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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 ...
Interesting Pattern on 10 Year US Notes Points Higher – Elliott wave
July 15th, 2020
10 Year US notes are trading in an uptrend since the last quarter of 2018 and unfolding a big, five-wave cycle. We specifically see price trading at the end of a triangle correction in wave (4), therefore be ...
Crypto trading volumes plummeted in June, but Altcoins are moving up
July 14th, 2020
This week the price of Bitcoin (BTC) started trading around $9,200 and quickly moved up to $9,450. A potential rally was rejected close to $9,500 and BTC’s price then moved back down to $9,150, but it has since recovered ...
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 ...
EU Commission published an evaluation report on the GDPR
July 13th, 2020
Just over two years after its entry into application, the European Commission published an evaluation report on the General Data Protection Regulation (GDPR). The report shows the GDPR has met most of its objectives, in particular by offering citizens ...
The new deal is a bad old deal
July 10th, 2020
So far, the current economic situation, together with the response by major governments, compares with the run-in to the depression of the 1930s. Yet to come in the repetitious credit cycle is the collapse in financial asset values and ...
Prices are going to rise — and fast!
July 7th, 2020
With stockmarkets barely ruffled, few are thinking beyond the very short-term and they are mostly guessing anyway. Other than possibly the very short-term as we emerge from lockdowns, the economic situation is actually dire, and any hope of ...
Elliott Wave Analysis: EUR/GBP In Bearish Reversal
July 6th, 2020
EURGBP started firmly dropping from the 0.918 level (also level of a Fib. ratio of 61.8), giving us first signs of a possibly completed A-B-C move in a higher degree wave B) correction. We are now observing a minimum ...
S&P500 Looking Bullish Mid-Term
July 3rd, 2020
S&P500 made a five-wave rise from the 2185 level, where a higher degree wave (IV) correction found support. That said, the mentioned five-wave rally can be an indication of where the trend can be going; to the upside. If ...
USDCAD and NZDUSD Elliott wave analysis
June 24th, 2020
USDCAD started rallying from the 1.3312 low, indicating that wave C) of a higher degree is completed, and that a minimum three-wave turn is underway. We labelled a completed first leg A/1 at the 1.368 level, which can ...
