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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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 […]
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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 […]
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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.
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Moderna Inc ($MRNA) Bulls In Control
Read MoreThe next entry in the theme of Corona Virus stocks is Moderna Inc. Moderna has had a more steady advance during the COVID-19 spreading worldwide. As such, it is a bit more stable than other names I have covered. That’s not to say that it hasn’t had astounding returns, which it has, but it is […]