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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$FXE Elliott Wave and Longer Term Cycles
Read More$FXE Elliott Wave and Longer Term Cycles Firstly as seen on the weekly chart shown below the instrument made a high in April 2008. There is data back to December 2005 in the ETF fund. Data correlated in the EURUSD foreign exchange pair suggests the high in April 2008 was the end of a cycle up […]
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GBPJPY Forecasting The Decline After Elliott Wave Flat
Read MoreIn this technical blog we’re going to take a look at the Elliott Wave charts charts of GBPJPY published in members area of the website. Recently the pair corrected the cycle from the 139.7 peak , when recovery unfolded as Irregular Elliott Wave Flat structure. These kinds of movements are Traps for traders as the […]
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Natural Gas (NG_F) Continue To Resume Lower
Read MoreIn this blog, we are going to take a look at the Elliott Wave chart of Natural Gas (NG_F). In the previous article from May 13, 2020, we showed how Natural Gas reached the blue box area and turned lower from there. The 4 hour chart update below from May 14 shows that the commodity has […]
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Bullish Breakout in GDXJ (Gold Miners Juniors) Imminent
Read MoreGold market continues to extend higher with uncertainties in pandemic and ultra-loose monetary policy by central banks. It has printed a 7 year high of $1779 and shows no sign of stopping. It has broken to new-all time high against many other major currencies, such as Euro, Pound Sterling, and Yen. Gold stocks should benefit […]