In this article, we will attempt to do short term and medium term Gold forecast through the chart of Gold-to-Silver ratio. The aftermath of Donald Trump’s election initially saw Gold rallying 5% on Nov 9, only to be completely reversed. Since then, we saw U.S. Dollar’s rally accelerated against other major currencies. USD Index made […]

Revised USDNOK short Term Elliott wave cycles suggests that rally to 8.641 ended wave 3 and wave 4 pullback is unfolding as a double three where wave ((w)) ended at 8.447, wave ((x)) ended at 8.543 and wave ((y)) of 4 is in progress towards 8.304 – 8.35 area. Near term, while pullbacks stay below wave ((x)) at […]

USDNOK Short Term Elliott wave cycles suggests that rally to 8.641 ended wave 3 and wave 4 pullback is in progress to correct cycle from 11/7 low (8.135) before turning higher. Internal structure of wave 4 is unfolding in a double three where wave ((w)) ended at 8.501 and wave ((x)) ended at 8.592. Near term, while USDNOK stays […]

USDNOK Short Term Elliott wave cycles suggests that rally to 8.641 ended wave 3 and wave 4 pullback is in progress to correct cycle from 11/7 low (8.135) before turning higher. Internal structure of wave 4 is unfolding in a double three where wave ((w)) ended at 8.501 and wave ((x)) ended at 8.592. Near term, while USDNOK stays […]

Nikkei Short Term Elliott wave cycles suggests that decline to 16140 ended wave (X). Rally from there is unfolding as double three where wave W ended at 17635 and wave X ended at 17291. Near term, wave ((w)) is expected to complete at 18421 – 18581 area, and Nikkei index should ideally pullback in wave ((x)) in 3, 7, or 11 swing […]

Nikkei Short Term Elliott wave cycles suggests that decline to 16140 ended wave (X). Rally from there is unfolding as double three where wave W ended at 17635 and wave X ended at 17291. Near term, wave ((w)) is expected to complete at 18421 – 18581 area, and Nikkei index should ideally pullback in wave ((x)) in 3, 7, or 11 swing […]