Elliott waves are my passion!
Amid a Thanksgiving-induced market calm, this week saw the dollar stabilize and U.S. yields rise, hinting at only a temporary shift in market dynamics.
The FOMC meeting on November 1, 2023, proved to be a pivotal moment in the year's economic narrative.
Metals are experiencing an upward trend this week due to geopolitical tensions between Israel and Hamas.
The Kiwi Can Be Trading In 5th Wave, as we see it still in downtrend from technical point of view and Elliott wave perspective.
Gold was trading sideways through the summer period, where we spotted a larger bearish running triangle formation within wave B, from where we were looking for a drop into wave C.
Gregor Horvat's specialty is Elliott Wave Theory which can be very helpful, especially if you know how to use it in combination with other tools/indicators.
Gregor's approach to the markets is technical, and covers a combination of market sentiment and important events that can cause a change in cycles. He uses a lot of different methods when analyzing the markets such as candlestick patterns, MA, technical indicators, and of course, fundamental aspects as well - mostly the hawkish/dovish policy of CB, which are the main drivers for investors' decisions.
Gregor Horvat is the CEO and chief analyst at Wavetraders. His involvement in the markets goes back to 2003, and he worked for Capital Forex Group and TheLFB.com before becoming the owner of the trusted and respected Ew-Forecast portal.
Gregor's feature articles have been published on many well know websites such as FXstreet.com, Thestreet.com, Action Forex, Barchart, Investing, Insidefutures, and he appeared on Real Vision TV in 2019. He is also part of a team at Forex Analytix, and a regular speaker at the very popular F.A.C.E show, where he presents his Elliott wave analysis and opinion. He also won the award on FXStreet.com for Best Forex Analysis in 2016, plus Best Buy-Side Analysis in 2018.
Gregory enjoys teaching and helping other clients and shares his opinion about the Elliott wave principle and how to label and track unfolding patterns in real-time. Elliott waves are his passion!
