In today’s blog, we will have a look between the relationship of the Dollar Index and the Mexican Peso. The USDMXN has been trading in the same direction as the Dollar Index and both have peaked in January 2017....
XLE Topping Soon Taking a look at the recent Elliott wave structure in XLE suggests a top may be near. Starting from the 12/24/18 low at $53.25 the energy ETF shows a 5 wave impulse in wave...
Gold miners as a group is unpopular since it topped in 2011 together with Gold. One well-known Index which represents major Gold Miners is the GDX. The Index topped in 2011 at $67 and declined a massive...
Silver has been bouncing since making a marginal new low on April 4, 2019. We publish a free Chart Of The Day from visitors of our websites every day from Monday – Friday. We showed Silver 1...
Elliott Wave view on Facebook (ticker FB) suggests that the rally from March 19, 2019 low is unfolding as an impulse Elliott Wave structure. In the 1 hour chart below, we can see wave (2) of this impulse...
Sony Corporation (NYSE: SNE) is a Japanese multinational conglomerate corporation. The Company has a diversified business primarily focused on the Electronics, Games, Entertainment and Financial Services. In this article, we’ll be looking at the technical Elliott Wave structure of...
Welcome traders, today we will look at a couple of USDSEK pair charts.The following analysis will show how profitable and efficient it can be to trade with our philosophy and basic Elliott Wave analysis. First of all, we start...
GBPJPY Technical Analysis April 10/2019 GBPJPY : Bearish market patterns can be seen on the GBPJPY 4 hour chart. In the chart below a blue bearish Head and Shoulders pattern is visible and price has already broken...
Short Term Elliott Wave view on Nikkei Futures suggests the pullback to 20704 ended wave (2). The Index then resumed higher in wave (3) which ended at 21985. The internal of wave (3) subdivided as an impulse Elliott...
Elliott Wave view on FTSE calls the rally from February 28, 2019 low (7041) as an impulse Elliott Wave structure. An impulse is a 5 waves structure with wave 1, 3, and 5 all subdivide in 5 waves...