tugonu

tugonu Nov 15, 2016

There appears to be an elliot wave formation, supported with Fibonacci Speed Resistance Arcs.(1) to (2) is on the 0.382 arc and (3) to (4) is on the 0.618 arc. My prediction is that the correction wave will hit the 0.786 arc and (B) to (C) will be on the 0.786 arc.

tugonu Aug 29, 2016

The triangle patter shows an expected fall for EURGBP

tugonu Aug 25, 2016

Gold is converging while following the fib retracement. The main trend is between 0.618 level and 0.236 level. It has already broken the main trend once, now it is breaking the trend for the second time. A short-term long position may prove to be profitable.

tugonu Aug 24, 2016

A converging USDJPY trend is present. RSI is headed upwards implying a short-term long gains. If the trend continues USDJPY will hit 100.447 level at the end of the convergence.

tugonu Aug 24, 2016

There is a potential Gann square formation present. EURCHF has touched the archs of the Gann Square five times already.

tugonu Aug 23, 2016

There appears to be an upward trend or an elliot wave. In both cases oil is going to up.

tugonu Aug 22, 2016

There appears to be a coverging trend. The turquois (light blue) trend is the outer trend and the dark blue/purplish is the inner trend. Gold has broken the inner trend trice already and now it is breaking it for the fourth time. The breaks are in the form of two peaks (troughs). The breaking peaks form the outer trend. So as of now another peak is expected before...

tugonu Aug 22, 2016

There is currently an upward trend forming. A diminishing sine line can be observed.

tugonu Aug 22, 2016

There is an upward trend; however, it is getting weaker and weaker. Especially with the second and third peaks. Plus with all the FED/interest rate uncertainty there is a possible fall. If, on the other hand everything goes well, the trend will stay put and we will possibly see long-term gains.

tugonu Aug 19, 2016

An upward trend is imminent. The dashed lines show the resistance and support levels. GBPJPY will hit the upmost dashed line.

tugonu Aug 19, 2016

As it can be seen on the chart, there is an elliot wave forming currently. Momentum indicator is inclined to the zero level a possible trend change until it reaches the 5th change. FX:GBPUSD Although it is a short-term trade it can be worthy. Do be looking out for any news that might affect the GBPUSD market.