Search Results for: BP
Elliott Wave Analysis On GBPAUD And CADJPY
May 31st, 2016
GBPAUD GBPAUD is in the process of an unfolding corrective pullback after a nice three waves of a higher degree to the upside. This pullback should mark the fourth wave and afterwards a possible continuation into wave 5). Support ...
Elliott Wave Analysis On GBPUSD And German DAX
May 27th, 2016
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 recent price action we believe that price can be in ...
Elliott Wave Analysis On EURGBP And GBPUSD
May 10th, 2016
EURGBP EURGBP remains bullish but only temporary with a three wave bounce away from 0.7736 which we see it as correction. As such, we will turn bearish after A)-B)-C) bounce towards 0.8000 resistance level. In the short-term however, price ...
GBPUSD: Big Corrective Bounce May Be Over; 1.3300/1.3500 Could Be In The Cards This Year
May 9th, 2016
Cable is in recovery mode for the past three months, but based on structure and personality of a bounce we assume it can be a corrective move. We are looking at black wave IV which is now showing us ...
Elliott Wave Analysis On GBPUSD And S&P500
May 5th, 2016
GBPUSD GBPUSD has turned sharply lower since Monday from 1.4769 where we see first signs of a top in place. Reason is a strong, impulsive decline and broken channel line connected from 1.4090 that puts bearish trend in play. ...
Elliott Wave Analysis: GBPUSD Potentially Reaching For 1.4600/1.4700 Where Upside Can Be Limited
April 26th, 2016
GBPUSD moved higher yesterday, even slightly above 1.4511 level which means that recovery since late February is not a triangle, but rather a three wave move. However, it’s still a corrective black wave IV which in fact may complete ...
Intraday Elliott Wave Analysis On Crude OIL And GBPUSD
April 11th, 2016
Crude OIL Crude OIL made a strong push to the upside last week, around 39.81, where we labeled this three wave rally as a correction in wave 2. That said we now expect a reversal into lower levels, that ...
Elliott Wave Analysis On GBPUSD And GOLD
March 30th, 2016
GBPUSD On GBPUSD price has turned sharply up which looks more like an impulse rather than correction. That said, we are looking higher now, but we need to be aware of pullbacks. Based on latest substructure we see price ...
Ex-Goldman Banker to Malaysia Fund Subpoenaed in U.S. Probe
March 8th, 2016
Prosecutors seeking information about state investment fund Outside law firm said helping Goldman review 1MDB dealings A former Goldman Sachs Group Inc. banker has become entangled in a sprawling investigation of the Malaysian state investment fund as U.S. authorities ...
GBPUSD : Recovery Within Downtrend
March 8th, 2016
GBPUSD is turning up sharply from 1.3830, clearly with an impulsive price action visible on the lower time frame charts which suggests that an extended five waves down from 1.5507 completed black wave III. We know that after every ...
