DAX Daily Update – November 17th – Low Opening is Bulls Opportunity

Beginning of Monday’s session was very nervous and brokers which have possibility of trading since midnight saw DAX Futures below 10,500 pts. It calmed...

Forex after US closing: 11/16/2015 – EUR/GBP, GBP/AUD

Hello Traders, what’s going on market after US closing? EUR/GBP Pair has reached new lows today, and with current trend still bearish the demand zone probably...
USD bulls

USDCAD – near 11-years high

In analysis of October 27 I pointed levels where price goes. I wrote: "Nearest target of upward movement there are two levels of 1.3215...

DAX Weekly Update – November 16th

Last week bears started to dominate. After another try of bulls to break above 11,000 pts situation change and the had to defend supports...

Ichimoku Kinko Hyo – USDJPY, GBPUSD, EURAUD – November 16th

USDJPY Today this pair is in very interesting position. Although price stays above Tenkan-sen 122.30 but below weekly pivot 122.86. Another support levels are set...

EURGBP – on the 3-months low

Since mid-October EURGBP moves in a downward trend. Trend is set by downtrend line led after the highs. Currently this trend line is at...

„Search, analyze, trade” – EURUSD, GBPJPY, EURJPY, USDCAD, AUDNZD, GBPUSD – November 16th

Welcome to weekly market overwiev, where we look for Price Action patterns and/or use Elliott Wave Theory. YOU CAN READ MORE ABOUT ELLIOTT WAVES HERE EURUSD This...

AUDNZD – break above resistance at 1.0900

On October 30 AUDNZD reached low at 1.0496, since then the price moves in an upward trend. Upward movement has been corrected in previous...

AUDCAD (intraday) – attempt of break above resistance at 0.9490

After three days of upward movement AUDCAD is trying to break above strong resistance at 0.9490. So rapid movement should be unsuccessful. Currently there is...

EURAUD – movement in direction of 1.5000

In analysis of October 27 I pointed impending correction and further return to decline. I wrote: "At the moment rebound may appear near 1.5420....

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