The short‑term Elliott Wave view in the Dollar Index (DXY) indicates that the Index is correcting the cycle from the June 24, 2026 high within a double three structure. From the August 20, 2026 low, wave ((w)) concluded at 99.86. The subsequent pullback in wave ((x)) unfolded as a zigzag formation, where wave (a) terminated at 98.83 and wave (b) ended at 99.39. A final decline in wave (c) reached 98.58, completing wave ((x)) at a higher degree. Following this, the Index turned upward in wave ((y)), which is developing internally as another zigzag structure. From wave ((x)), wave (a) advanced to 99.36, while the corrective pullback in wave (b) settled at 98.96. The Index has since resumed its upward trajectory, and as long as price remains above 98.58, the near‑term outlook favors further s

Hello traders. In this technical article, we will review the Elliott Wave forecast for the SPDR S&P Metals & Mining ETF (XME) that we recently presented to our members. XME has been forming a three-wave correction, with the price making a significant decline during the Wave C leg, as we forecasted. In this article, we will review the Elliott Wave structure and the forecast we presented to our members. XME Elliott Wave 1-Hour Chart – 09.09.2026 XME is correcting the cycle from the 96.42 low. At the time of the original forecast, the correction appeared incomplete. We could count five waves down from the peak, suggesting that another leg lower could develop. Based on this structure, we expected the correction to continue as a potential Zig Zag pattern, labeled (A)-(B)-(C). The offici

TeraWulf (NASDAQ: WULF) dropped more than 50% from its all-time high peak in June 2026. In today’s article, we examine the weekly Elliott Wave structure unfolding. Our analysis explores the potential bullish path ahead despite this recent drop. Our earlier analysis identified the impulsive five-wave advance from the 2023 low. The cycle extended to the upside within wave V. It marked a peak of wave (I) in June 2026 at $29.84. This ended the entire rally and started a correction lower in wave (II). That correction could unfold in 3, 7, or 11 swings. The stock is currently completing a three-wave zigzag from its 2026 peak. This decline reached the equal legs area at $16.85 – $10.22. The correction should end there, followed by a bullish reaction in the coming months. Consequently, investors s

USDJPY delivered a textbook Elliott Wave setup, plunging over 700 pips in a powerful downward expansion after completing its corrective recovery structure. Identifying the Turning Point at 160.00 – 161.00 The chart from 08.18.2026 shows USDJPY completing a three‑wave corrective bounce, labelled wave ((X)), near the 161.00 handle. This counter‑trend recovery from the late‑July low unfolded as a clean (A)‑(B)‑(C) zigzag in ((W)). With the broader sequence favouring the downside, the 164.056 peak stood as the key invalidation level. The structural framework signalled a decisive ‘Turning Down’ move, projecting an aggressive bearish resumption once wave ((X)) concluded against that invalidation point. See below The Impulsive Drop: 5 Waves Down to 152.50 The subsequent price action confirmed the

The short‑term Elliott Wave outlook for Exxon Mobil (XOM) indicates that the rally from the June 25, 2026 low is unfolding as a five‑wave diagonal. From that point, wave (1) concluded at $159.42, followed by a corrective pullback in wave (2) that ended at $149.09. The stock then advanced in wave (3), reaching $168.64. The subsequent pullback in wave (4) developed as a double three structure, with wave W finishing at $162.25, wave X rallying to $165.40, and wave Y declining to $155.37. This sequence completed wave (4) at a higher degree. The advance has since resumed in wave (5). Within this leg, the rally unfolded as a diagonal. Wave ((i)) ended at $165.65, while the dip in wave ((ii)) terminated at $158.75. The third wave, ((iii)), carried prices higher to $167.70, before a modest pullbac

