Elliott 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 […]

Oil 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 […]

Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of INDU ( $YM_F) , published in members area of the website. As our members know , recently we were calling for more weakness in INDU within the cycle from the February 12th peak.  Eventually INDU […]

In recent days, the dutch stock Heineken has attracted a reasonable public attention as it also owns the Mort subite brand. In popular culture, the beer Mort subite goes with the Corona beer. “For 2x Coronas one can obtain 1x Mort Subite (sudden death, cardiac arrest) for free”. From the February 2020, the Heineken stock […]