Today's Elliott Wave analysis focuses on the Australian Stock Exchange (ASX) and WESTPAC BANKING CORPORATION (WBC). We observe weakness in ASX:WBC, indicating a medium-term bearish trend. This ...
ENA appears to be reversing from a prolonged downtrend, with a descending wedge breakout and Elliott Wave counts signaling a ...
The NIFTY 50 is currently in an impulsive phase within its Elliott Wave structure, with Navy Blue Wave 5 in play following the completion of Navy Blue Wave 4. This impulsive movement is part of Gray ...
AUD/USD ran into resistance for the wave ((iv)) top as a trend line from October 2022 passed through the same zone.
Elliott Wave International specializes in applying a fractal model to market forecasting. EWI’s analysts track market psychology, herding behavior, Elliott waves and social mood. They consider ...
XRP Third Phase Failure Sending Thousands Into Panshibi (SHIBI) Punt Amid Solana Continual Dominance
The crypto landscape is witnessing a dramatic shift as many investors reassess their portfolios. Recent turbulence in ...
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Learn With ETMarkets: Elliott Wave Theory - forecasting market trends using wave patternsToday, let’s study one of the famous theories in technical analysis: Elliott Wave Theory. This theory uses wave patterns to help investors understand market trends. What is Elliott Wave Theory?
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