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Elliott Wave View: Gold Should Extend Higher
Read MoreGold shows an incomplete sequence from August 16, 2018 low favoring further upside. Near term, pullback to 1385.34 ended wave (4). The yellow metal has resumed higher in wave (5). Internal of wave (5) is unfolding as a 5 waves impulse Elliott Wave structure. Up from 1385.34, wave 1 ended at 1427.16 and wave 2 […]
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Elliott Wave View: GBPUSD Should Remain Weak
Read MoreGBPUSD shows a bearish sequence from June 25 high favoring further downside.This article and video shows the Elliott Wave path.
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Elliott Wave View: NZDUSD Showing Incomplete Sequence
Read MoreNZDUSD has an incomplete 5 swing sequence from May 23, 2019 low favoring further upside. Short term Elliott Wave view suggests the pullback to 0.6565 on July 10, 2019 low ended wave ((X)). Pair then rallies from there as a zigzag Elliott Wave structure where wave (A) of this zigzag is in progress as an impulse. Up […]
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Elliott Wave View: Right Side in XLF Remains Higher
Read MoreXLF shows a bullish sequence from Dec 25, 2018 low favoring more upside.This article and video show the Elliott Wave path.
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Elliott Wave View: S&P 500 (SPX) Remains Buy in the Dips
Read MoreS&P 500 shows incomplete sequence from Dec 26, 2018 low favoring more upside. This article & video show the Elliott Wave path.
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Speculation on ECB Bond Purchase Put Pressure to Euro Dollars
Read MoreSpeculation on ECB Fresh Bond Buying Put Pressure to Euro Dollars ECB President Mario Draghi gave a hint last month that the central bank will need to add monetary stimulus if the economic outlook doesn’t improve. The Euro Zone economy has been in a slump for more than 1 year as global trade tensions and […]