Dear Traders, The EUR/NZD has been supported above the important level. 1.7055 is the W l3 and historical support pivot.
Dear Traders, USD/CHF is near historical rejection zone, 1.0020-25 near +1/8 MM Octave. We might see high momentum rejections in the POC zone if price makes a bearish reversal candle
Hi traders, The retracement in EUR/JPY has come to important POC zone. 124.60-85 is the zone where the price might reject.
The AUD/USD has formed a bullish zig zag pattern that is clearly visible with the ascending trend line, rejection candles and upward motion( arrows are trading signals based on CAMMACD
Dear traders, The USD/JPY, popular “Ninja” is on its way towards 112.00 zone and below. The pair has started a bearish movement and I expect a further bearish continuation.
Dear Traders, As I have promised, today you will see the new strategy that is simple and suitable for intraday and scalp trading. Before I developed the CAMMACD I was
Hi traders, The AUD/USD should make a bullish continuation move after a pullback. The POC zone stands in-between 0.7200-30 and traders should watch for potential bounce.
Hi traders, The GBP/USD has made a retracement to 1.3100 zone but the rejection from 7/8 MM pivot point suggests a possible continuation to 8/8 and +1/8 but only if
Hi traders, The EUR/USD has bounced after breaking out from bullish SHS pattern. At this point its at 0/8 Murrey Math strong resistance which is in confluence with M H4
Hi traders, The EUR/CHF has reached 8/8 Murrey Math resistance that forms a confluence with camarilla Pivots – W H3 and M H1.
Hi traders, The NZD/USD has formed a bullish pennant above 6/8 Murrey Math and M H4 Camarilla Pivot. We might see uptrend continuation.
Hi traders, The GBP/JPY has made a strong uptrend move and at this point we see a consolidation. Next bullish impulse is possible.
Hi Traders, Did you ever wonder what the MACD actually represents? The beauty of the the MACD is that it’s a trend-following and trend-capturing momentum indicator that shows the relationship
Hi traders, The EUR/USD has formed an ascending scallop pattern and for continuation it needs to break and close above 1.1440.
Hi traders, The GBP/USD has made a direct bounce prior to MPC Official Bank Rate Votes. The bullish impulse is still a retracement in downtrend. According to Dominic Raab (Secretary
Hi traders, The USD/CAD is consolidating in the upper part of the chart precisely above W L3 camarilla pivot and 5/8 Murrey Math.
Hi traders, The EUR/JPY has formed a confluence below resistance which is marked by Camarilla Pivots and Murrey Math octaves.
The EUR/NZD has formed a downtrend and it still capped below the descending trend line. For a further continuation down the pair should close below 1.7424.
Hi traders, The EUR/CAD has formed a flat top triangle below the trend line that coincides with both Murrey Math and Camarilla bearish levels.
Hi traders, The EUR/GBP has formed a bearish divergence close to D H3 and W H5 so we might see a rejection soon.
Hi traders, The GBP/AUD has broken through the bottom part of the descending flat bottom triangle and we can see that the price is making a consolidation now. W L4
Hi traders, The USD/JPY has formed a pinbar at the W L4/D L4 and could start a new upmove correction towards D H4 and eventually D H5.
Hi traders, The EUR/JPY has a bearish SHS pattern (head and shoulders) that it’s going all the way down driven by Asian Yen safe haven flows.
Hi traders, The ETH/USD has formed a bearish congestion at the upper resistance zone close to H4 upper Bollinger Band and a descending trend line.
The AUD/JPY has formed a bearish zig zag with a descending trend line that is breaking through the POC zone. We could see another bearish move during Asian session.
Hi traders, The EUR/USD has formed a regular bullish divergence straight at D L3 and H4 Lower Band. We might see a countertrend move if the zone holds tight.
Hi traders, The AUD/USD has been mildly bearish as we can see from the current PA. However its mostly ranging without any cues of breaking the range. However that might
Hi traders, The GBP/USD has formed a bearish side step (zig-zag) on 4h Bollinger bands whereas MACD is also bearish.
