Elliott Wave Analysis of Crude Oil – June 5th, 2023
Crude oil fell sharply at the start of last week, but managed to recoup most of its losses by Friday following strong economic data...
Crude oil fell sharply at the start of last week, but managed to recoup most of its losses by Friday following strong economic data...
Crude oil fell sharply at the start of last week, but managed to recoup most of its losses by...
EURUSD lost ground for the fourth week in a row after Germany officially fell in a recession and the release of a goldilocks US...
EURUSD lost ground for the fourth week in a row after Germany officially fell in a recession and the...
Goldilocks jobs data sent stocks higher for the third week in a row with the SP500 gaining 1.3% over the past four trading days....
Goldilocks jobs data sent stocks higher for the third week in a row with the SP500 gaining 1.3% over...
We shared the chart above with readers just over a year ago, on May 19th, 2022. It revealed that Tyson Foods’ uptrend over the...
We shared the chart above with readers just over a year ago, on May 19th, 2022. It revealed that...
More than two years ago, in February, 2021, we wrote an article titled “SBAC Stock to Reach New High Before Bears Show Up.” The...
More than two years ago, in February, 2021, we wrote an article titled “SBAC Stock to Reach New High...
Bitcoin is down a bit since the start of the week as another rate hike by the Fed would make no-yield risky assets even...
Bitcoin is down a bit since the start of the week as another rate hike by the Fed would...
In today's Elliott Wave update of crude oil we examine three possible alternatives depending on what the price does next. Take a look.
In today's Elliott Wave update of crude oil we examine three possible alternatives depending on what the price does...
USDJPY turned south shortly after touching an important line of resistance, which Elliott Wave analysis had helped us identify in advance. Can the slide...
USDJPY turned south shortly after touching an important line of resistance, which Elliott Wave analysis had helped us identify...
Despite the initial spike in volatility, the price of gold is slightly up so far this week. In today's Elliott Wave update we examine...
Despite the initial spike in volatility, the price of gold is slightly up so far this week. In today's...
EURUSD keeps sliding as the odds of another 25 bps rate hike by Fed increased following last week's PCE inflation reading. Is there a...
EURUSD keeps sliding as the odds of another 25 bps rate hike by Fed increased following last week's PCE...
USDCAD bulls picked up where they left off and the pair is rising for the second week in a row. How far can it...
USDCAD bulls picked up where they left off and the pair is rising for the second week in a...
A tentative debt ceiling deal has been reached and is heading to Congress, but the SP500 has yet to put its stamp of approval...
A tentative debt ceiling deal has been reached and is heading to Congress, but the SP500 has yet to...
When Covid-19 struck on US soil in the spring of 2020, it seemed to be the final nail in the already struggling retail sector’s...
When Covid-19 struck on US soil in the spring of 2020, it seemed to be the final nail in...
Crude oil finished higher for the second week in a row despite OPEC cuts and the hit on demand a resulting recession might cause....
Crude oil finished higher for the second week in a row despite OPEC cuts and the hit on demand...
USDJPY surged last week as expectations for another 25 bps rate hike by the Fed increased and the BOJ keeps its ultra-loose policy. Is...
USDJPY surged last week as expectations for another 25 bps rate hike by the Fed increased and the BOJ...
Bitcoin is mostly unchanged from a week ago. Is this the new normal for the crypto market or just the calm before the storm?...
Bitcoin is mostly unchanged from a week ago. Is this the new normal for the crypto market or just...
Gold slid again last week as rising stocks and the prospect of another 25 bps rate hike made non-yield safe-haven assets unattractive. Can the...
Gold slid again last week as rising stocks and the prospect of another 25 bps rate hike made non-yield...
Expectations for another 25 bps Fed rate hike suddenly increased and caused a third weekly drop in EURUSD last week. How much further can...
Expectations for another 25 bps Fed rate hike suddenly increased and caused a third weekly drop in EURUSD last...
USDCAD surged last week, helped by a drop in crude oil prices and rising expectations for another rate hike by the Fed. Can the...
USDCAD surged last week, helped by a drop in crude oil prices and rising expectations for another rate hike...
The SP500 achieved a weekly close above 4200 for the first time since August, 2022, while many still doubt that this rally has legs....
The SP500 achieved a weekly close above 4200 for the first time since August, 2022, while many still doubt...
In today's Elliott Wave update we examine two possible alternatives for the price of crude oil going forward as well as the right way...
In today's Elliott Wave update we examine two possible alternatives for the price of crude oil going forward as...
Bitcoin is down for the week along with stocks as investors switched to risk-off mode given the fast approaching debt ceiling deadline. Can the...
Bitcoin is down for the week along with stocks as investors switched to risk-off mode given the fast approaching...
Despite the fast approaching debt ceiling deadline, traders have yet to rush for a safe haven this week as gold is actually down a...
Despite the fast approaching debt ceiling deadline, traders have yet to rush for a safe haven this week as...
EURUSD is down by more than 300 pips in less than a month as traders weigh a possible rate hike pause, recession worries and...
EURUSD is down by more than 300 pips in less than a month as traders weigh a possible rate...
The US dollar keeps strengthening against the Canadian despite debt ceiling jitters and rising crude oil prices. How far is this rally going? Read...
The US dollar keeps strengthening against the Canadian despite debt ceiling jitters and rising crude oil prices. How far...
USDJPY is up a again this week, bringing its total gain in 2023 so far to over 750 pips. Can the debt ceiling deadline...
USDJPY is up a again this week, bringing its total gain in 2023 so far to over 750 pips....
The deadline for raising the US debt ceiling is fast approaching and the stock market is getting nervous. How much further can stocks drop...
The deadline for raising the US debt ceiling is fast approaching and the stock market is getting nervous. How...
We’ve already shown readers how Elliott Wave analysis helped us predict the sharp recovery in PNC Financial back in June, 2020. By April, 2021,...
We’ve already shown readers how Elliott Wave analysis helped us predict the sharp recovery in PNC Financial back in...
Bitcoin keeps trading in no-man's land around the $27k mark as neither the bulls nor the bears are able to get an edge. Which...
Bitcoin keeps trading in no-man's land around the $27k mark as neither the bulls nor the bears are able...
USDJPY rose to a new 2023 high as mixed signals from the Fed made forex traders wonder if a rate hike pause is really...
USDJPY rose to a new 2023 high as mixed signals from the Fed made forex traders wonder if a...