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European stocks closed lower; Travel stocks shedding 1.1%

November 18th, 2020 (0)
European stocks closed lower on Tuesday despite a backdrop of more positive coronavirus vaccine news from Moderna. The pan-European Stoxx 600 closed down by around 0.2% provisionally, with travel stocks shedding 1.1% to lead the losses as the majority ...

European stocks close higher on vaccine hopes

November 10th, 2020 (0)
European stocks closed higher Tuesday, extending gains from the previous session on hopes an effective coronavirus vaccine has been found. The pan-European Stoxx 600 nudged higher to close up around 0.1% provisionally. Tech stocks dropped 1.9% while banks surged ...

China is killing the dollar

September 23rd, 2020 (0)
  In the wake of the Fed’s promise of 23 March to print money without limit in order to rescue the covid-stricken US economy, China changed its policy of importing industrial materials to a more aggressive stance. In examining ...

Breakout Of A Triangle On USDMXN

September 15th, 2020 (0)
In this analysis we will talk about a triangle pattern. Those who are familiar with them, will know that these are one of the most popular patterns by hundreds of traders. The reason why they are so interesting is ...

A critique of modern socialism

September 2nd, 2020 (0)
  Socialism has moved on from the Marxist version of the state owning the means of production to one whereby production remains in the hands of individuals but are heavily regulated — echoing Mussolini’s fascist-socialist model. But after nearly ...

Can USDMXN Break Out Of A Triangle?

August 17th, 2020 (0)
USDMXN is trading sideways since the beginning of June and it looks like it is forming a big, bearish Elliott wave triangle in wave IV that can send the price even lower for wave V, but seems like one ...

European stocks tumble; Major bourses slid into negative territory

July 24th, 2020 (0)
The pan-European Stoxx 600 dropped 2% by mid-morning, with tech stocks tumbling 4.3% to lead losses as all sectors and major bourses slid into negative territory. Global investors will be reacting to China’s retaliation to the U.S. decision to ...

European stocks had their best quarter in five years: Here are the biggest movers

July 1st, 2020 (0)
The Euro Stoxx 600 on Tuesday closed out its best quarter since March 2015, having climbed 12.59% since the beginning of April. Even after that rally, the pan-European blue chip index still closed down 13.35% on the year and ...

EW Analysis: COCOA May Remain Sideways

June 17th, 2020 (0)
  COCOA is sideways for 10 years and seems like it will stay for a while. Today we will talk about Cocoa and its price action from Elliott Wave perspective. Well, looking at the longer-term weekly chart, we can ...

The UK financial markets regulator bars Cyprus Investment Firms

June 4th, 2020 (0)
The Financial Conduct Authority (FCA), the conduct regulator for financial services firms and financial markets in the UK, has issued a press release to inform that has taken action to stop four Cypriot investment firms from continuing to offer ...
Broker Cyprus TopFX