Overview: Pivot point : 1.0033. The USD/CHF pair continues to move upwards from the level of 0.9991. The market has been trading around the spot of 1.0033 since yesterday. The pair rose from the level of 0.9991 (the level of 0.9991 coincides with a ratio of 50% Fibonacci retracement) to a top around 1.0033. The […]

Overview: The NZD/USD pair continues to move downwards from the areas of 0.6988. The market is still moving around the spot of 0.6969. Today, resistance is seen at the levels of 0.6988 and 0.7018. So, we expect the price to set below the strong resistance at the levels of 0.6988 or/and 0.7018; because the price […]

Get your daily market and Forex news analysis from leading Forex and market news analysts only at http://www.xm.com/market-analysis-video
Professional Forex news analysis on all major currencies: (EUR/USD) (USD/JPY) (GBP/USD) (USD/CHF), (USD/CAD), (AUD…

It’s time for Friday’s Main Daily Trading Signals. Here’s how the technical models line up with the interbank sentiment at 8 AM GMT. First up is the Euro/Dollar with 4 and 7 sell prompts on its 1 and 4-hour charts, respectively. The 24-hour scale is split between red and neutral signals, but, in contrast, the […]

US non-farm payroll and unemployment for March will be released this Friday at 13:30 BST. In the past three days, the dollar index was oscillating in the range between 100.30 – 100.65. It edges up this morning during European sessions. Be aware that the release of the US labour market data this afternoon will likely […]

Global macro overview for 07/04/2017: Another set of good data from the US job market has hit the newsfeeds yesterday. The US Initial Jobless Claims declined to 234k in the week ending April 1st from a revised 259k the previous week (which was originally reported as 258k) and were significantly lower than consensus forecasts of […]

Trading plan for 07/04/2017: The night session was primarily the talk of Donald Trump, the president of the United States, and Xi Jinping, chairman of the People’s Republic of China. According to reports from Reuters, relations in the Washington-Beijing line have been warming up. Both sides are looking to expand their partnership – also on […]

GOLD broke to new highs above the 2017 highs earlier tonight after the attack in Syria by the US army forces. We should expect a pullback or a back test of the broken resistance level at $1,257-60. In the long term I remain bullish looking for $1,300-$1,310. Blue lines – trading range The price broke […]

In the final few months of 2016, Amazon’s share price sat out the broader stock market rally. Yet on December 30th, we showed subscribers a price pattern that did indeed anticipate the 3-month, 20-percent-plus rally in Amazon. See that price pattern for yourself. http://www.elliottwave.com/Trader-Analysis/Traders-Classroom http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/About/About-Us Learn How the Wave Principle Can Improve Your Trading

Learn about the precarious position of European stock markets. For a limited time, you can try Global Market Perspective for just $1, a savings of 98% — http://bit.ly/2nPNfc5 Learn How the Wave Principle Can Improve Your Trading

Overview GOLD keeps its stability above the intraday bullish trend line, while the EMA50 keeps supporting the price from below to keep the bullish trend active for the rest of the day. We remind you that we are waiting for breaching 1,263.17 level to reinforce the chances for extending the bullish wave in the near-term […]

Overview Silver price keeps fluctuating near 18.30 level and it gets good positive support from the EMA50. Notice that stochastic provides positive overlapping signal that we wait to motivate the price to breach the mentioned level then opening the way towards the extension of the bullish wave on the short-term basis. In general, we keep […]

Spot GOLD has been consolidating in the range between 1238 – 1260 in the past two weeks. The bulls have failed to break through the short term major resistance level at 1260 over the period. On the 4-hourly chart, the current price is trading below the downside uptrend line. In addition, the 10 SMA is […]

Wave summary: We continue to look for a break above minor resistance at 1.5347 to confirm that wave [v] higher towards at least 1.5570 and likely even closer to 1.5790 is unfolding. In the short term, support is seen at 1.5210 and again at 1.5151. The later support should be able to protect the downside […]

Wave summary: The corrective decline from 124.09 in wave (iv) is now in its final stages and could complete any time now. As long as minor resistance at 118.80 is able to cap the upside, we could still see a final spike to the downside closer to the 116.83 -116.99 area. From here or upon […]

GOLD price back tested the cloud support as we expected and bounced back towards its recent highs and important medium-term resistance. The bulls need to break above $1,263 and hold $1,240. I remain bullish looking for a breakout towards $1,280-$1,300 first. Blue lines – sideways channel Gold is trading above the 4-hour Ichimoku cloud. Trend […]

http://www.elliottwave.com/Investor-Research/Financial-Forecast-Service ?tcn=ytv1703 Almost everyone knows that stocks are risky. Yet, new evidence shows that stock picking is fraught with even more risk than many investors might realize. Let’s look at the return profiles of individual stocks from a recent academic study. Learn How the Wave Principle Can Improve Your Trading

Technical outlook: The EUR/USD pair finally looks to put up a counter trend rally with the prices pushing higher into resistance zone around 1.0690 level intraday. It still seems that there is more room left on the upside to materialize before the pair could reverse towards larger down trend. The wave counts are indicating that […]

Recently, the GOLD has been trading downward. The price tested the level of $1,252.00. Anyway, according to the 30M time frame, I have found hidden bullish divergence on the moving average oscillator, which is a sign that selling looks risky. Also, there is a doji candle in the background, which is another sign that sellers […]

We have mined 363,763,732 pounds of GOLD In ALL human history  All the gold EVER mined Still exists today In accessible form  Electronics, Computers, Medicine, NASA Vehicles, Glass, EVEN Food (don’t try this at home) A Ton of Gold Would cost $48.2 Million Are you ready to trade gold? easyMarkets ready.trade The post Things You […]

GOLD price stopped its rise at the previous highs near $1,263 and is showing reversal signs. A back test of the break out area at $1,247-50 is justified. In the long term I remain bullish expecting a move to $1,300-$1,310 first. Gold is trading above the Ichimoku cloud. Trend is bullish in the 4-hour chart. […]

Click here to submit any questions or feedback you may have and we’ll do our best to get to them in our next episode: http://www.elliottwave.com/About/Customer-Care/contact-us?g=etv Learn How the Wave Principle Can Improve Your Trading

Going into April, too many world financial markets look
too complacent. See the charts & pictures for yourself.
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/Investor-Research/Global-Market-Perspective
http://…

Technical outlook: EUR/USD continues to find interim support to terminate wave (1) and begin its counter trend rally towards wave (2) as depicted on the 4H chart above. The pair lags behind its counterparts like GBP/USD and USD/JPY which are presumably into their respective wave (3) already. We shall bring those setups sometimes later this […]

Wave summary: Currently we are looking for a break above minor resistance seen at 1.5347 as confirmation that wave [iv] has completed with the test of 1.5149 and a new impulsive rally now is unfolding in wave [v] towards at least 1.5570 and likely even closer to 1.5797 as the ideal upside target. R3: 1.5456 […]