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Elliott Wave Analysis: S&P500 Nicely Trading Higher Within An Ending Diagonal
November 4th, 2016
Stocks closed much lower four weeks back, so it appears that a new bearish reversal of a higher degree is here; but that doesn’t mean that we have a top in place. As always, it’s important to look back ...
Elliott Wave Analysis On S&P500 And German DAX
November 3rd, 2016
Stocks remain in bearish mode, but we see both S&P an DAX trading in their final leg of a corrective price move. On the E-mini S&p500 we are looking at wave C-circled that already has five waves down ...
Elliott Wave Analysis On AUDNZD And EURJPY
November 2nd, 2016
AUDNZD AUDNZD is turning down, now finally falling within wave c that can represent last piece of a wave 2/B pullback. In many cases we will see that corrections will retrace back to the area of a former wave ...
London banks are reportedly stockpiling Bitcoin to pay off potential ransom demands of cyber criminals
October 26th, 2016
THE threat of debilitating attacks launched by hackers has become so concerning that financial institutions in London are reportedly stockpiling Bitcoin to pay off potential ransom demands of cyber criminals. On Friday in the US, a number of major ...
Russia & Saudi Arabia agree to stabilize oil market
October 25th, 2016
Moscow and Riyadh have found common ground on a possible agreement with OPEC and a plan to stabilize oil prices after a meeting in the Saudi capital. Russian Energy Minister Alexander Novak met with representatives of Saudi Arabia and ...
Elliott Wave Analysis On EURCAD And USDJPY
October 20th, 2016
Elliott Wave Analysis On EURCAD And USDJPY EURCAD EURCAD is turning strongly up from 1.4261, clearly with an impulsive reaction out of a downward channel so it appears that five wave decline from 1.4872 is finished. If that’s correct ...
Elliott Wave Analysis: Bears Taking Over The EURUSD
October 17th, 2016
Elliott Wave Analysis: Bears Taking Over The EURUSD On EURUSD we see price trapped in a big consolidation pattern, a triangle that seems to be over as of recent bearish price movement. It’s a five wave correction, a continuation ...
Over 8 million Bitcoin wallets left inaccessible as Blockchain.info hit with DNS hijack
October 14th, 2016
Blockchain.info, one of the most popular online Bitcoin wallet services in the world, was forced to take its service offline this week (12 October) after suffering a DNS hijack that left its 8 million-strong userbase vulnerable to cyberattack. The ...
ICICI Bank executes India’s first banking transactions on blockchain in partnership with Emirates NBD
October 13th, 2016
Mumbai: ICICI Bank, India’s largest private sector bank by consolidated assets, announced that it has successfully executed transactions in international trade finance and remittance using blockchain technology in partnership with Emirates NBD, a leading banking group in the Middle East. ...
Canvas Ventures Raises $300M Fund to Invest in Software & Services Startups
September 26th, 2016
Canvas Ventures, a Silicon Valley-based venture capital firm, today announced that it has closed a new $300M fund called “Canvas Ventures 2.” The firm’s previous fund was capitalized at $175M in August 2013. The four investing partners for the ...
