Article Archive | Page 399

May 18, 2017 at 07:39

GBPUSD is trading higher, breaking out of the triangle correction that was found in previous wave 4. As we know, triangle corrections occur prior to the final wave, which means…

May 18, 2017 at 06:32

GBP/USD is trading higher. Hourly resistance is given at 1.2989 (07/05/2017 high). Hourly support are given at 1.2831 (04/05/2017 low) and1.2757 (21/04/2017 low). An unlikely break of this last support…

May 17, 2017 at 15:35

EURUSD (Click to enlarge) 30 min (Click to enlarge) 4 Hours

May 17, 2017 at 10:26

Oh Canada! A Cold Wind Blows from the Great White North I am rushing this to you ahead of publication schedule as the message is both urgent and important. The…

May 17, 2017 at 08:08

On the Daily chart of USDCAD, we are looking at a seven leg correction that could be in final stages. That being said some weakness is already seen on lesser…

May 17, 2017 at 07:35

Short Term Elliott Wave view in FTSE Index suggests the rally from 4/20 low (7096.6) is unfolding as a zigzag Elliott Wave structure where Minute wave ((a)) ended at 7302.57…

May 17, 2017 at 06:08

Since OPEC announced the production cut deal at the end of November, industry analysts have been warning that rising production from producers outside the deal -- U.S. shale in particular…

May 17, 2017 at 05:42

AUD/USD has paused above key support at 0.7339 (intraday low). As long as prices remain below the resistance at 0.7608 (17/04/2017 high), the short-term technical structure is negative. Key resistance…

May 16, 2017 at 12:23

Here at the outset, I want to share with you an interesting observation we made last week of gold’s seasonal trading pattern. As you can see in the chart below,…

May 16, 2017 at 09:33

The silver price and the US Dollar/South African Rand exchange rate (USD/ZAR) have a very interesting relationship that goes back a long way. In the long run, the two move…