Forex Trader, Writer, Educator
Contributor's Links: Admiral Markets Elite CurrenSea

Chris Svorcik became a Forex Educator and Analyst at Admiral Markets (www.AdmiralMarkets.com) in 2013 and has made the transition to become a professional Forex trader in back 2008. Chris is also head of trading at Elite CurrenSea (www.EliteCurrenSea.com), a website with cutting edge ... more

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USD/JPY Tests 78.6% Fib And Trend Line Resistance
The USD/JPY is approaching a key resistance trend line, which is a critical bounce or break zone.
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EUR/USD Downtrend Continues After Bearish Breakout
The EUR/USD downtrend continues after another bearish break of a smaller consolidation zone.
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EUR/USD Builds ABC Correction Back To 50% Fibonacci
The EUR/USD seems to have completed a wave 4 correction after building a bearish turn at a 38.2% Fib resistance zone.
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GBP/USD Wave 4 Bounce At 38.2% Fib Challenges 1.32
The GBP/USD bearish breakout is seeing a bullish retracement at the moment but the downtrend could continue if the price manages to break below 1.32.
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GBP/USD Breaks Support Trend Line And Challenges 1.3250
GBP/USD failed to break above the resistance trend line (orange) and made a bearish reversal at this decision zone. Price broke below key support levels and is now challenging the 1.3250 round level and the previous bottom.
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USD/JPY Uptrend Tests Fibonacci Levels Of Wave 4
The USD/JPY bullish breakout is building a bearish pullback, which seems to be a larger ABC zigzag pattern.
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STOCKS I FOLLOW

AAPL Apple Inc.
ERO iPathSM EUR/USD Exchange Rate ETNs
FXA CurrencyShares Australian Dollar Trust
FXC CurrencyShares Canadian Dollar Trust
GBB iPathSM GBP/USD Exchange Rate ETN
GOOGL Google (A shares)
JYN iPathSM JPY/USD Exchange Rate ETN
SPY SPDR S&P 500
UUP PowerShares DB US Dollar Index Bullish Fund
VIX VOLATILITY S&P 500

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