This market is pretty significant. If we see any downside here, then gold will continue rallying as it has been doing over the past few weeks. I'm looking for one final drop in GBPZAR before a larger pullback into resistance
The Dollar Index received a thrashing throughout the entire 2017, leading to most currencies strongly appreciating against the USD. This made for some good trading opportunities, especially for trend traders. If you missed this move, then you may get a second chance. According the the wave count presented above, the DXY may be correcting much deeper than a lot of...
Looks like the decline over the past few days has been impulsive as expected. I've been waiting for this pair to start falling for ages, but it has been very stubborn. I think that we will contine declining for the rest of the day today but maybe tomorrow or the day after we can see a bounce. That bounce will be a great selling opportunity with an insane RR. There...
After completing the ((e)) wave of the triangle, the market rallied just as expected. I am expecting this to travel to at least $22,700 but more likely $27,700. However, in order for this to be a viable option, $14,150 needs to hold price and not be penetrated. If it is, then expect much more bearish movement over the next few days and weeks. I would rather...