Stock markets are facing a lot of headaches right now: 1) The next earnings season is just around the corner… 2) The threat of rising interest rates from the Central Bank. 3) And now the threat of a “new cold war” with Russia. But one chart shows what the stock…
In just a few weeks, the British people are making a big decision. The UK is holding a referendum this month on whether to remain in the European Union or not. Some of the polls show that the result could be very close. Whatever the result is going to be, this is…
Brexit fears and the EU Referendum have caused a significant fall in the British Pound (GBPUSD). But how much lower can the British currency go? In this video we will take a look at our next potential targets on the British Pound: The Elliott Wave targets on the GBPUSD seem…
Here are the next key levels to short the Euro as discussed by Alessio Rastani and Zak Mir. The video also discusses the potential Elliott Wave count on the EURUSD: Link to this post!
Gold has had an incredible start this year… It is already up nearly 10% this month, and that is despite a very strong US Dollar! One of the reasons behind gold’s recent surge is because of what is happening over in Europe and Russia… Investors are naturally nervous about the…
Last week I said that I expected gold to break higher. One of the main reasons for my view was that many investors had turned against gold. According to reports, even some of the big gold money managers had “given up on gold”. We all know what happens when everybody…
You will notice from the above chart that Gold completed a 5 wave trend – a down trend which started on 8th November and completed on December 29th. For traders who are not familiar with Elliott Waves, this phenomenon is explained briefly by the fact that when markets trend, they…
Gold and Silver tested our patience with their month long consolidation during which all volatility had dried up. They finally broke through the top bracket of their sideways channel (see above video). Link to this post!