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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Geopolitical Tension Could Be Catalyst for Gold’s Rally
Read MoreRising Geopolitical Tension between U.S. and Russia The geopolitical tension between the United States and Russia escalated rapidly in the past two weeks. Two weeks ago, the U.S. Treasury Department announced fresh sanctions against Russian oligarchs and companies due to “Russia’s malign activity around the globe”. This new sanctions have caused economic pain to Moscow […]
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Elliott Wave Analysis: GBPUSD Strength Expected
Read MoreGBPUSD Short Term Elliott Wave view suggests that the rally from 3.1.2018 low (1.371) is unfolding as a 5 waves impulse Elliott Wave Structure. Up from 3.1.2018 low, Minor wave 1 ended at 1.4245 and Minor wave 2 ended at 1.3964. Pair has since broken above Minor wave 1 at 1.4245, suggesting that the sequence from […]
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Stocks Short Term Elliott Wave Bounce is Purely Technical
Read MoreStocks and ETFs follow the same code in the market same as the rest of financial instruments like Forex. Every 5 waves impulsive structure is followed by a technical corrective sequences which come in 3-7-11. At the end of the corrective sequence, usually the instrument will resume the move within the main trend or at least correct […]
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Elliott Wave Analysis: USDCAD Moving in Impulsive Structure
Read MoreUSDCAD Elliott Wave view suggests that the decline from 3/19 high (1.313) is unfolding as a 5 waves impulse Elliott Wave structure. Minor wave 1 ended at 1.2819, Minor wave 2 ended at 1.2943, and Minor wave 3 is in progress. Internal of Minor wave 3 also unfolded as an Elliott Wave impulse structure in […]