Higher degree trend is bearish on GBPUSD, but price activity since December 2018 is overlapping, thus corrective. We are observing a three-wave correction (A)-B)-C)) in progress from the lows, ... Read More
Elliott Wave Analysis: AUDUSD and GBPUSD AUDUSD Aussie is on the rise, now seen in wave five after recent triangle formation in wave four, so ideally pair is in ... Read More
EURUSD On the updated count of EURUSD we see price trading in a possible zig-zag correction of a higher degree, with waves A and B already completed. Current bullish ... Read More
Crude OIL Crude oil found some nice support at 51.80 last week from where a strong recovery appears to be impulsive. Ideally that was wave 1, which found a ... Read More
Elliott Wave Intraday Analysis: Crude OIL and GBPUSD Crude OIL Crude oil is turning up perfectly from our 49-50 area which we highlighted it as an important support zone ... Read More
GBPUSD Since we can count five waves up on the GBPUSD, then current move to the upside could be blue wave b, if infact a flat correction emerges. This ... Read More
GBPUSD fell sharply lower four weeks back after vote counts for EU membership showed that UK wants to leave the Euro zone. Pair fell to a new low which ... 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
EURUSD We have US NFP report in a few hours which may have a strong impact on markets since it will tell us a lot about potential new rate ... Read More
GBPUSD GBPUSD keeps trading higher, but with overlapping price action, which gives us an idea that maybe this whole upward motive wave can be an ending diagonal. As of ... Read More
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