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Virus Vaccine Hopes Support New Zealand Dollar
Read MoreTwo weeks’ back-to-back good news on virus vaccine from Pfizer and Moderna have buoyed risk sentiment. Overnight news reports Moderna’s COVID-19 vaccine has even a better 94.5% efficacy rate and longer shelf life compared to the Pfizer’s. New Zealand dollar, usually a proxy for risk sentiment, rose to 0.6910 after the news. Prior to all […]
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Elliott Wave View: DAX Impulsive Rally Suggests Buyers in Control
Read MoreDAX rallies in an impulsive structure from Oct 30 low suggesting further upside is likely. This article and video look at the Elliott Wave path.
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Elliott Wave View: Pullback in Dow Futures (YM) Should See Buyers
Read MoreDow Futures (YM) has broken to all-time high and should continue to find support in 3, 7, 11 swing. This article and video look at the Elliott Wave path.
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Elliott Wave View: USDJPY Rallies Higher Together with Indices
Read MoreUSDJPY shows an impulsive rally from Nov 9 low suggesting further upside is likely. This article and video look at the Elliott Wave path.
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Bullish Sequence in Eurostoxx (SX5E) Favoring More Upside
Read MoreEarlier this week, news came out that a vaccine from Pfizer and BionTech has a 90% effectiveness. It triggered a big rally in the market on Monday. The U.S. and Europe are now still struggling with a new wave of Covid-19 infection with potential lockdown measures. There’s no question that people need to brace for […]
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Elliott Wave View: Bullish Outlook in Oil (CL)
Read MoreOil shows a 5 waves rally from November 2 low suggesting further upside is likely. This article and video look at the Elliott Wave path.