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, Did you ever wonder why the Forex and CFD markets move so much on a daily basis? Although the long-term price movements are determined by large fundamental factors,
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 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 EUR/USD bounced at the support zone but the reaction has been mild till now. The support trend lines remain a key decision zone for a bullish bounce
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.
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.
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/USD remains in a downtrend and the current bullish price action could be a pullback as long as price stays below the resistance trend lines.
Hi traders, GBP/USD is breaking below the critical support trend line (dotted blue). What’s next for the Cable?
Hi traders, The EUR/USD remains in a bearish mode but a potential reversal zone is nearby.
Hi traders, GBP/USD is challenging the support trend line (blue). A bearish breakout could see price move lower to the major trend line (blue) and decision zone.
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
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/USD is testing the resistance trend line (red) of the downtrend channel. A break below the triangle pattern could indicate a downtrend continuation.
Hi traders, Gold (XAU/USD) showed a strong bearish breakout below the contracting triangle chart pattern. The price action is showing bearish impulsive price action which seems to be extending the
Hi traders, The German index DAX30 is testing the previous wave C (pink) bottom. The wave E has fallen deeper than expected and could invalidate the current triangle pattern if
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 USD/JPY is showing a consolidation pattern as price is respecting the support (blue) and resistance (red) trend lines. A bearish ABC zigzag seems the most likely pattern
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 traders, The EUR/USD made several bullish breakouts after the expected bullish reversal at support but price is now challenging a new key resistance trend line. The bulls are in
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.
Hi traders, Bitcoin (BTC/USD) seems to be building a deep correction which could be part of a wave 2 (purple). The main question is whether price will complete that wave
Hi trader! Gold (XAU/USD) remains under bearish pressure as price is approaching and challenging a key support zone (blue).
HI traders, The EUR/USD broke the support trend lines (dotted green) which is indicating that a larger bearish correction is under way.
Hi traders, The GBP/USD broke the support trend line (dotted blue) of the mini triangle pattern and made a bearish breakout. What’s next?
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 is building a mini triangle pattern after making a bullish correction back to the resistance trend line of the bearish channel (red).
The EUR/USD indeed moved up higher as expected. A bullish continuation to test the previous daily top at 1.1850 seems likely as long as price stays above the 1.1675 support
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
Dear Traders, The NZD/USD dropped below a highly significant support level today. This post will provide a brief price-action review for the currency pair and a forecast for the next
Hi trader, The USD/JPY is building a bullish trend channel but price needs to break above the key resistance trend line (red) before a larger uptrend continuation can take place.
Hi traders, The USD/JPY remains stuck in a large consolidation zone. A break above the resistance or below the support trend lines is needed before a larger breakout is likely.
Hi traders, The EUR/USD broke below the support trend line (dotted blue) but overall price action remains choppy and indecisive. Furthermore, strong support and resistance levels could place a limit
Dear traders, Do you have problems with actually trading wave patterns? The Elliott Wave theory might sound logical on paper but remains difficult to use for actual trading purposes –
Dear Traders, WTI is trading at interesting price levels, which present a good trade setup opportunity. Today’s post will provide a technical analysis of WTI and a potential trade setup.
Hi traders, The USD/JPY is building a bullish retracement back to the resistance trend lines and Fibonacci levels of wave B, which are key bounce or break zones.
Hi traders, The USD/JPY bounced and reversed at the bottom of the uptrend channel as expected. Price is now ready to challenge and test the previous top.
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 USD/JPY bounced at the 50% Fibonacci retracement level and support trend line (blue) near 109. Price is now breaking to the upside but a key resistance trend
Hi traders, The GBP/USD is challenging the support trend line of the bear flag chart pattern after bouncing at the 23.6% Fibonacci retracement level. A bearish breakout could indicate the
Hi traders, The EUR/USD broke above the key 1.1750 resistance and 23.6% Fibonacci retracement level and is now moving up towards the next 38.2% Fib.
