Elliott Wave Analysis: Big Consolidation on AUDUSD Completed; More Weakness In View On the Daily chart of AUDUSD we can see a big, sideways price movement, known also as ... Read More
On the Daily chart of USDCHF we are looking at a higher degree complex correction, a three wave A-B-C rise of wave IV, that seems to be in action ... Read More
Most people regard governments and their central banks as forces for the good. Financial crises and suchlike are therefore blamed on capitalism, and people believe our leaders do their ... Read More
It will be the middle class that accepted the notion that “real estate is the foundation of family wealth” that will be stripmined by higher taxes on immobile assets ... Read More
Dow Transportations INDEX Dow Transportations are trading nicely to the upside, with price trading in the middle of a big red third leg, specifically in blue wave (iv) of ... Read More
AUDUSD made a nice reversal the past week from the 0.7525 level following Janet Yellen’s press conference. As we can see on the chart, price completed a three wave ... Read More
Elliott Wave Analysis: USD Index, USDJPY and S&P500 USD remains in bullish phase as expected as USD index turned up from around 102.50 where wave 4 appears completed, so ... Read More
The collapse of the euro is accelerating, and it looks like we could be staring a major European financial crisis right in the face early in 2017. On Thursday, ... Read More
Even before he takes office, President-elect Trump is turning the world upside down. It has become clear his attitude towards Russia and China is very different from that of ... Read More
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