Tag: ELLIOTT WAVE THEORY

EURGBP has been rising for over two months now. The pair’s journey to the north began from 0.8313 in mid-April and did not stop...

The last time we wrote about GBPCAD was almost half a year ago. On January 16th, 2017, the pair was hovering around its lowest...

It has been another bad week for USDCAD, which opened at 1.3259 on Monday and plunged to as low as 1.2971 today. The major reason behind...

Nordstrom Inc. is one of the largest fashion retailers in the United States and Canada, operating 354 stores in total. The company was founded...

In our previous article you saw that a bearish reversal in the price trend of crude oil could be predicted, even when OPEC extends...

The price of Ethereum – the second biggest cryptocurrency by market capitalization – is currently hovering around $340 a coin, down from as high...

USDCAD opened at 1.3467 on Monday. Three days later, the pair fell by over 300 pips to as low as 1.3165. According to the media,...

It has been a little over a month since GBPAUD reached 1.7650 on May 10th. The day before, May 9th, we published “GBPAUD About...

Our first bullish outlook on the biggest cryptocurrency, titled “Bitcoin Hiding an Ace in the Sleeve” was published less than a year ago, on...

It is a bad day for Theresa May and GBPUSD bulls The first exit polls of Britain’s General Election show that despite their win, the...

The price of gold surged to $1296 yesterday, which is its highest level so far in 2017. Mainstream media says political tensions following the...

The U.S. dollar continues to tumble against most of its rivals. The selloff is especially obvious against the Japanese yen, with the USDJPY pair...

Shares of Qualcomm Inc., the San Diego, California-based chip-maker, have been on a tear since late-April, when the price touched $51.06. A little over a...

It was September 12th, 2016, when we first wrote about CVR Energy stock. In that material we examined the stock’s long-term perspective from an...

“DAX 30: Stage is Set for a New All-Time High” was published on October 3rd, 2016. While the German benchmark index was trading close to...

Yesterday was an important day for crude oil traders, who have been waiting for OPEC to extend the production cuts in an effort to...

If the market was a human being, every psychiatrist would easily be able to diagnose it with bipolar disorder, but when it comes to...

Earlier this month, on May 5th, USDCAD fell just 7 pips short of the 1.3800 mark and it looked like it is only a...

Our previous analysis of the Indian Nifty 50 stock market index was published over seven months ago. On October 7th, 2016, the index was...

Calling for Donald Trump’s impeachment intensified after the President fired FBI’s director James Comey on May 9th in a move resembling Richard Nixon’s firing...

The price of WTI crude oil plunged from $53.74 to as low as $43.73 between April 12th and May 5th. This 10-dollar sell-off surely...

It is not even Hewlett Packard anymore, but it still follows the Elliott Wave path Our last post about Hewlett Packard was published on August 26th,...

Shares of BT Group, the London, UK-based communication services provider, have been under bearish jurisdiction since November, 2015, when prices reached $37.70 on the...

The GBPAUD exchange rate climbed to levels not seen since September, 2016. The pair is currently trading close to 1.7600, nearly 19 figures above...

Bitcoin traders took the price of the virtual currency to a new all-time high of $1623 on the Bitstamp exchange yesterday. Soon after that it...

USDCAD climbed to 1.3757 this Tuesday after the recovery from 1.3222 continued. The pair has been making higher highs and higher lows since mid-April...

Nearly a month ago, on April 6th, the AUDNZD exchange rate was trading close to 1.0820, after falling from as high as 1.1018. But instead...

It has been a slow and choppy advance, but the price of palladium somehow managed to climb from as low as $450 in January,...

Alphabet Inc. topped $600 billion market capitalization, after its stock closed at a new all-time high of $888.84 per share yesterday. This, plus the...

If you have been following us regularly, you must have noticed how often we use the word “divergence” in our analyses, usually when expecting a...