The “unsinkable” global financial system is rushing headlong toward its encounter with the iceberg. Why did the Titanic sink, despite being considered unsinkable? The conventional answer is the design ... Read More
We think that a three wave move from Mar lows on EURJPY chart seems to be completed, as price made a recent reversal from the highs where wave C-circled ... Read More
ECB chair Mario Draghi delivered big-time this morning by announcing lower interest rates and a new round of debt monetization. Historically, this kind of thing has sent the financial ... Read More
This article notes that the technical situation for the gold price has sharply improved, to the evident surprise of many mainstream analysts. It discusses possible reasons behind the turnaround, ... Read More
Crude oil is trading higher, after breaking above 35.94 last week which suggests that wave four can be making a flat correction. That’s a 3-3-5 pattern, so leg up ... Read More
AUDUSD AUDUSD keeps moving higher probably in impulsive fashion if we consider strong rally from 0.7107. It also looks like an extended wave which typically occurs in the middle ... Read More
When historians sort out this era of once-a-decade financial bubbles, they’ll marvel at how dissimilar the drivers of each boom were. The junk bonds of the 1980s were essentially ... Read More
GBPUSD is turning up sharply from 1.3830, clearly with an impulsive price action visible on the lower time frame charts which suggests that an extended five waves down from ... Read More
The Italian banking system is a “leaning tower” that truly could completely collapse at literally any moment. And as Italy’s banks begin to go down like dominoes, it is ... Read More
DAX keeps trading higher in a nice impulsive fashion, now already in wave 4), that could send prices even higher in wave 5). That said a pullback looks to ... Read More
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