Last week’s tweet by president Trump to slap a new round of tariffs to Chinese goods has sparked risk aversion in the market.  Trump announced that he is imposing an additional 10% tariff on $300 billion of Chinese imports beginning on September 1. Trump said the additional tariff is due to China being slow to […]

NZDJPY extends lower after the 50 bp rate cut by RBNZ. Elliott wave view suggests the pair shows incomplete bearish sequence favoring more downside.

Decline in DAX from July 4 high (12660.5) is impulsive. Index should see further downside in the near term. This article talks about Elliott Wave path.

Gold has resumed higher in wave 5. The rally from Aug 1 is impulsive and while dips stay above there, the metal can extend higher.

EURUSD shows incomplete sequence from Feb 2018 high favoring further downside. This article and video show the Elliott Wave path.

DAX has reached 100% extension area in 3 waves from July 4 high and can see support soon. This article and video show the Elliott Wave path.