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Elliott Wave View: AUDUSD Corrective Zigzag Rally in Progress
Read MoreAUDUSD ended cycle from October 29, 2021 peak and now correcting that cycle before turning lower. This article & video look at the Elliott Wave path.
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Renminbi Should Continue To Appreciate Against USD In Long Term
Read MoreIn the last years, the renminbi made a pause in his attempt to get stronger against USD dollar. On February 2014, renminbi found support at 6.0153 and from there it made a perfect zig – zag correction structure to the equal legs 7.1964 in June 2020. After that, the USDCNH continue with the downtrend. Renminbi […]
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Elliott Wave View: EQH Should Expect Short Term Correction
Read MoreEquitable Holdings Inc (EQH) operates as a diversified financial service through four segments, Individual retirement, Group retirement, Investment management & research & Protection solutions. It based in New York & trades under $EQH ticket at NYSE. It comes under financial services sector as Insurance-diversified industry. EQH – Elliott Wave Daily View: Since March-2020 low at […]
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AUDUSD Shows Bearish Sequence
Read MoreCommodity currencies have been in the decline this year against US Dollar as a result of market’s expectation of the Fed’s rate hiking cycle. A falling Australian Dollar will make imported products more expensive, resulting in price increase and adding to existing inflationary pressure. The higher the inflation rate, the faster the Reserve Bank of […]