The Fed will soon embark in an uncharted water of Quantitative Tightening (QT). In the aftermath of 2008 global credit crisis, the world central banks went into the biggest experiment in monetary policy called Quantitative Easing (QE)....
Today’s price action confirms that a possible top has been formed at the June 2/2017 high and EURCAD can be on the way lower to close a market gap that formed on April 23/2017. The turn lower...
Firstly, I suspect the bounce is technical or at a minimum immaculate timing of the news to go with the technical view. This large multinational organization & conglomerate’s CEO of the past few years Jeff Immelt just announced...
Ripple is the third-largest cryptocurrency by market capitalization, after Bitcoin and Ethereum. It’s distributed financial technology allows banks to efficiently settle transactions in real time. An alternative to today’s global payment infrastructure, Ripple eliminates time delays and ensures...
Short term GBPJPY Elliott Wave view suggests the decline from 5/10 high shows a 5 swing sequence, thus favoring more downside. Decline from 5/10 high is unfolding as a double three Elliott Wave structure. Down from 5/10 peak (148.11), Minor wave...
By Elliott Wave International The Elliott wave model often indicates a stock market outlook that’s at odds with the sentiment of the crowd. But, that’s okay. The crowd is usually wrong at major market turns. For example,...
In June 2015, we mentioned that Nifty-NSE from India was in a warning area for the bulls and a larger correction was expected to take place. Over the next 12 months, Nifty lost 25% dropping from a...
The pound sterling was headed for the biggest drop in a year after it emerged that the ruling Conservative Party has fallen short of a general majority after UK Election (GE 2017), just 10 days before the...
Many traders around the World keep picking the top in Indices and fail to capitalise on the trend which is to the upside. Recently, we did an article to explain World Indices could see another huge peak around...
Revised short term AUDUSD Elliott Wave view suggests the rally from 5/9 low is unfolding as a leading diagonal Elliott Wave structure. Up from 5/9 (0.7325) low, Minute wave ((i)) ended at 0.7517, Minute wave ((ii)) ended at 0.7368, and Minute...
