USDJPY reversed sharply from the 5th-wave target area, likely due to suspected BoJ intervention, opening the door for further downside toward 160–159 and potentially 155 if momentum continues. On the...
USDMXN has completed wave C of a 3-3-5 flat correction at projected resistance and is now reversing sharply lower, suggesting bearish momentum is resuming. While further downside is likely, short-term...
Following the completion of the triangle, the market formed a bearish impulsive setup with visible subwaves 1 and 2. As such, EUR/GBP now appears to be entering wave 3 of a larger five-wave bearish impulse....
Global stocks bounced after strong Micron guidance revived AI sentiment following a tech selloff. Equities hold key support, suggesting a possible short-term recovery, while the U.S. dollar may face pressure...
USDJPY has resumed its recovery and is trading back near the 2024 highs, despite earlier intervention efforts by the Bank of Japan. However, the rally may be in the final stages of a Wave 5 of Wave C structure,...
In this Elliott Wave webinar, Grega Horvat reviewed the latest developments across global markets, including the US dollar, US-Iran negotiations, stocks, commodities, and currencies. He also shared key...
