


The short-term Elliott Wave analysis for EURUSD indicates that the correction from the April 21, 2025, high has concluded with wave (4) at 1.1059. From the wave (3) peak, the decline unfolded as follows: wave W ended at 1.1265, wave X at 1.1381, and wave Y, structured as a zigzag, completed at 1.1059. Within wave Y, wave ((a)) reached 1.1196 and wave ((b)) hit...
The current price cycle for Tesla (TSLA), starting from its low on April 22, 2025, is unfolding as a five-wave impulse structure, a common pattern in technical analysis signaling strong directional momentum. As illustrated on the 1-hour chart, the stock has been advancing since this low, with distinct waves forming within the broader structure. From the April 22...
The Gold Miners ETF (GDX) is showing promising signs for investors as it approaches a critical support zone. Since the low on December 30, 2024, GDX has been tracing a five-wave impulse pattern. This is a hallmark of bullish momentum in Elliott Wave analysis. The first wave (wave (1)) peaked at $42.66, followed by a pullback to $38.58 in wave (2). From there, GDX...
Silver’s rally from its July 4, 2025, low has unfolded as an impulsive Elliott Wave structure, completing Wave (1) at $33.67. The metal is now in a corrective Wave (2) pullback. It is characterized by a double three Elliott Wave pattern, a common corrective formation in technical analysis. From the Wave (1) peak, Wave ((a)) declined to $32.63, followed by a...
Since reaching a low of $74,434 on April 7, 2025, Bitcoin (BTCUSD) has surged impressively, climbing in a five-wave impulse structure with an extended (nested) formation. This rally has unfolded in clear stages, as shown on the one-hour chart. From the April 7 low, wave (1) peaked at $86,450, followed by a pullback in wave (2) to $83,102. The cryptocurrency then...
The Nasdaq 100 ETF (QQQ) experienced a significant selloff following a tariff announcement, dropping from an all-time high of $540.81 to a low of $402.39 on April 7, 2025. This decline appears to be a corrective three-wave pullback, indicating that the market’s overall bullish trend remains intact. Since hitting this low, the ETF has reversed course and begun...
The S&P 500 ( SP:SPX ) has shown significant correction since its peak on February 17, 2025, before a tariff announcement. We propose that the corrective phase, labeled as wave (II), concluded at 4823. However, for the index to confirm the end of this correction and rule out a potential double correction, it must surpass the prior wave (I) high of 6147.43. Since...
The current market cycle for Light Crude Oil (CL), starting from its high on January 15, 2025, is unfolding as a double three Elliott Wave pattern. This technical structure suggests a corrective phase with alternating declines and recoveries. From the peak, the price dropped to 55.12, completing wave (W), followed by a rally to 65.07, marking the end of wave (X)....
The USD/JPY currency pair is showing a bearish trend that began on July 3, 2024, and is expected to continue declining toward the 136.50 level. In the short term, the price movement since the March 28, 2025 high is forming a zigzag pattern, according to Elliott Wave analysis. From the March 28, 2025 high, the decline in wave (A) reached 139.89. This was followed...
The Nifty Index has staged a notable recovery after a selloff that began on September 27, 2024, from a high of 21,748.65. We label this decline as wave (II), and the index has since turned upward. However, to confirm that the correction is over and avoid a potential double correction, the index must break above its previous peak of 26,277.35. The rally from the...
Nasdaq Futures (NQ) experienced a sharp selloff following a tariff announcement by President Trump, with the decline starting from a peak on December 16, 2024, at 22,450. The selloff concluded at 16,465.89 on April 7, 2025, which we’ve labeled as wave (II). For the Index to confirm a bullish trend and rule out a potential double correction, it must break above the...
Netflix (NFLX) has surged to a new all-time high, overcoming market jitters sparked by President Trump’s tariff announcements. The stock hit a low of $821.10 on April 7, 2025, during tariff-related volatility but has since rallied in a five-wave impulse pattern, as outlined by Elliott Wave theory—a method used to forecast price trends. From the April 7 low, Wave...
Nike (NKE) shows a bearish trend that began at its peak on November 8, 2021, indicating potential for further declines. On a shorter cycle, the stock’s drop from its October 1, 2024 high is developing as an impulsive Elliott Wave structure, characterized by sharp downward moves. From that high, wave (1) concluded at $68.62, followed by a wave (2) recovery that...
The NASDAQ:IBEX , Spain’s stock market index, may soon surpass its peak from March 25, 2025, before a tariff war triggered a selloff. That peak marked the end of wave I in Elliott Wave analysis. The subsequent decline, wave II, formed a zigzag pattern, as shown on the 1-hour chart. From the March 25 high, wave ((A)) dropped to 13,051.8, wave ((B)) rebounded to...
The USDCHF currency pair has been trending downward since its high on January 13, 2026. The pair follows a pattern known as a 5-wave impulse in Elliott Wave analysis. This pattern helps traders predict price movements by breaking them into distinct waves. Starting from the peak, the first wave (wave 1) saw the pair drop to 0.8965. After this decline, a brief...
Copper ( NYSE:HG ) has been displaying a strong bullish trend, with the rally from the July 11, 2022 low unfolding in a Elliott Wave diagonal. This rally is structured as a 5-swing pattern, which is characteristic of a motive wave. This suggests that the broader trend favors further upside. As of the latest price action, the metal has completed a significant...
The FTSE index experienced a significant decline from its high on April 3, 2025, reaching a low of 7552.65. We identify this as the completion of wave II. This downturn followed a zigzag pattern, a common structure in Elliott Wave analysis. Starting from the April high, the decline unfolded in three phases: wave ((A)) dropped to 8481.1, wave ((B)) rebounded to...
The Dollar Index (DXY) has experienced a significant decline since President Trump’s tariff war intensified global trade tensions. From its peak on September 26, 2022, the Index has exhibited a clear bearish sequence. This decline aligns with an Elliott Wave structure, offering insights into potential future price action. The current bearish sequence is unfolding...