Tag: TECHNICAL ANALYSIS

Those of you, who have read “NZDUSD Approaching A Major Resistance”, know that we have been bearish on NZDUSD for a long time now....

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

Ten days ago, on June 1st, we published an article, called “USDCAD Ready For A Weak Week?”. As always, its title was inspired by...

AUDUSD rose sharply from 0.76 to 0.7818 yesterday. If we take a look at this rally on a 5-minute chart, we will see that...

The USDJPY bulls made a spectacular performance in the last two weeks. The US dollar rose from 118.86 to 125.05 against the Japanese yen....

In our previous analysis of USDCAD, published almost a month ago, we said that “we can prepare for a significant recovery in the near...

The pound proved to be one of yen’s strongest rivals in the last month and a half. The pair rose from below 175.00 to above...

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...

Every trader with enough experience in the market usually comes to the conclusion, that he needs a system of rules to go by. Rules,...

In the middle of April, EURJPY touched the lows of 126.00. A month later, it went close to 137.00. An 11-figure recovery may sound...

Less than two weeks ago, on May 6th, we published “EURUSD Parity Still Possible?”. With the EUR USD pair at 1.1236, we were expecting...

It has been more than a month since our last update on the gold market. In “Gold Bulls On The Losing Side Again?”, published...

January 15th, 2015, is a date some FOREX traders will never forget, especially those with positions against the Swiss franc.  “Business Insider” gives a pretty clear...

It has been almost a year since we published “GBPUSD, Not As Optimistic As It Seems”. 360 days ago, GBPUSD was trading close to...

Yesterday we gave you our insight on the exchange rate between the euro and USD, saying that EURUSD parity is still possible. But the...

In our previous post about EURUSD we came up with the idea of a triangle correction in progress. The invalidation level for that count...

April was not the best of months for the bulls on USDCAD. Not only the March top of 1.2835 remained untouched, but the pair fell...

We have already shown you “how to recognize an unreliable support” by using the Elliott Wave Principle. The thing is that this support, once...

The bulls took over the control over crude oil in the middle of last month and led its price above $59 per barrel as of...

After falling to 1.0460 in the middle of March, the bulls on EURUSD managed to fight back, which led the pair to 1.1050 in...

“Nokia agreed to buy out Alcatel-Lucent in an all-stock deal that values the French firm at €15.6 billion ($16.6 billion).” – The Wall Street...

About a month ago we published “Dow Facing Another “STOP” Sign, suggesting this US stock index might be ready for a large correction soon. Major...

Almost two months ago, on February 21st, we said that brent oil is likely to get more expensive, but needs a downside correction first....

Boeing Co. is another wonder-stock of the post-crisis years. It climbed up from $29 in 2009 to above $158 in February 2015. If you...

“Natural gas prices could go down to 3.00 or even lower during the next year or two.” This is the final sentence in “Natural...

“Procter and Gamble” finished 2014  with fireworks, flying high towards $94. Unfortunately, 2015 has been singing a different song so far.  In the middle of...

The last time we wrote about gold was February 17th in an article, called “Gold Bears Ready For The Last Fight”. The yellow metal...

FedEx Corporation stock has been one of the brightest stars of the post-crisis years. In March 2009, it plunged to $34. In December 2014, it...

Deutsche Lufthansa AG stock lost almost three euro per share since the 15.50 top it reached in the end of January 2015. We will...