Tag: fibonacci spiral

Pfizer Inc. stock closed last week at new multi-year highs near 36.71 dollars a share, breaching the previous top of 36.43. Such breakouts could...

Crude Oil was timidly trying to recover in the beginning of March, after falling to as low as 26.03 a month earlier. Just 3 months...

Britain voted to leave the European Union, causing the dollar to skyrocket against all major currencies. One of Brexit’s victims in the forex market was...

GBPJPY has been moving sideways between 151.65 and 164.10 for more than three months now, which has probably made trading this pair extremely difficult. Just...

The S&P 500 had its worst week since the middle of February. Last week the index managed to reach 2100, which gave hope to...

The world was hoping that the biggest oil producers were going to reach an agreement to freeze output during their meeting in Doha on...

It was not the best start of a week for the S&P 500. The index opened with a bearish gap and continued a little...

Yahoo! Inc. is ready sell its assets with Verizon Communications and YP Holdings among the candidates willing to acquire Marissa Mayer’s company’s core business. Mayer...

Last week was very disappointing for the S&P 500 bulls with the index falling from 2079 to 2033. And just when the bears thought they...

EURUSD initially fell to 1.1326 last week, but then managed to return stronger and climb to 1.1453. There has been plenty of news during...

The S&P 500 closed slightly below 2073 last Friday, April 1st, to end a week, during which the bulls managed to add another new high to...

It was March 23rd, when “EURAUD Could Be Aiming At 1.51” was published. The purpose of that article was to determine which one of...

The EURAUD pair has been in a downtrend for a month since February 11th. Then, on March 10th, the bulls woke up with a bang...

ECB’s policy decision produced fireworks in EURGBP on Thursday. The pair initially fell to 0.7651, but then rose sharply to 0.7848. Trouble is, this...

Citigroup Inc. stock climbed to 60.90 on July 23rd, 2015, but investors who bought near that level are probably banging their heads. Prices have...

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...