Tag: ELLIOTT WAVE PRINCIPLE

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...

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...

EURUSD finished the last week of June on a low note as the ECB readies for its first rate hike in 11 years. Can...

Widely known for its TurboTax and QuickBooks services, Intuit is a leading business and financial management solutions provider. The company is on track to...

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...

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...

USDJPY tried to keep rising last week and reached the 137 mark, but then failed to maintain momentum and closed mostly unchanged Friday. Is...

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 bulls' recovery attempts seem to be failing as Bitcoin is once again barely holding above the $20k mark. The prevailing mood is that...

Crude oil is up by over $5 a barrel so far this week, but remains locked in the same range it has been trading...

Yesterday was a bad day for risk assets like stocks, but investors are having a hard time finding safe havens as gold is also...

The invalidation level Elliott Wave analysis helped us identify is still intact in EURUSD and so is our outlook for the pair. Is it...

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...

A very clear Elliott Wave pattern seems to be almost complete on the hourly chart of USDJPY. Where does it lead? Read in our...

The SP500 retreated by over 2% yesterday, making investors wonder if the bear market has resumed. From an Elliott Wave point of view, the...

Our regular readers often hear us say that it is never a good idea to pick tops and bottom. Even if the analysis turns...

Bitcoin is attempting a timid recovery, despite the bad news that is pouring over the industry from all sides right now. Is this a...

EURUSD climbed by about 60 pips last week, but with Germany on the brink of an energy shortage-induced recession, do the bulls really stand...

Crude oil fell some more last week, but the support area near $100 a barrel stopped the bears in their tracks. What does this...

USDCAD is once again having difficulties breaching the 1.29-1.31 resistance area. The pair dipped last week, but does this mean it is headed towards...

Gold fell slightly, but remained mostly unchanged last week. The key level we're watching is still intact and so is our Elliott Wave count....

USDJPY exceeded 136.70 last week, but closed almost 150 pips lower, highlighting the bulls' likely exhaustion. Should we expect a major bearish reversal, and...

The SP500 climbed 3% on Friday alone and finished the week 6.4% higher. Does this mean the bear market is over at 3637? How...

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The $20k support area is understandably slowing the bears down. Would the bulls manage to turn things around one more time, like they have...

USDJPY keeps rising as the Bank of Japan seems unprepared to deal with rising inflation for the first time in over 30 years. How...

The SP500 climbed sharply yesterday, but the futures point to a drop of similar size today. Is there a bottom in sight for the...

Crude oil is falling sharply as recession fears darken the energy demand outlook. How low is the commodity going to drop before finding support?...

EURUSD keeps sliding as the Fed shows a stronger determination than the ECB to do what it has to in order to bring inflation...

USDCAD is down a bit so far this week as crude oil took a sharp plunge, as well. Is the inverse relationship between the...