostly unchanged Friday. Is...
USDJPY tried to keep rising last week and reached the 137 mark, but then failed to maintain momentum and...
The SP500 just closed its worst first half of a year since 1970 and Fed Atlanta's GDP tracker showed a recession is here already....
The SP500 just closed its worst first half of a year since 1970 and Fed Atlanta's GDP tracker showed...
The bulls' recovery attempts seem to be failing as Bitcoin is once again barely holding above the $20k mark. The prevailing mood is that...
The bulls' recovery attempts seem to be failing as Bitcoin is once again barely holding above the $20k mark....
Crude oil is up by over $5 a barrel so far this week, but remains locked in the same range it has been trading...
Crude oil is up by over $5 a barrel so far this week, but remains locked in the same...
Yesterday was a bad day for risk assets like stocks, but investors are having a hard time finding safe havens as gold is also...
Yesterday was a bad day for risk assets like stocks, but investors are having a hard time finding safe...
The invalidation level Elliott Wave analysis helped us identify is still intact in EURUSD and so is our outlook for the pair. Is it...
The invalidation level Elliott Wave analysis helped us identify is still intact in EURUSD and so is our outlook...
USDCAD is little changed so far this week as the pair is still bumping into the support area near 1.2900. Are the bears going...
USDCAD is little changed so far this week as the pair is still bumping into the support area near...
A very clear Elliott Wave pattern seems to be almost complete on the hourly chart of USDJPY. Where does it lead? Read in our...
A very clear Elliott Wave pattern seems to be almost complete on the hourly chart of USDJPY. Where does...
The SP500 retreated by over 2% yesterday, making investors wonder if the bear market has resumed. From an Elliott Wave point of view, the...
The SP500 retreated by over 2% yesterday, making investors wonder if the bear market has resumed. From an Elliott...
Our regular readers often hear us say that it is never a good idea to pick tops and bottom. Even if the analysis turns...
Our regular readers often hear us say that it is never a good idea to pick tops and bottom....