• 1,037 days Will The ECB Continue To Hike Rates?
  • 1,037 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,039 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,439 days Could Crypto Overtake Traditional Investment?
  • 1,444 days Americans Still Quitting Jobs At Record Pace
  • 1,445 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,449 days Is The Dollar Too Strong?
  • 1,449 days Big Tech Disappoints Investors on Earnings Calls
  • 1,450 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,451 days China Is Quietly Trying To Distance Itself From Russia
  • 1,452 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,456 days Crypto Investors Won Big In 2021
  • 1,456 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,457 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,459 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,459 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,463 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,464 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,464 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,466 days Are NFTs About To Take Over Gaming?
How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

Market Sentiment At Its Lowest In 10 Months

Market Sentiment At Its Lowest In 10 Months

Stocks sold off last week…

  1. Home
  2. Markets
  3. Other

USDJPY and SP500 Intraday: Elliott Wave Analysis

USDJPY is moving down at the moment, following very bad US Durable Goods Orders (-3.4% vs 0.6% exp.). Based on a very strong decline at the moment, we suspect that price will sooner or later revisit the lows and possible test 117.00 area, where we would love to see a bounce after a completed corrective decline.

USDJPY 1h Elliott Wave Analysis

USDJPY 1-Hour Elliott Wave Analysis Chart

Traders, the S&P is trading lower as expected, now moving south with a third leg of decline that we highlighted it yesterday. Ideally that's wave C, third leg within wave E that can look for a support at our 2000-2020 zone.

S&P500 (Mar 2015) 30 Min Elliott Wave Analysis

S&P500 (Mar 2015) 30-Minute Elliott Wave Analysis Chart

 


Please vote for us on FXstreet Nominations "1. Best Analysis" answer 5 #"Elliott Wave Corner" by EW-Forecast >> https://t.co/gqbdRgydrF

 

Back to homepage

Leave a comment

Leave a comment