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EWP

EURGBP (RP) - GLOBAL FORECASTHello Dear Traders! We have noticed, that in present times, a lot of arguments and views on the currency pairs EURUSD&GBPUSD, but no one takes into account, the Elliotte Waves markup of EURGBP in terms of additional option. Although it is also a powerful tool and indicator of moods in the intermarket calculation of 6E&6B. (John Murphy) We want to dispel all the myths about some obscure bullish trends. The currency EURGBP (RP), just shows that the direction of the major pairs to prevail downwardly! Of course, we have reviewed almost, all the variants of the EURGBP (Uptrend, Downtrend), through the Wave theory, however, in the short-term forecast, more growth(even 0.76000) is possible and may be long-term correction, but in any case, the price will test, as soon as it possible the lower price limits - 0.69347, 0.68219, 0.66000, before serious uptrend! In conclusion, near future we will see, the fundamental continue of downtrend on the markets GBPUSD&EURUSD! Merry Cristmas&Happy New Year! We wish you, all the best! Powerful Traders.
Short
by POWERFUL_TRADERS
GBPUSD (6B) - Intraday ForecastHello, Dear Traders! There is a difficult situation! Despite the apparent formation, of prospective "Leading Diagonal Triangle", the situation remains uncertain and significant. At the moment the situation dominates the higher timeframes. We say very carefully, that the Wave theory, fundamental analysis, according to the Volume, Delta&Cluster, says descending tendetsii in any case, until a significant core of Buyers. Merry Cristmas&Happy New Year! We wIsh you, all the Best! ;) Sincerely yours, Powerful Traders!
by POWERFUL_TRADERS
17
EURUSD Month forecastEURUSD (6E) - There is the hard time for trading!!! We don't like correction time in EWA/EWP! Due to the price has minimum binary or triple variants of the price progression! Suppose, you can see the point of our view. Please, take care your self & your trading. In the near future (maybe next wednesday), the most safest variant, just buy at price 1.07560 (1.07264 - month buyers core), S/L 1.06818, T/P 1.09163. That's all! Have a nice trading! Best Regards!
Long
by POWERFUL_TRADERS
3
World Cup Defending Champs, Major Upset! $EWPThis is why... You see, four years ago when Spain won the World Cup, the iShares MSCI Spain Capped ETF (NYSEARCA:EWP) had come into a major support level on the charts, while making a significant higher low at $29,85 in the monthly chart. Shortly after the nation's team was crowned World Champion of the 2010 FIFA World Cup, the iShares MSCI Spain Capped ETF (NYSEARCA:EWP) rose for nearly a year to a high of $45.80. Three years later, and after a major down draft on this ETF, price is interestingly enough came right back into that level. Unlike the last time the World Cup was on, the chart of the Spain ETF is telling me that it will upset many investors this time around, as well as millions of soccer fans from this nation. At this time, looking at the monthly chart once again, the iShares MSCI Spain Capped ETF (NYSEARCA:EWP) seems to be putting in a lower low, after rallying from a lower low put in place two years ago at $19.73. The EWP is currently trading between two major levels of resistance; the first level is $44.11 and the second is $44.94. I do not expect the upper level to be broken, and the iShares MSCI Spain Capped ETF (NYSEARCA:EWP) should start to pull back as early as June, perhaps accelerating to the downside on July as the defending champions lose in an upset. The level from where the defending champions can bounce back, will not occur until the iShares MSCI Spain Capped ETF (NYSEARCA:EWP) reach the $34.94 level. At that price you can own this ETF for a multi-week bounce. However, do not fall in love with it as the larger time frame is telling us that the defending champions do not have a great shot at winning another World Cup and the iShares MSCI Spain Capped ETF (NYSEARCA:EWP) could in fact make yet another lower low. With the World Cup games about to kick off, we have created a fun way to find stocks to trade based on the action, and let the best stock pickers win CASH PRIZES!! This contest is totally free and open to everyone... check it out here. Don't forget to follow us on our google+ page, facebook fan page or follow me on twitter @KiliamLopez as we will be posting more articles as well as helpful resources. Kiliam Lopez Elite Round Table
AMEX:EWPShort
by KiliamL
3
SPAIN: Confluence short, or the art of patienceSecond rejection at the same area, after gun the shorts first - including mine- at 10,500. Another try at 0.764 from 2010 highs to June 2012 lows, upper BB boundary again, and the same diverging momentum, produced a BE weekly candle, just like the one we saw at the end of January. If will continue down or not, its up to the Blood Moon I guess. Strong support at 10,100-120 area and 9,800 as well. The trend is clearly up and the bottom IH&S has a roughly target above 11,500. Remember that Spain is borrowing from the markets currently with a lower rate than USA. The fact that it's unemployment level is close to 30%, with the 24-34 ages touching 60%, I guess make the economy stable. Go figure the bankster world we live in... Last but not least, the need to practice patience is clearly shown at the chart.
FX:ESP35Short
by pantheo