Hi traders, The USD/JPY is approaching a key resistance level (red) which offers a critical bounce or break spot. The news from the US regarding unemployment rates and non-farm payroll
Hi traders, The USD/JPY is a key decision moment where price will either break above the resistance trend line or below the support trend line. The breakout direction could indicate
Hi traders, The EUR/USD is building a falling wedge reversal chart pattern, which could indicate a potential bullish reversal if price manages to break above the resistance trend line and
Dear Traders, GOLD is keeping traders at the edge of their seat. Today’s analysis will provide a brief technical and wave update on GOLD.
Hi traders, The GBP/USD broke below the support trend line (dotted green) and important 1.3380-1.34 Fibonacci support zone. The bearish breakout makes a continuation lower more likely, especially if price
The EUR/USD perfectly followed our latest trade call and the target has been reached.
Hi traders, The GBP/USD is challenging a key support zone (green) around 1.34. A bearish breakout could see price move lower towards the Fibonacci targets of wave 5 whereas a
Hi traders, The EUR/USD downtrend is challenging the 1.1750 support zone again. A bearish break could see a continuation towards the Fibonacci targets of wave 5 (blue) whereas a bullish
Hi traders, The EUR/USD failed to break the bottom yesterday. Price action is now building a larger triangle chart pattern and the next move will depend on the breakout direction.
Dear Traders, The RBNZ statement dampened NZD sentiment by reinforcing a dovish stance. Today’s analysis will provide an update on the overall NZD outlook and analyze the EUR/NZD and NZD/USD
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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/USD has been contained in a range during the Easter holiday. On Friday and early Monday, the GBP/USD has formed a bullish consolidation.
The USD/JPY has been in a retracement as new weekly levels have been calculated. The price is approaching strong W H3 resistance
The GBP/USD is approaching critical price levels and swing completion. The potential for a significant bearish turn is becoming heightened. This analysis will offer an alternative perspective on the GBP/USD
Dear Traders, many traders use chart patterns for analyzing markets and entering setups. This apparent order within market structures is a fascinating phenomenon. If understood properly, chart patterns become a
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 EUR/USD has reached W L4 / D L3 level and we can see a possible retracement due to short sellers profit taking. The price might reach the POC zone
The NZD/USD Daily Downtrend is still in progress. However, at this point, we see a 4h retracement that could result in a bearish move towards the W L3 level.
The USD/CAD has broken the POC to the upside, and the bullish channel still holds. 1.2640-55 is the POC zone and further appreciation of the pair might happen if 1.2673
The USD/JPY has been in a bearish zig-zag mode and at this point, it’s getting closer to the POC zone where it could reject. The trend is clearly to the
Dear Traders, The AUD/NZD is developing an interesting price structure that could provide good trading opportunities in the near future. The analysis will highlight the overall price action of this
The EUR/USD has formed a giant bullish candle exactly at W L1 camarilla and the candle itself was testing D H4 breakout camarilla level.
The USD/JPY has formed a double bottom slightly above the Daily L5 camarilla, in addition to H1 double bottom above the D L4 camarilla. At this point, we might see the
Dear Traders, the idea of trading reversals seems to appeal to many of us. We are hoping to gain big profits if we can catch a new trend at the
The EUR/USD has been a bit bullish, breaking out above weekly L3 camarilla pivot, reaching the W H3. Today is a profit taking day, so we could see a retracement
EUR/USD is waiting for the ECB conference on Thursday. The press conference is about an hour long and has 2 parts – first a prepared statement is read, then the
The BOC will release important data today. The interest rate at which major financial institutions borrow and lend overnight funds between themselves (Overnight rate) and BOC statement will make all the
Dear Trader, The GBP/JPY has formed a long-term rising wedge pattern, also known as a leading diagonal. Price is coming to a critical decision point very soon and signs point
The British Chambers of Commerce’s (BCC) Quarterly Economic Survey didn’t help the GBP/USD much. After a brief rally above 1.3520 towards 1.3560, the GBP/USD dropped making a new low on
Dear Trader, The GBP/AUD has been hovering at support for numerous days, indicating that another bullish bounce could be in stall very soon. This analysis will look at clues within
The USD/CAD is very close to making a breakout to the upside. We can see fractals trendline placed exactly at W L3 camarilla pivot and the price might spike up
The USD/CAD has been dropping since it hit 1.2920 zone and currently it is looking for a break below W L3 camarilla pivot.
