SP500 Elliott Wave [Video]
SP500 Elliott Wave SP500 Elliott Wave: Wave v of (c) or (iii) to 3000 Trading Levels: 3000 is a Major Trading Level. The market is currently support by SG2 which…
USD/JPY Confirms Uptrend with Higher...
The USD/JPY bullish price action and break above the resistance trend line (dotted red) could finally indicate a trend change from bearish to bullish. USD/JPY 4 hour The USD/JPY seems to have completed a wave E…
Optimism Back to Stocks Markets
The optimism returns to stocks markets backed by China, and the United States that agreed to meet in early October. This Thursday, the two largest world economies accepted to hold a high-level meeting in Beijing. The meeting…
AUD/JPY Could Go Higher on...
The AUD/JPY has a trend change and we could see the W H3 as the first target. However, the scope of a full move is also a bit higher. 72.60-90 is the POC zone where we should…
Trade Setups in Forex, Buckle...
On Thursday, the global financial markets are trading the risk-on sentiment, which has triggered a reversal in the safe-haven asses such as Gold, Japanese yen and Swiss Franc. Lately, the U.S. Commerce Department imposed up to 141% …
EUR/USD Rebound Facing Resistance Near...
Key Highlights The Euro started an upside correction from the 1.0925 low against the US Dollar. EUR/USD is facing resistance near 1.1080 and a bearish trend line on the 4-hours chart. EUR/USD Technical Analysis Looking at…
Forex Technical Analysis and Forecast:...
EUR/USD, “Euro vs US Dollar” After finishing the first descending impulse at 1.1020, EUR/USD has completed the correction at 1.1052; right now, it is forming the second descending impulse with the predicted target at 1.0977. After that,…
AUD/USD technical analysis: Sits near...
US-China trade optimism continues to underpin the China-proxy Aussie. Sustained move beyond 0.6880 hurdle needed to confirm bullish bias. The AUD/USD pair added to last week’s strong recovery gains and continued gaining positive traction for the fifth…
EUR/USD Forecast: downside alleviated beyond...
EUR/USD is seen sidelined ahead of the ECB event (Thursday). Probable extra ECB easing expected to cap rallies. Bearish view looks unchanged while below the 55-day SMA. The cautious tone around the shared currency remains well and…
Gold technical analysis: Set-up might...
Bears challenge a 5-week old ascending trend-line amid risk-on mood. A sustained break below $1500 mark needed for bearish confirmation. Gold edged lower on the first day of a new trading week, with bears still awaiting a…
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