Tag: TECHNICAL ANALYSIS

Five waves to the upside on the 5-minute chart of GBPUSD means that we should expect new highs after the end of wave (2)/B...

On May 2nd 2014, “The Telegraph” published an article titled “Germany’s interest in Adolf Hitler at record levels”. Excerpts from it are given below....

On the 30-minute chart of Daimler AG’s stock we see a clear impulsive decline in five waves from 71.25 to 63.95 euro per share....

The tension between Russia and Ukraine has been in the media for quite some time now. Usually when there is a conflict or some...

The EURCAD pair finished its ending diagonal at a price of 1.5582 and then declined to 1.5000 in impulsive fashion. Normally, a correction to the upside...

Coffee has been in a strong uptrend during the last five months, climbing up from 100 to above 217, which was quite impressive. But...

EURUSD seems to have finished its three-wave A-B-C zig-zag decline. Pay attention to the fact that the 61.8% Fibonacci level reacted as a support...

On April 24th we showed you an intraday trading idea, suggesting that EURGBP should make a new top on the 15-minute chart. As you can...

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....

The Swiss Market Index was among the many, which took a hit during the 2007-2009 global stock market crash. On the 10th of June...

In our last analysis we were expecting an upside move in EURUSD and the pair really did rise, but the rally was limited to only...

EURGBP made a small impulsive five on the 15-minute chart, followed by a three-wave decline. Wave (3)/C to the upside should start soon, which...

A month ago, on March 23rd, we showed you this chart from our forecast on sugar: As the chart shows, we were expecting wave B...

If you read our articles regularly you probably know what we are looking for – five waves in one direction, followed by three waves...

On April 13th EURUSD was at 1.3885 and the majority of traders was still looking for higher levels. We, on the other side, were expecting...

In our previous forecast on USDJPY we suggested that the rally to 104.11, despite being quite strong, should be only a correction of the larger...

Boeing Co.’s stock declined from 144.50 to 118.76 and has been moving sideways ever since. If we examine the fall we will see that...

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

Since the failure of Mt.Gox, the worlds biggest Bitcoin exchange, the product “virtual currency” has not been seeing any huge gains. Other exchanges like...

The Australian ASX 200 took a hard hit during the 2007-2009 crash falling from 6852 to 3122. Currently in the vicinity of 5450, you...

On March 30th we showed you our big picture outlook on EURUSD, in which we stated that the European currency may be near a major...

Music is an art form, which reflects different types of emotions through its melody and lyrics, which have their mission to express and recreate...

On the chart below you can see the impulsive decline in silver from 22.17 to 19.20. As you can notice, the whole three-dollar move...

Microsoft’s stocks declined by nearly 3 $ from 41.65 to 38.85. However there seems to be no reason to worry, because in our opinion,...

This article is an overview of the “black” days in market history and has its task to explain what happened then, why people called...

EURUSD rose significantly from 1.3670 to 1.3905. This move fits perfectly in our big picture outlook, as wave “a” of wave 3 of an...

In our previous analysis on USDCAD we were expecting wave 5 to develop, once wave 4 is complete, probably in the form of a triangle....

Facebook, Twitter and LinkedIn are among the biggest internet companies and still they are loosing big chunks of value. Facebook is one of the...

AUDUSD made its last top at 1.1080 in the end of July 2011 and declined by more than 24 cents to 0.8650 in just...

On March 11th we showed you our analysis on GBPUSD. We were then considering a double zig-zag correction under construction, with waves “b” and “c” of...