Nasdaq 100

StockWatch: J&J Vaccine Adds Over $500m in Q3!

Johnson & Johnson sold over $500m of its Covid-19 vaccine in Q3, which beat Wall Street’s profit expectations. At the same time, the company maintained its Covid vaccine sales outlook for the year at $2.5bn. Netflix’s added over 4 million new subscribers in Q3. This […]

Oil: The Perfect Storm Keeps Brewing

Last night, workers at a US refinery in Texas voted against resuming work in the latest round of acrimonious negotiations between the union and Exxon Mobile. The company plans to transform the location into the largest refiner on the continent. Production continued at the facility […]

XAUUSD Gold Price May Fall To 1595.91

The Gold structure suggests that the intermediate correction wave (4), is a triple zigzag consisting of minor sub-waves W-X-Y-X-Z. As part of the correction (4), the final minor wave Z is under construction and is almost complete. If we take a closer look at its […]

Intraday Market Analysis – Gold Attempts to Rebound

XAUUSD awaits breakout Gold inched higher as the dollar index hit a two-week low. The latest rebound has been checked by the psychological level of 1800. With the RSI showing an overbought situation, short-term buyers were swift in taking profit from this resistance on the […]

Chart of the Day – GBPUSD – (October 19th, 2021)

The GBPUSD is within close proximity of the 200dma, and just below that was today’s highs at the 50% retracement at the 1.3829 level. Overnight, the risk may be for a probe into the 200dma, but the bears may attempt to hold the 200dma to […]

Q4 2021 Elliott Wave Market Outlook Report – The Deciding Quarter

As the world prepares itself for winter and the deciding quarter of 2021, uncertainty continues to dominate the markets due to the Delta variant. If infection rates spike again and restrictive measures ensue, will booster shots get us through the colder weather? Meanwhile, inflation fears […]

Surfing the Waves with Gregor Horvat: EURUSD, AUDUSD, XAUUSD & More!

In today’s advanced Elliott Wave analysis Gregor dives into the five most interesting opportunities for the week ahead! Watch how he analyses equities, FX Majors, and Commodities and discover how he applies EW principles to come up with his amazing forecasts! Timestamps: EURUSD 00:20 AUDUSD […]

BABA Impulse In The Primary Wave Ⓒ

The formation of BABA shares suggests the construction of a large zigzag Ⓐ-Ⓑ-Ⓒ. Apparently, the construction of the middle part of this zigzag correction Ⓑ has come to an end. It consists of three main sub-waves (A)-(B)-(C) of the intermediate degree. The final part of […]

UK Inflation and BOE Rate Hike

Analysts have speculated for a long time that the BOE would be the first of the major central banks to raise rates. Lately, that has come into focus as the bank’s rhetoric shifted from talking about employment to talking about inflation. Despite the UK having […]

Intraday Market Analysis – USD Seeks Support

AUDUSD tests major supply zone The Australian dollar rallied after the RBA expected a return to growth in October’s meeting minutes. The pair has met stiff selling pressure in the supply zone (0.7460) from the September sell-off. And the RSI is once again in the […]