DE30 corrective before the bullish stormA trendline is forming, RSI gives an overbought signal and the price reaches an all time high with reassuring news on the German economic level. A corrective wave could happen in the next few days before an all time new high. Stay tuned !
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MacroForex
Setback
18/12/2017 BTC/USD AnalysisThere is a setback after a strong bullish rise, reaching almost the 20.000 level.
14/12/2017 FTSE100 AnalysisThere is a setback after a strong bullish trend, reaching the support level again.
14/12/2017 S&P500 Analysis"Wall Street ends down; investors worry about tax bill passage" www.reuters.com
AUDUSD trading In A Three-wave Setback; More Gains Can FollowAUDUSD did not move much recently, so our view remains unchanged; we still see pair making a corrective set-back in wave B which is now trading into some interesting Fib. Support zone with sub-wave c, here at 0.7579 area. We think bounce may occur from here, but keep in mind that wave C leg may occur only if price crosses above 0.7620, which would be a confirmation of a completed c wave.
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28/11/2017 EUR/USD AnalysisPrice has a setback, breaking the bullish trendline, due to strong dollar.
14/11/2017 US Oil Analysis"Oil falls 2 percent on rising U.S. output, global demand concern" www.reuters.com
8/11/2017 US Oil Analysis"Oil settles lower as U.S. crude output up, China imports down" www.reuters.com
