Poundsterling Soars as UK and Irish Leaders Find Pathway to Brexit Deal
The last ditch Brexit talks between British and Irish leaders last week yield unlikely breakthrough. Both leaders issued an upbeat statement after the meeting, saying they see a pathway to…
Elliott Wave View: Rally in Amazon (AMZN) Can Fail
Short term Elliott Wave view of Amazon ($AMZN) suggests the decline to 1685.06 ended wave (A). Internal of wave (A) unfolded as a 5 waves impulse Elliott Wave structure. On the…
Elliott Wave View: Further Downside in Netflix
Short term Elliott Wave view suggests the rally to $299.5 in Netflix ($NFLX) ended wave 2. From there, the stock resumed lower and ended wave 3 at $252.03. Internal of…
Elliott Wave View: Has Silver Started the Next Leg Higher
Short term Elliott Wave view suggests the rally in Silver (XAGUSD) to 17.79 ended wave (1) as a 5 waves impulse. The pullback to 17.24 in the metal ended wave…
S&P 500 (SPX) Outlook in the Week of U.S – China Trade Talk
Ahead of the trade negotiations this week, Chinese officials have indicated they are looking for a narrower scope instead of a grand deal. Vice Premier Liu He has said he…
Elliott Wave View: Facebook can See Larger Correction
Short term Elliott Wave view on Facebook (ticker: FB) suggests the rally to 193. ended wave ((X)). The stock has resumed lower within wave ((Y)) which is unfolding as a…
Elliott Wave View: Gold May Have Completed Correction
Elliott Wave view on Gold suggests the rally from August 2018 low last year remains in progress as a 5 waves impulse Elliott Wave structure. On the 1 hour chart below,…
Elliott Wave View: Oil Resumes Lower Impulsively
Short term Elliott Wave view on Oil suggests wave (B) rally ended at 63.38 on September 17, 2019 high. The commodity has since turned lower within wave (C) which is…
Elliottwave View: GBPUSD Rally Expected To Fail
Short term Elliott Wave view on $GBPUSD suggests the rally to 1.258 on September 20, 2019 high ended wave (4). Pair has since turned lower within wave (5) which is…