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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$EURAUD (7.5.2013)
Read MoreWave (( b )) is thought to be complete. Expect a recovery toward 1.4204 – 1.4250 before the pair turns lower again toward 1.3800 to complete wave (( 4 )).
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$EURAUD (7.3.2013)
Read MoreWave (( b )) is thought to be complete, expect lower prices toward 1.3800 – 1.3850 to complete wave (( 4 )) before pair turns higher again. Short-term expect price to stay below 1.4261 for the (( c )) wave impulse idea to remain valid.
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$GC_F (Gold) 7.3.2013
Read MoreDecline from 1268 peak has so far been corrective but only appears to be in 1 swing. Recent recovery was also corrective, so we still like a test of 1214 to complete wave (( b )) the next leg higher.
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$NI225-NKI: Nikkei (7.2.2013)
Read MoreIndex continues higher as expected and is getting close to 50 fib. However, further strength to test 14600 area can’t be ruled out to complete wave ( B ) before Index turns lower again. We don’t like buying into the proposed swing higher at this stage