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...
In today’s blog, we will have a look at the latest moves in The Cheesecake Factory Incorporated stock. Cheesecake Factory is an American Restaurant chain and distributor of cheesecakes which has its headquarter in Los Angeles, California. The...
VanEck Vectors Semiconductor ETF (SMH) tracks a market-cap-weighted index of US-listed semiconductors companies. Such companies include big technology names like Intel (INTC: NASDAQ) and Nvidia (NVDA: NASDAQ). The ETF is currently up +30% year-to-date making new all time highs...
S&P Metals & Mining ETF, XME In the immediate term price action for XME we’re seeing an interesting setup that is projecting more lows to come. At EWF we use a proprietary pivot and cycle analytical method...
Gold higher time frame cycles suggest that cycle from 8/16/2018 low ended 5 waves advance on February 20, 2019, at $1346.75 high. Since then, Gold is going lower in an impulse manner as the decline is unfolding...
GBPAUD Technical Analysis April 2019 Every trader should always view the market in the “bigger picture” first. Viewing the market starting from the higher time frame down to the lower time frames will offer a trader a...
Short Term Elliott Wave view in CADJPY calls the bounce to 84.37 on April 17, 2019 as wave 2. The pair is currently in wave 3 lower and the internal subdivides as an impulse Elliott Wave structure....
