A lot has been said and written about both the Democrat and Republican economic plans for a better economy. We believe in free enterprise and limited regulation, allowing humans to create and expand at their own will for the better but there is a vast difference between the two parties regarding the economic agenda. Most […]
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Elliott Wave Analysis: Gold Favored Higher Against 1306.96
Read MoreGold Short Term Elliott Wave view suggests that Intermediate wave (X) ended with the decline to 1306.96. Up from there, the yellow metal is rallying in 5 waves impulse Elliott Wave structure where Minutte wave (i) ended at 1337, Minutte wave (ii) ended at 1317.27, Minutte wave (iii) ended at 1357.12, Minutte wave (iv) ended at […]
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Elliott Wave View: DXY ending 5 waves decline
Read More$DXY US dollar Index Short-term Elliott Wave view suggests that the rally to February 09.2018 peak at 90.57 ended Primary wave ((4)) in a Flat correction. Down from 90.57 high the decline is unfolding as Elliott Wave Impulse Sequence, where each leg has an internal distribution of 5-3-5 structure thus favored being an Impulse sequence. The DXY has […]
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Elliott wave Analysis: Gold renews the Path to $1450
Read MoreGold Short-term Elliott Wave view suggests that the decline from January 25.2017 high (1365.96) to February 08.2018 low ended Minor wave X at 1306.96 low. After reaching the 100%-123.6% Fibonacci extension area of ((w))-((x)) at 1306.70-1297.49 area. When internals in Minor wave X unfolded as Elliott Wave Double Three Structure, where each leg had an internal distribution of 3-3-3 […]
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Elliott wave Analysis: USDJPY calling for more downside
Read MoreUSDJPY Short-term Elliott Wave view suggests that the rally to 110.48 high ended Intermediate wave (4) bounce on February 02.2018 peak. Below from there, the decline is unfolding as an Ending Diagonal Structure within Intermediate wave (5) lower. Where Minor wave 1 ended at 108.44 low as Zigzag structure, Minor wave 2 bounce ended at 109.77 in a Double three […]