Hi traders, The USD/JPY has been stuck in a range. Yesterday’s drop was cause by a stop triggering below 112.40. Similar thing happened with equity markets but the drop was
Hi traders, The EUR/CHF has formed a range bound channel that is clearly seen as flat Bollinger Bands lines and flat MACD. The range is currently between two important camarilla
The BTC/USD has been consolidating within an elongated triangle and at this point it is very close to it’s apex. We might witness a breakout soon.
Hi traders, The NZD/USD has been consolidating in a tight range after a bullish bounce, and we could see a potential counter trend move if the price fails to close
Hi traders, The USD/JPY has formed a possible bearish continuation pattern if it closes below the W L3 support at 111.63. However, a correction is still possible.
The EUR/USD has formed an ascending trend line that is holding the trend in place. The POC zone 1.1560-70 could show fresh buyers for the pair.
Hi traders, The EUR/JPY has formed an obvious ascending trend line at support and the price is looking bullish. W L5 & M L4 are supporting the rising trend line.
Hi traders, The NZD/USD has been contained within a range bound market conditions, waiting for a clear direction.
Hi traders, The GBP/USD has formed a swing above previous retracement highs and we could see a new bullish momentum.
Hi traders, The GBP/USD has formed a POC zone within W L3 W L4 and trend line confluence. The price could go up if we see a close above 1.3000.
Hi traders, The GBP/JPY has been performing at the top of the range since Sep 20. As long as W L3 holds, the bulls are in control.
Hi traders, The EUR/USD formed a possible counter trend pattern that has been spurred by London Open bullish momentum.
The USD/JPY has hit the target that I announced on our Telegram channel and now we see a possible continuation to the upside. Bullish continuation suggests further upward momentum, but
Hi traders, The USD/CHF has made a POC zone exactly at the W H4/ M L1 confluence zone. 0.9645-55 is the spot where we might see a continuation.
Hi traders, The USD/CAD downtrend is still intact. At this point we might see some buying before another rejection at W L3.
Hi traders, The GBP/USD is bullish and we might see a continuation move towards 1.3320.
The NZD/USD has formed an inverted head and shoulders pattern which suggests an uptrend continuation, but there are few things that bulls need to keep in mind.
Hi traders, The GBP/AUD has formed a Bullish V shape configuration straight at M H3 pivot point.
Hi traders, The EUR/JPY formed an ascending trend line along with the inverted SHS pattern. A close above the M H3 camarilla pivot suggests a further bullish pressure.
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Hi traders, The EUR/USD spiked after the ECB conference where Mr. Draghi delivered a bit hawkish outlook compared to his previous speeches.
Hi traders, The USD/CAD has made a breakout below the ascending trendline, so at this point we might see a start of a bearish U-turn.
Hi traders, The USD/JPY is bearish but it doesn’t mean anything as we have the NFP with all accompanying data today.
Hi traders, The EUR/GBP is in a bullish zigzag mode. Taking into account both Weekly and Daily trend, we might assume a continuation to the upside.
Hi traders, The EUR/USD has been testing lower and sub 1.1600 zone, so at this point we might see a possible spike. There are two bouncing zones for long trades.
Hi traders, The GBP/USD has formed a bearish divergence right at resistance around 1.3040-55. The price might start to reject.
Hi traders, The AUD/USD has failed to close above the weekly L3 pivot and the retracement trend line has been broken.
Hi traders, The ETH/USD has formed a bullish zigzag and it it is getting closer to W H3 camarilla pivot.
Hi traders, The GBP/USD has formed an Ascending Scallop pattern above the W L3 pivot, which indicates a potential bullish bounce.
Hi traders, The EUR/USD is close to W H5 but the bullish structure might be unchanged next week.
Hi traders, The GBP/USD sits exactly at the POC zone. It will either be a continuation of a major downtrend or spike up.
Hi traders, The EUR/USD seems to have completed a bullish ABC (purple) zigzag pattern within a larger wave W (pink) correction. A bearish correction could price back towards the Fibonacci
Hi traders, The DSH/USD has formed a bullish engulfing pattern at lower Bollinger Band confluence. Upmove is expected.
