GBP/USD, GBP/EUR, GBP/JPY, EUR/USD, USD/CNY, DXY
LLOYDS BANKING GROUP PLC ORD 10P, FRONTERA RESOURCES CORPORATION ORD SHS USD0.00004 (DI), VODAFONE GROUP PLC ORD USD0.20 20/21, GREATLAND GOLD PLC ORD 0.1P, SBERBANK OF RUSSIA ADR (EACH REPR 4 ORD SHS), UK OIL & GAS PLC ORD 0.01P
FTSE 100, DAX Index, Euro Stoxx 50, S&P 500, Nasdaq Composite, Nikkei 225
Gold, Silver, Crude Oil, Brent Oil, Natural Gas, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
This market is pretty significant. If we see any downside here, then gold will continue rallying as it has been doing over the past few weeks. I'm looking for one final drop in GBPZAR before a larger pullback into resistance
We might have seen 5 waves down in EURGBP, suggesting that we will see further decline for the next few days and possibly weeks.
PLEASE NOTE: this can only be confirmed once we see a break of the significant levels noted on my chart! However, from a purely speculative point of view - I prefer the downside :)
Looks like the decline over the past few days has been impulsive as expected. I've been waiting for this pair to start falling for ages, but it has been very stubborn. I think that we will contine declining for the rest of the day today but maybe tomorrow or the day after we can see a bounce. That bounce will be a great selling opportunity with an insane RR. There ...
Recently, we saw most Cryptocurrencies decline in value. This gave us a good buying opportunity in Ethereum because it held the 0.382 retracement, suggesting a wave 4 low was in. This suggests that we are likely to see a further rally into Tuesday and possibly Wednesday.
We must be careful, however, since there is a signifiacant amount of divergence coming in ...
After completing the ((e)) wave of the triangle, the market rallied just as expected. I am expecting this to travel to at least $22,700 but more likely $27,700. However, in order for this to be a viable option, $14,150 needs to hold price and not be penetrated. If it is, then expect much more bearish movement over the next few days and weeks.
I would rather ...
Today i'm visiting my favorite Forex pair to look at and discuss a very long term Elliott Wave count that it appears to have formed. It appears as if in early 2008, a 5th wave completed as a high. From there the market has been clearly corrective, ultimately going sideways. A Zig-zag completed into mid 2015 and from there we have seen a sharp move to the upside. ...
I just wrote a lengths piece of analysis on this earlier but I lost it all.
The chart explains itself here.