Search Results for: LSE
GBPAUD May Continue Lower After a Recovery – Elliott wave Update
August 19th, 2020
GBPAUD is in a downtrend, as we see a sharp fall in impulsive price activity from 2.085 high. We are tracking a so-called impulse, a move that is structured by five waves, where two of them are corrections: ...
An unexpected systemic crisis is for sure
August 18th, 2020
Downturns in bank credit expansion always lead to systemic problems. We are on the edge of such a downturn, which thanks to everyone’s focus on the coronavirus, is unexpected. We can now identify 23 March as the date ...
Europe stock futures tick lower; Offshore yuan and euro to dollar traded up
August 17th, 2020
Stocks in China climbed after the central bank’s injection of cash raised hopes of more supportive monetary policy, with equities and futures elsewhere trading mixed as investors assessed soured U.S.-China ties. The dollar slipped. The Shanghai Composite was more ...
Gold at $2k+. So why the fuss?
August 10th, 2020
There appears to be no way out for the bullion banks deteriorating $53bn short gold futures positions ($38bn net) on Comex. An earlier attempt between January and March to regain control over paper gold markets has backfired on ...
The Eurozone’s financial disintegration
July 31st, 2020
Introduction The Euro Crisis Monitor (above) shows the increasing imbalances in the TARGET2 settlement system between all its members: the ECB (itself with a €145bn deficit) and the national central banks in the Eurozone. Other than minor differences reflecting ...
Silver on A Bull Run! – Elliott wave analysis
July 27th, 2020
Silver is recovering with impulsive price action from 11.60 lows. We see waves 1 and 2 as completed, so current price activity from 14.48 level can belong to a wave 3 of a higher degree. Wave 3 is ...
Explaining the credit cycle
July 24th, 2020
This article summarises why the credit cycle leads to alternate booms and slumps. It is only with this in mind that they can be properly understood as current economic conditions evolve. The reader is taken through three monetary ...
Silver and AUDNZD Update – Elliott wave analysis
July 15th, 2020
Silver is nicely recovering following a completed higher degree C) move at the 11.60 level. We can see a five-wave rally in play, where latest intra-day recovery out of a wave 4 triangle can be final within an ...
GBPAUD Showing Evidence of a Bearish Resumption – Elliott wave analysis
July 13th, 2020
On the weekly chart of GBPAUD we see price sharply declining, down from 2.08 high, after a sideways, choppy movement from October lows of 2016. Also, price is breaking below the lower corrective channel line which is evidence that ...
Forex fraud: Individual and his company to pay over a million dollar penalty
July 13th, 2020
The Commodity Futures Trading Commission (CFTC) has issued an announcement to inform that the U.S. District Court for the Eastern District of Missouri entered an order of default judgment finding that Joshua Christian McDonald and his company, Perfection PR Firm ...
