Elliott Wave International’s Chief European Analyst, Brian Whitmer, claims that right now, Europe “is the closest thing a US investor will get a crystal ball.” If you find that intriguing (as we do), you’ll be glad to...
By Murray Gunn For better or worse, the markets perceive that Fed chairman Powell has showed his hand. The recent Federal Open Markets Committee (FOMC) minutes of the January meeting revealed almost unanimous agreement to announce a...
By Steve Hochberg and Pete Kendall Once upon a time, central banks’ purchases of common stocks were non-existent. In recent times, however, a 2018 Reuters article observes that once stodgy central banks have moved into the fast...
Zynga (NASDAQ: ZNGA) is a video game developer company focused on social mobile gaming. With popular games like FarmVille and Zynga Poker, the American publisher managed to stand out in a crowded market. In the recent decade,...
Elliott Wave view in Exxon Mobil (ticker: XOM) suggests that the rally from December 26, 2018 low ($64.65) is unfolding as Elliott Wave zigzag. The first leg of the zigzag ended at $73.33 on January 18, 2019...
Over the next few weeks Japanese Yen strength should drive prices of AUDJPY lower within a downward sloping channel. The current incomplete Elliott Wave structure also supports this expectation of further downside. In this article we’ll explore...
NZDUSD Technical Analysis January 29/2019 NZDUSD remains bullish as long as the January 22/2019 low remains untouched. If you read the article, NZDUSD : Possible Bullish Patterns, published on December 19/2018 you will already know that we...
Elliott Wave view in Gold suggests the pullback to $1276.64 ended wave 4. Internal of wave 4 unfolded as a zigzag Elliott Wave structure. Wave ((a)) of 4 ended at $1276, wave ((b)) of 4 ended at...
Elliott Wave view in Tesla (Ticker: TSLA) suggests the rally to $352.09 ended wave ((2)). This suggests the stock is in an impulsive Elliott Wave structure to the downside. Wave ((3)) is in progress and the subdivision...
We believe Alibaba will see more downside based on a sequence which started on 6.5.2018 high. It is showing an extra swing at 12.24.2018. This low can be counted as swing number 9 in Blue or beginning...
