Tag: fibonacci retracement

Gold just rose to $1272.42 so far after being trapped in a consolidation for about three weeks. Could this breakout be predicted? Could we explain it...

The Elliott Wave Principle is a market forecasting method, based on pattern recognition. If an analyst is able to recognize a pattern on the...

AUDJPY, currently trading around 81.25, has been rising since February 11th, when the pair touched 77.58. What should we be thinking about this recovery...

More than a month ago, on December 23rd, 2015, we published “Intel Poised For a Noteworthy Pull-Back?” to warn you about “a decline of...

The IBEX 35 is Spain’s benchmark stock market index. It was initiated in 1992 and consists of the 35 most liquid Spanish stocks. With Spain still...

Wells Fargo & Co.(WFC) climbed to an all-time high of 58.74 in July, 2015, but it has been a rough ride for the stock...

The Dow Jones Industrial Average(DJIA) is probably the most important benchmark stock market index in the world. As such, every move it makes is...

On December 15th, 2015, we published an article, called “Gold Ready for a Post-FED Explosion?”. The FED was about to raise interest rates on...

EURJPY rose heavily after the ECB ‘s policy statement on December 3rd. However, soon after that, the pair started declining again, reaching the lows...

The world is waiting. The FED is expected to hike rates for the first time since 2006 this Wednesday in what is thought to be...

Yesterday we posted an article, called “AUDUSD Bulls Aiming Higher”. We thought the pair has the potential to grow, because we recognized something on...

Elliott Wave patterns can be found on all degrees of trend, even on the smallest time frames. The AUDUSD exchange rate seems to be...

On September 20th, we published “EURUSD Next Stop: Parity”, saying that “EURUSD might plunge to a new low, below 1.0460″. It has been more...

On September 2nd, we published “AUDNZD With Great Growth Potential”. However, one of the two most probable counts suggested “the pair could fall as low...

Less than a month ago, on September 16th, we published “The EURCAD Saga Continues”, saying that “the exchange rate is likely to plunge below...

It’s been a little over five months, since we published “USDCAD Bulls Are Waking Up” on May 3rd. In that article we shared our...

Crude oil rose from 38.50 to 50.03, before falling to 43.85 again. The black gold has been consolidating ever since, which makes us wonder when...

In “EURUSD, Well Done. Now What?”, published on August 24th, we suggested “the euro might climb to 1.16, before the bears return.” As it...

On April 6th, 2015, FedEx stock was trading near $166 per share, but in “FedEx Bulls Not Giving Up Yet” we shared out thoughts...

On the 15-minute chart of palladium there seems to be an almost finished Elliott Wave cycle. A five-wave impulse to the south from 604...

“USDJPY might lose another 400-500 pips in wave 4 of (5), before wave 5 of (5) to the upside begins. You might want to...

On May 16th, when gold was trading near $1225, we published “Gold Prices Facing Fibonacci Resistance?”, saying that “the yellow metal could lose another...

NZDUSD bottomed at 0.6620 and bounced up to 0.6770. This recovery was immediately followed by a new decline to 0.6684 so far. What to...

“We should prepare for more USDCAD strength from now on. Levels around 1.26 or higher should not be surprising.” This is an excerpt from...

It’s been more than a month since the price of silver topped at $17.75 on May 18th. The bears have been in the driving...

In our previous analysis of EURJPY we said that “the count would need to be reassessed, if the EURJPY exchange rate returns above 137.00.”...

A month ago, on May 18th, we published an article, called “EURUSD To Confirm Bearish Reversal”. EURUSD was trading close to 1.14, when we...

Elliott Wave patterns can be found on all degrees of trend, from the largest to the smallest. Platinum is giving us a great example...

The Elliott Wave Principle is known for its ability to help traders and investors analyze both short and long term charts. This is possible,...

In our previous post about crude oil we thought the “black gold” is in a post-triangle wave 5. That is why we said it was not...