In risk-off mode I am still observing potential xxx/Jpy pairs for shorts. The one that I like so far is GBPJPY but am still waiting on another push up ... Read More
AUDUSD can be trading at the start of wave C)(visible on 4h chart), specifically at the end of black sub-wave 1. We see wave one unfolding nicely to the ... Read More
USDCAD When Oil is on the rise that’s when Canadian dollar my benefit, so it’s a surprise to see a bearish count on USDCAD. What we see on hourly ... Read More
EURGBP EURGBP is also moving up this week, but recovery can be corrective from Feb 13 low. We are observing wave 2 which can be looking for a reversal ... Read More
On the Daily chart of USDCHF we are looking at a higher degree complex correction, a three wave A-B-C rise of wave IV, that seems to be in action ... Read More
Dow Transportations INDEX Dow Transportations are trading nicely to the upside, with price trading in the middle of a big red third leg, specifically in blue wave (iv) of ... Read More
EURUSD EURUSD keeps trading lower within a higher degree impulsive wave, now specifically in black sub-wave 4, that can be part of an ending diagonal, that usually shows up ... Read More
USD index was in big sideways pattern unfolding since start of 2015; slow and overlapping price action with a personality of a contra-trend movement that looks completed based on ... Read More
USDJPY has turned sharply lower last week, away from 105.50 area where we think that market accomplished a three wave rally up in wave C) that belongs to a ... Read More
Stocks closed much lower four weeks back, so it appears that a new bearish reversal of a higher degree is here; but that doesn’t mean that we have a ... Read More
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