Care to guess what is the best performing major currency in 2018? Chances are you will say that it’s the US Dollar. Although US Dollar is doing pretty well this year, the best performing currency is in fact the Japanese Yen. You can see in the table below that despite the Dollar Index rallying 4.9% […]

Elliott Wave outlook in Oil (CL_F) suggests that the move lower from 10/3 high ($76.9) remains in progress as a 5 waves impulsive Elliott Wave structure. Down from $76.9, Primary wave ((1)) ended at $65.74, Primary wave ((2)) ended at $67.95, and Primary wave ((3)) remains in play. Internal of Primary wave ((3)) also unfolded […]

Short Term Elliott Wave view suggests that cycle from 11.8.2018 high (87) ended at 83.55 in Minor wave W and bounce to 85.27 ended Minor wave X. Pair has resumed lower in Minor wave Y, but it needs to break below Minor wave W at 83.55 for confirmation and to avoid double correction in Minor wave […]

The Brexit saga continues to unfold as Prime Minister Theresa May postponed Brexit deal vote in U.K Parliament last week. The cancellation happened after it becomes clear that May will lose the vote by large margin if she forces it through the Commons. Subsequently, Ms. May survived a confidence vote in her own party and […]

Short Term Elliott Wave view suggests that cycle from Oct 8 low (0.642) has ended at 0.697 high as Primary wave ((1)). Pair is now in the process of correcting the rally from Oct 8 low in 3, 7, or 11 swing within Primary wave ((2)). Decline from 0.6968 is unfolding as a double three […]

Short Term Elliott Wave view suggests that the selloff in Bitcoin is not yet over. Rally to $4409.77 ended Intermediate wave (X). Down from there, the decline is unfolding as a double three Elliott Wave structure where Minor wave W ended at $3210. Internal of Minor wave X unfolded also as a double three Elliott […]