Summary The months-long trade negotiation between the U.S and China has failed to reach an agreement. Sticking points of the negotiation centers around intellectual property and technology transfer. The two sides can not come into agreement yet....
In this blog, I want to share with you some Elliott Wave charts of GBPAUD which we presented to our members. In the chart below You see the 4-hour updated chart presented to our clients on the 04/17/19. The higher...
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of NASDAQ. As our members know NASDAQ has been trading higher within December 2018 cycle. It has been...
Last month, we looked at the bearish incomplete sequence in $KC_F (Coffee) since 11.8.2016 peak but today we would be looking at the Elliott wave structure of the decline from 11.8.2016 peak in the daily time frame...
EURUSD Technical Analysis May 7/2019 EURUSD : Bearish market patterns can be seen on the EURUSD 15 minute chart. In the chart below blue bearish pattern triggers SELLS at the BC 0.50% Fib. retracement level. The orange...
Short Term Elliott Wave view on GBPJPY suggests that further downside is expected. On the chart below, wave ((iii)) ended at 143.74 and wave ((iv)) bounce ended at 146.51. Pair has since broken to new low below...
Summary The odds of trade war escalation rises after Trump sent a pair of tweets threatening to increase tariffs to Chinese goods. If there is no deal by this Friday, the tariffs to Chinese goods will rise...
AUDJPY shows an incomplete Elliott Wave sequence from April 17, 2019 high, favoring more downside. The 100% target can reach as low as 75.7 – 76.3. In the chart below, the bounce to 78.94 ended wave 2....
Summary The Federal Reserve shows no bias to hike nor cut interest rate. Fed Chairman Jerome Powell believes subdued inflation is “transitory”. U.S. stocks fell and the Dollar strengthens as odds of a rate cut drops. Technical...
Hello fellow traders. In this technical blog we’re going to take a quick look at the charts of GOLD published in members area of the website. GOLD has had incomplete sequences in the cycle from the February...
