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Elliott Wave Analysis: GBPUSD and USDCAD

May 2nd, 2017 (0)
Elliott Wave Analysis: GBPUSD and USDCAD GBPUSD GBPUSD is moving down, nicely away from our Fibonacci resistance area at 1.0950 that was highlighted last week as important zone for wave 5 of 3). Notice that current leg down now ...

Elliott Wave Analysis: German DAX and Crude OIL

April 28th, 2017 (0)
German DAX German DAX is slow above 12400, after that aggressive run up at the start of the week. As such, we assume that move on Monday was a third wave as those are usually the strongest so current ...

Elliott Wave Analysis: USDCAD and USDJPY

April 27th, 2017 (0)
USDCAD USDCAD has turned down once again from the upper channel resistance line, but this fall is now much stronger than the previous one, so be aware of more weakness, especially if pair will manage to break below the ...

Global Stock Rally Lives On Amid Earnings Optimism: Markets Wrap

April 26th, 2017 (0)
Chalco profit follows results from McDonald’s, Caterpillar Japan equities climb amid yen weakness; Australian shares rise Asian stocks extended a global rally after corporate results and hopes of U.S. tax reform boosted optimism for global growth. Weakness in the ...

Elliott Wave Analysis: EURUSD and GBPUSD

April 25th, 2017 (0)
Elliott Wave Analysis: EURUSD and GBPUSD Some FX USD based pairs did not move much in the last 24 hours so buck will remain in downtrend for now as we see EURUSD and GBPUSD in fourth waves. Fourth waves ...

European markets jumped; What to expect this week

April 25th, 2017 (0)
European markets jumped on Monday following the win of the first round of French election by Emmanuel Macron.  Market moves review: Euro was at $1.0867 on Monday following its biggest advance since Monday GBPUSD close at 1.2794 with highest ...

Asian Stocks Gain After Global Rally; Yen Weakens

April 25th, 2017 (0)
Euro holds advance following surge sparked by French elections China shares rise after selloff; investors watch North Korea Asian equities extended a global rally as Chinese shares climbed after a selloff and North Korean artillery drills did little to ...

Elliott Wave Analysis: GBPUSD Trading In A Temporary Correction; More Upside In View

April 24th, 2017 (0)
GBPUSD is trading in a three-wave correction of wave 4, with current sub-wave b unfolding as a contracting triangle. That said, one more drop may follow into wave c, before bears may slow down and bulls again take over ...

Euro Jumps on French Result; China Selloff Resumes: Markets Wrap

April 24th, 2017 (0)
Investors bet on Macron victory after first round of voting Yen slides, U.S. futures advance while Shanghai shares slump A relief rally amid speculation that pro-growth centrist Emmanuel Macron will become France’s next president was offset by a selloff in ...

Elliott Wave Analysis: EURCAD Could Be In For More Upside; Let’s Wait On Broken Channel Line

April 11th, 2017 (0)
EURCAD touched our first support at 1.4100 from where we can see market turning slightly higher so we are wondering if maybe lows are already in place, since we can count three waves down from 1.4598. However, I prefer ...
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