Tag: FOREX TRADING STRATEGIES

July 24th 2012. The Eurozone is trembling in an unseen debt crisis. In the same time the Euro barely manages to stay above 1.20...

USDCAD looks quite strong after a rally of more than 170 pips. Could this strength be deceptive? Traders may be willing to find out....

The smallest time-frames are usually observed by daytraders. If you are one of them, this article may be helpful. The GBPUSD rate managed to...

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

The GBPUSD exchange rate dropped by more than 1100 pips during the last two months. Traders are probably wondering if it is time for...

EURUSD is approaching 1.30, but is this a reason for optimism? Traders are probably eager to know that. The EUR USD rate managed to recover...

The AUDUSD currency pair fell by more than 100 pips during the last two days. This forecast suggests that the weakness is not over....

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...

After showing you the bigger picture of NZD USD last week, now it is time to go deeper into the details. The 15-minute chart...

According to the Elliott Wave Principle, trends move in waves – five waves in the direction of the larger trend, followed by three waves...

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

“There is still some room for NZDUSD to reach 0.8850 – 0.8900, but if this happens, it should not be taken as a bullish...

If you have been studying the Elliott Wave Principle, you probably know that once you have a complete five-wave sequence, you should expect a...

USD JPY has been extending its correction a few times during the last six months. Nevertheless, it was unable to reach 104.95 so far,...

In our previous analysis of EURUSD we said that the pair could revisit 1.35. We still think so, but it looks like there would...

It was 3rd July 2014, when we said that AUDUSD begins a corrective decline. Things have been going according to plan so far, with...

The area around 101.00 proved to be a very strong support level for USD JPY, since the pair jumped up from it three times...

The 15-minute chart of EUR GBP shows a clear 5-3 Elliott Wave cycle. According to the theory, we should now expect another five-wave decline...

It has been a long way down for EUR USD since the last major top, which occurred near 1.40.  Currently around 1.3350, the time...

GBPCHF has been in a strong uptrend for a long time now, but recently fell down from 1.5430 to 1.5209. Should you buy the...

On May 17th we published a long-term forecast called “GBPUSD, not as optimistic as it seems“. In that material we assumed that GBPUSD is...

On July 23rd we showed you a forecast of GBP JPY, saying that there should be one more wave left to the south before...

On July 24th, we showed you a forecast of the AUD USD currency pair, saying that “we expect another sell-off in AUD USD soon....

On July 14th we published an intraday analysis of GBPUSD, titled “GBPUSD with one last move to the north”. In that piece of material...

What every Elliott Wave analyst wants to see is a five-wave sequence, followed by a three-wave decline. In other words, the common 5-3 Elliott Wave...

On the hourly chart of AUDUSD we can see the typical 5-3 Elliott Wave cycle. The interesting thing is in the shape of wave...

On the 1-hour chart of GBPJPY we can see a very clear double zig-zag pattern labeled W-X-Y, with its wave Y still unfolding. It...

“On the 15-minute chart of USDJPY there is a perfect impulse to the south, which means that the corresponding three-wave retracement should be in progress...

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

“If this is the correct count, target around 1.3520 should not be a problem. The invalidation of this intraday scenario is at 1.3650.” This...