Technical Analysis

Short term DAX Elliott Wave view suggests the rally from 5/18 is unfolding as a double three Elliott Wave structure. Minute wave ((w)) ended at 12879.5 and Minute wave ((x)) pullback ended at 12617. I...
Technical Analysis

Selling this EUR/AUD resistance zone gave day traders a short term bounce, but the bearish momentum was short lived and price subsequently rallied hard through the level. Just from reading the online ...
Technical Analysis

Gold surrendered its small gains and was trading lower on the day at the time of this writing. The precious metal looks heavy mainly because of a firm dollar. The greenback rallied after the Federal R...
Technical Analysis

Crude oil is making a new drop lower, which could be an indication that red wave 4) correction is completed and that red wave 5) is in motion. If that is the case, then we expect a five wave developme...
Technical Analysis

CRUDE OIL: The commodity continues to retain its downside pressure as it sold off on Tuesday. On the downside, support resides at the 43.00 level where a break will expose the 42.50 level. A cut throu...