Many traders often face the dilemma of whether Forex Trading is right for them or Stocks Trading. For traditional buy-and-hold, “long only” investors, Stocks Trading remains an obvious choice for a number of reasons. Stocks have a long-term record of positive returns; investors can receive regular income from dividends; dividends and capital gains have favourable […]

EURAUD Short-Term Elliott Wave view suggests that the decline to 1.5057 ended Intermediate wave (X). The rally from there appears to be unfolding as a 5 waves impulse Elliott Wave structure, suggesting that as long as the pullbacks stay above 1.5057, it could see further upside. Up from 1.5057, Minute wave ((i)) ended at 1.5234, Minute wave ((ii)) ended […]

EURAUD Short term Elliott Wave view suggests that the decline to 10/27 low 1.5052 ended intermediate (X). A rally from there is unfolding as an impulse Elliott Wave structure with extension and showing bullish sequence in the pair. This 5 waves move should end Minor wave A of an Elliott wave zigzag structure. In which case, after 5 waves move ends, […]

SPX Short-Term Elliott Wave view suggests that the rally to 2597.02 ended Intermediate wave (3). Intermediate wave (4) pullback ended at 2557.45 as a double three Elliott Wave structure. Down from 2597.02, Minor wave W of (4) ended at 2566.33, Minor wave X of (4) ended at 2587.66, and Minor wave Y of (4) ended at […]