Great Year for Precious Metals Year 2019 certainly has been a good year for the Gold bulls. The metal accelerated its rally after President Trump announced 10% tariffs on the remaining $300 billion of Chinese imports. China...
US Dollar has been rallying strongly against Swedish Krona and Singapore Dollar for the past couple of months and have broken above significant peaks so in this blog, we would take a look at the cycles and...
The world’s largest medical cannabis producer by market cap, Canopy Growth (NYSE : CGC) reported earning two weeks ago. While revenue surged by nearly 250% year over year to 90.5 million Canadian dollars, it was down 59% from the previous...
Hello fellow traders. In today’s blog, we will have a look at the BMW stock. In my previous blog, we discussed the possibility in the Daimler stock and why the biggest rival is under pressure and should remain...
Elliott Wave structure in Netflix shows an incomplete bearish sequence suggesting the stock should continue to see selling pressure. On the chart below, the rally to 316.59 ended wave 2. The stock has extended lower in wave...
FXA Bearish Cycle From The July 2011 Highs Firstly the FXA ETF fund is the Australian dollar tracking fund that has an Inception Date of 06/21/2006. With that said the fund mainly reflects the currency spot price of the...
Hello fellow traders. In today’s blog, we will have a look at the Daimler AG stock. The stock is listed in the DAX 30 and in the EURO Stoxx 50. Daimler AG is a German multinational automotive company...
Last week, there was anticipation of market volatility as the Fed’s Chairman Jerome Powell was scheduled to speak at Jackson Hole. President Trump and China however stole the show. China introduced fresh retaliatory tariffs on $75 billion...
Hello Traders. as we always do at Elliott Wave Forecast we believe in the one Market only concept. Back in 2017, we did a blog in which we mentioned that Silver was the smartest way to sell...
GLD Longer Term Cycles and Elliott Wave Analysis Firstly the GLD ETF fund is one of the largest as well as one of the oldest Gold tracking funds out there since it’s inception date of November 18,...
