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: Bullish Sequence in DAX
Read MoreDAX shows Elliott Wave bullish sequence from August 15, 2019 low (11266.48) favoring more upside. The rally from 11266.48 to 12497.28 ended wave (1) as a 5 waves impulse Elliott Wave structure. On the chart below, we can see wave 3 of (1) ended at 12471.83, wave 4 of (1) ended at 12141.82, and wave 5 of […]
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Poundsterling Soars as UK and Irish Leaders Find Pathway to Brexit Deal
Read MoreThe last ditch Brexit talks between British and Irish leaders last week yield unlikely breakthrough. Both leaders issued an upbeat statement after the meeting, saying they see a pathway to a possible deal. The issue of Irish border and the proposed backstop has become the bottleneck in Brexit negotiations. Irish leader Leo Varadkar reportedly said […]
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USDNOK Found Intraday Buyers At The Blue Box Area
Read MoreIn this technical blog we’re going to take a quick look at the Elliott Wave charts of USDNOK published in the membership area of the elliottwave-forecast.com . USDNOK broke September 3rd peak , which made the pair bullish against the 8.870 low. Besides that USDNOK made 5 waves up in the short term cycle from […]
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Chinese Vipshop Stock Looking for More Recovery
Read MoreIn today’s blog, we will have a look at the Vipshop stock. The stock is traded as VIPS at the NYSE. Vipshop is a Chinese e-commerce company (www.VIP.vcom) which offers online discount sales which have it’s headquarter in Guangdong, China. It was founded in 2008 which means it is a pretty young online company. Vipshop is one of […]