AleksandrLombrozo

AleksandrLombrozo

The plunge of the dollar might very soon be over for a large correction or a complete reversal. DXY has possibly formed an ending diagonal. In Fractology we define this pattern as a terminal one which tends to happen when the market is deeply high or low. The dollar index is not possible to trade. It consists of several pairs with the following weight on...

AleksandrLombrozo

Earlier Fractology published its bullish view on USDCAD. We were wrong to expect an upside move that soon. As of now, Fractology does not change its bullish analysis and we keep on looking for buying opportunities. On the chart above there is a chance of forming an expanding ending diagonal which has no other choice but to resolve up. Secondly, any chart rejects...

AleksandrLombrozo

USDJPY has a potential to turn around and go down during next few daily sessions. The point is that on a daily timeframe the pair is about to finish an enormous corrective structure which is known as a flat. The question at the moment is whether the price touches the May high and comes down OR goes slightly beyond the high and then crumbles down. Fractology...

AleksandrLombrozo

The pair might soon experience an abrupt change to the downside. Firstly the whole move tho the upside did not have much of a correction which would be commensurable in time and price. Secondly, the pair is potentially positioned in wave B. This causes us to think that there will be a C wave down. Thirdly, GBPJPY is forming a pattern which Fractology identifies...

AleksandrLombrozo

Since our last analysis on USDCAD ( ) we have been selling this pair for a couple of weeks. However, it is high time for the whole move down to be corrected up. The pair is heavily oversold and any new low might be the last. It is reasonable to look for buying opportunities under these circumstances. Therefore whenever the price breaks the trendline and...

AleksandrLombrozo

The pair is forming a termination pattern which could mean a major correction of a downtrend or a complete reversal. The downtrend becomes exhausted and the price is less volatile. Therefore price behaviour is featured by small up and down moves, which finally resolve up. However, it is reasonable to wait for a breakout from the current pattern and a small...

AleksandrLombrozo

The chances are very high the pair will come down in the nex few sessions. The impulse-correction relationship is very obvious on the chart. This brings us to a conclusion that there is going to be at least one more down move back to the trendline. However trading this pair might require experience and skills. This night the RBNZ (the Bank of New Zealand) decides...

AleksandrLombrozo

CADCHF is completing a pattern which brings us to a conclusion that the pair will come down. There is a chance the pair will make one more high before turning the direction. The outcomes of the move might be significant. It might come down as low as of early June 2017. Otherwise, the pair will make three legs of correction and go up for another...

AleksandrLombrozo

Some crosses might correct a bit while majors move (like this one - www.fractology.biz ) Buy if price breaks the trendline and correct a bit

AleksandrLombrozo

Some crosses might correct a bit while majors move (like this one - www.fractology.biz ) Sell if price breaks down the trendline and correct a bit

AleksandrLombrozo

Following our post on USDJPY long-term analysis - www.fractology.biz Fractology would like to deliver another piece of forecast with very high chances of occurring. Our first-in-series analysis has its aim to describe the first impulse in the structure. At the moment price shows signs that it might start the second impulse and complete the structure. As...

AleksandrLombrozo

NZDUSD has probably reached the top where a correction or a reversal is highly probable. Therefore it would be reasonable to wait for pattern breakout, a small correction and comparatively big down move. One more high is possible in the current setup.

AleksandrLombrozo

Weeks ago We published our bullish view on EURGBP. (Check the link - www.fractology.biz ) Since then the pair has risen up more than 5 percent. It was a spectacular chance to increase your trading account. At the moment We have revised the analysis and expect a complete reversal. This should become possible within an enormous daily zigzag move which represented...

AleksandrLombrozo

Fractology would like to advise a short-term selling opportunity for two pairs which are forming similar setups. These are EUR/JPY and CHF/JPY. The charts on both pairs are in a corrective phase which is not finished. Therefore it would be beneficial to sell the breakout of the current small corrective flag. If that happens tt would practically mean the...

AleksandrLombrozo

Some months ago I published an idea on XAUEUR . It clearly stated that the pair is heading down. This is to update and refresh our minds on how the market works and how our traders in Fractology use it for their benefits. If you know that there is an impulse, you will have another one with a period of correction amidst. At the moment XAUEUR is forming a flag and...

AleksandrLombrozo

The chances are very high US DOLLAR INDEX surges up soon. There might be several reasons for that: 1. Price is oversold. It came down fast without any correction. 2. On an hourly chart, the price is forming a pattern which usually features a correction or a complete reversal. 3. Our analysis of major US dollar peers indicates they are losing their ground and...

AleksandrLombrozo

EURUSD has been under a lot of buying pressure for the last two weeks. Fortunately, markets do not move in straight lines. Markets give us a chance to enter short positions when a price is heavily overbought. I assume such overbought conditions are clearly visible on EURUSD chart. In terms of wave theory, it is highly likely the price will go down if it violates...

AleksandrLombrozo

This post is to advise to look for short opportunities in this pair. Wait for a pattern breakdown, correct itself and sell down to the trendline. However, I would advise having a look at AUDNZD and AUDJPY for buying opportunities.