Silver is currently correcting the bullish cycle that began at the July 2026 low, potentially resulting in a significant pullback. This raises critical questions for traders: what happens once the correction concludes? Will the metal rally toward the January 2026 high, or is it poised for extended sideways movement or further downside? Following the record highs in late January 2026, Silver experienced a sharp decline, signaling the onset of a significant bearish cycle. Despite this sell-off, many market participants maintain a bullish outlook, anticipating that the metal will eventually break to new highs in the coming weeks, months, or years. Meanwhile, after completing a 7-swing structure in July 2026, Silver received a major boost as dollar weakness encouraged investors to move into ri

In our previous Elliott Wave update on the VanEck Oil Services ETF ($OIH), we highlighted the bullish double nest from the 2020 lows and the strong reaction higher from the major support area. That advance has continued to develop as expected and now appears to have completed wave ((1)). As a result, $OIH has entered a corrective wave ((2)) pullback. The current decline is expected to retrace part of the latest advance before buyers step back in. The key area to watch comes between the 50% and 61.8% Fibonacci retracement at 398.49–388.60, where support should begin to appear. $OIH Wave ((1)) Appears Complete Looking at the weekly chart, $OIH rallied strongly from the July 2026 low and developed an impulsive structure. That advance unfolded through five waves and eventually completed wave (

The short‑term Elliott Wave outlook in Silver (XAGUSD)f rom the July 17, 2026 low indicates that the cycle is unfolding as a five‑wave impulse. Within this sequence, wave ((1)) concluded at $71.23. The subsequent pullback in wave ((2)) is now in progress, serving to correct the earlier advance. Its internal subdivision takes the form of a zigzag structure, which is typical in corrective phases. From the termination of wave ((1)), wave (A) ended at $63.28. Thereafter, wave (B) developed as a zigzag of its own. In this subdivision, wave A finished at $67.47, wave B retraced to $64.71, and wave C advanced to $68.32, completing wave (B) at a higher degree. Following this, the metal resumed its decline in wave (C). The ideal target for this leg is measured by the 100% to 161.8% Fibonacci extens

The short‑term Elliott Wave outlook for the Nasdaq 100 (NQ) indicates that the rally from the July 30 low concluded in wave 1 at 30,352.16 as an impulsive structure. Following this advance, a corrective pullback in wave 2 is unfolding, with its internal subdivision taking the form of a double three. From the termination of wave 1, wave (a) ended at 29,430.50, while the subsequent rally in wave (b) reached 29,757.25. The decline in wave (c) then completed at 28,946.75, marking the conclusion of wave ((w)) at a higher degree. Currently, wave ((x)) is progressing as an expanded flat structure within the Elliott Wave framework. From the completion of wave ((w)), wave (a) advanced to 29,811.50, followed by a pullback in wave (b) that ended at 28,927.25. The index retains scope to extend higher

XLF (State Street Financial Select Sector SPDR ETF) has shown a bullish impulse since the June 3, 2026 low. The 4‑hour Elliott Wave structure favors further upside as the ETF continues to make higher highs and higher lows. Our guidance for members was to avoid selling and instead buy corrective dips in 3, 7, or 11 swing sequences at clearly defined blue box areas. Instrument Snapshot Ticker: XLF Name: State Street Financial Select Sector SPDR ETF Timeframe: 4‑hour Elliott Wave analysis Trade style: Tactical buy‑the‑dip approach while the impulse structure remains intact Elliott Wave 4-Hour Technical View August 17 2026 Financials Surge: XLF Breaks Higher from Blue Box Zone The advance from the June 3 low is unfolding as an impulse. Key structure points: Wave (3) completed at $58.43. Wave (

Royal Bank of Canada., (RY) operates as diversified financial service company worldwide. It operates through personal finance, commercial banking, wealth management & Insurance segments. It comes under “Financial services” sector & trades as “RY” ticker at NYSE. The RY continue rally within ((3)) impulse in sequence from April-2025 low as per last article. Short term, it should continue rally into $222.9 – $238.45 area before pullback start. Since March-2020 low as (II), it started rally in (III) in weekly. It placed I of (III) at $119.41 high in January-2022 & II at $77.90 in October-2023 low. It ended ((1)) of III at $128.05 high, ((2)) at $106.10 low & favors rally in ((3)) against April-2025 low. RY – Elliott Wave Latest Weekly View: Within ((1)), it ended (1) at $102.0

