-
AAPL and the new iPhone 7
Read MoreAnnouncement and Release of Apple iPhone 7 AAPL announced it’s new iPhone 7 on September 9, 2016 and it was released on September 16, 2016 in 30 countries around the world including the US and UK. Release of iPhone 7 is expected to happen in another 30 countries in another week. AAPL stock opened at 104.64 […]
-
XAUGBP (Gold/GBP) Elliott Wave Analysis
Read MoreXAUGBP (Gold/GBP) rallied from 2008 low to 2011 peak in 7 swings after it started correcting the cycle from 2008 low which lasted 4 years and ended in July 2015 at 61.8 Fibonacci retracement of the rally from 2008 low to 2011 peak. Since then instrument has rallied again in 7 swings to 1069 (July […]
-
Is it time to be bullish or bearish the US Dollar?
Read MoreSilver rally from zero line to 2011 peak was in big 3 waves. Since then, we have seen a big 3 waves drop to 100% extension at 13.76 and metal has started bouncing again. This 100% extension was also the 76.4 % Fibonacci retracement of the rally from zero line. Cycle from 2011 peak appears […]
-
Gold (XAUAUD) Mid-term Elliottwave Analysis 8.21.2016
Read MoreNew high above 2011 peak 2011 peak makes Elliott wave sequence incomplete and bullish against 2013 low with a target between 2220 – 2441. As we know markets don’t move in a straight line so in this video we take a look at how the instrument is likely to reach the mentioned target area and also look […]