• 1,093 days Will The ECB Continue To Hike Rates?
  • 1,093 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,095 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,495 days Could Crypto Overtake Traditional Investment?
  • 1,499 days Americans Still Quitting Jobs At Record Pace
  • 1,501 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,504 days Is The Dollar Too Strong?
  • 1,505 days Big Tech Disappoints Investors on Earnings Calls
  • 1,506 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,507 days China Is Quietly Trying To Distance Itself From Russia
  • 1,508 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,512 days Crypto Investors Won Big In 2021
  • 1,512 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,513 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,515 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,515 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,519 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,519 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,520 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,522 days Are NFTs About To Take Over Gaming?
Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

The Problem With Modern Monetary Theory

The Problem With Modern Monetary Theory

Modern monetary theory has been…

  1. Home
  2. Markets
  3. Other

GBPUSD and SP500 - Post NFP Elliott Wave Analysis

GBPUSD is trading lower, but in fifth wave of decline within an extended black wave 3 which means that weakness can be limited. We however soon Fibonacci projections around 1.5150 where pair can be headed in the next few sessions, before market turns up for wave 4 pullback.

GBPUSD 1h Elliott Wave Analysis

GBPUSD 1-Hour Elliott Wave Analysis Chart

S&P500 futures is trading lower, now approaching 1900 level where breakthrough can cause a drop to around 1880 area, towards 1.0 Fibo projection level.

S&P500 (Sep 2015) 1h Elliott Wave Analysis

S&P500 (Sep 2015) 1-Hour Elliott Wave Analysis Chart

 


What Can You Get For 1€? At ew-forecast.com Try 1 Month Full Service >> http://www.ew-forecast.com/register
Want to receive more insights like these, free? We'd be happy to email them to you. Join our mailing list >> http://goo.gl/0KctEr

 

Back to homepage

Leave a comment

Leave a comment