Likely in a reversal phase following stalls in US-Iran peace negotiations.
Traders should look for confirmation through volume before committing to a new directional trend. : Presumed to be starting wave v of 1 on the H4 chart.
Equity markets are currently in a high-stakes "Wave 5" environment. : The index reached a new all-time high on April 22. ELLIOTT WAVE BLOG
Analysts from FXStreet indicate the current rally from late March is likely the fifth wave of a five-wave impulse. : Initial resistance is near , with a secondary equality measure at
Upside targets are set at , with 1.3620 serving as the critical invalidation level. Likely in a reversal phase following stalls in
Elliott Wave Outlook: Oil (CL) Zigzag Rally Targets $110 Area
Volatility in energy and metals is creating distinct Elliott Wave setups. : Currently unfolding an ABC zigzag rally . The short-term target is the extension area around $110.54 . Gold : Equity markets are currently in a high-stakes "Wave
Elliott Wave Market Brief: Navigating April’s Turning Points