Search Results for: LSE
The dollar rises against major currencies and riskier emerging markets
March 30th, 2020
The dollar snapped a week of declines on Monday, rising against major currencies and riskier emerging markets as investors braced for a prolonged period of uncertainty while governments tightened lockdowns to fight the coronavirus. China’s offshore yuan fell after ...
Payments panic and the ending of fiat currencies
March 24th, 2020
The unilateral response from governments to the coronavirus is to helicopter money to people and their businesses in unlimited quantities. Their priority is to keep the debt-driven Keynesian show on the road, and policy makers are approaching the task ...
USDCAD In A Bullish Trend – Elliott wave analysis
March 23rd, 2020
USDCAD ended a three-wave, A)-B)-C) correction within a bigger wave 2 at the 1.294 level, from where a new rise started developing. Rise is sharp and impulsive so this suggests further upside. We see a five-wave move in the ...
GOLD and EURGBP Intra-day look – Elliott wave analysis
March 6th, 2020
Gold is in an uptrend, now unfolding a final five-wave move within a wave 5, which can face a top in the near future. Wave 5 is also an impulse, so it has to be structured by five legs, ...
Why a bear market will lead to a dollar collapse
March 5th, 2020
Falling equity markets this week are likely to signal the onset of a bear market, responding to a combination of the coronavirus spreading beyond China and persistent indications of a developing recession. This has provoked a flight into ...
Coronavirus and credit – a perfect storm
February 19th, 2020
This article posits that the spread of the coronavirus coincides with the downturn in the global credit cycle, with potentially catastrophic results. At the time of writing, analysts are still trying to get to grips with the virus’s ...
NZDUSD (KIWI) Taking The Bearish Road – Elliott wave analysis
February 17th, 2020
NZDUSD is in a clear, bearish pattern down from 0.674 high, now trading in the middle of an impule. We labelled waves 1-2 and 3 already completed, so latest recovery from the 0.6377 lows can be only a wave ...
Charges announced for a nearly billion dollar Ponzi scheme
January 30th, 2020
The Securities and Exchange Commission (SEC) has issued an announcement to inform that has charged a California-based couple with orchestrating a nearly billion-dollar Ponzi scheme involving alternative energy tax credits. According to the SEC’s complaint, Jeffrey and Paulette Carpoff raised approximately $910 million ...
Dollar at 2-month high, Aussie weak as virus anxiety spreads
January 30th, 2020
The dollar held near a two-month high against a basket of major currencies while the Australian dollar and the yuan were under pressure on Thursday as investors tried to shield themselves from assets that could be hit by China’s ...
The daily and 4h view of USDJPY
January 28th, 2020
USDJPY is trading in a bigger triangle correction on the daily chart and is ending a leg D with its three sub-waves. We see a possibly completed sub-wave C) of D near the 110.3 region, from where price ...
