EWFHendra
Australia Economy Beat Expectation
Australia Economy Posts Strong Q1 Growth Australia's 1st quarter 2018 Gross Domestic Product is growing at 1.01%, beating the expectation of 0.9%. This is the largest increase since late 2011…
European Political Turmoil Headwind to Stock Market
Most World Indices spend time trading sideways in 2018. There are some exceptions such as FTSE from the U.K. and Russel from the U.S. which have been able to make…
NZDJPY Trade 12 April 2018 Live Trading Room
We issued a sell order in $NZDJPY on April 12, 2018 at market price 79.05 due to the 5 swing bearish sequence from 7.27.2017 high, which favors more downside towards…
Delay in Nafta Deal Doesn’t Hurt Canadian Dollar
We wrote in our previous article that Canadian dollar may get a bid if NAFTA (North America Free Trade Agreement) is successfully renegotiated. The three countries under NAFTA (U.S., Canada,…
How Bullish is US Dollar?
How Bullish is the US Dollar? The strength in US Dollar (DXY) in the past two months prompts the question: Has US Dollar resumed the bullish trend? In this video…
How US Decision on Iran Deal May Affect Crude Oil Price
On Tuesday at 2 PM Eastern Time, U.S President Donald Trump is expected to announce decision whether he will withdraw from the 2015 Iran nuclear deal. Trump has long been…
AT&T Looking to Extend Lower
AT&T ($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…
