Search Results for: Trading
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 ...
Bitcoin price is rising regardless coronavirus outbreak
February 14th, 2020
Bitcoin price has reached a mark of $10.000 which can mostly be explained by an effort of investors to find a safe haven amid the recent outbreak of coronavirus that has seriously affected many companies as in Asia, so ...
Stocks and XXX/JPY Looking for A Final Rally Higher – Elliott wave analysis
February 11th, 2020
Stocks are back at the highs as expected, after we identified latest retracement as a corrective leg. Ideally the German DAX and SP500 futures are now in their fifth waves, so we may expect a top this week after ...
Bitcoin Can Be Finishing A Five-Wave Cycle
February 6th, 2020
BITCOIN (BTCUSD) is approaching very important and psychological 10k target area and what is very interesting is that from the Elliott wave perspective, it is clearly finishing five waves up, which means that we have to be aware ...
10 Year US Notes Points Higher – Elliott wave analysis
February 5th, 2020
10 year US Notes is clearly bullish, unfolding a five-wave move from October of 2018 lows. We see a possibly completed wave (4) at the 127’30 level, from where price started recovering again. We also see a ...
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 ...
Euro traders wait for ECB meeting, yuan drops on virus fears
January 23rd, 2020
The euro remained stuck in its recent trading range on Thursday before the European Central Bank’s meeting, while China’s yuan dropped on fears about the spread of a virus. Euro/dollar traded little changed at $1.1094. So did the dollar ...
European stocks retreat as investors cash in on rally
January 21st, 2020
European stock markets mostly retreated on Monday (Jan 20) as investors booked profits after last week’s rally awaiting some key US earnings updates. Stocks had jumped on Friday, with Wall Street indices ending at fresh record highs, as solid ...
