Oil prices rose 1 percent on Monday after Saudi Arabia reiterated that OPEC will continue to maintain the production curb. Riyadh plans to keep output well below 10 million barrels per day and reduces export to below...
Patience is Paying Off for Traders that are Long XLP After consolidating sideways for over two weeks XLP appears to be rewarding longs for their patience. Since 12/26/2018, XLP has risen from a low of $48.33 to...
In this technical blog, we are going to take a look at the past performance of XLE Elliott Wave 1-Hour Charts that we presented to our members. In which, the cycle from 12/24/2018 low took place as...
Gold has ended the cycle from August 16, 2018 low at $1347.18 as wave (A). The yellow metal is in the process of correcting the cycle from August 16, 2018 low in 3, 7, or 11 swing...
EURJPY has ended the cycle from Jan 3, 2019 low at 127.5. We label this rally from Jan 3 to March 1, 2019 as wave ((X)). This means the pair is in the initial stage of turning...
In this blog, I want to share with you some Elliott Wave charts of EURGBP which we presented to our members recently. You see the 1-hour updated chart presented to our clients on the 03/09/19. The higher degree trend of...
Hello fellow traders. In this technical blog we’re going to take a quick look at the charts of AUDNZD published in members area of the website. As our members know, AUDNZD has incomplete sequences in the cycle...
The Stock is trading within a very technical area and it is showing a very clear 5 waves advance Elliott wave structure from its 2013 lows. When a 5 waves structure can be seen we always should...
In today’s blog we will look at Bank of America’s chart (BAC) which shows a blue box. This blue box represents the inflection area where a reaction in 3 waves at least can happen. Below, you see the 1-hour updated...
In this blog, we take a look at US Dollar Index correlation with USDPLN and we also look at the updated Elliott wave charts of USDPLN which have been working very nicely since we highlighted the bullish...
