Hello traders. In this technical article we’re going to look at the Elliott Wave charts of Oil commodity (CL_F) published in members area of the website. OIL has recently given us a 3 waves recovery Read more…
Markets Ongoing trade tensions between the US and China and a spike in uncertainty related to US regional banks (fraud-linked) undermined risk sentiment last week. Credit tensions in Europa were temporary mitigated as old/new French Read more…
Daily Pivots: (S1) 1.1627; (P) 1.1677; (R1) 1.1705; More… Intraday bias in EUR/USD stays neutral and outlook is unchanged. Further decline is in favor as long as 1.1778 resistance holds. Break of 1.1540 will resume Read more…
Daily Pivots: (S1) 149.79; (P) 150.22; (R1) 151.05; More… Intraday bias in USD/JPY is turned neutral with current recovery. On the downside, below 149.37 will target 55 D EMA (now at 148.78). Sustained break there Read more…
Daily Pivots: (S1) 1.3388; (P) 1.3430; (R1) 1.3468; More… Intraday bias in GBP/USD remains neutral and outlook is unchanged. On the downside, break of 1.3247 will target 1.3140 cluster (38.2% retracement of 1.2099 to 1.3787 Read more…
Daily Pivots: (S1) 0.7893; (P) 0.7916; (R1) 0.7958; More… Intraday bias in USD/CHF remains neutral for some consolidations. But further decline is expected as long as 0.7984 resistance holds. On the downside, below 0.7872 will Read more…
Tesla is always one of those companies you can’t avoid, and the week ahead may include more chatter about the company and Elon Musk, its mercurial CEO, than many investors can stand. The market will Read more…
Daily Pivots: (S1) 0.6458; (P) 0.6480; (R1) 0.6516; More… Intraday bias in AUD/USD stays neutral and more consolidations could be seen above 0.6439. Further decline is in favor as long as 55 D EMA (now Read more…
Daily Pivots: (S1) 1.3998; (P) 1.4033; (R1) 1.4057; More… Intraday bias in USD/CAD remains neutral and more consolidations could be seen below 1..407. But further rally is expected as long as 1.3930 support holds. Current Read more…
I was off last week and couldn’t believe the amount of news that landed on the headlines in just a week. First, trade tensions between the US and China are fully back after China restricted Read more…