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


Time to be Long Crude!?

Top



Our Services (Video Tour)
         Twitter           Facebook          Subscribe to our newsletter

January 26 2012

Oil found the support in this week around 97.45, where could be a start of a new impulsive bullish cylce after some choppy and overlapping downward price action seen lately. Notice the recent swing also occurred from 50% Fibo support, which in many cases provides important reversals in trend. As such, we suspect that prices will revisit January highs, but we still need to see a break through the falling channel resistance line and 102 swing high that will lock the current lows!





Euro And Cable: Temporary Recovery

Top



Our Services (Video Tour)
         Twitter           Facebook          Subscribe to our newsletter

Jan 22 2012

EUR/USD
A rally in this past week through falling trend line connected from 1.425 top suggests that an impulsive wave (1) is finished and that larger corrective pull-back is underway.This is a blue wave (2), which must be subdivided by three legs before we may look for a downtrend continuation again. Nice resistance/reversal area for this wave (2) comes in at 1.3200-1.3500 range!



If you want updates and more technical analysis, then please visit our website here, or follow us on twiter

GBP/USD
Cable rallied sharply in this past week with an increasing bullish momentum and the weekly close, which in fact also broke through falling trend line as shown on the chart. As such, we decided to adjust the wave count into more liekly scenario; incomplete wave 2) expanded flat formation. In this case price will rally above 1.5770 wave A top in coming week.



Usd/Chf: Intra-day Moves Looking For A Support In 0.9300-0.9330 Area

Top



Our Services (Video Tour)
         Twitter           Facebook          Subscribe to our newsletter

Jan 19 2012

Usd/Chf was not clear lately. In fact, even 4h chart still did not confirm if we have a top in place already or not. However, the hourly line chart is showing a very nice clean wave structure that is five waves, called an impulse wave. As such, the minimum expectations will be a three waves of a pull-back, which will get underway once channel resistance line is broken. Why three waves!? Becasue after every five waves, correction follows as Elliott Theory says. And we also know that corrections are always structured minimum by three legs!
We will be looking for wave v) low in 0.9330/0.9300 area.





Video: Eur/Usd vs. Eur/Jpy Forecast Example

Top



Our Services (Video Tour)
         Twitter           Facebook          Subscribe to our newsletter

Jan 15 2011

Check the next video, which is just one small piece of analysis that we shared with our subscribers in this past week. In this video you will find out "how and when", "we or you can" become more confident into your analysis and forecasting in currency markets, which potentially can improve your success in trading. We think, that intra-market analysis and correlations, key market levels and patience are three very if not the most important facts. Check out video below for more details.



Cable: Bearish Scenario For 2012

Top



Our Services (Video Tour)
         Twitter           Facebook          Subscribe to our newsletter

Jan 10 2011

A decline from 2008 pick into 2009 low was in five waves, which in Elliott Wave theory indicates a direction of a larger trend. This is called an impulse wave, and once this leg is complete you will see a reversal in price, against the trend, normally into a slow, choppy and overlapping price action which is personality of a correction. Well, this is exactly what we are seeing on cable since 2009. As such, we are very confident that pair is trapped in a corrective pattern, triangle which in fact may have already ended at 1.61. In such case, a sharp weakness will follow in 2012, with prices headed below 1.35!

If you want updates and more technical analysis, then please visit our website here, or follow us on twiter



Oil Prices Headed Up to $105

Top



Our Services (Video Tour)
         Twitter           Facebook          Subscribe to our newsletter

Jan 04 2012

Crude oil moved sharply higher yesterday above the previous swing high, which now should put much higher levels in play, since we believe that wave 2) pull-back is finished at 98.16. Notice that price also moved above the neckline of a head and shoulder pattern, which is also an important evidence for an uptrend continuation from a technical point of view. Price may easily reach $105 per barrel in coming sessions.

If you like our analysis, and if you would like to join our services,register here.



Dollar Index Will Trade Higher in 2012

Top



Our Services (Video Tour)
         Twitter           Facebook          Subscribe to our newsletter

Dec 29 2011

Dollar index moved significantly higher in the past few weeks after a breakout through the trend line resistance connected from 2010 pick. As such, decline from wave X high is identified as a three wave move, part of a huge corrective wave B/2 that started back in 2008. Notice that the whole price structure from 2008 is trapped between two parallel trend lines and that moves were quite choppy during this period. In fact, recent bullish reversal occurred exactly from the lower support line of that channel, which in many cases is forms an end of a corrective price action. As such, we believe that wave B)/2 is done, which was a complex double three formation and that dollar will trade much higher in coming months if not years, with wave C)/3) towards 88/90 area.




<< [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][463-469][470-476][477-481] >>