Archive by tag: CommoditiesReturn
Unlocking Market Trends: Discover Elliott Wave Insights on Bitcoin, Bonds, Yields, and More. Stay Ahead with Expert Analysis.
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NG's Elliott wave analysis points to continued downside potential. Despite a recent bounce, the trend remains bearish. Validating the corrective nature of the current rebound is crucial. Stay tuned for further developments. - February 27, 2024
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In summary, the Elliott Wave analysis of Soybeans Commodities charts indicates a persistent bearish trend, characterized by impulsive downward movements. The market structure suggests ongoing progression within a larger corrective wave pattern, with current positioning in black wave 5 of a higher degree red wave (3). Both daily and short-term analyses support the expectation of further downside momentum, with caution advised for traders to sell into bounces and await confirmation of a substantia...
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The Elliott Wave analysis of Wheat on February 23, 2024, reveals a corrective counter-trend movement within a Zigzag pattern, with Blue wave 'b' of black wave Y nearing completion. Despite recent bounces, the broader outlook remains bearish, tracing back to March 2022. Analysis across daily and H4 timeframes suggests a potential bottoming out but anticipates further downside towards significant support levels. Traders can utilize confirmation and invalidation levels to refine their tradi...
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The Commodities Market is on the verge of change as the USD DXY undergoes an Elliott Wave ABC correction, particularly in Wave iv of (v) of c) of 2. After the dollar's rally concludes, there's an opportunity for long trades in gold, silver, and currencies as the dollar is expected to decline. In Bitcoin, a downward move to the next support level at 38,000 prompts consideration of alternative wave counts for a comprehensive analysis.
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The Commodities Market Trading Report provides a technical analysis using Elliott Wave, trading levels, and strategies for various commodities, including Bitcoin, US Bond Yields, USD, DXY, US Gold XAU, GDX, Silver XAG, Gold Stocks, Iron Ore, Copper, Uranium, Crude Oil, and Natural Gas. The report suggests that Bitcoin is currently in a downward impulsive move, anticipating a corrective rally followed by another leg lower, potentially reaching 39-38K. The three-wave move down could be an ABC corr...
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Discover profitable opportunities in the Commodities and Futures Trading Market with our comprehensive Technical Analysis using Elliott Wave insights and effective Trading Strategies. Explore key assets like US Bond Yields, USD, DXY, US Gold XAU, GDX, Silver XAG, Gold Stocks, Iron Ore, Crude Oil, and Natural Gas. Stay informed on potential turning points, long trade setups, and trend developments to make well-informed trading decisions. Mitigate risks and capitalize on market trends with our e...
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The market report provides an analysis of various commodities and futures in the trading market. It covers metals, energy, forex, and bonds, with a particular focus on US Bond Yields, USD, DXY, USDCAD, USDJPY, EURUSD, GBPUSD, AUDUSD, Gold, GDX, Silver, Copper, Iron Ore, Lithium, Nickel, Crude Oil, and Natural Gas. According to the report, the USD DXY is expected to experience a series of small corrective rallies. However, caution is advised in trading Gold and Silver, as they are predicted to...
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Commodities | Latest News & Elliott Wave Analysis: US Bond Yields, Forex USDJPY, EURUSD, GBPUSD, AUDUSD,Dollar DXY, US Gold, Silver, Iron Ore,Copper Lithium,Nickel, Crude Oil, Natural Gas
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