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 Selling the Elliott Wave bounces
Read MoreIn this Technical blog, we are going to take a quick look at the past Elliott wave chart performance of AUDNZD. Which we presented to our clients. We are going to explain the structure and the forecast. As our members know, we were pointing out that AUDNZD is having lower low bearish sequence from October 24.2017 peak. We advised […]
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Elliott Wave Analysis: CADJPY within wave 5
Read MoreShort Term CADJPY Elliott Wave view suggests that the decline from 1/5/2018 high (91.58) is unfolding as an impulse Elliott Wave Structure where Minor wave 1 ended at 88.48, Minor wave 2 ended at 89.63, Minor wave 3 ended at 83.824, and Minor wave 4 ended at 84.82. Minor wave 5 is currently in progress […]
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United States Steel Corporation $X Daily Elliott Wave View
Read MoreUnited States Steel Corporation (NYSE: X) is the second largest steel domestic producer behind Nucor Corporation (NYSE: NUE) and also the world’s 24th largest steel producer. Last year, Steel price surged higher reaching new all time high of 4772 in December gaining +60% before a correction took place. The price is expected keep rising in the coming years […]
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Elliott Wave Analysis: Gold in Double Correction
Read MoreRevised Short Term Elliott Wave view in Gold suggests that the yellow metal is still correcting cycle from 12/13/2017 low ($1236.3) as a double three Elliott Wave structure. Up from 12/13/2017 low, Intermediate wave (W) ended at $1366.06 and Intermediate wave (X) pullback remains in progress as a double three. Down from $1366.06, Wave W of […]