Hi traders, The USD/CAD is still looking bearish with a potential for further downside.
Hi traders, The AUD/USD is still bearish as I suggested many times before in my analyses. Sell on rallies continues.
The USD/JPY is showing signs of a rejection just below important 111.00 level. Here is the scenario that should come in play.
Hi traders, The EUR/NZD could make a bullish spike around W L3 camarilla level towards the middle BB line.
Hi traders, In my opinion, the GBP/USD bullish move is entirely unjustified, and I am looking to sell into rallies after the BOE decision.
Hi traders, The NZD/USD has been mostly ranging between W H4 and W Cm pivots. The bounce is possible.
Hi traders, The BOE is widely expected to hike the official bank rate on Tuesday. For that reason, the sellers might show up anytime soon.
Hi traders, The NZD/USD has been in a steady rise and technical analysis suggests a possible bounce towards 0.6900 zone.
Hi traders, The USD/JPY has dropped close to D H4 support. If retracement persists, we might see fresh sellers above.
Hi traders, The AUD/USD is still bearish despite the rally to the upside. Construction numbers are low and the price should drop further.
Hi traders, The GBP/USD has made a strong move below 1.3080 and we can see a technical bearish alignment targeting 1.2950 zone.
The EUR/USD completely followed previous analysis and is proceeding with a bearish trend. We might see new bearish move after the retracement or a breakout.
Hi trader, The EUR/USD has retraced back to 1.1690-1.1700. We can see a cluster of resistance there and the trend is still bearish.
The so popular “Dragon” GBP/JPY is currently supported by 4h BB trend, CAMMACD trend and ecs.MACD bullish trend. There is also a supportive ascending trend line
Hi traders, The GBP/USD went exactly as we planned and at a this point it still bullish. There are two possible scenarios. A continuation or another bounce.
The GBP/USD spiked after the NFP and technical picture is showing that the pair is bought on dips. We can define the next entry point.
The AUD/USD Monthly chart is in a heavy downtrend. However, further drop is expected should the price stay below the left shoulder and a current trend line
Hi traders, The GBP/USD has formed a descending pattern and is still going down. 1.3140 is next followed by 1.3100 and 1.3070.
Hi traders, The ETH/USD is bearish but the price and the MACD show a regular bullish divergence. For bullish setups, the price needs to break the green trend line.
Hi traders, According to CAMMACD.mtf V2 the time for shorts has come. The AUD/USD has reached the confluence zone and next bearish candle configuration should provide bearish momentum.
Strong downtrend in the AUD/USD has a possible continuation. T1 Pattern has formed below W L3, M L4 Camarilla Pivot.
USD/JPY has formed a T1 pattern just below W H5/ M H4 resistance. If the price closes above 110.60 we should see a bullish continuation.
Hi traders, The EUR/AUD has formed an ascending trend line close to Weekly camarilla pivot, and it might bounce if the POC zone holds. Breakout is also a possibility.
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The EUR/USD went exactly as planned during the Live trading webinar and hit the target. However, we have a divergence now.
Hi traders, The GBP/USD broke the flat top triangle to the upside and it looks bullish on intraday time frames. Next target could be Camarilla D H4.
The USD/JPY spiked after Friday’s NFP and at this point we can see a consolidation at the upper range, between two important pivots.
Latest developments in Italy cause a massive sell-off in EUR currency. However it could be a time for a technical correction.
The USD/CAD has been in a progressive zigzag uptrend pattern. The price has made higher highs and next higher high could be expected after a pullback
The EUR/USD followed the trend and at this point it is very close to W L4 Pivot Point. The first target is 1.1634 but we might also see a break
The EUR/USD perfectly followed our latest trade call and another target has been reached. We are bearish and selling on rallies
The EUR/USD perfectly followed our latest trade call and the target has been reached.
The EUR/USD proceeds with downtrend as the price is rejecting 1.1805 zone with both daily and h4 time frames aligned
The USD/CAD is close to Monthly L3 support. Due to the confluence with W L5 Pivot point the counter trend move is possible.
