Added by fx-Syndicate on December 2, 2012 at 10:30pm — No Comments
AUDUSD has been showing resilience against any subsequent bearish market sentiment. Many of us are expecting the pair to reach back to the parity, however, volume accumulation from Money Managers are being attributed in the investors' interest in the safe-heaven like high yield currency against anything EURO.…Continue
Added by fx-Syndicate on July 16, 2012 at 7:30pm — No Comments
GOLD has been maintaining a Symmetric Triangular range since it dropped from all time high 1900 area down to 1500 level. Money Flow into the safe heaven assets such as Treasury and Gold, keeping it at a strong support level.Continue
Added by fx-Syndicate on July 10, 2012 at 10:00pm — No Comments
Potential Shorts on all charts below: Picture Speaks Louder Than Words.
Added by fx-Syndicate on June 27, 2012 at 3:30pm — No Comments
Recent USD weakness against YEN may not last too long. According to the Daily Elliot Wave analysis, a strong Support lies around 78.70-79.00 area. Also, notice 200 Day SMA as a Support in the same price zone. If this Chart structure remains in place, we might see a small bounce and sideways upside movements this…Continue
EURUSD short projection from Thursday night based on Elliotwave and Volume Distribution is still in progress. As expected, the pair seemed to continue the impulse from Thursday after the Flat correction.
The alternate counts are revised for the continuation of the impulsive wave, and a…Continue
EURUSD seemed to fail extending its gain towards 1.28 ABC correction and ended on a ABC FLAT. Yesterday's Volume with bearish sentiment kept the pair on a range until morning, and then it appears to be the beginning of a new impulse.
Under this impulsive move, we have a new structure in…Continue
Added by fx-Syndicate on June 21, 2012 at 5:00pm — No Comments
We had to redefine some of our shorts from yesterday and had to close our positions with less than expected profit targets. The main reason of this bias was Volume Accumulation and Distribution. We have noticed very unusual Volume spike in Commodity currencies yesterday that changed our market sentiment towards the Bullish side as the volume Accumulated over the Asian Session and triggered Longs.
Today, we saw further gains in stock indices as well as currencies as…Continue
Added by fx-Syndicate on June 19, 2012 at 5:09pm — No Comments
USDCAD is following the wave projection with precise technical manner. We made a projection on Jun 10 for the pair to fall all the way down to the 1.0050 area inside the ElliotWave corrective context.Continue
Added by fx-Syndicate on June 19, 2012 at 1:35pm — No Comments
EURUSD correction has been a nasty play for the traders for the last couple of weeks. The 4th wave correction is complex and the momentum is frustrating in nature. That's why corrective wave trades are always tricky.Continue
Added by fx-Syndicate on June 15, 2012 at 3:00pm — No Comments
Six German banks were downgraded just couple of days ago when Euro almost ended it's impulsive downside move. Many expected EURUSD to hit 1.20 level before any rebound; however, market does exactly what the order volume dictates. Syndicate profit taking triggered at 1.23 Level which was the highest Volume at the Distribution phase and the beginning of the new Accumulation Phase--thanks to the NFP Data. A bullish sentiment has been created in the market by the first impulse from 1.23 level…Continue
Added by fx-Syndicate on June 7, 2012 at 3:00pm — No Comments