Tag: fibonacci

Palladium bounced up sharply from the bottom at 735 and is currently trading above 800. This renewed bull’s strength comes after a decline of...

Deutsche Bank predicts 0.9500 for EURUSD by the end of 2017. According to Goldman Sachs Group Inc., the Euro will reach parity with the...

Gold touched the important support level of 1180 for the third time in the last 16 months. How long can traders and investors expect...

EUR USD rate touched 1.25 on Friday last week, but managed to recover and is currently trading around 1.2640. How high should traders expect this...

Four days ago, on 2nd October, we showed you an analysis of the GBPCHF exchange rate, expecting it to fall to 1.53. Those of...

The last time we talked about crude oil was on 12th September in an article, called “A Major Bottom for Crude Oil Prices?”, where...

What is a support level? The support level is an area below the current price, which has prevented it from falling further in the...

AUDUSD lost more than 500 pips since the beginning of July. “Should we expect a reversal or the decline is set to extend?” is...

McDonald’s’ recent 13-dollar sell-off caught many investors unprepared. If you are one of them, you may benefit from reading this. “So, the Elliott Wave...

USDCAD declined as expected. Another drop-off is probable before the recovery starts. Traders may find this article helpful.  USDCAD was close to 1.10, when...

On July 2nd we published “USDRUB ready to resume the uptrend”, saying that “having the wave structure and the Fibonacci level in mind, we...

Regardless of how big of a time frame, five-wave impulses show the direction of the larger trend. On the 15-minute chart of Goldman Sachs...

Those of you, who have walked through our Education section, may have seen an article, called “Expanding flat and how to avoid its traps”....

The Fibonacci Golden Ratio can be found in numerous fields of life – cosmos, weather, heartbeat, DNA structure, plants, animals and even the human...

According to The Elliott Wave Principle, five-wave sequences show the direction of the trend. Those patterns are called impulses. After every impulse, a correction should...

Every Elliottician is more than happy, when he spots five waves in one direction, followed by three waves in the opposite. Especially if it...

First of all, before starting the analytical part of this article, we at EWM Interactive, would like to express our condolences to all relatives...

In the middle of March 2014 USDRUB reached 36.716, but has been declining ever since, falling to as low as 33.540. We will use...

Gold topped at 1285 and went down in five-waves to 1258. This means that the rally, which is currently in progress should be only...

“Long positions pay-off well, if they are opened near the 61.8% Fibonacci level. The invalidation level is 87.80, while the minimum target should be above...

“We expect USDCAD to start rising from current levels. This count would be invalidated, if price falls below the start of the impulsive rally...

On the 30-minute chart of USDCAD we are able to count a clear five-wave impulse in the upward direction, followed by the natural corresponding retracement...

The Fibonacci proportion is everywhere. You have seen it many times, but probably you did not notice. Here is an infographic about its magic...

On April 8th we published an analysis on crude oil, in which we were expecting a decline soon. We were preparing for a sell-off, because...

On the 1-hour chart of the China ETF we can see a very clear impulsive five to the upside with an ending diagonal in the fifth wave....

Five waves up and three waves down means we should expect another impulsive rally in AUDNZD soon. Invalidation level at 1.0838.

In our previous analysis on crude oil we stated that prices could go higher, if the market decides to make wave (2)/B more complicated. On...

It is not difficult to get emotional about trading. And as many of you probably know, emotions are rarely helpful, when you have to...

The Elliott Wave principle is a form of technical analysis, which is used to analyze market trends, locate extremes in investors’ psychology and forecast...

GBPUSD formed a top at 1.6822 on February 17th 2014 and has been in corrective mode for more than a month, bottoming at 1.6460...