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niclaxfx

Hi traders, quickly we take a look at DXY after recent promising covid vaccine, market seem to be on a three wave pattern on the elliot ABC. What do you think Could the King Dollar be back

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Hey Traders, here we analyze USD-CAD after the NFP report: 🌼 Currently running trade, our analysis here is based on the breakout below the bearish consolidation penant inline with our NFP report of which we expecting a wave completion below 1.3000 price support levels 💭 In attached chart you could see the chart comparison in H4 TF and H1 TF both looking...

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📊 EUR-USD CHART ANALYSIS 🌼 Currently running trade, our analysis here is based on the currency correlation and wave analysis, in this chart we compared the market movement of the DXY weighed against the basket of 6 majors and EUR-USD pair on the H4 and H1 TF, on the H4 we can see the EUR is currently around the 4-weeks trend support of which we expect a trend...

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Hey Traders, heres a quick setup for a 100pip EUR/AUD buy trade. Let me know what you think in comment

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🌼 Well well well, while we all have been busy with the election polls😂 looks like bitcoin been stylishly taking us some unaware photos📸. 📈 New highs of $15,000 have been made and this brings back to the wall street market cycle. ⌛️ Only this time the question is: 💭 WHERE ARE WE RIGHT NOW⁉️ 💭As it turns out when we compare the market cycle to our present day...

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QUICK VIEW

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📉 In line with our last week poll, it appears the cable is poised for long downtrend movement, the chart seems to evidently support the case as the cable broke through our support arc only to be finding a short term solace at its two-weeks support @ 1.600 (labelled A & B) ⏳ An imminent break below the 1.600 will leave the market with no option but a further...

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📊 A WEARY GBP-AUD 🌅 Sterling has been on the heat seat for quite some time now, as the market continue to shrug amidst the covid-19 2nd wave in the UK. ❇️ Considering the TA of the chart, sterling is currently ranging around the 1.8400 resistance zone, of which appears to be a very strong long term resistance which haven't shown any sign of weakness lately. 🌼...

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📊 AUD-USD Analysis 🌅 The bears had the market for the last trading week, with 'em dragging the market down to 0.7000 support level as expected. 🥎 Market currently at consolidation level(💟 pink area on chart) as traders/investors struggle to decide the next move of market , AUD data being weak of late supports a bearish move below s1 to 0.6800 region and the US...

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📊 EUR-AUD ELLIOT WAVE ANALYSIS 🌅 As expected last week the bulls took the EUR by the horn upon retrace to the 1.52 price correction level, effect was rapid as the Aussie bears where rallying upon the Aussie due to the recent economic reports. 🗾 This week as seen in the H4 chart attached, we expecting a 5th wave movement on the EUR-AUD as the market is currently...

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FOLLOW THE CHART

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Sell setup

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Simple to understand

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Guppy concluded its 5th wave cycle and a likely continuation of a new wave cycle, weaker dollar in a favor of a bullish guppy

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EASY TO UNDERSTAND

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Gold approaching a solid support with an expected bounce in price.

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BITSTAMP:BTCUSD Bitcoin cycles for fourth elliot wave, expecting a correction back to 12k