In this blog, we are going to take a quick look at the Elliottwave chart of Corn (ZC_F).  The chart from 1.16.2020 New York update showed that Corn was doing a pullback in wave (2).  Wave A of (2) ended at 376’4 low.  Wave B of (2) ended at 390’5 high. From there, we expect […]

In this blog, we are going to take a quick look at the Elliottwave chart of NZDJPY.  The chart from 1.22.2020 New York update showed that NZDJPY ended wave 4 at 71.234 low.  The pair then extended higher in wave ((i)) of 5.  Wave ((i)) ended at 73.343 high. From there the pair is proposed […]

Swiss Franc strengthens on Tuesday, January 14 2020, after the US Treasury Department added Switzerland to its watch list for countries labelled as “currency manipulator” alongside other countries such as Germany, Ireland, Italy, Japan, Malaysia, Singapore, South Korea and Vietnam. This is not the first time Switzerland has been added to the watch list. In […]

In this blog, we’re going to take a quick look at the Elliott Wave chart of copper.  The chart from 1.3.2020 update showed that copper ended the cycle up from 11.15.2019 low at 2.6130 to 12.26.2019 high at 2.8565 as 5 waves impulse structure.  Copper then did a pullback from the high, which unfolded as […]

In this blog, we’re going to take a quick look at the Elliott Wave charts of EURJPY pair.  EURJPY ended short term cycle in wave ((iii)) as 5 waves rally from 11.14.2019 low at 117.05 to 12.13.2019 high at 122.66. Then, the pair pulled back to correct the cycle up from 11.14.2019 low in 3 […]

The UK election result pushed GBP higher after the Conservatives, led by Prime Minister Boris Johnson, won the majority in parliament with a landslide victory.  This is the Tories’ biggest victory since Margaret Thatcher days. Johnson can finally get his Withdrawal Agreement Bill passed now that the Parliamentary blockage out of the way. However, getting […]