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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AUDNZD Forecasting The Path Lower
Read MoreIn this blog, we are going to take a look at the Elliottwave chart of AUDNZD. The chart below from March 3 update shows that the cycle from November 8, 2019 high unfolded as 5 waves impulsive structure. The move down in wave (A) ended at 1.0304 low. Based on Elliottwave theory, a 3 waves […]
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VOX Elliott Wave View: Selling The Blue Box Areas
Read MoreIn this blog, we take a look at the past performance of 1 hour Elliott Wave charts of VOX In which our members took advantage of the blue box areas.
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Elliott Wave View: GBPJPY Ending 5 Waves Impulse
Read MoreElliott Wave view in GBPJPY suggests that the decline from December 13, 2019 high is unfolding as a 5 waves impulse Elliott Wave structure. Down from December 13, 2019 high, wave 1 ended at 141.14, and wave 2 bounce ended at 144.96. Pair extended lower in wave 3 at 132.51 & wave 4 bounce ended […]
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CAD And NOK Biggest Losers As Oil Price Crashed
Read MoreOil price crashed more than 30% and reached a low of $27 earlier this week. OPEC’s failure to agree on further production cuts and Saudi Arabia/Russia price war has driven crude oil to the low last seen in January 2016. Commodity currencies such as Canadian Dollar (CAD) and Norwegian Krone (NOK), which are oil-sensitive, were […]