After 2009 bottom S&P 500 is near ending 5-wave bullish structure! Around 2400 at most should start 3-wave correction that will send it back to it's previous highs...1570 area!
Buy bonds before markets shifted back in their direction! If 10-year's bonds yield breaks below the very recent trendline nothing can stop it to go to 2%!
SPX500 managed to recover some losses in European premarket but direction is down! Around 38.2% Fibonacci correction is good place to sell! Target - 2025!
Potential end of wave 4 on the daily chart in the area between 50% and 61.8% retracement of wave 3!
Waiting for little move up to sell again targeting area between 50% Fibonacci retracement of recent up move at 102.82 and 103.00
Gold found good support around 38.2% of it's recent rise! After it's consolidation it's time for another rise!
If manage to break above 1.30 buy when price retest that area. If not able to break above 1.30 sell!
After forming double top formation Kiwi is about to break the support! Sell the retest! Target 0.6620 area
After 5-wave downward movement USD/JPY correcting higher! Think it's good to buy at point B (somewhere between 50% and 61.8% correction of the recent upleg and around 113 level targeting 116.40
0.762 should be interesting for long position in EUR/GBP as Cypher pattern D point coincide with 50% fibonacci retracement of the very recent up-move and the projection of the 200 SMA on 1H chart
$SPX500 broke the trend started from 12/30/2015 and now ready for retrace! First target - 1934 - where stand upper line of the very recent channel
Monthly chart in EUR/USD looks like the long-tern upward channel is holding! Next target - 1.20!
NZD looks good for long against USD but needs to clear 0.674 first
Bulls are not able to push the prices to the upper board of the triangle! Sell the break - targer 1910 area!
Today will be announced decision of the FED about US rates! I think there won't be hike today so this will be USD negative! I expect EURUSD to break 1.1350 level and test the most recent accelerating trend line somewhere around 1.15! After that we could see retrace to 1.1350 again and next attempt to reach August high of 1.1712! If FED decide it's time for a rate...
After soft US data hope for no hike tomorrow brought USD down but shares gone up