On August 31 2026 I posted on social media @AidanFX the EURUSD sell entry chart with stop loss and targets. EURUSD 15 Minute Chart August 31 2026 (Sell Entry) EURUSD, trading, elliottwave, bearish market patterns, forex, @AidanFX, AidanFX EURUSD moves lower and on September 1 2026 price hits the 3R target at 1.1576 from 1.1612 and I closed the sell trade for +36 pips (+3% gain risking 1% on every trade) EURUSD 15 Minute Chart September 1 2026 (Targets Hit/Trade Closed) EURUSD, trading, elliottwave, bearish market patterns, forex, @AidanFX, AidanFX A trader should always have multiple strategies all lined up before entering a trade. Never trade off one simple strategy. When multiple strategies all line up it allows a trader to see a clearer trade setup. We at EWF never say we are always rig

Pan American Silver Corp. (PAAS) is one of the world’s leading primary silver producers, headquartered in Vancouver, Canada. With a diversified portfolio of mining operations and exploration projects across the Americas, the company not only delivers significant silver output but also produces gold and base metals. Its scale, jurisdictional breadth, and long track record in the sector make PAAS a key name for investors seeking exposure to precious metals. PAAS Monthly Elliott Wave Chart Pan American Silver (PAAS) completed wave ((II)) of the Grand Supercycle at the $5.70 low, establishing a major long‑term pivot. From that base, the stock advanced in a nested wave ((III)) structure. Up from wave ((II)), wave (I) peaked at $40.11, followed by a wave (II) correction to $12.16. The stock has

The short-term Elliott Wave view for the S&P 500 (SPX) indicates that the cycle from the June 9 low is approaching maturity. The structure is close to completing a five-wave impulsive sequence. From that low, wave (i) ended at 7579.93, followed by a corrective decline in wave (ii) that finished at 7313.92. The Index then advanced in wave (iii), reaching 7816.7, as shown in the one-hour chart. A subsequent pullback unfolded, and wave (iv) is proposed to have completed at 7611.07. At this stage, the Index must break above the prior peak at 7816.7 to to rule out a double correction. In the near term, as long as the pivot at 7611.07 remains intact, the expectation is for the Index to extend higher. This move would complete wave (v) and finalize the cycle from the June 9 low. Once wave (v)

Hello Traders, in today’s blog post we are reviewing the $META wave structure shared with our members, which pointed to a bullish reversal. The Elliott Wave Zigzag pattern confirmed the move just above the critical 518.21 invalidation level, propelling prices sharply higher. Read on as we break down what lies ahead for the stock. The Corrective Pullback Forecast The chart from 08.14.2026, highlighted a completed impulsive rally in wave (A), followed by a 5-swing structure in wave A. This 5-swing decline signalled that the market was developing a classic 5-3-5 Zigzag correction. Based on this structure, the forecast called for a final push higher in wave B—holding below the wave (A) high—before turning lower in wave C of (B). What is a ZigZag Correction? A Zigzag structure in Elliott Wave T

Hello , fellow traders. In this technical update, we’ll revisit our recent Elliott Wave analysis for BTCUSD, published in the members’ area of the website. In our previous BTC article, we explained that Bitcoin was going through a short-term correction after a strong rally from the August 1 low. We highlighted 76,235 as the key short-term level and outlined two possible bullish scenarios. The first scenario allowed for another push lower before the rally resumed. However, we also noted that if BTCUSD continued to hold above 76,235 and broke above the connector, the correction could already be complete and the next bullish leg could begin. That more bullish scenario played out, with Bitcoin holding the key low and turning sharply higher. BTCUSD Elliott Wave 1 Hour Chart 09.02.2026 BTCUSD is