AUDUSD broke higher recently, up into wave C-circled that is part of a big corrective wave IV which looks like a flat. A flat correction is a 3-3-5 pattern; ... Read More
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) ... Read More
GOLD Gold is moving sharply to the upside since end of last week, now trading at new highs after strong break above the upper triangle line connected from 1283. ... Read More
USDCHF USDCHF was trading sharply lower for the last week or so, after pair completed wave 4) corrective rally near 0.9780. This recovery is part of a big ending ... Read More
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 ... Read More
The dollar is mixed across the board ahead of the FOMC statement later today, so we definitely want to wait on any news to confirm bear or bullish trend ... Read More
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 ... Read More
S&P500 E-mini S&P500 is back at the highs, now already in black wave 5 of 5) about that we talked in our recent updates. Price is also now approaching ... Read More
EURAUD EURAUD made a nice intraday bounce up to 1.4800 today and touched 38.2% where corrective bounce can be finished. Keep in mind that big picture is pointing down ... Read More
EURAUD EURAUD is looking very nice here; we have three waves up to 1.5220 area from where a strong decline has a personality of an impulsive decline. It’s a ... Read More
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