The NFP is the focus today but generally speaking the GBP/USD is very bearish and it might drop to 1.3491 on positive USD momentum.
Gold has been in a steady uptrend, but we can clearly see that the regular bullish divergence has formed at Montlhy L3 Pivot. This might cause a bounce in the
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As we could see in my previous GBP/USD coverage, it happened exactly as planned and now we see a continuation of that trade.
The USD/JPY has been in a steady uptrend. However the break of 107.98 is needed for the pair to proceed further to the upside.
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The GBP/NZD is at the important crossroads at this point. We might see a rejection or a break below the POC zone that stands exactly at weekly Camarilla.
The EUR/USD has broken through W H4 but it subsequently retraced. However as long as it is kept above 1.2320 the trend is bullish
The NZD/USD has been in a steady uptrend. Considering it is Friday today, we might see a rejection from the POC zone if the price gets there.
The GBP/USD has been bought on the dip during London breakout session as we clearly showed on the Telegram channel. The price might go further up
The USD/JPY has been in a retracement as new weekly levels have been calculated. The price is approaching strong W H3 resistance
The EUR/NZD has formed an ascending scallop pattern after both Type 1 and Type 2 trades straight from Weekly Camarilla Pivot
Dear traders, The USD/JPY has been captured within the descending channel and at point the channel bottom has been reached. The pair could bounce or breakout lower.
The EUR/USD has formed inverted Head and Shoulders pattern and we could either a spike or breakout below the trendline. The pair is undecided at the moment
The USD/CAD has formed a giant M pattern that is a sign of overall bearishness. As long as the price is kept below D H3, bears will be in control.
The AUD/JPY has been in uptrend and at this point we see a retracement on H1 timeframe.
The EUR/USD has formed inverted Head and SHoulders pattern straight at W L3 and ATR projection low confluence just at the median channel line. We could see a bullish bounce.
The uptrend on the GBP/JPY seems unscathed. The GBP/JPY dropped along with Equities, namely DAX g as a result of the German elections over the weekend, partly due to Merkel
GBP/JPY Ascending Channel Uptrend is in the progress. Forward Earnings in the USA has improved hence why the US Equities have been flying this week. When Equities are going up, Yen
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Nenad “Tarantula” Kerkez and Chris Svorcik from Elite CurrenSea here. Our special promo week is over BUT we have ongoing daily videos and live webinars. Check out our website EliteCurrenSea!
At Elite CurrenSea we make sure that Forex traders understand what is important via simple and clear models. The Elite CurrenSea approach is always geared towards cultivating a syn-energy between
Welcome back to this Fibonacci series! Fibonacci can be applied in numerous excellent methods via trigger and exits. Much of the work completed with Fibonacci is discretionary. That is OK for
EUR/USD 4 hour The EUR/USD made a deep retracement and remains in an overall corrective environment. The bottom is an important level (green line) as a break or bounce could
EUR/USD 4 hour The EUR/USD managed to break above the inner trend line (orange dotted) and could use the same broken line as a support for a bounce to the
EUR/USD 4 hour Wave X (brown) could be considered completed if price breaks above the long-term resistance lines (orange/yellow). Alternatively it could head to lower levels for a wave X
EUR/USD 4 hour Whether wave X (brown) has been completed or not remains to be seen and depends on whether price will break above the long-term resistance line (orange/yellow) or
During my live webinar on Forex trading at Admiral Markets, I took a short trade setup based on the EURJPY 15 minute chart at a price level of 135.15 with
EUR/USD 4 hour The EUR/USD broke below the support trend line (dotted blue) and has extended the wave X (brown) correction to a lower point. Further downside is possible on
EUR/USD 4 hour The EUR/USD has been moving up and down in a relatively tight zone over the last weeks with clear support and resistance levels on both sides. 1
The Fibonacci tool does not only determine support and resistence or help filter out setups that are less desirable, but they also offer a clear and precise method of taking
EUR/USD 4 hour The Greek no vote to the referendum on Sunday created bearish pressure on the EUR/USD but it did not invalidate the ABC (light purple) formation which is
EUR/USD 4 hour The EUR/USD wave count is very vulnerable to change with the lingering insecurity of any euro zone news. 1 hour The EUR/USD has bounced at the 78.6%
EUR/USD 4 hour The EUR/USD wave count is very vulnerable to change with the lingering insecurity of any euro zone news. 1 hour The invalidation level of the wave B
EUR/USD 4 hour The EUR/USD wave count is very vulnerable to change with the lingering insecurity of any euro zone news. 1 hour Price has stopped at the 50% Fibonacci
Hi Traders, Here is a LIVE example on the GBPNZD which was analyzed, discussed and taken in a live webinar at Admiral Markets. The targets were based on our Forex
EUR/USD 4 hour The EUR/USD wave count is very vulnerable to change with the lingering insecurity of any euro zone news. 1 hour All wave counts are highly subject to
EUR/USD 4 hour The EUR/USD dropped significantly during this week’s opening after negotiations failed between Greece and its creditors over the weekend. 1 hour The bearish momentum could bring price
Elite CurrenSea has offered multiple posts in the recent weeks on the topic of Fibonacci. Slowly but surely we expect to discuss progressively more difficulty angles of the Fibonacci concept.
