Natural Gas (NATGAS) has completed Cycle Wave A (dark blue) with the ABC Primary Waves (purple) Structure. Cycle Wave B (dark blue) has unfolded as a WXY (red) Zig-Zag Pattern. Wave Y (red) is unfolding with the Minor Waves (pink) ABC Structure which is most likely going to finalize with an Ending Diagonal in C (pink). The Ending Diagonal (green trend-line) should...
NGASUSD (natural Gas) is preparing to finalize the Cycle Wave B (dark blue). This Corrective Cycle is ending with Intermediate Wave (C) (red), with Minor Wave C (pink) and Minute Wave V (black). Fibonacci Extensions from Intermediate A&B (red) and Minor A&B (pink) are confirming that the 150-161.8% Values will pose as Major Support Lines, as they are pointing out...
GBP/JPY is about to have Big Swings. BOJ (Bank of Japan) Press Conference is approaching, on the 16th March, right after the FED's Rate Decision. GBP/JPY's Wave Count is showing short-term weakness towards 132.80 Levels. After Minor Wave 3 (green) finalized with Brexit and Flash-Crash, GBP/JPY has started the Corrective 4th Minor Wave (green) which is expected...
ECB (European Central Bank) will announce the Minimum Bid Rate today, followed by the ECB Press Conference held by the one and only Mario Draghi who is known to rock the boat with his insights on the Monetary Policy. The ECB is widely expected to keep the Policy unchanged, however, since the last monetary policy meeting in January, Inflation picked up...
USOIL (WTI) has dropped significantly, as per the previous analysis posted, and is about to finalize Minor Wave Y (red), with it, the Intermediate (B) (light blue). We are looking towards a Long Set-up which could provide a Medium-Term Trade towards 60 Levels. After Primary B (green) has completed (after an Intermediate Running Flat), Intermediate (A) (light...
DXY is overall still vulnerable and within the down-trend for Minor 4 (black). As projected in our previous analysis for DXY, Wave X (red) has completed the Right Shoulder (Head & Shoulders Formation) and started Wave Y (red), just as we expected in the FED Rate Decision video. Minute Wave Y (red) is unfolding as a Zig-Zag within Minuette ABC (turquoise). Minuette...
GOLD (XAU/USD) has dropped nicely from our previously posted SELL 1260 Levels and hit the 50% Fibonacci Retracement (red) of Intermediate Wave (1) (light blue), thus confirming Minor A (red) within Intermediate (2) (light blue). Minor B (red) has retraced with a powerful 78.6% Fibonacci Retracement of Minor A (red) and is about to complete its ABC Minute Cycle...
EUR/USD is still overall in a Bullish Trend for the Intermediate Wave (Y) (black). Intermediate Wave X (black), trade which was posted previously a the top of (W) (black), has finalized. Intermediate Wave (Y) (black) is about to complete the its first leg from the ABC Minor within its structure. Bullish Minor A (light blue) (EUR/USD trade which was posted...
GBP/USD has started Intermediate Wave (C) (golden) as per our previously posted analysis for the Bullish Minor A (blue). Corrective Minor B (blue) is about to begin its Structure as pointed out by the present Main Bearish Divergence. Minor A (blue) is about to complete its cycle, with Minute 5 (green) about to form its last local high, therefore waiting for the...
Dollar/Yen (USD/JPY) has completed Intermediate Wave X (red), as per our previously posted analysis. Intermediate Complex WXY Structure is about to complete with Intermediate Y (red) finalizing its 5 Minor Waves (blue) Pattern. With Intermediate Y (red) coming to an end, so will the 4th Primary Wave (purple), leaving room for a continuation of the Main Up-Trend,...
XAU/USD (GOLD) is still overall Bullish but about to start a Correction before a Major Up-Trend. Forecast for this Precious Metal is Short-Term SELL and Long-Term BUY. The current Medium-Term Up-Trend which started on the 10th of March is about to end its Cycle and is in fact a piece of the puzzle for the entire Bullish Intermediate (3) (light blue), which is...
USD/CAD (dollar/loonie), on the larger scale (daily), is overall trading within a Complex Corrective Structure, labeled as Cycle Wave IV (green). The Complex Corrective Structure started unfolding in Jan 2016, with its first leg labeled as Intermediate (A) (red). It took Intermediate (A) (red) about 3 months to complete its Bearish Cycle, which would make us...
Euro/Dollar-EUR/USD is about to complete the 1st Bullish Leg of our previously posted French Elections Trade. We are looking at a temporarily weakness in the Euro/Dollar-EUR/USD as the ABC Minuette Retracement (red) for Minute B (green) is about to shoot towards 1.07500 Levels, which represent 50-61.8% Fibonacci Retracement (red fibs) of Minute A (green). Withing...
Dollar-Index (DXY) unfolded back in Jan with our posted Minute WXY Complex Corrective Structure for Minor 4 (black). The Bearish Trend is about to complete and we are looking at a Trend Reversal, as the Cycle for Minor Wave 4 (black) is coming to an end, with Minute WXY (red) completing its Double Zig-Zag. Minute X (red) unfolded as a Double Zig-Zag, as per our...
Pound-Dollar-GBP/USD has been trading within a Major Consolidation within the Corrective Cycle Wave IV (black) after Brexit Referendum & Flash Crash. We are thrilled to announce that the Corrective Cycles are coming to an end and that a Major Trend Continuation shall commence very soon, with the Cycle Wave 5. Cycle Wave 5 (black) could reach 1.1600 or 1.1000...
EUR/USD-Euro/Dollar has touched our previously predicted and mentioned 1.09800 Levels, as per the posted analysis. Due to Price Action developing recently, we have decided to update the SELL Positions and Levels. EUR/USD-Euro/Dollar is unfolding with Minor C (light blue) which is the last piece of the puzzle for the entire Primary Corrective Cycle (ABCDE...
EUR/USD-French-Elections - Bullish Intermediate Y - Technical Set-up: EUR/USD finalized our previously posted Bearish Minor B (blue) and it bounced off the 1.05700 Levels, shooting towards the Intermediate Wave C (blue). In our view, Intermediate C (blue) is the final wave for this Corrective Cycle (Intermediate WXY (black)) and we will be very interested in a...
SILVER-XAU/USD delivered our previously posted and awaited Correction. According to the updated wave count, the March-April Up-Trend is in fact Minor Wave 1 (turquoise) within the Higher Degree Intermediate Wave (3) (light blue). Minor Wave 2 (turquoise) retraced 78.6% of Minor 1 (turquoise) which is indicating that the Correction is about to end and the overall...