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The Market correlation and the game of Chess
Read MoreChess is a game which is played by many around the world, it is a game of strategy when the player tries to outsmart the opponent. Playing chess is not an easy game to play and the higher the level of completion, the better the strategy the player needs to use. A chess player can foresee […]
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$NZDCAD Elliottwave Analysis 5.13.2016
Read MoreThis is a an Elliottwave Analysis video on $NZDCAD. Short term, the pair still has scope to extend lower to 0.8387 – 0.86517 area to end the cycle from 12/29/2015 peak, then pair should bounce in wave (X) to correct the decline from 0.958 before pair turns lower again. If you enjoy this video, feel free to browse […]
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Dow Jones $INDU Short-term Elliott Wave Analysis 5.13.2016
Read MoreShort term Elliottwave structure suggests wave “b” is proposed over at 18173.54. Decline from there is unfolding as a double three structure where wave (W) ended at 17580.38 and wave (X) bounce ended at 17934.61. Near term, while wave ((x)) bounce stays below 17934.61, and more importantly as far as pivot at 18173.54 stays intact, expect the Index […]
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$USDPLN Short and Medium Term Outlook
Read MoreIn this article, we are going to analyze the fundamental and technical background of $USD/PLN (U.S. Dollar against Polish Zloty) to determine the short term and medium term path of the pair. From the U.S side, U.S. economy has slowed down in 2016. Most of the recent economic data coming out from U.S. has missed out […]