EUR/USD 4 hour The EUR/USD price movement is stuck in a very tight range, which is indicated by the various trend lines. 1 hour Yesterday was a slow day with
EUR/USD 4 hour The EUR/USD price action is in a range and is expected to make deeper retracement for wave X (brown) unless price breaks above resistance (red). 1 hour
EUR/USD 4 hour The EUR/USD could have completed only 1 part of the wave X (brown) correction which means that price might face resistance at the Fib levels of wave
EUR/USD 4 hour The EUR/USD failure to continue higher after the breakout could increase the probability of wave W (brown) being completed and the wave X (brown) starting. 1 hour
Fibonacci levels consist of Fibonacci retracements and Fibonacci targets, as recently discussed in 2 previous posts of our a series on Fibs. The beauty of combining both entries and exits in
EUR/USD 4 hour The EUR/USD remains above the inner support trend line (green), which could be used as a base for expanding wave C (magenta) higher. The other scenario is
EUR/USD 4 hour The EUR/USD break above resistance is losing momentum quickly and showing signs of hesitation. It could be an early signal that the wave C (magenta) is completed.
EUR/USD 4 hour The EUR/USD bounced at the bottom of the triangle yesterday and even managed to slightly break above resistance (dotted red) due to the bullish impact of the
EUR/USD 4 hour Today’s price action could be centered on the FOMC statement. A bearish break would require a change in the wave count. 1 hour The EUR/USD is very
The next ‘target’ of this blog is Fibonacci targets! Last week we discussed the magic of the Fibonacci retracements (entries). This time around the focus is on profitable exits… Let’s
EUR/USD 4 hour The EUR/USD bounced off of the support trend line (green) yesterday and sees space between the wedge lines that is narrowing. 1 hour The impulsive wave count
Live Forex trade setups taken in June by Tarantula FX GBPUSD currency pair: AUDUSD currency pair: NZDUSD currency pair: @elitecurrensea.com
EUR/USD 4 hour The EUR/USD remains very corrective and stays within the boundaries of a contracting wedge, which has resistance (red) and support (green) trend lines nearby. 1 hour A
EUR/USD 4 hour The EUR/USD remains positioned in a contracting wedge with resistance (red) and support (green) trend lines narrowing in on price. 1 hour A bullish break would confirm
EUR/USD 4 hour The EUR/USD made an attempt to break above the resistance trend line (red) but it quickly reverted back into the contracting triangle. 1 hour A bullish break
EUR/USD 4 hour The EUR/USD is still marked as a 12345 (green) but will be changed into an ABC wave count if price breaks below the support (green). 1 hour
Elite CurrenSea is presenting to you a grand series of Fibonacci articles and Youtube videos. Article one discussed Fibonacci the person, Fibonacci the sequence and Fibonacci the levels, whereas this post focuses on
EUR/USD 4 hour The EUR/USD made a bullish bounce yesterday off of the 61.8% Fibonacci level and is approaching a resistance level (red), which is a bounce and/or break spot.
