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Analysis Market overview

Top Market Opportunities 23.05.2022 – 29.05.2022

The forex markets are always in a state of flux, and this week is no different. Here’s a rundown of some of the key events that happened last week, and what you need to know in order to prepare for the week ahead: US10 slides below 3% despite Fed’s aggressive hiking cycle expected to continue […]

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Analysis Technical analysis

EURUSD 23.05.2022

Medium-term trend: Bullish The bull market is continuing. The price has already reached the target zone №1 1.05510-1.05414 and it is going to the target zone №2 1.06470-1.06374. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 1.05110-1.05014. In case of the […]

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Analysis Technical analysis

Daily Elliott Wave Forecast – EURUSD, OIL, SILVER (20.05.22)

Euro continues to accelerate against the Dollar as the trading week comes to a close. Despite looking impulsive, there are striking structures hinting at correction. In the short term, however, more upside is plausible. WTI holds firm above the $100/bbl barrier and although looking corrective to the upside, a flat offers bullish bias. In the […]

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Analysis Technical analysis

EURUSD 19.05.2022

Medium-term trend: Bullish The bull market is continuing. The price has already reached the target zone №1 1.05510-1.05414 and it is going to the target zone №2 1.06470-1.06374. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 1.04677-1.04581. In case of the […]

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Analysis Technical analysis

Daily Elliott Wave Forecast: EURUSD, GOLD, NATGAS (18.05.22)

Euro has made an impressive comeback against the dollar, but is this the reversal everyone expected? There are several short-term variations at play and a few of them will give us invalidation soon. Gold prints our main scenario where the minute wave 3 is going to be extended lower. Minuette wave (i) is completed, but […]

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Analysis Technical analysis

EURUSD 16.05.2022

Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 1.03538-1.03442 and it has a potential to reach the target zone №2 1.02578-1.02482. The best prices to try to have a short position are the control resistance zone 1.04550-1.04454. In case of the price is fixed upper the control […]

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Analysis Technical analysis

Daily Elliott Wave Forecast: EURUSD, USDCAD, AMAZON (13.05.22)

Euro has finally reached the $1.0375 target identified a while ago against the dollar. Although the structure of a 5-wave leg has or is likely completed, more downside can be expected near $1.0200. The break of $1.0375 is a must. Loonie continues to descend and recently broke back above $1.30. With yet another triangle invalidation […]

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Analysis Technical analysis

Daily Elliott Waves Forecast: EURUSD, SPX500, NATGAS (10.05.22)

Euro price action against dollar has turned sideways, suggesting a breakout is coming soon. As wave 4 could be already done, the move could be upward. Either way, another leg down could be expected in wave 5. The SP500 index has fallen to the 4k support identified a while ago and could break it. With […]

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Analysis Market overview

Top Market Opportunities 09.05.2022 – 15.05.2022

Last week the Fed, BOE, and RBA hiked interest rates as inflation continues to rise, with recent PMI data showing that inflation is set to rise even more. Central banks are faced with the difficult task of balancing the control of inflation while minimizing the potential damage from tightening as risks of an economic downturn […]

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Analysis Technical analysis

EURUSD 09.05.2022

Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 1.05458-1.05362 and it has a potential to reach the target zone №2 1.04498-1.04402. The best prices to try to have a short position are the control resistance zone 1.05881-1.05785. In case of the price is fixed upper the control […]

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