Gold •135 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •10 mins | 945.10 | +1.10 | +0.12% | |
WTI Crude •11 hours | 67.02 | -1.68 | -2.45% | |
Gasoline •11 hours | 1.949 | -0.032 | -1.63% | |
Ethanol •135 days | 2.161 | +0.000 | +0.00% | |
Silver •135 days | 30.82 | +1.16 | +3.92% |
Silver • 135 days | 30.82 | +1.16 | +3.92% | ||
Copper • 135 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 10 hours | 71.04 | -1.52 | -2.09% | ||
Natural Gas • 11 hours | 2.823 | +0.038 | +1.36% | ||
Heating Oil • 11 hours | 2.171 | -0.041 | -1.87% |
Contributor since: 20 Sep 2013
Gregor Horvat, based in Slovenia, has been in the forex markets since 2003. He is a technical analyst and individual trader who has worked for Capital Forex Group and TheLFB.com. He also is founder of forex services on www.ew-forecast.com.
A sharp decline from 0.8035 on EURGBP suggests a completed leg from 0.7795 that has unfolded in three legs. We labeled that recovery as wave…
Crude oil is turning down sharply down after making a new high that has been expected for a completed five wave cycle in wave c.…
A week back I already posted count for EURGBP when I highlighted ongoing complex corrective wave 4. I was looking for wave (c) rally as…
Traders, the USD is mixed ahead of US cash open. Currency is down against EUR and GBP but up against commodity currencies. The EURUSD is…
No change for gold; market could continue higher, towards 1200 as current slow move looks corrective, but we would love to see 1170 to stay…
It does not matter much if it's wave 1 or wave A, but when you have five waves from the low you know that something…
USD is mixed across the board but we see in a strong shape against the pound after BoE forecasts that the inflation rate will fall…
A strong move occur on Friday which must be an impulse, while slow and sideways move in three legs are corrections. Well, we can see…
Gold is trading sharply lower after breaking beneath 1182 level that caused an extended impulsive decline from 1255. Impulses are five wave patterns, and it…
No change on gold so far; move is slow and sideways so we see it as a minor correction within ongoing decline of wave (v)…
GBPUSD is trying to recover from earlier losses to 1.5864 which was probably wave (v) low and not wave (iii). The reason is a sharp…
US markets will open in around 30mins and looks like the direction will stay the same as last week. We see an impulse in progress…
The S&P has a wedge pattern from 1918 refereed as an ending diagonal in wave five so bearish reversal can follow in the next few…
Energy markets are trading lower today with crude oil at the lows as our complex fourth wave transformed into a triangle and not a zigzag.…
Nice reversal so far from 1255 where we called end of a five wave rally in wave (c). For now a decline from the top…
Usually you will see XXX/JPY pairs trading in the same direction as stocks. Well, stocks turned sharply up in this week so looking even higher…
Stocks have recovered much higher than we thought, so now we are wondering if rally from 1815 is wave C as part of a correction,…
10 year US notes are on the move and looks like we can see even more gains as yield is trying to go beneath 2%.…
EURUSD is at the highs on bad US data. We see now price moving up within much more complex wave 4) than firstly thought. One…
We do not track EURGBP much here, but I may personally keep an eye on it in weeks ahead as price could be pulling up,…