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Elliott Wave View: NZDJPY Turns Lower After 3 Waves Rally
Read MoreShort term Elliott Wave view in NZDJPY suggests that decline from January 5, 2022 peak is unfolding as a 5 waves impulse structure. Down from January 5 peak, wave (1) ended at 75.24 on January 28 and rally to 78 ended wave (2) on February 10. Internal subdivision of wave (2) unfolded as a double […]
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NIO Near the Support Area
Read MoreIn our previous May 31, 2021 article on Nio (NYSE: NIO), we argued that the stock is in the process of all-time low correction. Nio is a Chinese electric car manufacturer based in Shanghai. The stock sees a meteoric rise since it debuted on September 2018 at NYSE. We have suggested previously that due to […]
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Elliott Wave View: General Electric (GE) Ended 5 Waves Rally
Read MoreGE (General Electric) is correcting cycle from January 27 low before the next leg higher. This article and video look at the Elliott Wave path.
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GBPAUD Bullish Sequence Favors More Upside
Read MoreGBPAUD has found bid due to the divergence in the monetary policy between RBA and BOE. Bank of England (BOE) this year has hiked interest rate twice to fight against inflation. However, BOE indicates that it may still need to hike a few more times this year before it stops. This should take interest rates […]
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Elliott Wave View: Apple (AAPL) Resumes Higher
Read MoreApple (AAPL) has resumed higher after ending the correction on January 25 low. This article and video look at the Elliott Wave path.
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Elliott Wave View: Bitcoin (BTCUSD) Recovery In Progress
Read MoreBitcoin cycle from January 24, 2022 low is in progress as a double three looking for more upside.This article & video look at the Elliott Wave path.