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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$EURJPY Short Term Elliott Wave Analysis 01.20.2016
Read MoreShort term Elliott Wave cycle suggests cycle from 12/4 peak at 134.58 remains alive as a double three where wave (W) ended at 127 and wave (X) bounce is in progress as a triangle. Wave A of (X) in the triangle is proposed complete at 129.08, and as far as bounces stay below this level, the triangle idea remains […]
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$EURJPY Short Term Elliott Wave Analysis 01.19.2016
Read MoreShort term Elliott Wave cycle suggests cycle from 12/4 peak at 134.58 remains alive as a double three where wave (W) ended at 127 and wave (X) bounce is in progress as a triangle. Wave A of (X) in the triangle is proposed complete at 129.08, and as far bounces stay below this level, the triangle idea remains valid […]
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Where is Euro going next?
Read MoreThe combination of commodity selloff, prospect for more U.S. Dollar interest rate hikes, and Emerging Market capital outflow has put pressure in risky assets to start 2016. In this environment, USD performance is mixed: rising against commodity-linked and Emerging Market currencies, but not doing as well against Developed Market surplus currencies. Current dynamics in fact […]
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$USDCAD Short Term Elliott Wave Analysis 01.15.2016
Read MoreShort term Elliott Wave cycle suggests rally from wave (X) low at 1.38 is unfolding in a double three structure where wave W ended at 1.417, wave X ended at 1.406, and pair has resumed higher in wave Y towards 1.44 area or higher. Near term, rally to 1.431 ended wave ((w)), wave ((x)) pullback ended […]