technical analysis

market psychology

Technical analysis and market psychology

  This article examines the relevance of technical analysis to today’s financial markets. Its genesis springs from two branches, Dow theory and the Elliott wave principal. Originally, Dow theory ... Read More

Pound to Euro: Bank of England in Focus in Week Ahead

The main event in the week ahead for GBP/EUR is the meeting of the Bank of England on Thursday. There is not expected to be any changes in policy ... Read More
audusd 4 hours

AUDUSD Reaching For 0.7800/0.7900

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
USDCAD analysis

Elliott Wave Analysis On AUDUSD And USDCAD

AUDUSD AUDUSD keeps moving higher probably in impulsive fashion if we consider strong rally from 0.7107. It also looks like an extended wave which typically occurs in the middle ... Read More

Top Stories of the day June 26

1. Citigroup Inc (C.N) will combine its retail banking and mortgage operations under Jonathan Larsen, according to an internal memo seen by Reuters, in the second senior promotion for ... Read More
crudeoi13-01 Chart

Elliott Wave Market Overview: EUR, GBP, WTI, DAX

Elliott Wave Market Overview: USD is still consolidation on several major pairs, but sooner or later larger trends should resume. EURUSD and GBPUSD can still be trapped in fourth ... Read More
AUDUSDDaily 17/12

Wednesday December 17: OSB Daily Technical Analysis – Currency pairs

OSB Daily Technical Analysis for December 17, 2014 EURUSD rallly broke above the 50 DMA intraday with resistance at 1.2570 holding strong keep the 1.2600 level out of reach ... Read More
FTSE 12-12-14 in

Technical Analysis: Indices – Dec 12

Technical Analysis for December 12, 2014 SPX retraces to 2050 level but eventually back to 2030 level. Next lower target will be 2000 level and a break of this ... Read More
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Technical Analysis: Commodities – Dec 12

Technical Analysis for December 12, 2014 XAU/USD trapped in a new trading range around 1225 – 1235 but attempts to break lower under 1220. Next lower target will be ... Read More
nzd usd 12-12-14 in

Technical Analysis: Currency pairs – Dec 12

Technical Analysis for December 12, 2014 EUR/USD moves downwards to 1.24 level and breaks to 1.237. Currently it is gaining the lower momentum and will keep pushing sideways around ... Read More
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