Dear Trader, the EUR/JPY has had a very bullish year, gaining over 1000 pips so far. But how far can this trend go? Is it time for a reversal or
Dear Trader, yesterday I analysed the EUR/CHF for a potential bearish correction and trade setup. However the bullish price-action of yesterday changed the situation somehwat and today’s analysis will provide
Dear Trader, the EUR/CHF left its long-term range in mid 2017, and has been in a bullish trend ever since. But the move appears to have run out of steam
The CAD/JPY reached the W H3 and formed a Type 2 reversal arrow exactly within the dynamic zone area. Zooming in to 5 min timeframe we have been able to
Dear Traders, the USD/CAD experienced a sharp drop during 2017. But overall, the signs are pointing towards a promising bullish trend ahead for this currency pair. Will 2018 be a
Dear Traders. there is much talk about a big market crash that’s just around the corner, which could see stocks and indices fall like stones. The DAX30 is among those
The NZD/USD is still in an uptrend as I showed in my previous NZD/USD analysis. However, the price has already gone above W H5.
Dear Traders, the EUR/USD is probably building an expanded correction within wave 2. A bullish breakout above 1.18 seems likely but price will probably fail to break above the bigger resistance
Dear Trader, the AUD/USD has been in a significant downtrend throughout the later part of 2017. Price is now within important support and resistance zones, which could provide trade options
Choosing a new governor (Mr Adrian Orr) for the central New Zealand national bank, who will officially take up a role on 27 Mar had a positive effect on the
Like many other indices, the DAX30 has been in a strong bullish trend since 2009, which was the dawn of Quantitative Easing. All trends end at some stage, but there
The EUR/USD is one of the most highly traded currency pairs in the world. What can we expect to happen to this pair in the foreseeable future? Will the Euro
The EUR/NZD has formed a bullish Ascending scallop pattern after a clear rejection from the supporting trendline. The pair is eyeing higher levels that could be reached after a retracement.
Dear Trader, the GBP/JPY was in a very strong uptrend last week but has been correcting for several days. It is approaching critical levels now where it could be resuming
The EUR/USD opened with a retail gap after the US Senate gave a significant boost to the USD last night. The pair has failed to close the gap as of
Dear traders, Due to the increased number of CAMMACD webinars and happy traders who have been making more than 3000 pips since joining the ecs.LIVE service I am proud to
After a rejection towards 1285 zone, the GOLD couldn’t proceed with bearish momentum and the price turned bullish. Staying above W H3 camarilla pivot, the Gold made a bullish pattern
Dear traders, before you opt for an advanced trading method such as the CAMMACD and SWAT, you might want to try a basic trading method that should open the door
The USD/CHF has been moving pretty slow making only 33 pips during slow holiday market volatility. Almost every pair is trapped in a range bound market price action due to
The USD/JPY has been consolidating between D H1 and D L1. the price is making bearish zig-zags so we might see a rejection from the POC 112.05-15 towards W L1.
