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
Stocks recovered very nicely and sharply since mid of February so new bullish reversal is here. Reason for bulls is a five wave rise from 1802 which is an ... Read More
USDCHF USDCHF is now trading higher with a third leg of recovery which can be even red wave 3) if we consider wave count on a larger time frame. ... 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
On EURUSD we were looking for a triangle pattern yesterday which has proved correct as price is already at new high now. We see wave c-circled in play now ... Read More
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 ... Read More
USDJPY Stocks were trading sharply to the downside yesterday which caused some strong buying of Japanese yen, but this can be changing now based on latest price action on ... Read More
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