GBPUSD continues to demonstrate a constructive bullish sequence from the November 5, 2026 low, favoring further upside potential. The rally from that low is unfolding in the form of an impulse Elliott Wave structure, which provides clarity on the ongoing trend. From November 5, wave ((i)) concluded at 1.3568, followed by a corrective pullback in wave ((ii)) that ended at 1.334. The internal subdivision of wave ((ii)) developed as a zigzag formation, with wave (a) finishing at 1.339, wave (b) rallying to 1.3495, and wave (c) declining to 1.334. This sequence completed wave ((ii)) at a higher degree and set the stage for renewed strength. The pair has since resumed its advance in wave ((iii)), which is unfolding as another impulse of lesser degree. From the termination of wave ((ii)), wave (
Elliott Wave View: S&P 500 (SPX) Breakout to Record High Confirms Bullish Momentum
The S&P 500 (SPX) has advanced to a new all-time high, confirming that the bullish sequence from the November 21, 2025 low remains intact. This breakout favors more upside in the near term. The rally from that low is unfolding in a clear five-wave structure, consistent with Elliott Wave analysis. Wave ((i)) ended at 6986.33, marking the first leg of strength. The pullback in wave ((ii)) developed as a zigzag correction. Within this phase, wave (a) ended at 6885.74, wave (b) rallied to 6979.34, and wave (c) declined to 6788.03. This completed wave ((ii)) at a higher degree. From there, the index resumed higher in wave ((iii)). Wave (i) advanced to 6934.75, while wave (ii) pulled back to 6895.5. Momentum carried wave (iii) to 6988.82. A short-term pullback in wave (iv) is expected, but b
Elliott Wave Theory and High-Frequency Trading Signal the Next Buying Opportunity in Delta Air Lines (DAL)
Elliott Wave Theory states that market trends unfold in five impulsive waves and correct in three waves. Building on this foundation, EWF has developed an enhanced and more systematic approach to Elliott Wave analysis by integrating wave sequences and high-frequency trading concepts,. We discussed this topic in our article The Elliott Wave Theory and High-Frequency Trading. This evolution of the theory allows us to identify higher-probability entry zones with greater precision and consistency for our members. We will utilize this concept in evaluating Delta Airlines (DAL). Financial markets do not operate in isolation. Rather, they move as a unified system. As a result, our methodology begins by identifying dominant market cycles and correlating them across multiple instrum
Costco (COST) Bullish Setup: Rally Towards 1515 From Blue Box Area
Costco Wholesale Corporation., (COST) engages in the operation of membership warehouse in the United States & globally together with its subsidiaries. It offers branded & private-label products in the range of merchandise categories. It also operates e-commerce websites in the US, Canada, UK & many other countries. It comes under Consumer Defensive sector & trades as “COST” ticker at Nasdaq. In weekly, COST is bullish nested impulse Elliott Wave sequence against May-2022 low. It found support in blue box area in December-2025 low & expect further upside in ((1)) of I, which will confirm above February-2025 high. It ended ((I)) in weekly at $612.27 high in April-2022 & ((II)) at $406.51 in May-2022. Above there, it ended (I) of ((III)) at $1078.23 high in February-20
DXY Faces Persistent Selling at Extreme Equal Legs Zone
In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of DXY. We presented to members at the elliottwave-forecast. In which, the decline from 21 November 2025 high unfolded as an impulse structure. And showed a lower low favored more downside extension to take place. Therefore, we advised members not to buy the US dollar & sell the bounces in 3, 7, or 11 swings. Based on Elliott wave hedging area looking to get 3 wave reaction lower at least. We will explain the structure & forecast below: DXY 1-Hour Elliott Wave Chart From 1.22.2026 DXY Faces Persistent Selling at Extreme Equal Legs Zone Here’s the 1-hour Elliott wave chart from the 1.22.2026 Asia update. In which, the decline to $98.24 low ended in wave ((i)) as an imp