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The WTI is in uptrend but we clearly see a retracement on the 4h timeframe. At this point it is important to see what the pair might do in terms
The USD/CAD is possibly forming the right shoulder on H1 timeframe. The price is currently supported at D H3 camarilla pivot so it will be either make it or break
Dear Traders, the USD/JPY has been fighting against resistance for a while but is struggling to break above the 114.50-115 resistance zone. Will the USD/JPY uptrend be able to show
The EUR/AUD has broken a W pattern to the upside and at this point, it seems like we will see an uptrend continuation. Additionally, the trendline has been broken too
The GBP/JPY has been dropping from 151.40 zone and at this point, we can see it below both Weekly and Daily H3 camarilla levels. If the bearish momentum persists and
The USD/JPY has been in a bullish zig-zag mode. The thrust-pullback bullish pattern has brought the pair up to 114.25 before a retracement to 88.6 Fibonacci level. At this point, a
The GBP/USD is trying to make a close below a trend line and 38.2 fib cross at 1.3180. We might see a rejection below the trend line or a spike above
Dear Traders, the EUR/USD is hesitating to move away from the 1.17 support zone but a bullish bounce towards 1.20 still remains the most likely scenario unless a bearish candle
The dragon, so popular GBP/JPY and my personal favorite pair to trade has closed above the previous high on the daily chart. The pair has formed a Marubzou engulfing pattern
The AUD/JPY has made a bullish swing close to the W L4 camarilla pivot point and trend line and it looks like the price momentum changed to bullish. However, traders
The NZD/USD has formed a bearish railway pattern (BRP) on H4 timeframe. The pattern has appeared after a rejection from historical sellers and a trend line. For the next bearish
Bullish bias on the EUR/GBP suggests the pair will move to the upside provided that 0.8870 holds. The price is trapped within the AP channel clearly inclined to the upside.
The GBP/JPY has spiked above the PPR (polynomial progressive channel) and it is trying to reach the POC zone 148.25-50. However, the first resistance is 147.85 and it needs to
Are you wondering how you can use support and resistance (S&R) levels for your trading? Or do you perhaps feel unsure how to find S&R? Not suing support and resistance
The AUD/USD Trade Balance came better than expected and at this point, the pair is exiting the oversold territory. Trade Balance is important for the economy as it represents the
The GBP/JPY has been mostly ranging the last couple of days showing vertical price movement with a potential breakout from the consolidation triangle. There are 2 potential scenarios.
The XAU/USD (Gold) is in a strong downtrend. As we can see on the CAMMACD full template, there is still a scope for more bearishness this week. Considering the bearish zig-zag that
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
Traders lose money as they fail to realize that the market is a collective movement of their own actions and reactions along with other people’s actions and reactions. For example,
Dear Traders, do you sometimes feel “lost” when doing your analysis or reviewing your open trade? Or perhaps you feel insecure about your next decision? Get ready for a step-by-step
The original article is HERE We have seen this week, that during risk-off as a result of uncertainty from the French elections that Equities has fallen, the JPY has strengthened
The USD/CHF has formed a strict bullish Wolfe Wave (point 4 is between point 1 and 3) and the price might spike up above 1-3 trendline, making a breakout to
Bank holidays are usually days when low volatility is expected. Yen pairs tend to move with equities, especially Nikkei, so we have seen some volatility in the Yen during the
NZDJPY is one of the pairs pair that has a strong correlation to equities. Nikkei and DAX are +92/90 correlated to NZDJPY and that is extremely high correlation, so they
Dear Traders, You have probably heard that many brokers offer a deposit bonus. And you may be wondering what advantages brokers get from giving these bonuses? Well, they do it
Japanese equities are very important for Yen movements and AUDJPY is my favorite along with USDJPY. When foreign investors buy or sell Japanese equities currency-unhedged there is a positive
Dear Traders, One of the key issues that is often discussed in modern working society is the gender pay gap. Meanwhile something rarely discussed but often linked to this subject,
The EURUSD has completed its first swing within he channel and on intraday chart we can see a range with bearish bias. POC comes within 1.0850-60 zone (H4, EMA89, EQ
With our last week Session Recap we could have made more than 250+ pips. There were also some “perfect setups” with almost no DD. This again proves the strength of
As I have already explained in my aritcle and my last analysis, the EURUSD has been bi-directional without any clear trend except some range bound trading and selling on rallies. Last
USDJPY is consolidating in a bullish pennant as investors are eagerly awaiting tomorrow’s ECB decision and NFP report on Friday. The pair is congested within the bullish pennant and logically
‘Big chance of further QE and rate cut from ECB, EURUSD could continue sell-off to 1.04-1.02’ – Nenad Kerkez, Admiral Markets
The interview made by Fxstreet on 30.NOV.2015 read the original article on Fxstreet.com So we’re here: December 2015. ECB and Fed about to have decisive monetary policy meetings. Which
How to stay confident and believe in yourself as a trader Dear Traders, Today I am super inspired to write about the psychology of successful trading. We definitely need to
As you could read in my previous GBPUSD analysis the pair has broken through 1.5190 initially then went down to a target zone – 1.5155. The pair has been contained
As i have shown in my previous EURUSD analysis and the Analysis before it, EURUSD has clearly rejected from POCs and proceeded in trend direction. Overall, the first target zone
The GBPUSD fell sharply after UK deficit rose. Adding to that public borrowing has risen unexpectedly and BOE revised down their growth outlook for the next half of the year.
