W1 price is located below 200 period SMA (200-SMA) and 100 period SMA (100-SMA) for the primary bullish with secondary ranging between 23.6% Fibo resistance level at 0.6474 and Fibo support level at 0.6084. Descending triangle pattern was formed with Fibo support level at 0...
W1 price is between 200 period SMA (200-SMA) and 100 period SMA (100-SMA) for the primary bullish with secondary ranging between 126.09 support level and Fibo resistance level at 141.05 - 200-SMA is located below the price and 100-SMA is above the price: The price is ranging between 126...
W1 price is located above 200 period SMA (200-SMA) and 100 period SMA (100-SMA) for the primary bullish ranging between Fibo support level at 116.13 and Fibo resistance level at 125.85: 38.2% Fibo support level at 119.83 is going to be crossed by the price from above to below for the 23...
D1 price is on primary bullish market condition: the price crossed 200-day SMA from below to above and located in primary bullish area of the chart. Symmetric triangle pattern was formed by the price to be crossed for the bullish trend to be continuing. The price is ranging between 0...
Morgan Stanley made some technical analysis for EUR/JPY using 10-Year EUR/JPY Chart, 2-Year Chart and 90-Day chart, and they made a conclusion about bearish for this pair with some important levels to be mantioned. 10-Year Chart: "We believe EURJPY traded a major top at the 149...
W1 price is located above 200 period SMA (200-SMA) and 100 period SMA (100-SMA) for the primary bearish with secondary ranging between Fibo resistance level at 125.85 and Fibo support level at 116.13: The price is ranging between Fibo resistance level at 125.85 and Fibo support level at 116...
W1 price is below 200 period SMA (200-SMA) and below 100 period SMA (100-SMA) for the primary bearish ranging between Fibo resistance at 0.8166 and Fibo support at 0.7039: The price is ranging between Fibo support level at 1077.20 and Fibo resistance level at 1232...
W1 price is located below 200 period SMA (200-SMA) and 100 period SMA (100-SMA) for the primary bearish with secondary ranging between Fibo support level at 1.0807 and Fibo resistance level at 1.1469: the price is trading around 50.0% Fibo level at 1...
Goldman Sachs made Elliot Wave technical analysis on the daily EUR/USD and those are the following comments (below the chart): "Has finally sustained a break above its 55-dma and the July '14 downtrend". "Both of these levels have been very relevant to recent price action...
Weekly price is on bullish market condition for ranging between 2042.11 support level and 2134.42 resistance level: Chinkou Span line is indicating the ranging bullish. Next targets after 2134.42 resistance level to be broken is R1 Pivot at 2188.18. "A daily close below the 38...
Cycles are a unique kind of trading analytics, being one of the few types of market data that can be accurately measured. But understanding what the cycles mean and which trades to make based on them is an extremely complex process...
Higher probability scenario we are currently tracking is a smaller degree expanded flat correction that eventually works down towards 1.09-1.10...
Bullish Triangle The first scenario to unpack is that the EURUSD is placing the finishing touches on a triangle masterpiece. This means the triangle is the ‘B’ wave of an A-B-C upward movement. If this is correct, then a ‘C’ wave would be a breakout to higher levels that begins from nearby levels...
Ian Stannard from Morgan Stanley: "despite the corrective rebound developed since early March, EURUSD remains within a long term down trend... suggests upside potential is limited for EURUSD" and the "sub-structure of the decline from June of last year has been "impulsive...
The Gartley Trading Method: New Techniques To Profit from the Markets Most Powerful Formation (Wiley Trading): Ross L. Beck A detailed look at the technical pattern simply referred to today as the Gartley Pattern Gartley patterns are based on the work of H.M...
Suri Duddella, 19+ years full-time Futures/Equities/Options Trader. Patterns based Algorithmic Trading. Author -- "Trade Chart Patterns Like The Pros" book. ====== Identifying chart patterns is simply a system for predicting stock market trends and turns...
Cloud Charts : Trading Successful with the Ichimoku Technique by David Linton David Linton, the author of Cloud Charts, had his interest in Ichimoku charts `sparked' during a presentation by Rick Bensignor at the 2004 IFTA conference in Madrid...
The New Zealand Dollar is struggling to maintain upside momentum having launched a recovery following the formation of a bullish Morning Star candlestick pattern. Prices continue to grind against support-turned-resistance in the 0.7608-82 area, with a break above this threshold exposing the 38...
Goldman Sachs: EURUSD Elliot Wave - there is still one last leg lower to complete the 5-wave decline
"The market came close to testing 1.0911-1.0914 - 76.4% retrace of the Apr. 6th/13th drop and 76.4% of the swing target from Apr. 13th: The break opens topside risks to 1.0988-1.10 which includes the full extension from Apr. 13th and the trend across the highs since Mar. 18th...
US DOLLAR TECHNICAL ANALYSIS Prices transitioned into digestion mode after bouncing to retest a recently broken rising trend. A daily close above the 23.6% Fibonacci expansion at 12027 exposes the trend line support-turned-resistance at 12058...
