On USD index daily chart we can see a big sideways pattern since start of 2015; slow and overlapping price action with a personality of a contra-trend movement that ... Read More
Elliott Wave Analysis: GBPUSD Undergoing A Complex Correction GBPUSD is turning down from 1.3447 through trendline support connected from 1.2866 low which suggests that pair will remain trapped in ... Read More
We are accustomed to looking at Europe’s woes in a purely financial context. This is a mistake, because it misses the real reasons why the EU will fail and ... Read More
Elliott Wave Analysis On Crude OIL And USDJPY Crude OIL Crude oil fell nicely yesterday, into a new impulsive pattern from 46.50 swing high, that we see it as ... Read More
Feudal and mercantilist economic systems were characterised by the lower orders of ordinary people being enslaved by, or subjected to, the commands of an elite. Beyond basic subsistence, serfs ... Read More
Elliott Wave Analysis: USDCAD In A Temporary Bullish Rally USDCAD has made a five wave of a decline from 1.4683 high which is a very strong evidence for a ... Read More
Good morning traders! Stocks and energy markets are down early this morning which puts some pressures on commodity currencies that are weakening at the moment against USD. It ... Read More
The “whatever it takes” economy is progressing nicely around the world, with governments and central banks doing things that no 20th century economist would have viewed as possible, ... Read More
NZDUSD NZDUSD is undegoing an impulsive fall from recent highs at the 0.7485 mark, where wave 5) found its top. As such we are now looking lower within a ... Read More
NZDUSD USD is mixed today, down against EUR, sideways against GBP but higher against AUD and NZD. We have seen some sharp turns on commodity pairs in the last ... Read More
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