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 […]
-
UK’s demands addressed this month: impact on Poundsterling?
Read MoreWe argued in our article on Dec 30, 2015 titled Will Euro Referendum and Brexit affect GBP that Poundsterling can perform poorly in 2016 due to the domestic and political uncertainty surrounding U.K’s membership in the European Union (Brexit). For brief background about the Brexit issue, you can read the old article from the link above. In the same article, we pick $GBPJPY to extend […]
-
$XAU Gold Short Term Elliott Wave Analysis 01.29.2016
Read MoreShort term Elliottwave structure suggests the rally from wave X at 1071.31 is unfolding in a double three where wave ((w)) ended at 1128 and wave ((x)) pullback is in progress to correct rally from 1071.93. Internal of wave ((x)) is unfolding in double correction where wave (w) ended at 1111.3, wave (x) ended at […]
-
$Nikkei $NKD_F Expanded FLAT Selling Opportunity
Read MoreNikkei 240 minute chart below shows the move up from September 29 2015 ( 16995 low) was a choppy and overlapping structure which showed a lot of contraction as well (see converging trend line connecting price highs and lows). We could also count 11 swings from the low to the high with momentum (RSI) divergence […]
-
$XAU Gold Short Term Elliott Wave Analysis 01.28.2016
Read MoreShort term Elliottwave structure suggests the rally from wave X at 1071.31 is unfolding in a double three where wave ((w)) ends at 1109.6, wave ((x)) ends at 1092.29, and wave ((y)) is currently in progress. Internal of wave ((y)) is also unfolding as a double three where wave (w) ended at 1117.64, and wave (x) […]