Most Popular

Did you know that Aussie hit an 11-year bottom on the back of coronavirus-inflicted flows? Risk-on appetite has shifted dramatically, but many analysts still see 65c. as the major saver. However, we don't! Our Head of Investment…
Read More

The AMZN structure shows the development of a primary degree ①-②-③-④-⑤. Recently, the horizontal correction wave ④ in the form of a flat (A)-(B)-(C) has come to an end. We then saw the development of the initial part of the primary 5th…
Read More

The GBPUSD formation hints to a bullish triple zigzag Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ. The primary degree pattern is part of a triangle wave e. At the time of writing, the first four waves are fully complete. The last wave Ⓩ is only half the way through.…
Read More

The current formation hints to a zigzag pattern consisting of intermediate sub-waves (A)-(B) -(C). Sub-waves (A) and (B) are fully completed. Wave (A) is a 5-wave impulse, and wave (B) is a triple zigzag. Currently, we can see wave…
Read More

Last week’s highlights New Zealand economy rebounds in third quarter New Zealand's economy rebounded in the third quarter, making a sharp V-shape recovery. Official data showed that the Gross domestic product increased 14% in the three…
Read More

USDCAD or USD/CAD is shorthand for the pair composed of the United States Dollar and Canadian Dollar. Often it's called trading the "loonie," as that is a slang term for the Canadian currency. While CAD trades with other currencies, its the…
Read More

The precious metal has been posting declines for three consecutive weeks so far. Price action closed at 1703.12 on Friday, marking a nine-month low. The declines accelerated after gold failed near the key support area of 1800. Looking at…
Read More

The current USDCNH formation hints at a large zigzag of a cycle degree. This recently completed the bearish correction b which took the form of a triple zigzag. On the 1H timeframe, the final part of correction b, and the bearish impulse…
Read More

“Sell in May and Go Away” has been a trading strategy followed by many for years now. What has commonly been observed is that the months of July and August tend to be slow for not just the forex markets, but stocks as well. Even commodities…
Read More

Tomorrow, we have the release of the latest US jobs data, NFP Release and Market Impact. As the markets are closed for Good Friday, the data won't have an immediate effect. The US Federal Government, however, continues working, and that…
Read More

Tomorrow's ECB meeting is expected to be something of a challenge for the members of the monetary policy committee. There is quite a bit of market expectation on what they will say. So, we could have some extra volatility in the euro…
Read More

There are, of course, entire books and months-long courses on how to become a stock analyst. But let's cut through most of the promotional stuff, and have a look at the core tools that will put you on the way to being a pro at stock…
Read More

When it comes to retail forex trading, traders often tend to focus on the advertising hype created by the forex broker rather than the important factors relating to their specific trading strategy. Like a game of chess, all of the pieces…
Read More

The martingale strategy is an old betting strategy that's largely gone the way of powdered wigs and horse-drawn carriages. However, it's worth a mention because different incarnations of it keep resurfacing among people trying to impress…
Read More