Global (economic) warming

If the economy was on its uppers, Trumpenomics could be reasonably compared with Reaganomics. But that is not the case. The economy is operating close to capacity, ….any further ... Read More
GBPUSD analysis

Elliott Wave Analysis: Crude OIL and GBPUSD

Crude OIL Crude oil found some nice support at 51.80 last week from where a strong recovery appears to be impulsive. Ideally that was wave 1, which found a ... Read More
eurjpy analysis

Elliott Wave Analysis: EURGBP and EURJPY

EURGBP On the 4h chart of EURGBP we see a nice bearish price action unfolding down from 0.8851 which is expected to continue after recent three wave bounce to ... Read More
Euro crisis

How Many Euro Crises Will This Make? It’s Getting Hard To Keep Track

Every few years, it seems, one or another mismanaged eurozone country falls into one or another kind of crisis. This leads to speculation about the end of the common ... Read More
intraday usdcad feb 19 2017

Elliott Wave Analysis: USDCAD and EURUSD

USDCAD When Oil is on the rise that’s when Canadian dollar my benefit, so it’s a  surprise to see a bearish count on USDCAD. What we see on hourly ... Read More
intraday Gold analysis

Elliott Wave Analysis: EURGBP and GOLD

EURGBP EURGBP is also moving up this week, but recovery can be corrective from Feb 13 low. We are observing wave 2 which can be looking for a reversal ... Read More
intraday oil

Elliott Wave Analysis: GOLD and Crude OIL

Elliott Wave Analysis: GOLD and Crude OIL Gold got a nice bounce since USD turned slightly lower in the last few sessions, so metal could benefit as correction on ... Read More
Dow Jones

This Is Why You Don’t Own A Lot Of Stocks

You’d think that by now every relevant measure of stock market overvaluation would have been converted into a chart and circulated throughout the blogosphere. But Zero Hedge has come ... Read More
S&P500 analysis

Elliott Wave Analysis: USDJPY and S&P500

USDJPY We are long on USDJPY from last week, from 112.35 average entry. However, based on current structure and five sub-waves up from blue wave four, we think that ... Read More
gold price analysis

Elliott Wave Analysis: DAX and GOLD

Elliott Wave Analysis: DAX and GOLD German DAX A sharp turn down from 11890 on DAX suggests that index accomplished a five-wave movement within extended blue wave 3 and ... Read More
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