OIL ($CL_F) Elliott Wave : Forecasting The Decline From Equal Legs Area
Hello fellow traders. In this technical blog we’re going to take a quick look at […]
BTCUSD Crawls Above 17,000; Bullish Action Limited
BTCUSD (Bitcoin) pierced through its simple moving averages (SMAs) for the first time since the […]
Trade Idea: Gold Breakdown
A comparative examination of the strength of the US-Dollar often gives tangible insight into the […]
Trade Idea: Is the US Dollar’s Struggle Over Yet?
The US Dollar has been remarkably sluggish for the past few weeks despite being within […]
USD/JPY: Pullback Acceleration Adds to Signals of Reversal
The USDJPY accelerated lower on Friday after a triple daily Doji, adding to signals that […]
GBP/USD: High Probability of Price Collapse to a Minimum of 1.0925
GBPUSD formation suggests the formation of a global corrective trend – a triple zigzag w-x-y-x-z, […]
GBP/USD: Cable Keeps Positive Tone Above 200DMA But Weekly Doji Warns
Cable remains constructive and extends bounce from 200DMA on Friday, retracing over 61.8% of a […]
Dollar Index: Dollar Remains at the Back Foot on Renewed Recession Fears, Fed in Focus
The dollar index holds in red for the third day and threatening to fully retrace […]
USDCAD Rests Near 50-day SMA Above Downtrend Line
USDCAD is still trading above the short-term descending trend line and the strong 50-day simple […]
GBPJPY Poised to Breakout from Triangle
GBPJPY is looking for a breakout from the upper trendline of a symmetrical triangle at 167.10 after a gradual […]
EUR/USD Pair Tested the 1.0585 Level Before the Bears Appeared
The Euro started a fresh increase above the 1.0500 and 1.0520 resistance levels against the […]
USD/JPY Faces Uphill Task, This Resistance Is The Key
Key Highlights USD/JPY corrected higher from the 133.60 zone. A crucial bearish trend line is […]