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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AUDJPY Forecasting The Decline Based in Elliott Wave Structure
Read MoreAUDJPY recently made a new low below September 24 low which created an incomplete bearish sequence. Implications are for the decline to extend as far as the bearish sequence remains intact. In this article, we will look at some of the charts which called for this recent decline in AUDJPY. Our Chart of the day […]
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GBPCAD Elliott Wave Forecasting The Path
Read MoreHello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of GBPCAD Forex Pair published in members area of the Elliottwave-Forecast . As our members know, we were forecasting GBPCAD to trade higher within the cycle from the September 11th low. In further text we’re going to […]
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$SMI: Swiss Market Index SMI Provides an Opportunity in a Pullback
Read MoreSMI is a Swiss Market Index representing a capitalization-weighted measure of the 20 most significant stocks on the SIX Swiss Exchange in Zurich; the ticker is $SMI. The “COVID-19” drop in indices in February-March 2020 has marked most probably a significant low in world indices. It seems like $SMI has also found its bottom on march […]
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IBM: Below 06.08.2020 Peak Is Holding The Indices
Read MoreIBM has been trading within a corrective sequence lower since the peak on 03.11.2013. The decline is a clear 3-7-11 sequence, which comes with a lot of overlapping and choppy price action. We do believe a double correction (WXY) is taking place. This is a combination of either two Zig Zags or two WXY which […]