How Bullish is US Dollar?
How Bullish is the US Dollar? The strength in US Dollar (DXY) in the past two months prompts the question: Has US Dollar resumed the bullish trend? In this video…
How US Decision on Iran Deal May Affect Crude Oil Price
On Tuesday at 2 PM Eastern Time, U.S President Donald Trump is expected to announce decision whether he will withdraw from the 2015 Iran nuclear deal. Trump has long been…
AT&T Looking to Extend Lower
AT&T ($T) shows a bearish sequence from 7/5/2016 high in the form of a zigzag Elliott Wave Structure in which wave "a" ended at $32.55 on 11/8/2017 low and wave…
Successful NAFTA Renegotiation May Support Loonie
Bank of Canada on Holding Cycle due to NAFTA's Downside Risk Bank of Canada has signaled it's not in a rush to pursue aggressive interest rate hikes. The Bank cited…
Relative Weakness in Consumer Staple Sector
Consumer Staple Sector (XLP) is Underperforming Consumer Staples Select Sector SPDR ETF (XLP) is a basket of 34 companies in the consumer staple sector from the S&P 500. The fund's…
Geopolitical Tension Could Be Catalyst for Gold’s Rally
Rising Geopolitical Tension between U.S. and Russia The geopolitical tension between the United States and Russia escalated rapidly in the past two weeks. Two weeks ago, the U.S. Treasury Department…
Elliott Wave Analysis: GBPUSD Strength Expected
GBPUSD Short Term Elliott Wave view suggests that the rally from 3.1.2018 low (1.371) is unfolding as a 5 waves impulse Elliott Wave Structure. Up from 3.1.2018 low, Minor wave 1…
Elliott Wave Analysis: USDCAD Moving in Impulsive Structure
USDCAD Elliott Wave view suggests that the decline from 3/19 high (1.313) is unfolding as a 5 waves impulse Elliott Wave structure. Minor wave 1 ended at 1.2819, Minor wave…
Elliott Wave Analysis: Gold Short-term View
Gold short term Elliott Wave view suggests that the yellow metal is in a sideways move, typical characteristic of a triangle Elliott Wave structure. A triangle is a sideways range…
