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Silver rebounded quite aggressively in April, following Trump’s decision to impose a 90-day tariff pause. At the time, there was still a lot of uncertainty, so many investors turned to metals as a safe haven—particularly during periods of trade tensions. More importantly, we can see silver forming five waves up from the 28.34 low. In Elliott Wave terms, when we...

ew-forecast

Hello traders! Today we will talk about an Indian stock market exchange NIFTY 50, as we see nice and clean pattern from technical and Elliott wave perspective. As you can see, NIFTY is in an impulsive bullish rise on the weekly basis, which looks like a higher degree wave 3 of an ongoing five-wave bullish impulse by Elliott wave theory. After recent corrective...

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Bitcoin is still bullish and the rise looks impulsive on the monthly chart, but cyclically, we are in the late stages of a 3-year bull run that can end this year, ideally around October 2025. There’s actually still about 5 months of a bullish trend to complete 35 monthly bars, like in previous bullish cycles, so we may easily see more gains this year from a...

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IOTA with ticker IOTUSD made sharp and impulsive rally at the end of 2024, which we see it as a first leg (A)(1) of a bigger recovery in minimum three waves (A)(1)-(B)(2)-(C)(3). Since the beginning of 2025, Crypto market slowed down and IOTA made a deep retracement, but in three legs ABC with an ending diagonal/wedge pattern into wave C, which indicates for a...

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We had a volatile start of a new trading week. The dollar moved higher across the board as the US and China appear to be moving toward lowering tariffs, suggesting progress toward a potential trade deal. As a result, stock futures are also trading to the upside. However, keep in mind that sharp moves on Monday can easily be reversed through the rest of the week,...

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Sugar has been trading lower since 2023 when we spotted final wave V of an impulse on the weekly chart. So from Elliott wave perspective, it’s trading in a multi-year higher degree ABC corrective decline, where wave C can drop the price even down to 78,6% Fibonnaci retracement and 14-12 support area before bulls show up again. The reason why Sugar can go lower is...

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EU Commission will propose in June banning Russian gas and LNG imports under new deals and existing spot contracts by end-2025. Natural gas slowed down recently, but despite that retracement, we see it as an ABC correction after a potential leading diagonal formation from the lows. It actually stopped perfectly at the former wave 2 swing low and 61,8% Fibonacci...

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Back in 2016–2017, we first saw a very sharp recovery on USD/MXN, but when Trump took office in January 2017, the market reversed strongly lower, falling all the way from 22 to 17.60, lost nearly 20% . That very similar pattern is now becoming visible again with 2024–2025 price action. Last year, after Trump won the US election, we saw significant depreciation of...

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Last week we saw a weaker-than-expected Advance GDP in the first release, which led some to believe Powell might consider cutting rates. But Friday’s NFP came in better than expected. Expectations are no change for the Fed, and I honestly don’t believe they’ll move either. Despite Trump putting pressure on them, inflation is still not at their 2% target, and the...

ew-forecast

GBPJPY made a very strong reversal in the second half of 2024, following a sharp drop of more than 10%, with an aggressive bearish impulse and also broke the lower trendline of the impulsive channel back in August. Since then, the first recovery unfolded in three waves, suggesting this move could be part of a complex correction—currently still unfolding as a wave...

ew-forecast Updated 

BlackRock's Bitcoin ETF with ticker IBIT made a massive rally in 2024, which can be wave 3 of an ongoing five-wave bullish impulse. Despite the recent decline at the beginning of 2025, it's still above 42 invalidation level, and as long as it's above that level, it can be wave 4 correction, so we may still see that 5th wave this year. The Elliott Wave Principle...

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DeFi Index may have a completed irregular flat correction within an uptrend, which may cause another rally this year, according to Elliott wave theory. Cryptocurrencies are recovering and DeFi Index is now bouncing back above EW channel, so a five-wave impulse into wave (C) of an irregular (A)(B)(C) flat correction in blue wave B can be finished. It means that a...

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Silver made a very strong drop after breaking out of the upward channel at the end of March. This caused a sharp and fast move below 29 dollars where metal is showing some first evidence of a bottom as price recovers back above 32.00. In fact, this can be the beginning of a new impulse, especially if we consider that on a daily chart market might complete an...

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In analysis from a few weeks back, we talked about bearish USD and presented a bearish outlook. Since then dollar fall nicely and one of the reason are also lower US yields. Looking at US yeilds I see bearish impulsive price action down from 4.8%, which could keep the US dollar in a downtrend. What we’ve seen so far is a strong rebound from 3.8%, as shown on the...

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Ripple with ticker XRPUSD hit all-time highs for the final blue wave V as expected, so we should be aware of limited upside this year. However, despite recent slowdown, which we see it as an ABC correction within red subwave (IV), there can still be room for another rally this year, at least up to 4-5 area to complete final subwave (V) of V of an impulse on a daily chart.

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Cable is making a very nice and strong extension higher on the 4-hour time frame, so it appears to be impulsive. We should be aware of further upside, especially as the market has broken out of a base channel, which typically happens within wave three of three. In fact price is now even higher after a triangle in wave four so wave 5 of red (3) is in progress as...

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Some nice retracement on 10-year US notes in the last three weeks looks corrective because of a clear three-wave drop with a triangle in wave (B). This suggests US yields could be trading at resistance, and if we consider the somewhat dovish stance from Powell and the FOMC last week, the market might be positioned for a lower USD. In this scenario, EURUSD could...

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World Index ETF with ticker TSX:XWD has extended its rally for 261,8% Fibonacci retracement, which is ideal zone for wave 3, so current slow down can be just a higher degree ABC correction in wave 4. It’s now testing interesting and important textbook support at the former wave 4 swing low and 38,2% Fibonacci support area, from where we may see a bullish...