GBPUSD fell sharply lower two 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
Stocks recovered very nicely and sharply since mid of February so new bullish reversal is here. Reason for a bullish trend is a five wave rise from 1802 which ... 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
EURGBP EURGBP is trading in final stages of a five wave sequence of a higher degree. We expect one more corrective pullback in the blue wave 4 to 0.8130 ... Read More
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
USD Index As expected price made a nice reversal higher at 93.00 area where a three wave corrective retracement had completed. Now we think that price could already be ... Read More
German DAX DAX fell after the FED meeting together with other indicies. On the intraday chart, we expected a higher pullback but DAX did not find enough buyers to ... 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
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
EURAUD EURAUD looks very interesting for a possible trade on the long side. We keep this pair on the radar for a potential trade since we are close to ... Read More
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