Carvana Co (NYSE: CVNA) soared over 13,000% in three years, capturing the market’s attention. However, financial markets never move in straight lines. In this article, we delve into the Elliott Wave analysis. Our study uncovers the current pullback and the next potential investment opportunity. Elliott Wave Analysis Despite its 98% correction in 2022, CVNA recovered…
Market Insights Podcast (09/03/2026): To start the week, we join OANDA Senior Market Analyst Kelvin Wong and podcast host Jonny Hart in discussing skyrocketing oil pricing amidst tensions in the Middle East and a scheduled G7 meeting to discuss the release of held crude reserves, as well as the fallout across financial markets. Join OANDA…
The Global X Silver Miners ETF (SIL) provides investors with diversified exposure to leading silver mining companies across the globe. Since its launch in 2010, the fund has tracked the Solactive Global Silver Miners Total Return Index, offering a straightforward way to participate in the sector through a single trade. In the discussion that follows,…
By Michael Klein, Tufts University The “fog of war” refers to confusion and uncertainty on the battlefield and the attendant possibility of fatal error. This principle has a parallel when it comes to the economic consequences of wars as well, especially when they occur in a region that is a chokepoint for the production and…
Hello traders, welcome to this new blog post where we discuss blue boxes. This time, we’ll focus on USDCHF, which reacted as expected from the blue box, putting our members in profit. Let me walk you through the setup. On the weekly chart, a long-term corrective 4th wave concluded in December 2016, marking wave (IV)….
Amid the war in the Middle East, oil prices have broken to the upside, trading at their highest levels since June 2022. As a result, oil-traded ETFs are also at multi-month highs. So, what price action should traders expect for USO in the coming weeks? USO (United States Oil Fund) is an exchange-traded fund (ETF)…
The market remains under pressure, and that weakness drags AXP lower. However, the company shows strong operating momentum and steady premium‑client spending. Moreover, its revenue growth outlook for Q2 2026 stays firm. AXP shows strong fundamentals, but Elliott Wave signals a completed cycle and risk of a drop below 200. Still, the current price ignores…
For Q2 2026, SMH may show mixed behavior as momentum cools. However, the sector still holds a strong long‑term trend. Current conditions suggest slower gains, yet buyers may defend key supports. As a result, the market could stabilize before attempting another advance. Even so, rising volatility may pressure short‑term swings. Therefore, traders should expect sharper…
EURGBP: Important Breakout 🇪🇺🇬🇧 📉EURGBP broke and closed below a key daily horizontal support cluster. It has turned into strong resistance now. Expect a decline at least to 0.8638 level. ————————— Daily time frame My Products: ✔️ Divergence Dashboard MT5©: https://www.mql5.com/en/market/product/166179 ✔️ Divergence Dashboard MT4©: https://www.mql5.com/en/market/product/166178 ✔️ Aero Pulse Dashboard MT5©: https://www.mql5.com/en/market/product/166171 ✔️ Aero Pulse…
There is a report that the White House is mulling releasing oil from the strategic petroleum reserve (SPR), but no formal decision has been made. According to Politico there is fierce opposition to tapping the SPR. Those who oppose tapping the reserve say a release would solve what they consider the underlying problem (war?). The…