Brazil, top exporter of Sugar, experiences record prices of ethanol as Covid-19 restrictions ease. Consumers take advantage of the easing and start travelling again, increasing consumption of biofuel. This means that mills can start processing more sugar cane into ethanol, rather than into sweetener as it’s also generally more profitable. Severe droughts hitting Brazil has […]

Facebook is correcting cycle from January 14 low and can see further downside in near term. This article and video look at the Elliott Wave path.

USDNOK is correcting cycle from May 6 high as a zigzag before the decline resumes. This article and video look at the Elliott Wave path.

Back in December 2020, we presented within the main article both the monthly and the daily view  in the USDRUB. Long-term, the pair should provide a resolution thrust higher out of multi-year triangle pattern. Medium-term, however, we saw Russian Rouble gaining strength as related to the US Dollar. Even though russian currency needed to tank, the idea […]