Most important release for EUR last week was German inflation which came out to be better then expected, while USD was boosted by a better-then-expected GDP (3.7 %) which is
GBPUSD felt heavily after EUROSTOXX50 futures surged couple of days ago and was influenced by a global fear of China slowdown and PBOC Yuan devaluation. Also, BOE is still holding
Last week NZDUSD dropped by a huge percent after PBOC devalued Yuan. Usually soft commodities ( AUD ) perform better then hard commodities ( NZD ), but this time NZD
US FED will release the statement today, without any press conference and we will probably have some range-bound market till FED statement. Expectations towards rate hike are rising and we
EUR/USD 4 hour The EUR/USD is glued to an important support level at 1.08(20), which is indicated by the horizontal line (green). A break could see price move lower to
EUR/USD 4 hour The EUR/USD has approached the previous bottom (green), which is a major bounce or break spot and a potential indicator of intermediate direction of the market. 1
EUR/USD 4 hour The EUR/USD is approaching an important break or bounce level (decision spot), which is the support trend line (green) connected to bottom at wave X (green). 1
Greece situation, BOC’s interest rate cut and general safe heaven demand reflected on USDCAD pair which is breaking through important resistance levels. Adding to USDCAD rally Canada’s banks also lowered
EUR/USD 4 hour The EUR/USD is testing important trend lines (green and light green), which could become support for a rebound. A bearish breakout would invalidate the current wave X
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
AUDUSD has been consolidating below 0.7500 and traders definitely don’t want to fight back with RBA governor’s Stevens comments that the AUD currency is still overbought.0.7470 is showing a good
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
GBPUSD has broken through the rectangle range and it is making a bearish zig zag pattern. We can spot a 3 – touch trend line making a confluence –
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
Japanese Yen surged after safe heaven flows confirmed a move to USD and YEN. BOJ governor Kuroda also implied that the economy is recovering at the moderate pace, so the
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
Monday retail sales in Japan expanded by 1.7 % vs forecast of 1 % increase. Yen also strengthened due to Greece uncertainty and safe heaven flows. Technically the pair reached
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
Hi fellow trader, In cooperation with Admiral Markets and FXStreet I am proud to present the next series of Exclusive webinars based on proprietary trading methods. This time we will
NZDUSD is perfectly following the trend, meeting all the targets we have previously discussed. Fundamentally Flash PMI rose by 0.2 % from the forecast ( 49.6 from 49.4 forecast) The
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.
NZDUSD has a positive correlation to EURUSD and its rallying towards near term historical sellers. Given recent RBNZ governor’s comments and technical decline we can still assume that NZDUSD is
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
RBNZ announced a surprising rate cut on NZDUSD taking the OCR from 3.50 % to 3.25 %. It was unexpected and NZDUSD was instantly sold. Adding to the cut we
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
Mr.Haruhiko Kuroda boosted the YEN with his comment about Yen weakness. He implied that a lower Yen was a boost to Japan’s economy and that is hard to see Yen’s
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.
EURUSD dropped on Friday after good NFP and touched 1.1048 – strong static support. Today is NFP Monday and EURUSD is currently in retracement mode, while still in downtrend and
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
AUD dovish RBA tone, bad Trade balance and Retail sales results pulled the pair down to test 0.7700 zone. From technical perspective AUDUSD is bearish as long as 7800 holds,
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
AUDJPY has formed an ascending scallop pattern and currently its hanging close to resistance H3 – 96.95. A pullback towards 95.99 zone could be used for buying into dips as
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