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In the monthly timeframe on AUDUSD we are currently still correcting within the range of the first impulse which commenced on March 2020 and finished in February 2021 (first light blue arrow - upside). Initially (November 2022), standing the impulsive way the pair started moving to the upside, we thought the correction was over - at the (A) - and we were total...

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We're terribly late in publishing this idea but it's still good because we're talking about a 4 hr move. In fact, we would normally never take - and God forbid recommend - a trade with such a low risk to reward but in consideration that the target is in reality the 4hr target and that the 4hr cross in the red on the macd is already confirmed, we are pretty...

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Call it diagonal, call it squeeze or whatever other name you want to call it, the dollar index is now quite clearly in an ending structure. Will it break? Most likely yes, this week it should break out.

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Technically it is not the end of the day because in the U.S. the markets are still open, but as a last update for the day on the Dollar we will switch to the 30 min timeframe and see what happens: if from now on we will get a nice 30 min correction with its correlated cross in red on the macd (simulated with a brush) and the price will not just drop to retest the...

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For EURUSD, ahead of the dollar news (08:30 EST - NY open), we will keep the same setup idea we had in the London session, so we are attempting a sell. We are aware of the fact that our pending sell order might not get filled at all, because there is no divergence between subsequent tops on this complex move up, so it seems there is still a possibility for eurusd...

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This is pretty impressive. Gold did in the end reach the monthly target. We were expecting this, as this was the monthly forecast, but in the back of our mind we were kind of hoping it didn't go so high, in other words we were hoping that our forecast was wrong. Instead, after the main correction on the monthly timeframe (from September '11 to December '15), gold...

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EURUSD potential sell setups. Levels indicated in the chart.

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This is the second scenario that could still play out on the dollar index. If you've seen part 1 of this analysis, you will know that I have mentioned the fact that a solid direction has not yet been taken nor been confirmed. In this second scenario, opposite to scenario 1, the dollar will continue to be weak, therefore it will continue it's road to the downside....

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Which scenario is going to unfold, at this point, on the dollar index on the weekly and daily timeframes? That is the question everyone's asking. There are two scenarios still possible, because the direction has not been either taken not confirmed as yet. This is scenario 1: we will now go for a reversal of the dollar (dollar strength) to complete a regular flat,...

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On the weekly timeframe, Silver has been going through a very extended and complex B wave correction which we believe is coming to an end. If we are right about our analysis, this would represent an excellent trading opportunity because the expected movement of this precious metal would take the price towards the 17 area, and possible break the previous "A" top at...

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Following our previous analysis on the S&P500 index of listed shares (), we have been monitoring the index closely in its movements as it ultimately broke the weekly high around 2877. What seemed a first attempt to the downside was followed by an identical attempt, marking a running flat pattern (which we have drawn in purple). At which point we knew the index was...

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Following our previous daily analysis (), we can now see that the pair has already had a small impulse to the upside, commencing an upwards correction fo some kind. This might not be, however, the big correction we are expecting on this pair as yet. Bear in mind, in fact, that on the weekly and daily timeframe there are two running flat patterns, both...

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The NZDUSD pair did not behave as we expected it to do, and never turned for the big up move we were, for reasons of potential profit, hoping it would do. Our previous analysis is therefore invalidated and the chance that the pair goes to retest or break previous weekly highs is no more existent. However, now that we know that the pair has or is about to complete...

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The downward movement on the EURUSD seems to have stopped abruptly, calling for an analysis update. As it has become clearer on the daily timeframe chart, the sharp downtrend that commenced in April and has brought the pair to the 1.15 area, did then go for a daily correction, which is the first (A) wave of a greater correction. Once completed the A wave, the pair...

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Following our previous analysis on the S&P500 0.33% index of listed shares (), we are still expecting the downward move with an excellent profit potential and a great risk to reward ratio. The price action in the last sessions has put in play a new attempt of breaking the previous top, showing us a well known pattern in play that we are showing in this update....

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We are expecting the american 500 index to complete the "C" wave of the big 4hr correction it is currently in, before resuming it's longer term uptrend on the daily and weekly timeframes. From this moment on therefore, we will be looking for sell setups, on this pair. The pair has formed an ending diagonal type formation to the upside, preparing for the fall, and...

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As mentioned in our previous analysis on Bitcoin (), although the cryptocurrency was getting ready for an up move, this move to the upside (which is currently happening) remains a correction for future downside. In other words, the big daily / weekly upwards impulse everyone is waiting for, is still very far from happening as it stands now. This however, does not...

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NZDUSD seems to be in the process of beginning a minor uptrend the movement of which could potentially bring the pair to the 0.725 area. On the weekly timeframe, according to our last long term analysis, the pair is in fact in a longer term downtrend, however, before resuming such downtrend, it needs to complete its "C" wave to the upside, which represents the...