Category: Forex
Forex Market Review – Euro eases off two-week high against dollar; Greek debt talks in focus
Euro eased off a two-week high against the US dollar as investors took the opportunity [...]
Forex News – UK retail sales rise sharply in December
UK retail sales rose sharply in December from November, jumping by 0.6 percent in line [...]
Forex News – Greek debt talks show positive signs; euro hits new two-week high
Euro hit a new two -week high against the dollar early into the European trading [...]
Elliott wave and technical analysis on USD-Index; EUR/USD; USD/JPY; VIX-Index; DJI; Shanghai Comp.; Junk-Bonds; Gold and Crude oil
You might have noticed that, an “Unknown” reader has had some issues with my analysis always being wrong. I surely hope they are not, but I just wanted you all to know, that you always are welcome to comment on whatever I’m writing. I might have overlo…
Forex Market Review – Asian FX markets consolidate gains
EURUSD opened at 1.2967 and traded a tight 1.2953-71 range with Asian markets being quiet [...]
EURUSD Daily Forecast: January 20
EURUSD Forecast
The EURUSD continued its strong bullish momentum yesterday, topped at 1.2971 and now testing 1.3000 resistance area after the break above the minor trend line resistance as you can see on my h4 chart below. The bias remains bullish in n…
Daily Forecast for Crosses: January 20
EURJPY Forecast
The EURJPY continued its bullish momentum yesterday broke and closed strongly above 99.00 and traded around 100.00 at the time I wrote this comment earlier today. The bias is bullish in nearest term testing 100.74. My major bearish scen…
GBPUSD Daily Forecast: January 20
GBPUSD Forecast
The GBPUSD continued its bullish momentum yesterday, topped at 1.5491 and closed at 1.5481. The bias remains bullish in nearest term since the rejection to make a clear break below major support 1.5270. A clear break above 1.5500 coul…
USDJPY Daily Forecast: January 20
USDJPY Forecast
The USDJPY had a bullish momentum yesterday, topped at 77.31 and closed at 77.07. The bias is bullish in nearest term especially if price able to make a clear break and daily close above 77.31 testing 78.00 area. Overall there are no ch…
USDCHF Daily Forecast: January 20
USDCHF Forecast
The USDCHF continued its bearish momentum yesterday and now testing key support 0.9320. The bias remains bearish in nearest term especially if price able to make a clear break below 0.9320 testing 0.9200 area. Immediate resistance is se…
