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Bleak Canada’s GDP Pummeled Loonie
Read MoreCanada’s Dollar slumped last Friday due to worse-than-expected gross domestic product data. Canada’s economy practically grinds to a halt at the end of 2018. Real GDP grew by just 0.1 percent in the fourth quarter of 2018. This equals to 0.4% annualized rate, which is significantly lower than analyst expectations of around 1%. This is […]
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Elliott Wave View: Short Term Bullish in Alibaba
Read MoreThis article & video explains the short term Elliott Wave path of Alibaba. The Stock is still missing 100% extension from Jan 2019 low favoring more upside.
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Elliott Wave View: Crude Oil on the Verge of a Breakout
Read MoreThis article and video explains the short term Elliott Wave path of Oil. Oil is on the verge of a breakout to the upside & soon will get confirmation.
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Elliott Wave View: EURJPY Rally Should Resume
Read MoreThis article and video explains the short term Elliott Wave path in EURJPY. Pair shows a bullish sequence from early January favoring more upside.
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Elliott Wave View: Downside Pressure in EURGBP
Read MoreElliott Wave sequence in EURGBP shows a 5 swing bearish sequence from August 29, 2017 high, suggesting more downside. This article & video looks at the next path of the pair.
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Progress in Brexit Negotiation Supports Poundsterling
Read MoreBritish Pound Sterling is the best performing major currency last week. The Pound Sterling shows strength as the market senses progress towards a Brexit deal. This follows news pointing to progress in Brexit negotiations. Last week UK Prime Minister Theresa May and EU President Jean-Claude Juncker met in Brussels to secure a deal. Both have […]