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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GBPAUD Short Term Elliott Wave Update 9.23.2015
Read MoreShort term Elliottwave view suggests the decline from wave ((X)) at 2.21 unfolded in a triple three structure WXYZ where wave W ended at 2.167, wave X ended at 2.193, wave Y ended at 2.151, second wave X ended at 2.17, and wave Z of (W) ended at 2.135. Wave (X) bounce is currently in progress as a double […]
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GBPAUD Short Term Elliott Wave Update 9.22.2015
Read MoreShort term Elliottwave view suggests the decline from wave ((X)) at 2.21 unfolded in a triple three structure WXYZ where wave W ended at 2.167, wave X ended at 2.193, wave Y ended at 2.151, second wave X ended at 2.17, and wave Z of (W) ended at 2.135. Wave (X) bounce is currently in progress as a double […]
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Pre-FOMC Market Analysis using GBPUSD swing sequence
Read MoreWe, at Elliottwave-Forecast.Com believe that market is purely technical and moves based on cycles and Elliott wave sequence of swings rather than fundamentals. We never care about the news and never let it affect our analysis, we always advise our clients to not be afraid ahead of the news events as the market makers would […]
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$SPY S&P 500 Tracking ETF
Read MoreWe have seen a sharp sell off in the instrument & S & P 500 Index since the 19th of May, 2015 however think it is a corrective double three decline from the 213.81 high down to the 182.40 lows of August 24th . We think this is most likely a wxy structure and part of a larger […]