FXC Canadian Dollar Trust Long Term Cycles & Elliott Wave Firstly the FXC instrument inception date was 6/26/2006. The instrument tracks changes of the value of the Canadian dollar relative to the U.S. dollar. It increases in value when the ‘loonie’ strengthens and declines when the dollar appreciates. In January 2002 the USDCAD forex pair made […]

Hello fellow traders. In today’s blog, we will have a look at the CME stock. The stock is listed in the Eurostoxx SPX 500. The CME Group is an abbreviation and stands for the Chicago Mercantile Exchange, which is a global market company. While holding the largets derivatives and options exchanges in Chicago. the CME group […]

Nike decline from Oct 23 high looks impulsive and the stock can see more downside. This article & video looks at the Elliott Wave path.

Goldman Sachs (NYSE : GS) is one of the top 5 banks in USA and it’s stock is currently up $25% year-to-date. Last year, GS was on the edge of breaking its bullish trend which was established since 2009 but the  bulls took over on the right time to re-establish the main path. The stock created a bullish […]

Nikkei incomplete sequence from December 26, 2018 low and August 26, 2019 low, favoring further upside. A 100% Fibonacci extension from August 26, 2019 low comes at 23360 while 100% extension from December 26, 2018 low comes at 23380. Until the Index reaches this area, short term dips likely remain supported in 3, 7, or […]

DAX sequence from Dec 27, 2018 low remains bullish and the Index can see further upside. This article and video looks at the Elliott Wave path.