There are initial signs of a good corrective recovery to at least 1.3817 or even above 1.3860. Supports at 1.3714 and 1.3654 zone.
extended impulse wave up 1.3846
It should trade lower to 1.3677 or 1.3647 in extension while 1.3697 - 1.3708 offer resistance. A break of 1.3725 will damage this bearish view.
I try to sell under 1.3725 of cource in bigger view we can try to sell under 1.3780 but for now if breakout above 1.3730 so going to 1.3780 and if breakout under 1.3720 we back to 1.3670 till 1.3620…Continue
preferred outlook is for a drift down to 1.3643 or below 1.3620. Resistances are at 1.3667 and 1.3679. A rise above 1.3702 would delay but not abort this expected fall.
After last Buy , i going to start sell from now under 1.3705/10 i looking for 1.3640/20 as target , and continue to sell under 1.3620 but we have correction there…Continue
Added by benyamin fard on December 26, 2013 at 10:27am — No Comments
Current rise should end around 1.3706 or 1.3718. Objectives of this downmove are 1.3672 or 1.3648. A rise above 1.3741 is again bullish.
flat correction up 1.3765…
gains to 1.3718. Supports at 1.3653 and 1.3634. A break of 1.3588 will damage this bullish structure. Key Point
elongated flat correction up 1.3761
It should trade higher to 1.3792 while 1.3746 or 1.3733 offers support. Stop loss below 1.3699 zone.
view is for a drift down to 1.3731 or below 1.3702. Resistances is at 1.3748. A rise above 1.3794 would delay but not abort this expected fall.
I going to sell under 1.3750 till 1.3700 or 1.3690 But we have correction till 1.3800/10/25 but continue to sell position under 1.3810/20 till 1.3690 and under 1.3690 sell continue till 1.3620 …Continue
Current fall is near an end of wave around 1.3708 zone, a rally should then proceed to above 1.3767. Fall below 1.3679 would cancel this scenario.
But below 1.3740 i looking for sell till 1.3708/00 or 1.3690 .
Other side when market will be open in (16 Dec 2013) in 1.3740 or…Continue
drift down to 1.3726 or below 1.3699. Resistances are at 1.3753 and 1.3765. A rise above 1.3792 would delay but not abort this expected fall.
Elliott Wave correction zigzag 1.3702
Supports and Resistance levels…
I have given today (12 Nov) my monthly once twin webinar "Tracking the forex market together" part I and part Ii.
I have explained how the live market quote page can be used as a single tool to track the market with regard to their times and types of moves to determine the next move we could see in coming hours.This way we can predict the expected market moves following the move happening now .
Based on that market reading I have taken the…Continue
It is monthly trend reversal time.
Currencies are expected to make very volatile moves in this week.Both drop and rise may be seen in numerators and the denominators could gain considerably.
I have explained the expected market moves for this week 28 oct -01 Nov mainly the month end moves and also the levels the curencies could show as high and low in this week .
You can view the recorded webinar following the given below…Continue
Added by Dr. Sivaraman on October 28, 2013 at 7:18am — No Comments
I have explained the expected market moves for this week 14-18 October during my 'Asian session: Live market analysis' webinar.The session wise moves for the 5 days are explained to take timely trading decisions.Besides the range in which the majors are expected to move are also given.
From the week after next the market timings followed will change and the details are explained during the webinar.
The link to the recorded webinar is given…Continue
Added by Dr. Sivaraman on October 14, 2013 at 9:43am — No Comments
Today (08 Oct) I will track the market along with you during my live Twin webinars -"Tracking the forex market together " Part I & II.
I will explain the simple market tracking technique following the market timings,types of market moves using the live market quote page as a simple tool to track all the tradable pairs.
We also identify which 2 pairs they handle at a given time to take positions in them to close the trade with profit within the same session…Continue
Added by Dr. Sivaraman on October 8, 2013 at 3:30am — No Comments
EUR/USD shot as high as $1.3608 following Mario Draghi's ECB rate decision press conference. Draghi did three things that helped boost EUR in my view:
1.) Although he said the ECB is willing to act with another LTRO, and rates will remain the same or lower, he stopped short of actually announcing a new LTRO program or other measures to increase the liquidity of euros.
2.) Draghi expressed less pessimism toward the EZ economic outlook.
3.) He didn't jawbone EUR lower. He…Continue
Added by Brent Carlile on October 2, 2013 at 3:49pm — No Comments
Added by Futuristic on September 29, 2013 at 1:00pm — No Comments
Trader,s stay away from market America Ready to attack on Syria high volatility expected may be today they do it....
we may see market after attack
OIL 111-115 area
or May be
GOLD 1455 or 1480
EUR 1.3550 area
Stay away or use small lot.