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 […]
-
Gold versus Australian Dollar and British Pound
Read MoreIn this blog, we will take a look at Gold charts against US Dollar, AUD and GBP. Back in June 2017, we mentioned that XAUAUD should hold the low at December 2016 and turn higher. It did hold December 2016 lows and turned higher as expected. It has now reached the initial target at 1755 […]
-
OIL ( CL_F ) Forecasting the Rally After Double Three Pattern
Read MoreIn this technical blog we’re going to take a quick look at the Elliott Wave charts of OIL published in members area of the website. As our members know, we have been favouring the long side, suggesting everyone to avoid selling. Finally on April 11th , we got break of March 26th peak and commodity […]
-
EURUSD: Is History Repeating Itself?
Read MoreIn this Blog, we will have a look at the bigger picture of EURUSD pair. One of the reasons why retail traders fail in trading is because they stick to one time frame, analyse that and trade that accordingly. However, traders with this approach will not last long in this business. One of the key elements […]
-
Relative Weakness in Consumer Staple Sector
Read MoreConsumer Staple Sector (XLP) is Underperforming Consumer Staples Select Sector SPDR ETF (XLP) is a basket of 34 companies in the consumer staple sector from the S&P 500. The fund’s holdings are nearly all large-caps. This sector usually shows comparative strength during period of market turmoil. They have also been a popular choice for income […]