Gold (XAUUSD) is correcting cycle from 2.28.2023 low in a double three Elliottwave structure. This article and video look at the support area for Gold.

USDCHF has seen a strong decline since October 2022 peak with shallow bounces in-between. In today’s blog, we will take a look at the Elliott wave structure of the decline from October 21, 2022 peak, market sequence and next extreme areas which should be potential entry areas for both sellers and buyers. We will also […]

What are CFDs? CFD stands for Contract for Difference. It is a contract between an investor and an investment bank or spread betting firm, usually in the short term. CFDs are financial derivative products that allow traders to speculate on short-term price movements. When the contract ends, both parties exchange the difference between the opening […]

What is a Non- Cyclical Stock? Non-cyclical stocks are those whose underlying businesses are not disrupted by economic cycles. These companies offer products and services that meet consumers’ basic needs like food, power, water, and gas. Such non-cyclical stocks are also regarded as defensive stocks because they can help defend portfolios against an economic downturn […]