In the last years, the renminbi made a pause in his attempt to get stronger against USD dollar. On February 2014, renminbi found support at 6.0153 and from there it made a perfect zig – zag correction structure to equal legs at 7.1964 in June 2020. After that, the USDCNH continue with the downtrend. Renminbi […]

America Movil, S.A.B. de C.V. (AMX) provides telecommunication services in Latin America & internationally. The company offers wireless & fixed voice services, including local, domestic & international long distance services & network interconnection services along with data services. It is based in Mexico, comes under Communication services sector and trades as “AMX” ticket at NYSE. […]

Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of Palladium ( $PA_F ) .   As our members know, Palladium is showing incomplete bearish sequences in the cycle from the March peak (3425). Recently the commodity has given us 3 waves bounce against the 2354 […]

The shipping sector had to face many challenges over the past few years which led to skyrocketing prices, and a three-fold increase in transit times. As a result, 93% of importers and exporters reported supply-chain difficulties. Over 80% of world trade volume is in seaborne. Due to supply and demand factors, world trade was initially […]