AUDUSD is showing 5 swings sequence from 12/23/2017 low after it managed to break above 02/23 peak so the sequence is bullish against Intermediate wave (X) low (0.7487). The pair did 5 waves impulsive move from 03/09 low  in Minute wave ((a)) which ended at 03/23 peak (0.7749) and currently doing Minute wave ((b)) pullback  that’s unfolding as a double three structure. […]

AUDUSD ended the correction in Intermediate wave (X) after reaching 0.7486 and then started rallying from there. With today’s new high the pair is showing 5 waves impulsive move from 03/09/2017 low and has already reached the minimum target area for Minutte wave (v) to end. The minimum target for Minutte wave (v) can be calculated as the […]

2016 was a good year for Energy Stocks as Oil & GAS price rose significantly helping the Energy sector to recover from the drop that started since 2014 . However since the recent peak early this year , Oil price stabilised in a tight range and failed to move higher before the recent 9% drop last week […]

Last week , GBP USD ended the cycle from 02/02/2017 peak which unfolded as a double three Elliott wave structure with a FLAT in the Y leg. Pair slightly exceeded 123.6 Fibonacci extension (1.2145) of the first 3 swings lower from 2/2 peak before making a push higher today. With the bounce seen today, it has […]

Amazon Amazon (NASDAQ: AMZN) is one of the strongest companies providing positive returns to its investors in the recent decade . Last week AMZN managed to make new all time highs after breaking above October 2016 peak , this move opened an extension higher as the stock is now showing an incomplete bullish sequence from February 2016 low and […]

Bitcoin Review Last year , Bitcoin was still considered as a fading project and many expected its price to keep dropping and break below $100. However in the recent months, the crypto-currency kept rising significantly and finally managed to make new all time high and break above $1200 last week ! That’s only $50 short of the equivalence to 1 […]