Hello Dear Traders & Welcome to Growing Forex (Try Creating Pockets). The EUR/USD pair consolidates near its recent highs, having held below 1.0820 during the Asian session and now trading near a daily low of 1.0782 early London. Attention is centred on equities, sharply lower in the region after yesterday's Wall Street slump. The lack of progress of the Trump...
It comes to me as no surprise as an elliottician when I published USDJPY report showing triangle which turned into a flat correction, which is 3-3-5 wave sequence because the end result was supposed to bloom. An up move of 1000 pips in the UJ- Amazing. Running or Current Analysis- UJ- Imporatbce of Support & Resistance-109.75 Is 109.75-- will 3rd wave...
EURUSD has gotten into a triangular hole, is not the best place to be today, many stops to play, guaranteed volatility, traders today is day of Band-Aids. Be careful and clever, follow the direction not the twists !! www.fxstreet.com www.fxstreet.com www.fxstreet.com
The most common situation is that the price will stop here until tomorrow when you leave the NFP data. Best rest easy, promises movement. www.fxstreet.com
The graphic that everyone follows. Withdrawing money to the market without volatility is not easy, and not everyone knows how. Stay current on www.FXStreet.com
Far negative net volume level, followed by corrective movement, does it make sense or not? It seems appropriate to close positions or hedge with options time. When the market does not teach his game, it is more likely that we are the ball. www.fxstreet.com
The appearance of divergences detracts possibilities to reach a downward path. FXStreet.com
Technical analysis can be used in any data series. In this case the application in fact is inflation we see fairly clear upward or lateral bullish signs.
Today promises to be moved into the WTI, with the possibility of wide ranges of price day. The underlying trend is bullish, but a cut after sharp rises is very healthy. www.fxstreet.com
VIX S&P 500.Fibonacci Speed Resistance Fan. "Any tool to apply the Fibonacci sequence helps us find sections "roads" where the asset will move." FXstreet.com
As we've stated in our previous analysis, we expected AUDUSD to continue rising towards its 61.8% retracement level. But price declined to as low as 0.7330. We still anticipate aussie to rally to 0.7570 before trending down. A break from its bearish channel (red) would give us a clue.
Unlike Gold, Silver may still move one step high reaching 17.55 before turning bearish.
USDJPY, as shown below, managed to break below red bullish channel. This may suggest that price is starting to correct down towards 109.40-109.20 after which it will move up once again before finishing its corrective move downward.
Cable it seems is still contained inside a bullish channel. Price already retraced past its 61.8% retracement, and could still go on. Invalidation level is set at 1.4769 which when breached, will make us stick to our alternate view.
EURUSD is believed to be on its corrective stage. Temporarily, price is anticipated to go up, around 1.1216 - 1.1240. Overall, trend is still down.
AUDUSD movement did not manage to reach the correction anticipated. Instead it continued lower. Still, price may post for awhile around 0.7155 area before correction starts. eeetradinganalysis.wix.com
AUDUSD can still go upside reaching 0.73350-0.74080 as long as previous low 0.72445 holds.
Short term, we are long but limited. For details, check our website for more #free charts: eeetradinganalysis.wix.com