EUR/USD 4 hour The Non-Farm Payroll (NFP) event caused the US Dollar to strengthen on Friday and price fell towards and stopped at the 61.8% Fibonacci retracement level. 1 hour
EUR/USD 4 hour The EUR/USD price action will be highly impacted by the Non-Farm Payroll (NFP) news event. 1 hour The EUR/USD is making a bearish channel (green lines) after
EUR/USD 4 hour The EUR/USD posted another bullish daily candle yesterday after Tuesday’s bug surge. 1 hour The EUR/USD completed the wave 4 (orange) at the usual 38.2% Fibonacci retracement
Hi traders, This is Chris with the trades mentioned during my live webinar at Admiral Market’s webinar on the 2nd of June 2015. Make sure to check out the live
EUR/USD 4 hour The EUR/USD broke the wedge to the upside as expected in yesterday’s wave analysis, which is most likely part of wave C (magenta). 1 hour The EUR/USD
Elite CurrenSea is presenting to you a grand series of articles (see bottom) and Youtube videos on using Fibonacci for trading in the Forex and CFD markets. This is only the
EUR/USD 4 hour The EUR/USD is in a contracting wedge, which is indicated by the support (green) and resistance (red) trend lines. A break of these lines could indicate a
EUR/USD 4 hour The EUR/USD broke the resistance trend line (dotted red) but price action has not been impulsive. A break below the 61.8% Fibonacci level could see price fall
EUR/USD 4 hour The EUR/USD has been labeled with a completed wave C (purple) and wave B (magenta), although price needs to break above the resistance trend line (red) for
EUR/USD 4 hour The EUR/USD made one more push lower and then bounced at the 100% Fibonacci level of C vs A. Price needs to break above the resistance trend
EUR/USD 4 hour The EUR/USD wave count is indicating a potential for a bearish zigzag (indicated by the purple ABC). The alternative is that wave 4 (green) has been completed
Hi Trader, I realize that not every trader is a fan of using Fibonacci levels. But after reading this blog article, I think that you might join us in saying
EUR/USD 4 hour The EUR/USD has broken below the support trend line (blue) and is in a bearish zigzag (indicated by the purple ABC). 1 hour The EUR/USD is moving
EUR/USD 4 hour The EUR/USD has broken below the support trend line (blue) and is in a bearish zigzag (indicated by the purple ABC). 1 hour EUR/USD broke the smaller
EUR/USD 4 hour The EUR/USD bearish momentum was strong but price is currently unable to break below the support trend line (blue). This could mean that the wave B (green)
EUR/USD 4 hour The EUR/USD made a drop to lower levels after the break of support (light blue). Both the 38.2% at 1.11 and the 50% Fib at 1.10 are
Hi traders this Nenad Kerkez, Tarantula FX, presenting a special Q&A with Chris Svorcik, Orca FX. Chris joined the EliteCurrensea (ECS) team recently (see update) and I am sure that
EUR/USD 4 hour The EUR/USD is respecting the heavy resistance layer (red) and moving to lower price levels. Price could be making a bullish zigzag which makes the Fibonacci levels
EUR/USD 4 hour The EUR/USD could be building a rising wedge chart pattern when looking at the angle of the resistance and support trend lines. 1 hour The EUR/USD is
EUR/USD 4 hour The EUR/USD pushed one more time higher yesterday but could have completed the wave 5 (orange) when looking at the engulfing candle stick pattern (magenta circle) and
EUR/USD 4 hour The EUR/USD closed with a strong 4 hour bullish momentum bar/candle but a confluence of resistance is nearby such as the red and brown horizontal levels, the
EUR/USD 4 hour The EUR/USD is approaching a bullish break or bearish bounce spot at the resistance trend line (purple). 1 hour The EUR/USD upside momentum proved to have bigger
Announcement With great excitement I am announcing the expansion of the Elite Currensea education team! My friend and co-Forex trader Chris Svorcik will join me immediately and together we are
EUR/USD 4 hour The EUR/USD is retracing lower as part of a wave B (green) but any of the Fibonacci retracement levels could be bouncing boards for a renewed upside
