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


Stocks Futures Are Looking Bearish

Top



Our Services Video Tour
                   Subscribe to our newsletter

May 23 2013

All major stocks futures are moving higher today, but only in temporary pull-back that is part of a larger bearish trend. Resistance levels could be very near, so be aware of a push lower in the next two trading days.

Russell 2000, S&P500, NASDAQ 100, DJIA, NIKKEI and DAX






USD Index: Corrective Pull-back Within Uptrend

Top



Our Services Video Tour
                   Subscribe to our newsletter
May 21 2013

USD-index is trading lower from recent highs which seems to be start of a deeper corrective retracement. We are tracking wave 4) pull-back now as we can already count a completed five sub-waves in red wave 3). As such, current bearish waves are only temporary and should prove corrective. Ideally we will see three sub-waves down in wave 4 to 83.30-83.50 area where market may find a support; around former wave four, 38.2% Fibo level and at base channel line.

Our past free updates on USD Index:

You can get further and more detailed technical analysis for this market through one of our latest video analysis.






GOLD Bearish Reversal in Progress, Could Hit 1300

Top



Our Services Video Tour
                   Subscribe to our newsletter
May 20 2013

GOLD reversed nicely, perfectly lower from 1490 area two weeks back where base channel turned into a resistance as discussed in our latest video analysis. Notice that fall from that zone is now very sharp, showing evidences of an increase in volume and momentum so we suspect that market is underway to 1220/1300 area for fifth wave of decline in wave (C).



Register now for 7-day trial and get more details about gold in one of our latest video analysis available in members area.





EURUSD: Bearish Cycles Remains In Play-

Top



Our Services Video Tour
                   Subscribe to our newsletter
May 17 2013

EURUSD reversed slightly higher yesterday from 1.2840 support but not for long as recovery found resistance very soon, so it was probably just a fourth wave within larger wave 3 down. As such, our bias remains unchanged we are looking for weaker EURUSD, towards 1.2800 as a next projected target where we could see a temporary low and a wave 4 pull-back. Short-term critical level is at 1.2935 as wave four must not trade into a territory of a wave one.







AUDUSD Bearish; Wait On Pull-back For New Shorts

Top



Our Services Video Tour
                   Subscribe to our newsletter
May 15 2013

AUDUSD extended its weakness in the last few sessions within wave (iii) which can be counted now in five smaller waves. As such, support for current decline could be near, maybe around 0.9800 from where we will be tracking a wave (iv) corrective rally if we see evidences of a temporary low. If that will prove correct then traders should keep an eye on levels around 1.0000 where we can see wave four swing of one lower degree, plus a lower base channel line that could react as a resistance as well. Shorts around that zone could be interesting while market trades below 1.0152 critical level.

You can also check our video back from May 06 2013 in which we covered a detailed technical analysis for AUDUSD, and as well as EURUSD and USD index and presented our bias for USD bull scenario.



05/06/2013 VIDEO FROM MEMBERS AREA



Get further updates on those pair and others in our members area for 7-days absolutely free.
Click here


EURUSD: Broken Daily Trend-line puts The EUR in Bearish Mode

Top



Our Services Video Tour
                   Subscribe to our newsletter
May 13 2013

EURUSD fell sharply last week and closed well below 1.3034 swing low support which puts bearish price action in play. In fact, decline from 1.3195 was very strong and sharp which in many cases represents an impulsive wave and direction of a trend. As such, we need to respect this price action so we think it’s better to stick with the downtrend and look for possible short entries at this stage.

From an Elliott Wave perspective we are tracking one-two, one-two set-up with sub-wave (ii) now underway to 1.3020/50 resistance area.

The reason why we also expect bearish price action to continue is a broken channel line on the Daily chart as shown below. We however would turn bullish again only if we pass 1.3130 level.

Trade well!

EURUSD Intra-day


EURUSD Daily


For more analysis visit our website and Try our services absolutely free for 7-days!
CLICK HERE



GBPUSD: Intra-day Waves Are Turning Bullish For Possible Re-test of 1.5600

Top



Our Services Video Tour
                   Subscribe to our newsletter
May 08 2013

GBPUSD is still trapped in 1.5450-1.5600 range where we can see only three waves down from last week high. Also notice that current intra-day rise extended above 1.5520 level which means that any previous bearish impulsive interpretation is now invalid. Therefore, we think that bullish price action is back in force with possible test of 1.5600 later this week. Five waves up from potential wave B) low will confirm the bullish view for the GBP; until then don’t chase; its no-man’s-land.

Get further updates on this pair and others in our members area for 7-days absolutely free.
Click here


<< [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][393-399][400-406][407-413][414-420][421-427][428-434][435-441][442-448][449-455][456-462][463-465] >>