Over the next few weeks Japanese Yen strength should drive prices of AUDJPY lower within a downward sloping channel. The current incomplete Elliott Wave structure also supports this expectation of further downside. In this article we’ll explore...
NZDUSD Technical Analysis January 29/2019 NZDUSD remains bullish as long as the January 22/2019 low remains untouched. If you read the article, NZDUSD : Possible Bullish Patterns, published on December 19/2018 you will already know that we...
Elliott Wave view in Gold suggests the pullback to $1276.64 ended wave 4. Internal of wave 4 unfolded as a zigzag Elliott Wave structure. Wave ((a)) of 4 ended at $1276, wave ((b)) of 4 ended at...
The market owners ’cash investments in derivatives on the British pound of the CME Group Exchange amounted to $ 39 billion 66 million. The capitalization of investments decreased by 18%. The total net overweight of GBPUSD sellers...
Elliott Wave view in Tesla (Ticker: TSLA) suggests the rally to $352.09 ended wave ((2)). This suggests the stock is in an impulsive Elliott Wave structure to the downside. Wave ((3)) is in progress and the subdivision...
We believe Alibaba will see more downside based on a sequence which started on 6.5.2018 high. It is showing an extra swing at 12.24.2018. This low can be counted as swing number 9 in Blue or beginning...
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of IBEX, published in members area of the website. As our members know, IBEX has made recently incomplete...
The total capitalization of investments in derivatives in swiss franc amounted to $ 17 billion 966 million. The decrease in capitalization was 13%. The superiority of bull positions in monetary terms amounted to $ 9 billion 356...
Starbucks (NASDAQ: SBUX) is American coffeehouse chain and it’s also the 3rd largest fast food restaurant chain by number of locations around the world. The coffee giant boosted sales by the end of the 2018 and its revenue and...
Last Friday Gold managed to break above $1300. The yellow metal has therefore broken above 8 year bearish channel in a weekly closing basis. The break also allows the metal to close back above the ascending trend support...
