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
Elliott Wave Market Brief: Navigating April’s Turning Points
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 : ELLIOTT WAVE BLOG
Upside targets are set at , with 1.3620 serving as the critical invalidation level.
Elliott Wave Outlook: Oil (CL) Zigzag Rally Targets $110 Area Analysts from FXStreet indicate the current rally from
: The bullish structure remains valid as long as it holds above the support zone. Nasdaq 100 (NDX) : Current momentum is consistent with a final 5th wave. Projections suggest a potential peak near by late April. Commodities & Forex Highlights
Likely in a reversal phase following stalls in US-Iran peace negotiations. The short-term target is the extension area around $110
Equity markets are currently in a high-stakes "Wave 5" environment. : The index reached a new all-time high on April 22.