On USD index daily chart we are observing a big sideways pattern since start of 2015; it’s slow, sideways and overlapping price action which is a personality of a ... Read More
Crude oil has a nice bullish structure on a daily chart where we labeled recent pullback down as wave four of a five wave rise from 26.00. We are ... Read More
EURUSD Good morning traders. Calendar is filled with UK stability report issued by UK central bank, durable goods and factory orders later in the US. Stock markets are marginally ... Read More
USDCAD has been trading quite aggressively lower few months back after a decisive break out of an upward channel connected from May of 2015 lows, which was an important ... Read More
Crude OIL OIL is in the corrective mode but near completion, as it seems. This corrective pattern, named a double zig-zag could complete around 47.50-70 area. We can count ... Read More
Gold bounced sharply this month from 1204 area where we see a completed corrective wave II/B, which can be labeled as a flat or even as a W-X-Y, but ... Read More
AUDUSD AUDUSD made five waves down from 0.7836 which is the most important and strong evidence of a bearish trend. But for now bearish impulsive trend is not ready ... Read More
USDCAD has been trading quite aggressively lower earlier after a decisive break out of an upward channel connected from May of 2015 lows, which was an important evidence for ... Read More
AUDUSD has turned down from 0.7834 high in May after wave C-circled completed a big corrective wave IV flat pattern. A flat has a 3-3-5 sub-wave structure, so it ... Read More
USDJPY is trading back towards the low now after a very sharp bearish reversal on Friday following bad NFP figures. Based on recent price action we see new lows ... Read More
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