In an interview with CNBC last Thursday, President Trump indicated that he is not thrilled about interest rate hikes. He went on to say that he did not agree with the Fed’s decision to keep raising the rate. Trump argued that the higher rate puts the U.S. at a disadvantage compared to the European Union […]

In this video today, we will analyze US Dollar through USDPLN (Poland Zloty). Below you can find the short term and long term outlook in US Dollar Video on US Dollar Elliottwave Analysis through USDPLN   At Elliottwave-Forecast.com, we use correlation as one tool to complement our forecast. We often use USDPLN as we believe […]

In the video below, we take a look and explain the timing cycle of Hang Seng Index from Hong Kong to figure out whether stock market has put in a major top. Hang Seng Index is one of the clearest structures in the market that we can study to learn about the potential duration and […]

Early this week the price of Soybean futures (ZS_F) plunged to a new low in more than 9 years due to the tit-for-tat trade war between U.S. and China. Soybean Futures started to drop on Friday last week after Trump administration decided to go ahead with 25% tariff on $50 billion worth of goods from […]

The Organization of the Petroleum Exporting Countries (OPEC) will meet in Vienna next week to discuss potential reduction or revision to the 1.8 million barrels/day production cut put in place in early 2017. After yearlong rise in oil and gasoline price, there’s a call to control the price from rising too far and too fast. […]

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 and brings the year-on-year growth rate to 3.1%, up from 2.4% in the previous quarter. Chart below shows the year-on-year growth of Australia’s GDP: The […]