Geopolitical Tension Could Be Catalyst for Gold’s Rally

by elliottwave-forecast.com | April 16, 2018 2:54 pm
Rising Geopolitical Tension between U.S. and Russia The geopolitical tension between the United States and Russia escalated rapidly in the past two weeks. Two weeks ago, the U.S. Treasury Department announced fresh sanctions against Russian oligarchs and...

United States Steel Corporation X Daily Elliott Wave View

by elliottwave-forecast.com | March 2, 2018 9:33 am
United States Steel Corporation (NYSE: X) is the second largest steel domestic producer behind Nucor Corporation (NYSE: NUE) and also the world’s 24th largest steel producer. Last year, Steel price surged higher reaching new all time high of 4772 in...

Is Trump’s Tax Reform Bullish for Equities?

by elliottwave-forecast.com | October 30, 2017 11:34 am
The tax reform is perhaps the single most important agenda for Republicans. The consequence for falling short of the tax overhaul is dire. Should Republicans fail to deliver the tax reform, they could face rout in the mid-term elections...

Will Trump Really “Totally Destroy” North Korea?

by elliottwave-forecast.com | October 26, 2017 11:46 am
US President, Donald Trump, threatened to “Totally Destroy” North Korea during his speech in United Nations assembly on 19th September 2017 and further added that “Rocket Man” is on a suicide mission for himself and for his regime....

Trump tax cut can create the last rally since 2016

by elliottwave-forecast.com | May 1, 2017 12:35 pm
As part of President’s Trump campaign pledge, he wants to sharply reduce the tax rate for all businesses from multinational corporations to mom-and-pop shops to 15%. Treasury Secretary Steven T. Mnuchin said this is the biggest tax...

USD may stay soft in near term

by elliottwave-forecast.com | March 29, 2017 8:34 am
Although the Fed is in the rate hike cycle, USD rally started to lose momentum early this year when market started to realize that monetary policy divergence started to narrow. ECB has started to talk about rate hikes,...