Elliott waves analysis – We are sellers towards 1.0065.

EURUSD – Up Wave Analysis: The Euro is currently trading in an expanding wedge formation, the price has been trading within the upper and the lower trendline for a while…

Elliott waves analysis – We are short.

GBPUSD – Flat Wave Analysis: The price has been trading within the upper and the lower trendline previously the price bounced off from the corrective wave cycle two towards the…

Elliott waves analysis – We are on the sidelines.

USDJPY – Down Wave Analysis: During the previous trading days, the price bounced off from the upper trendline towards the lower trendline at the corrective wave cycle two, it then…

Weekly analytics- Forex Technical Analysis: Trend potential – Buy Gold within zone 1701.35-1682.08

    #Brent weekly   Technical observation  The value of #Brent is trading with an increasing bearish bias above the supportive zone 88.49-86.78, this bearish movement is a correction to…

Forex Technical Analysis: Trend potential – We are neutral.

EURUSD – Up Technical observation On the 4 hour chart above price declined to the supportive level 1.0111 but could not break below it, instead, it bounced at the same…

Forex Technical Analysis: Trend potential – Wait for a correction to the zone 1.2190-1.2177

GBPUSD – Flat Technical observation GBP is trading with an increasing bullish bias between the supportive level 1.1895 and the resistance zone 1.2190-1.2177. I anticipate a continuation of this upwards…

Forex Technical Analysis: Trend potential – Wait for a pullback to the level 131.77

USDJPY – Down Technical observation USD is trading with an increasing bearish bias below the resistance level 136.67, my expectation is a continuation of this downwards movement to the supportive…

Weekly analytics- Forex Fundamental Analysis – The Fed aggressively tightens monetary policy

#SP500: The Labor Department’s closely watched monthly report showed, pushing non-government-sector employment above its pre-pandemic level to a record. Though the leisure and hospitality sector remain 1.3 million jobs below…

Weekly analytics- Analysis of margin levels – GOLD, SILVER, WTI

• XAUUSD • Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1845.96-1856.84. At the moment, the GOLD is…

Analysis of margin levels – EURUSD: medium-term sells of the pair.

EURUSD – Up • Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.05244-1.05364. At the moment, the pair…

Analysis of margin levels – GBPUSD: medium-term sells of the pair.

GBPUSD – Flat • Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.22807-1.23104. At the moment, the pair…

Analysis of margin levels – USDJPY: medium-term buys of the pair.

USDJPY – Down • Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 135.985-136.202. At the moment, the pair…

Forex Fundamental Analysis – The normalization of the spread

EURUSD – Up EURUSD trading plan: Benchmark German bond yields were set for their biggest daily rise since March 2020 as the U.S. Federal Reserve’s meeting minutes and Chinese stimulus…

Forex Fundamental Analysis – Positive macroeconomic statistics from the UK

GBPUSD – Flat GBPUSD trading plan: British consumer activity picked up in late June with more visits to restaurants and a slight increase in credit and debit card spending, data…

Forex Fundamental Analysis – Correlation with the U.S. stock market

USDJPY – Down USDJPY trading plan: U.S. equities rose with Treasury yields as investors bet on economic light at the end of the Federal Reserve’s rate hiking tunnel. Comments from…

Analysis of margin levels – GBPUSD: medium-term sells of the pair.

GBPUSD – Flat • Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.22807-1.23104. At the moment, the pair…

Analysis of margin levels – USDJPY: medium-term buys of the pair.

USDJPY – Down • Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 135.985-136.202. At the moment, the pair…

Forex Technical Analysis: Trend potential – Expecting a correction to the zone 1.0777-1.0740

EURUSD – Up Technical observation On the daily chart above price declined to the supportive level 1.0153 and currently it is trading at it with an increasing bearish bias, I…

Forex Technical Analysis: Trend potential – Looking to re-sell within 1.0482-1.0475

GBPUSD – Flat Technical observation GBP declined to the supportive level 1.1910 but could not break below it, instead it bounced at the line and today price rose with a…

Forex Technical Analysis: Trend potential – Expecting bullish movements of price.

USDJPY – Down Technical observation USD is trading with an increasing bullish bias below the resistance level 136.65, I expect a loss of this upwards movement followed by a surge…

Elliott waves analysis – We are buyers towards 136.05

USDJPY – Down Wave Analysis: The US Dollar is currently trading in a contracting wedge formation, recently the price rebounded to the upper trendline at the impulsive wave cycle three…

Elliott waves analysis – We are sellers.

GBPUSD – Flat Wave Analysis: During the previous trading days, the price rallied from the corrective wave cycle two towards the upper side at the impulsive wave cycle three. As…

Company News – Oil for a buck?

Dear traders! The price of Brent oil on the London Stock Exchange fell below $100 per barrel for the first time since April. The lower threshold reached $98.5 per barrel.…

Company News – Trading signals: June’s NFP

Dear clients, The data on Nonfarm Payroll, an indicator of the industrial employment in the US will be released today. The report has a notable impact on the US dollar…

Elliott waves analysis – Wait.

EURUSD – Up Wave Analysis: This pair is currently on a downtrend, previously the price rallied around the upper trendline but eventually bounced off from the corrective wave cycle four…

Forex Technical Analysis: Trend potential – we are flat

EURUSD – Up Technical observation On the hourly chart above price declined to the supportive level 1.0161 but could not break below it, instead, it bounced at the level and…

Forex Technical Analysis: Trend potential – Remain neutral.

GBPUSD – Flat Technical observation GBP is trading with an increasing bullish bias between the supportive level 1.1876 and a resistance level 1.1994, I expect a continuation of this upwards…

Elliott waves analysis – Wait.

EURUSD – Up Wave Analysis: This pair has been trading within the upper and the lower trendline for a while now, previously the price rebounded from the lower trendline at…

Elliott waves analysis – We are on the sidelines.

GBPUSD – Flat Wave Analysis: During the previous trading days, the price rebounded from the lower trendline towards the upper trendline at the corrective wave cycle two. The price then…

Elliott waves analysis – Wait.

USDJPY – Down Wave Analysis: During the previous forecast, we had anticipated a rebound from the lower trendline at the corrective wave four towards the upper trendline in continuation of…