Back in November 2016, we mentioned that Gold should find buyers in 1540 – 1487 area and bounce ideally to resume the rally for new highs or in 3 waves at least. 3 weeks later, XAUAUD reached the mentioned...
NZDUSD is showing 2 bullish patterns on the daily chart so we are expecting for the pair to continue higher. A move lower will now give bulls a chance to push the pair higher. Below we will show...
We track a lot of Indices around the World. One of the Indices we track is DJUSRE (Dow Jones US Real Estate Index) which provides a guideline for housing properties in the U.S. Buying real estate is...
In our previous article, we talked about the Bullish Palladium XPDUSD which is supporting the commodity market for another leg to the upside. To be able to join for the move higher, we need to identify the potential scenarios and...
Short term DAX Elliott Wave view suggests the rally from 5/18 is unfolding as a double three Elliott Wave structure. Minute wave ((w)) ended at 12879.5 and Minute wave ((x)) pullback ended at 12617. Internal of Minute wave ((x)) subdivided...
Cable is sitting right on the ascending channel support visible on its daily time frame. A bounce could take it back up to the resistance at the 1.3250 minor psychological level while a break could spur a...
The USD/JPY pair fell slightly during the day on Tuesday, reaching towards the 111.40 level. There is a significant amount of volatility in this market, and with that being the case it’s likely that the buyers will...
The US dollar rallied against the Canadian dollar during Tuesday’s trading hours, as the crude oil markets absolutely fell apart. The Canadian dollar of course is very sensitive to what’s going on in the oil market, as...
The British pound went sideways initially during the day on Tuesday, and then fell apart and reached towards the 1.26 level. That being the case, we found support their, as it is a large, round, psychologically significant...
The EUR/USD pair went sideways during the day initially on Tuesday, but broke down towards the 1.11 handle underneath. Having said that, it looks as if we are trying to bounce from here, and a short-term buying...
