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EURJPY Incomplete Bearish Sequences Calling The Decline
Read MoreIn this technical blog we’re going to take a quick look at the Elliott Wave charts of EURJPY, published in members area of the website. As our members know, recently we were calling the decline in EUJPY due to incomplete bearish sequences the pair has in the cycle from the 01/16 peak. We expected the […]
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Oil Craters 30%, How Low Can It Go?
Read MoreOPEC’s failure to strike a deal to cut production output with Russia caused Saudi Arabia to slash oil’s prices in an all-out price war. US West Texas Intermediate Crude plunged more than 30% to $27.9 per barrel while Brent crude futures cratered 29% to $32 per barrel. On Saturday, Saudi Arabia announced a huge price […]
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10-Year Treasury (ZN) Drops Below 0.5% As Fear Grips Market
Read MoreOver the weekend, a series of events has rocked the market. Investors continue to brace for economic fallout as coronavirus continues to spread around the world. Outside Mainland China, Italy now has the highest infection rate and death toll. It has imposed draconian measure similar to China by locking down Lombardy region and 14 other […]
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Kirkland Lake Gold Ltd. (NYSE: KL) New All-Time-High in Sight
Read MoreKirkland Lake Gold Ltd. (NYSE: KL) is gold mining growing company with highly productive yet low-cost mining operations in Canada and Australia. Last month, the company reported its revenue in Q4 2019 totaled $412 million, 47% higher than Q4 2018 and an 8% increase from the previous quarter. On a year-over-year basis, both higher gold sales and an increase in gold price contributed to about […]