New York time: 00:00:00
Local time: 00:00:00
Newsletter RSS 


USDNOK Moving Higher In Impulsive Fashion

Top



Our Services Video Tour        |           Subscribe to our newsletter

July 06 2015
USDNOK has been trading in impulsive fashion the last couple of days, reaching new highs after the correction in previous black wave (ii). We assume that USDNOK will continue to the upside to Target level #1 to around 8.15-8.17 where third leg would equal to the first leg of black wave (i). But ideally we will see an extensions up to 161.8% (ideal target) for black wave (iii).
We see price trading above the trendline support shown on the hourly chart which is important evidence for bullish trend. So as long as this line is not breached we will continue to look higher within a black wave three.

USDNOK, 4h


USDNOK, 1H



CRB Commodity Index Remains Bearish

Top



Our Services Video Tour        |           Subscribe to our newsletter


June 24 2015

One of the reasons why USD can gain more and why commodities and commodity currencies will stay under pressure is on *Thomson Reuters Commodity Index (CRB) where I see a completed three wave rise; a corrective move that is pointing for more weakness in weeks ahead.



*The Jefferies | TR/J CRB Global Commodity Equity Index measures the performance of equity securities of a global universe of listed companies engaged in the production and distribution of commodities and commodity-related products and services in the agriculture, base/industrial metals, energy and precious metals sectors.

Source: www.etfdb.com

DOW Transportations: Correction May Be Over

Top



Our Services Video Tour        |           Subscribe to our newsletter


June 20 2015

On the weekly chart of DOW Transportations index we can see that market has been trading bullish since the star of 2012. It has already made four waves up, with blue wave 4 in final stages. On the Daily chart we see that price made a new leg down in blue wave (c), thus completing the correction in red wave y of blue wave 4. But still Blue wave (c) may continue to the downside, if we include the possibility of ending diagonal in blue wave (c). Nonetheless price may turn higher in weeks ahead.
When market will reach a new high with blue wave 5 we will be looking for a larger corrective retracement, probably later this year.

Register Today and Try our service for 1 Month For Only 1€!!

DOW Transportations, Monthly


DOW Transportations, Weekly


DOW Transportations, Daily




UPDATE II: Long-Term Stocks Analysis

Top


Our Services Video Tour        |           Subscribe to our newsletter


June 18 2015

In the next video I will update you with my long-term view on some major global indicies. If your remember back in October of 2014, we talked about more upside on stocks which was correct as just few months later DAX rallied around 40%!! But now this leg can be near completion, so we think it's an important time for a possible new major swing in weeks and months ahead.

>>VIDEO ARCHIVE Oct 2014: Click here

UPDATE II



Video Analysis: USD Can Turn Bullish Soon

Top


Our Services Video Tour        |           Subscribe to our newsletter


June 11 2015

In the following video I explain why USD could rally and EUR decline by looking at DAX, German Bunds and USD Index.

Enjoy!

Grega




EURJPY Looking For More Upside

Top



Our Services Video Tour        |           Subscribe to our newsletter


  June 8 2015

On the 4h chart, price faced a correction in blue wave (4) and went to around fibo. level of 0.382 of the previous blue wave (3). Then price made a sharp impulsive action to the upside, so we assume that blue wave (4) is finished. That said, price may reach higher levels to around 141.77-142.00.

Register Today and Try our service for 1 Month For Only 1€!!

EURJPY, 4H


EURJPY, 1H



Corn Could Continue Towards Higher Levels

Top



Our Services Video Tour        |           Subscribe to our newsletter


May 28 2015

Corn has been bearish for the last three years as we see on the Weekly chart, but that is likely over as A-B-C corrective bounce can be unfolding. The reason for a bullish turn is a five wave recovery from the lows, that we labeled it as blue wave A as shown on a Daily chart. That said a current retracement from April highs can be a temporary three wave sat-back, labelled as wave B. Notice that wave B is now trading at some significant fibo support zone at 340-350. Technically speaking bounce from that area may occur soon, especially if we also consider Divergence on the RSI within current bearish swings.

Register Today and Try our service for 1 Month For Only 1€!!

CORN, Weekly, Daily



[1-7][8-14][15-21][22-28][29-35][36-42][43-49][50-56][57-63][64-70][71-77][78-84][85-91][92-98][99-105][106-112][113-119][120-126][127-133][134-140][141-147][148-154][155-161][162-168][169-175][176-182][183-189][190-196][197-203][204-210][211-217][218-224][225-231][232-238][239-245][246-252][253-259][260-266][267-273][274-280][281-287][288-294][295-301][302-308][309-315][316-322][323-329][330-336][337-343][344-350][351-357][358-364][365-371][372-378][379-385][386-392][393-398] >>