-
Elliott Wave View: Dow Jones Futures (YM_F) Has Resumed Higher
Read MoreDow Jones Futures (YM_F) shows incomplete sequence from June 3 low favoring more upside. This article and video shows the Elliott Wave path.
-
Facebook Cryptocurrency Project Can Propel The Stock to New All-Time High
Read MoreVarious sources believe that Facebook will unveil a new cryptocurrency payment plan sometimes this month. The company will allow employees working on the project to take their salary in the form of the new currency. One year ago, Facebook has appointed former Paypal executive David Marcus to explore the blockchain technology. Since then, Facebook has […]
-
Elliott Wave View: Further Weakness in GBPUSD Expected
Read MoreShort Term Elliott wave view in GBPUSD suggests the decline from June 7 high is unfolding as an impulse Elliott Wave structure. Down from 1.276, wave (i) ended at 1.265 with internal as an impulse in lesser degree. Wave (ii) bounce ended at 1.276 as a zigzag Elliott Wave structure. Pair has now reached 200% […]
-
Australian Dollar Extends Weaknesses
Read MoreAustralian Dollar dropped further last week as unemployment figure came out higher than expected at 5.2%. The consensus has been for a dip to 5.1%. Australian unemployment rate has now risen 0.3% since February. The official number has raised speculation that further interest rate cut will come. RBA (Reserve Bank of Australia) has been fighting […]
-
Elliott Wave View: Apple (AAPL) Has Started Correction
Read MoreShort Term Elliott wave view in Apple (AAPL) is calling the decline to 170.44 on June 4 as wave I. Wave II bounce is currently in progress to correct cycle from June 4 low as a zigzag Elliott Wave structure. Up from 170.44, Wave ((A)) of II has ended at 196.79 as a 5 waves […]
-
Elliott Wave View: Dow Jones Futures Correction to Find Buyers
Read MoreDow Jones Futures (YM_F) shows 5 waves up from June 3 low favoring more upside. This article & video shows the short term Elliott Wave structure.