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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CORN ( $ZC_F ) Forecasting The Rally After Double Three Pattern
Read MoreHello fellow traders. In this technical blog we’re going to take a quick look at the charts of CORN ($ZC_F) published in members area of the website. As our members know we have been calling for extension higher in CORN within the April cycle. Rally from the 342’4 low has made extended leg up, so […]
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Facebook Cryptocurrency Project Can Propel The Stock to New All-Time High
Read MoreVarious sources believe that Facebook will unveil a new cryptocurrency payment plan sometimes this month. The company will allow employees working on the project to take their salary in the form of the new currency. One year ago, Facebook has appointed former Paypal executive David Marcus to explore the blockchain technology. Since then, Facebook has […]
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Elliott Wave View: Further Weakness in GBPUSD Expected
Read MoreShort Term Elliott wave view in GBPUSD suggests the decline from June 7 high is unfolding as an impulse Elliott Wave structure. Down from 1.276, wave (i) ended at 1.265 with internal as an impulse in lesser degree. Wave (ii) bounce ended at 1.276 as a zigzag Elliott Wave structure. Pair has now reached 200% […]
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Australian Dollar Extends Weaknesses
Read MoreAustralian Dollar dropped further last week as unemployment figure came out higher than expected at 5.2%. The consensus has been for a dip to 5.1%. Australian unemployment rate has now risen 0.3% since February. The official number has raised speculation that further interest rate cut will come. RBA (Reserve Bank of Australia) has been fighting […]