Most Popular

The current EURUSD structure hints to a zigzag consisting of waves Ⓐ-Ⓑ-Ⓒ. The primary wave Ⓑ of the bearish pattern is a zigzag. Wave Ⓑ of (B) seems to have taken a triple zigzag W-X-Y-X-Z formation. The bullish price action suggests…
Read More

Originally posted by James Harte on LittleFish FX Get Informed In our “Moving Averages & Bollinger Bands” webinar we discussed how Bollinger Bands can be useful in giving us information about the underlying state of the market and…
Read More

The current oil formation hints at a bullish impulse V of a cycle degree. This impulse consists of primary sub-waves ①-②-③-④-⑤. In the medium term, we expect continued growth in primary wave ③. Following a slight decline in correction…
Read More

Crude Stocks Soar Following two days of declines, oil prices shot higher midweek. The latest report from the Energy Information Administration showed a mammoth build in US crude stockpiles. The EIA reported that in the week ending…
Read More

XAGUSD has seen a progressive double top in the last 6 months of trading, with another test looking likely. The recent headlines surrounding the metal led prices to another attempt at the high $29 level. Since the latest pullback, bulls…
Read More

The consensus of expectations is that July will show that inflation has peaked, by coming in a little bit lower than in June. The rate is still quite high, but the Fed projects rates will return to normal by the end of the year. For that…
Read More

In last week's article, we covered the basics of using the Donchian channel and a rather simple strategy in determining and trading breakouts with the indicator. In this week's article, we make use of the Donchian channel indicator and…
Read More

Warren Buffett is probably the most well-known equity investor in the world today. And it's not just because he has managed to amass a significant amount of wealth. Buffett's unique investment style has gotten a lot of attention. In…
Read More

The FOMC meeting minutes come out this week on Wednesday. The minutes cover the Fed monetary policy meeting from late December. The central bank hiked interest rates by a quarter point bringing the Fed funds rates from 2.25% to 2.50%.…
Read More

Most people, even without a background in economics or finance know that inflation means that the value of a currency is going down. Broadly speaking, this is translatable in some sense to the currency markets. If one currency has higher…
Read More

The DXY index is currently building a cycle trend in the form of a bearish 5-wave impulse. The first three parts of this impulse have ended, whereas the corrective leg IV is still under construction. Judging by the structure, it is a…
Read More

Last week’s highlights RBA surprises with more QE The Reserve Bank of Australia held its monetary policy meeting last week. In a surprise to the markets, the central ramped up its QE purchases. Following the announcement, the Australian…
Read More