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 Analysis: EURUSD May See Profit Taking Soon
Read MoreEURUSD short-term Elliott wave view suggests that the decline to 1.1509 on 5/29/2018 low ended Cycle degree wave “w”. Above from there, the bounce is taking place as Elliott wave zigzag structure to end the Primary degree wave ((W)) cycle. Afterwards, the pair is expected to do a pullback in Primary degree wave ((X)) in […]
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Copper Elliott Wave View: Next Extension Higher may have started
Read MoreCopper ticker symbol: HG_F short-term Elliott wave view suggests that the pullback to 3.0101 on 5/30/2018 ended Intermediate wave (2). The internals of Intermediate wave (2) unfolded as Elliott wave double three structure where Minor wave W ended at 3.0195. Minor wave X ended at 3.1485 high and the decline to 3.0101 low ended Minor […]
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EURGBP Elliott Wave Analysis: Selling The Rally
Read MoreToday, we will have a look at some Elliott Wave charts of the EURGBP which we presented to our members in the past. Below, you can find our 1-hour updated chart presented to our members on the 05/31/18 calling for more downside after a Double Elliott wave correction in blue wave (w)-(x). EURGBP ended the cycle from […]
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Australia Economy Beat Expectation
Read MoreAustralia Economy Posts Strong Q1 Growth Australia’s 1st quarter 2018 Gross Domestic Product is growing at 1.01%, beating the expectation of 0.9%. This is the largest increase since late 2011 and brings the year-on-year growth rate to 3.1%, up from 2.4% in the previous quarter. Chart below shows the year-on-year growth of Australia’s GDP: The […]