Thursday, May 31, 2012
Crude Oil 15 Min | Elliott Wave
Observing now oil 15 minutes for possible trade on 4 wave correction for fifth. We are in the later stages of falling market and expect a bigger correction so we have to pay attention on every aspect if we want to trade this. Looking for inter-market relationship to confirm the trade set up. Here is food for thought. And we have to see what shape will this 4 wave take....Aleks
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USDCHF Technical Analysis - Sell at 0.9955
USDCHF made a nice bull move from 0.9716 to 0.9990. Then USDCHF drops from over bought zone. USDCHF is trading below its 20 period MA on 4h ...
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Our pivot point is at 6.526. Our preference: rebound towards 6.568. Alternative scenario: below 6.526,expect 6.514 and 6.507. Comment...
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HONG KONG (MarketWatch) — Chinese economic data released Wednesday showed consumer inflation moderated slightly in April, though remaining a...
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USDJPY gaped higher on Sunday and accelerated up to 99.60 area where pair found resistance around 261.8% extension of wave (iv). As suc...