Elliott Wave Live: “From Easter Eggs to Trading Pips: A Weekly Roundup”
Apr 11, 2023


Greetings, traders! Welcome back to a new trading week following the Easter holidays. I trust you had a rejuvenating break spent with loved ones, away from your screens.

This week promises to be an intriguing one, as we look forward to the release of the US CPI and BOC rate decision tomorrow, followed by the AUD employment and USD PPI figures on Thursday. We’ll wrap up the week with US retail sales and Consumer Sentiment on Friday. At present, the market remains in risk-on mode, which is unlikely to shift significantly until the US CPI data is released tomorrow. As such, we should concentrate on currency pairs that are strongly correlated with stocks, namely EURUSD and GBPUSD. These pairs appear to be performing better than the NZD and AUD, which displayed weakness following last week’s price actions. Therefore, whenever risk-off flows occur, AUDUSD and NZDUSD are likely to be a good short.

Although metals have recently experienced a significant rise, it appears that gold bulls may be running out of steam. Crude oil is bullish, but the gap is yet to be filled. For further updates, kindly refer to our charts and the latest free Elliott wave Live session below.

Best regards,

Become a premium member

Get daily Elliott Wave updates for some major Digital currencies, FIAT currency markets, major stock indexes, gold, silver, crude etc. or apply for unlimited access to the Elliot Wave educational videos.

Silver is Pointing To February Highs: Intraday Elliott Wave Analysis


Any reviews, news, analysis, prices or other information contained on our website is provided as general market commentary and delivered electronically through a distribution channel to larger number of clients, therefore does not constitute investment advice or investment research. We are not trading advisors. Most of our work is for educational purposes only, with information based on Elliott Wave theory in real time. Trading forex, futures, options, stocks, cryptocurrenices or any another trading market carries a high level of risk, and may not be suitable for all investors.

The possibility exists that you could lose some or all of your initial investment; therefore you should not invest money that you cannot afford to lose. Our website and the information that we provide should not be relied upon as a substitute for extensive independent research before making your investment decisions. In no event will we be liable for any loss or damage on your account in connection with, the use of our products. For any real cash investments you have to contact your financial advisor.

Any information or material contained on our website is owned by Val Global d.o.o.. Reproduction is prohibited without Val Global d.o.o. prior license in writing.

By continuing to use the site, you agree to the use of cookies. Learn more.

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.