On Friday, Bank of Canada (BOC) made another rate cut for the third time this month. The central bank lowered the interest rate by 50 basis points to 0.25%. This unscheduled rate cut is intended to provide...
Hello fellow traders. Another instrument that we have been trading lately is NIKE stock. In this technical blog we’re going to take a quick look at the Elliott Wave charts of NIKE, published in members area of...
The weekly technical structure of the Carrefour stock price is a good example of a market correction struggling with the lack of space. Hereby, we observe a situation where the price extends lower in a Elliott Wave...
Bank of England (BOE) decided to leave interest rate unchanged at a record low of 0.1% last week. This allows EURGBP to correct from seven month highs. After reaching the high at 0.95, EURGBP pulled back to...
Short Term Elliott Wave view in Apple (AAPL) suggests that cycle from February 13, 2020 high has ended at 212.6 low as wave w. Internal of wave a unfolded as a double three Elliott Wave structure Down from...
Everbridge (NASDAQ: EVBG) is a company that sells communications services for notifications of emergencies. It helps businesses and governments respond to crises and threats like network outages, terrorism, active shooters, and severe weather. During the current pandemic, Everbridge’s service demand...
In this technical blog, we are going to take a look at the past chart’s performance of Nikkei an index from Japan. But before looking into the Charts, we need to understand the market nature first. The market always...
Short Term Elliott Wave view in S&P 500 (SPX) suggests that cycle from February 20, 2020 high has ended at 2199.5 low as wave a. Internal of wave a unfolded as a 5 waves impulse Elliott Wave...
The Energy Industry has had a some rough waters for the past few years with Chevron also participating in the rout. However, the current technicals on the chart suggest a major low is possible in 2020. Recently,...
In this article, we will look at the American Airlines (AAL) to make sense of the recent huge volatility in the stock market. The world faces a tremendous crisis due to the pandemic created by the Corona...
