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 […]
-
COPPER ( $HG_F ) Forecasting The Decline From The Blue Box Area
Read MoreHello fellow traders. In this technical blog we’re going to take a quick look at the charts of COPPER ( $HG_F ) published in members area of the website. As our members know, COPPER has given us recovery against the January 16th peak that unfolded as Elliott Wave Double Three Pattern. We advised clients to […]
-
GBPJPY Found Sellers At The Blue Box Area
Read MoreIn this blog, we are going to take a look at the Elliottwave chart of GBPJPY. The 4 hour chart update below from 15 April shows that the cycle from December 12, 2019 high unfolded as 5 waves impulsive structure. Wave 1 ended at 141.14 low. The bounce in wave 2 as a flat correction […]
-
Gold against Euro Dollar (XAUEUR) Running to All-Time High
Read MoreIMF (International Monetary Fund) projects the European nations will experience a 7.5% GDP contraction this year. EU nations have been some of the hardest hit by Covid-19. Even before the pandemic, the European economy is already sluggish. The NIRP (Negative Interest Rate Policy) and ZIRP (Zero Interest Rate Policy) have not produced better results. These […]
-
Elliott Wave View: GDX Extends Higher to 7 Year High
Read MoreGDX has made a 7 year high and still shows incomplete sequence to the upside. This article and video looks at the Elliott Wave path.