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: USDJPY Support Around The Corner?
Read MoreUSDJPY short-term Elliott wave view suggests that the rally to 110.91 high ended Minor wave 1 & also the cycle from 5/29 low. The internals of that rally higher unfolded as Elliott wave leading diagonal where Minute wave ((i)) ended at 110.27 high in 5 waves, Minute wave ((ii)) pullback ended at 109.17, and Minute wave […]
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Soybean Hit 9 Year Low Due to Trade War
Read MoreEarly this week the price of Soybean futures (ZS_F) plunged to a new low in more than 9 years due to the tit-for-tat trade war between U.S. and China. Soybean Futures started to drop on Friday last week after Trump administration decided to go ahead with 25% tariff on $50 billion worth of goods from […]
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Elliott Wave Analysis: GBPUSD Showing Incomplete Sequence
Read MoreGBPUSD short-term Elliott Wave view suggests that the recovery to 1.3473 on 6/07/2018 peak ended primary wave ((B)) bounce as double three structure. Below from there, the pair has managed to break below the previous low on 5/29 (1.3203) to confirm the next extension lower in primary wave ((C)) has started. With this break lower, […]
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(PA_F) Palladium Buying Opportunity Ahead?
Read MorePalladium ended a cycle from January 2016 low (452.63) and the pull back should be a Palladium Buying Opportunity. Rally from January 2016 low can be counted as an Elliott Wave Impulse when rally to 776 completed wave ((1)), dip to 652.15 low completed wave ((2)), rally to 1023.95)completed wave ((3)), dip to 973.60 low […]