Gold extended lower from August 18 high. While below September 1 high, expect bounce in 3,7,11 swings to fail for more downside.

Archer-Daniels-Midland company, commonly known as ADM, is a multinational food processing and commodities trading corporation. Founded 1902, headquartered in Chicago and traded under the ticker $ADM at NYSE, it is a component of the S&P500 index. First of all, ADM is engaged in corn and oilseeds processing. In general, the products are oils and meals […]

GBPJPY shows bullish sequence from March 18 low. Near term, while above 8/28 low, expect dips in 3,7,11 swings to find support for more upside.

In this blog, we are going to take a look at the Elliott Wave chart of GBPJPY. The pair is showing a bullish sequence from March 18 low. Therefore, the dips in 3,7, or 11 swings are expected to continue to be supported for more upside. The 1 hour chart update from August 21 shows […]