EURJPY EURJP is still searching higher for the wave C resistance. Possible resistance can be seen around 117.50-70 area, from where even a reversal lower may occur. Keep in ... Read More
Stocks recovered very nicely and sharply since mid of February so new bullish reversal is here. Reason for a bullish trend is a five wave rise from 1802 which ... Read More
EURGBP EURGBP is trading in final stages of a five wave sequence of a higher degree. We expect one more corrective pullback in the blue wave 4 to 0.8130 ... Read More
On USD index daily chart we are observing a big sideways pattern since start of 2015; it’s slow, sideways and overlapping price action which is a personality of a ... Read More
USD Index As expected price made a nice reversal higher at 93.00 area where a three wave corrective retracement had completed. Now we think that price could already be ... Read More
S&P500 Good morning traders. Today we have UK CPI figure and US retail sales figure as main news on the calendar. Stocks continue to fall across the globe on ... Read More
GBPAUD GBPAUD is in the process of an unfolding corrective pullback after a nice three waves of a higher degree to the upside. This pullback should mark the fourth ... Read More
AUDUSD is turning down from 0.7834 high for the last two weeks where wave C-circled might completed a big corrective wave IV which looks like a flat. A flat ... Read More
NZDUSD Our pair on radar screen for shorts this week will be NZDUSD which is in corrective bounce from 0.6715, so it’s a temporary recovery that will send price ... Read More
S&P500 E-mini S&P500 has turned nicely lower a few weeks back from 2104 high that we labeled it as a complex W)-X)-Y) correction, so market was just in a ... Read More
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