Elliott Wave Analysis of Crude Oil – May 22nd, 2023
Crude oil gained almost $2 a barrel last week, but it was hardly enough to cheer the bulls, who have been beaten and bruised...
Crude oil gained almost $2 a barrel last week, but it was hardly enough to cheer the bulls, who have been beaten and bruised...
Crude oil gained almost $2 a barrel last week, but it was hardly enough to cheer the bulls, who...
Gold disappointed again last week as investors' appetite for risky assets such as stocks increased and caused an outflow from safe haven assets. Can...
Gold disappointed again last week as investors' appetite for risky assets such as stocks increased and caused an outflow...
USDCAD was down by over 150 pips at one point last week, but managed to recoup most of its losses and close on a...
USDCAD was down by over 150 pips at one point last week, but managed to recoup most of its...
EURUSD fell for the second week in a row, breaking through several intraday support levels. Where are the bears ultimately headed? Read in our...
EURUSD fell for the second week in a row, breaking through several intraday support levels. Where are the bears...
The SP500 rose past the 4200 mark last week before closing back below it again. Can we finally see a decisive breakout in the...
The SP500 rose past the 4200 mark last week before closing back below it again. Can we finally see...
Headquartered in Minneapolis, Minnesota, Graco Inc. develops and manufactures fluid-handling systems and products for industrial uses. The company was founded in 1926 and has been public...
Headquartered in Minneapolis, Minnesota, Graco Inc. develops and manufactures fluid-handling systems and products for industrial uses. The company was founded in...
In today's Elliott Wave update of Bitcoin we identify the key price level the bulls must protect in order to survive in the short-term....
In today's Elliott Wave update of Bitcoin we identify the key price level the bulls must protect in order...
Gold is falling despite recession worries and a widely anticipated pause in the Fed's rate hiking campaign. Is there a support in sight? See...
Gold is falling despite recession worries and a widely anticipated pause in the Fed's rate hiking campaign. Is there...
Despite wide expectations for a pause in the Fed's tightening campaign, USDJPY is up this week as the BOJ sticks to its ultra-loose policy....
Despite wide expectations for a pause in the Fed's tightening campaign, USDJPY is up this week as the BOJ...
In today's Elliott Wave update of WTI crude oil, we examine the commodity's 1h chart for clues about its short-term direction. A clear pattern...
In today's Elliott Wave update of WTI crude oil, we examine the commodity's 1h chart for clues about its...
After Elliott Wave analysis prepared us for the current drop in EURUSD, it is now giving a hint of where are the bears ultimately...
After Elliott Wave analysis prepared us for the current drop in EURUSD, it is now giving a hint of...
In today's Elliott Wave update we examine how this week's initial drop in USDCAD changes its short-term outlook, if at all.
In today's Elliott Wave update we examine how this week's initial drop in USDCAD changes its short-term outlook, if...
The SP500 keeps hovering in a tight range as investors increasingly worry about the approaching deadline for raising the debt ceiling. How does the...
The SP500 keeps hovering in a tight range as investors increasingly worry about the approaching deadline for raising the...
Leading defense contractor Lockheed Martin has been a great long-term investment for well over a decade now. The stock is up 687% from its...
Leading defense contractor Lockheed Martin has been a great long-term investment for well over a decade now. The stock...
The price of WTI crude oil fell for the fourth straight week as recession fears kept intensifying despite the expected Fed rate hike pause....
The price of WTI crude oil fell for the fourth straight week as recession fears kept intensifying despite the...
Less than eight months ago, in September, 2022, Alphabet dropped below the $100 a share mark. The stock was already down by a third...
Less than eight months ago, in September, 2022, Alphabet dropped below the $100 a share mark. The stock was...
USDJPY rose slightly last week, helped by decelerating April inflation and despite expectations for a pause in the Fed's rate hike cycle. Can the...
USDJPY rose slightly last week, helped by decelerating April inflation and despite expectations for a pause in the Fed's...
The price of gold dipped slightly last week despite CPI data showing that US inflation decelerated in April. Can the yellow metal still reach...
The price of gold dipped slightly last week despite CPI data showing that US inflation decelerated in April. Can...
Despite decelerating US inflation and expectations for a rate hike pause by the Fed, Bitcoin fell below the $26k mark this week. In today's...
Despite decelerating US inflation and expectations for a rate hike pause by the Fed, Bitcoin fell below the $26k...
EURUSD plunged sharply last week after April's inflation deceleration suggested the Fed is likely to abstain from another rate hike. How much further can...
EURUSD plunged sharply last week after April's inflation deceleration suggested the Fed is likely to abstain from another rate...
USDCAD surged sharply last week, helped by the weakness in the price of crude oil. How much further can the pair climb before the...
USDCAD surged sharply last week, helped by the weakness in the price of crude oil. How much further can...
Even this week's US inflation data couldn't make the SP500 move much. Judging from our latest Elliott Wave analysis, however, things might get interesting...
Even this week's US inflation data couldn't make the SP500 move much. Judging from our latest Elliott Wave analysis,...
The enthusiasm stemming from the abrupt end of China’s zero-Covid policy lasted for just over three months. Despite the tangible signs of economic improvement,...
The enthusiasm stemming from the abrupt end of China’s zero-Covid policy lasted for just over three months. Despite the...
After the price of Bitcoin doubled in just a few months, the bulls seem to be showing first signs of weakness. Are we in...
After the price of Bitcoin doubled in just a few months, the bulls seem to be showing first signs...
In today's Elliott Wave update of EURUSD we examine the pair's entire rally from 0.9536 and identify the key level traders must pay attention...
In today's Elliott Wave update of EURUSD we examine the pair's entire rally from 0.9536 and identify the key...
USDJPY is slightly up for the week in anticipation of today's US inflation report for the month of April. In today's Elliott Wave update...
USDJPY is slightly up for the week in anticipation of today's US inflation report for the month of April....
USDCAD is hardly changed so far this week as forex traders brace for more inflation data to shed light on the Fed's intentions going...
USDCAD is hardly changed so far this week as forex traders brace for more inflation data to shed light...
The price of gold is timidly rising ahead of today's CPI report for the month of April. Can the rally continue and how high...
The price of gold is timidly rising ahead of today's CPI report for the month of April. Can the...
Crude oil is attempting to stage a recovery after last week's sharp plunge. Currently near $73 a barrel, a very clear pattern has emerged...
Crude oil is attempting to stage a recovery after last week's sharp plunge. Currently near $73 a barrel, a...
The SP500 is down a bit for the week as investors brace for another important piece of inflation data to be released on May...
The SP500 is down a bit for the week as investors brace for another important piece of inflation data...