Cameco (CCJ) Breaks Out as Impulsive Strength Returns
Cameco is a leading Canadian uranium producer based in Saskatoon. The company operates some of the world’s highest‑grade and lowest‑cost uranium mines. It also maintains a significant presence across the nuclear fuel cycle through refining, conversion, and fuel‑manufacturing assets. In this article, we will look at the long term Elliott Wave path. Cameco ($CCJ) Monthly Elliott Wave Chart The monthly Elliott Wave chart for Cameco (CCJ) indicates that wave (II) of the Super Cycle ended at $5.17. From there, a powerful impulsive advance in wave (III) followed. From the wave (II) low, wave I completed at $62.55, and the subsequent pullback in wave II finished at $35. The stock then resumed higher in a nesting sequence, with wave ((1)) ending at $110.16 and wave ((2)) pulling back to $77.7. As
EURUSD Elliott Wave Outlook: Impulsive Rally Back in Play
EURUSD has resumed its advance within an impulsive Elliott Wave structure, reinforcing the bullish outlook. The cycle from the November 5, 2025 low is unfolding as a clear five‑wave sequence. Wave 1 concluded at 1.1808, establishing the initial leg of the rally. The subsequent pullback in wave 2 developed as a double three corrective formation, reflecting typical Elliott Wave behavior in consolidations. From the peak of wave 1, wave ((w)) ended at 1.1659, followed by a corrective rally in wave ((x)) that terminated at 1.1742. The final leg of the correction, wave ((y)), pushed lower and ended at 1.1575. This completed wave 2 at a higher degree and set the stage for renewed upside momentum. Since then, the pair has resumed higher in wave 3, confirming the impulsive structure. Advancing from
Alibaba Group. $BABA Extreme Area Offering a Buying Opportunity
Hello everyone! In today’s article, we’ll review the recent performance of Alibaba Group. ($BABA) through the lens of Elliott Wave Theory. We’ll review how the rally from the Jan 8th 2026 low unfolded as a 5-wave impulse followed by a 3-swing correction (ABC) and discuss what could come next. Let’s explore the structure and the expectations for this stock. 5 Wave Impulse Structure + ABC correction $GOOGL $BABA 1H Elliott Wave Chart 1.18.2026: $BABA In the 1H chart from Jan 18, 2026, $BABA completed a clear 5-wave impulsive cycle labeled red 1. After such a move, a corrective pullback is typical. As expected, the stock began to retrace in three swings, forming what we identify as an ABC correction. The price action suggested that buyer
Raytheon Technologies (RTX): The Breakout Toward $222
Raytheon Technologies Corp (NYSE: RTX) leads the aerospace and defense sector. Recent geopolitical events have fueled strong outperformance and momentum for the stock. Today, we analyze the Elliott Wave pattern driving its strategic breakout. Our examination provides a clear technical roadmap for its ascent. This convergence of sector strength and wave structure creates a compelling technical setup. Elliott Wave Analysis From its 2020 low, RTX created a three-wave advance to new highs. Wave I ended at $106, followed by Wave II at $68. Currently, Wave III remains in progress. This weekly cycle also shows three waves into new highs. Therefore, the stock has an incomplete bullish sequence. It aims to complete five-wave advances from both 2020 and 2023. The projected path shows an extension to
Silver (XAGUSD) continues to demonstrate a powerful impulsive rally, advancing steadily toward new all-time highs. The short-term cycle that began from the January 15, 2026 low is unfolding as a clear impulse five-wave rally. From that date, wave (i) concluded at $93.03, followed by a corrective pullback in wave (ii) that ended at $86.83. Momentum then carried the market higher, with wave (iii) reaching $94.12 before another modest retracement in wave (iv) down to $92.56. The final leg higher, wave (v), extended to $95.86, thereby completing wave ((i)) of a higher degree structure. After this initial advance, silver entered a corrective phase in wave ((ii)), forming a zigzag pattern. From the peak of wave ((i)), wave (a) declined to $93.09, while wave (b) rallied back to $95.56. The market