EUR/USD 4 hour The EUR/USD bullish impulse translated into multiple wave 3’s, which is likely part of a bigger ABC zigzag as part of wave W (magenta). 1 hour EUR/USD
EUR/USD 4 hour The EUR/USD had a lot of momentum which is most likely a wave 3 (orange) and the most recent divergence (purple line) indicates a completion of wave
EUR/USD 4 hour The break above the top and 23.6% Fibonacci retracement level means the completion of the wave X (magenta) and the continuation of the wave Y (magenta). Eventually
EUR/USD 4 hour Price stopped and retraced at the 23.6% Fibonacci retracement of wave 4 (green) but the EUR/USD is already challenging the top again, which is a bounce or
Here is a recap of a few winning trades taken during April 2015. 1) EURNZD: +580 pips (swing) 2) GBPNZD: +112 pips (intra-day) 3) EURNZD: +64 pips (intra-day) 4) AUDUSD: +185 pips
EUR/USD 4 hour The resistance at the 23.6% Fibonacci level of wave 4 (green) was not broken yesterday and price is retracing lower from that area, which is probably part
EUR/USD 4 hour The EUR/USD has reached a key resistance level of 23.6% Fibonacci level of wave 4 (green). Therefore it seems most probable that a retracement will occur for
EUR/USD 4 hour The EUR/USD continued with its uptrend yesterday and pushed towards a resistance point (red line). Although further extensions can never be ruled out, it seems more probable
EUR/USD 4 hour The EUR/USD uptrend could have completed an ABC zigzag (light green) yesterday. The zigzag might complete wave W (magenta) but for the moment the preference is given
EUR/USD 4 hour The EUR/USD uptrend continued yesterday and still has some potential space before reaching the previous top (red line). However, many news events are being released today such
EUR/USD 4 hour The EUR/USD is building on an uptrend and has potential space up towards Fibonacci target and resistance at 1.1040-60. 1 hour The 1 hour chart shows the
Confluence allows traders to trade with more confidence and to spot setups with a higher win rate. Certain concepts can drastically boost a trader’s performance and confluence is certainly one
EUR/USD 4 hour If the EUR/USD completed the wave W (magenta) then a retracement for wave X (magenta) before a new rise for Wave Y (magenta) seems like the most
EUR/USD 4 hour The EUR/USD did bounce at the support of wave X (green) yesterday and coudl be heading towards the Fibonacci targets of the wave Y’s (purple and green).
EUR/USD 4 hour The EUR/USD bullish move up fell short of the main Fibonacci targets (61.8% as the first one), which could either be a retracement for a wave X
EUR/USD 4 hour The EUR/USD could be expanding the wave Y (blue) correction with a wave WXY (magenta). 1 hour The wave X (green) seems to be completed at the
EUR/USD 4 hour The EUR/USD is most likely expanding its correction of wave Y (blue) with a wave WXY (magenta). 1 hour Price is at the bottom of the trend
Yet another trading week has passed and new a brand one awaits us! Tonight there is again a weekly Forex recap presented by myself (go here). Check it out live
EUR/USD 4 hour The EUR/USD is most likely expanding its correction of wave Y (blue) with a wave WXY (magenta). 1 hour Price is moving up slowly and correctively
EUR/USD 4 hour The EUR/USD continued yesterday with its bullish bounce which could be part of an ABC correction (magenta) of a larger wave Y (blue) and wave 4 (light
EUR/USD 4 hour The EUR/USD is having a bullish bounce near the daily bottom (green horizontal line). 1 hour The bullish break above resistance (dotted red) is currently lacking momentum
EUR/USD 4 hour Yesterday’s bullish momentum could be an indication that the waves WXY (magenta) have completed the wave X (blue). 1 hour Price broke the resistance of the downtrend
EUR/USD 4 hour Whether the EUR/USD is back in the bigger downtrend or making a bigger correction as part of a wave 4 (green) remains to be seen and partially
I myself do NOT enter into hedged trades. That is valid for trades that are both up in profits and down in losses. Basically I prefer to handle 1 trade