Gold short term Elliott Wave view suggests that the yellow metal is in a sideways move, typical characteristic of a triangle Elliott Wave structure. A triangle is a sideways range structure with ABCDE label. In the case...
EURAUD could be due for a downtrend as a head and shoulders pattern has formed on its 4-hour chart. Price has yet to break below the neckline at 1.5900 to confirm the potential drop. The 100 SMA...
The Nifty 50 Index has a bullish sequence from the lows to the all time highs. The index currently shows nine swings up from the all time lows into the 2018 highs. It is now correcting the cycle...
The human nature by definition is the general psychological characteristics, feelings, and behavioral traits of humankind. As such, everyone shares this nature. Similarly, the market also has a market nature and since it is created by humans,...
The US dollar has initially tried to rally during the trading session on Monday but found a bit of resistance at the 107.20 level. The market has more than enough support below to keep it afloat though,...
The US dollar initially tried to rally during the trading session on Monday, but then broke down through the 1.2750 level. The market looks likely to go down to the 1.27 level, an area that should be...
The British pound rallied significantly during the trading session on Monday but ran into a little bit of trouble at 1.4150 level. However, this is a minor area and I think that it’s unlikely to keep the...
The EUR/USD pair continues to be noisy, but Monday was positive. By struggling like we did, it looks like we may have to pull back short-term to build up the momentum to break above the 1.2350 level....
The Australian dollar has tried to rally during the trading session on Monday, but the 0.77 level has offered enough resistance to turn things over and fall towards the 0.7650 level. That’s an area that has been...
North and South Korean peace in the Horizon The Leaders of the North and South Korea will meet on April 27, 2018 for the first time since 2007 and hope for North and South Korean peace, the...
