EURAUD Short Term Elliott Wave view suggests the decline to 1.5057 ended Intermediate wave (X). Up from there, the rally unfolded in 5 waves impulse Elliott Wave structure, suggesting that while pullbacks stay above 1.5057 low, pair could see more upside. Up from 1.5057, Minute wave ((i)) ended at 1.5234, Minute wave ((ii)) ended at 1.5075, Minute wave ((iii)) ended […]

Germany suddenly found itself in a political turmoil on Monday after the month-long talk to form a three-coalition party between Angela Merkel’s conservative bloc (CDU/CSU), the pro-business Free Democractic Party (FDP) and environmentalists Greens has failed. The crisis definitely challenges the idea that Germany is the anchor of democratic stability in Europe. FDP walked out of the negotiations on […]

The decline to 1.5057 in EURAUD ended Intermediate wave (X). Rally from there unfolded as a 5 waves impulse Elliott Wave structure, this as long as the pullbacks stay above 1.5057 low, pair could see further upside. Up from 1.5057, Minute wave ((i)) ended at 1.5234, pullback to 1.5075 ended Minute wave ((ii)), Minute wave ((iii)) ended at […]

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 […]