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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Gold Elliott Wave Intraday analysis
Read MoreHello fellow traders. In this blog we’re going to take a look at Gold elliott wave chart and explain the structure in a few sentences. Before we explain current price action, we’re going to take a quick look at the 02/24 chart. As you might remember, in our last blog “ Gold Elliott wave Zigzag […]
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SPX Elliott wave view: Wave 4 started
Read MoreShort term Elliott wave view in SPX suggests that the rally from 1/23 low is unfolding as a 5 waves Elliott wave impulse structure where Minor wave 1 ended at 2301, Minor wave 2 ended at 2267.2, and Minor wave 3 is proposed complete at 2371.5. Internal of Minor wave 3 shows an extension and subdivided also […]
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Bitcoin ( BTCUSD ) Warning Stage
Read MoreBitcoin Review Last year , Bitcoin was still considered as a fading project and many expected its price to keep dropping and break below $100. However in the recent months, the crypto-currency kept rising significantly and finally managed to make new all time high and break above $1200 last week ! That’s only $50 short of the equivalence to 1 […]
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EURUSD: Euro area elections may limit strength
Read MoreThe Euro dollar (EURUSD) has been trading sideways since March 2015 before breaking into a new low in late December 2016. The single currency remains heavy technically and the underlying political and economic risks in the Euro-area in 2017 could provide a cap for any strength in the currency. The Euro zone has survived various crises […]