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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Elliott Wave View: Ten Year Notes Remain Supported
Read MoreElliott Wave view in Ten Year Notes (ZN_F) suggests that it has a bullish sequence from October 2018 low, favoring more upside. Near term, rally to 140.24 ended wave I and pullback to 133.2 ended wave II. Internal of wave II unfolded as a double three Elliott Wave structure. Down from 140.24, wave ((W)) ended […]
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USDNOK Buyers Continue To Respect Blue Boxes
Read MoreIn this blog, we are going to take a look at the Elliottwave chart of USDNOK. The chart from March 13 London update shows that the cycle from March 9, 2020 low unfolded as 5 waves impulsive structure. The rally in wave ((iii)) ended at 10.2785 high. Based on Elliottwave theory, a 3 waves pullback […]
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$USDX Buying The Dips At The Blue Box Area
Read MoreHello fellow traders. USDX is another instrument that we have been trading lately . In this technical blog we’re going to take a quick look at the Elliott Wave charts of USDX, published in members area of the website. As our members know, USDX is showing bullish impulsive sequences in the cycle from the February […]
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US Dollar Continues to Firm As Supply Tightens
Read MoreU.S Dollar demand is so high as a result of the corona virus pandemic that now there’s a squeeze in the credit market. The dollar soared this week as investors liquidated positions across a broad range of assets, including stocks, gold, and bonds, to meet margin calls and raise cash. . Big corporations around the […]