I expect the pair to move further down before continuing up. I'm following this intraday sell setup on the m15 chart. If we get a double wave up with bullish divergence at the end near the trend line I will short the pair. Setup is invalidated once the up trend line is broken up.
There is a very nice and promising sell scenario forming in USDJPY. D1 chart - bearish divergence is already there, strong resistance zone and a trend line. H4 chart - two cycles coincide around 107.30 zone which would be a perfect place to sell once the divergence complete itself and
For over a century, the global economy has been developing in well determined cycles which have been scaringly exact! It is divided into 2 parts, half of it describes a strong bullish market, while the other half represents a non-trending period with more crashes and recoveries. Interestingly, since March 2000 (which is the begin of present sideways cycle's half...
Price is starting to get a bit over extended in Crude. Wait and see if price can break 49 to the psych 50 level. I am sure there are a lot of buy orders at 50.
Seeing a long-term cycle forming. Maybe it's just a mirage, who knows.
Platinum along with other precious metals started a bull market around february. After two attempts to climb above 1000, we are now at the third of these tops and heading towards correction. I still believe the primary trend is upwards and support will be met with 50MA around 960. Note that last three new moons (blue spots) market peaked and reached bottom around...
A dip in the price of oil is cyclical leading to the ability to short if a suspected oil retraction is expected.
Interesting observation using the "time cycles" tool. Last 3 time cycles have been the near exact highs and lows of the SPY. If we bounce down from here, it would be quite the coincidence! I would assume we see near new lows at the bottom of this new channel, but beware - just because its happened the last 3 times, it obviously doesn't mean its a pattern. Just an...
This is a long term historic analysis of SPX showing the length of the bull market and its following decline. The MACD in this case is quite acurate to identify this long term tops. Following that we are already now on a long term bear market and the last top was around februrary 2015. It is not clear how long is it going to take to fully retrace as we did on the...
There is clear 84 period cycle forming here. From what I can see I would expect a rally from the 1.10.2015 (or around this date) going well up into 2016. I feel it should comfortably make it up into the shown resistance zone and is currently sitting on a support zone from 1995. I would turn to my weekly and daily charts to look for an entry into this potentially...
Since January 2015 the EURCHF has been in a somewhat dormant bullish trend, with some dips and sideways movement, however there hasn't really been a sign of a definitive trend. We had some potential signs of a bullish trend in July 2015 with a breakout of the range (highlighted by the rectangle to the left. We had a re-test of the range and then a further move...
The pair completing the double cycle on weekly TF and it's good to look for small risk sell as the reward we can get is just HUGE
We can see possible pivot zone at price 111.5 almost matched with all time high and low Fibonacci 50%. It is like the magnet and support / resistance for the price. If we take the distance between previous major highs the ongoing time period of same 106 month going to an end in 2016-04-01. Market is not always unfold into same length periods, but we can see some...
Last big swing since 2009 look like very similar to previous swing (2000-10 - 2009-03), just higher in channel up direction. If consider that it can be the same length - yet 18 month left until same period. Same goes to price - it is in the middle point close to all time high and low Fibonacci 50%. We see two possible support zones at confluence of Fibonacci...
This pair seems like have some kind of equilibrium zone and symmetrical cycles. We can see 124 months lasting cycle above equilibrium zone since market break out of it in 1994-03-01 and broke through again in 2004-07-01. And in 2015-07-01 we see another break through into upside zone again. This is 130 months period (close enough to first one of 124 months). If...
As some markets analysis models suppose - there are major market reversal cycles somewhere around 7 years length. As we connect two previous lows on the monthly chart (2001-06-01 and 2009-01-01) appears next same length low could be expected at the end of this summer (2016-08-01). That's 91 month cycle (7 years and 7 months) and one more lowest low was 94 month...
It is obvious - market was in huge channel for the past 8 year since 2008 crisis. Lots of theories suggest that markets evolve into big cycles of 6-8 years. As we add even cycle pattern on this monthly chart, we see the past 2 cycles evenly changed direction after 8 years period. And now we are at the end of last cycle (90 month) since last trend reversal. As it...
As We all know nothing goes up/down in a straight line, and with all the bearish sentiment for Oil and CAD we are sure that the turning point is near. Of course, one of the most important rules is not to try to catch the turning point (TP) "do not catch a falling knife" *****So we are not saying to short USDCAD now****** In the monthly chart it is clear that...