Gregor Horvat | TalkMarkets | Page 57
Forex Technical Analyst
Contributor's Links: Wave Traders
Grega is based in Slovenia and has been involved in markets since 2003. He is the owner of wavetraders.com, but before that he was working for Capital Forex Group and TheLFB.com. His feature articles have been published on: FXstreet.com, Thestreet.com, Action forex, Forex TV, Istockanalyst, ...more

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Elliott Wave Analysis: S&P 500 May Be In A New Bullish Run; Temporary Corrective Wave Could Be Unfolding
S&P 500 fell sharply into wave C following the UK votes last week; it moved down into final wave of a big corrective set-back from April of this year.
Elliott Wave Analysis: Crude Oil In A New Bullish Impulse
Oil has continued higher after breaking the upper corrective channel line, resulting as a new impulsive wave 1. This is a bullish sign for this commodity.
Elliott Wave Analysis: Crude Oil Eyeing The 51 Area
Crude oil turned nicely down at the start of the month from 51.65 where market completed extended blue wave three, so our wave count suggests that recent bearish structure with three legs is wave four.
AUD/USD Searching For A Possible Turning Point Lower , Ideally Around 0.7550
AUDUSD is trading in a larger corrective range, labeled as an unfolding A-B-C.
Elliott Wave Analysis: EUR/USD Trapped In A Triangle
EURUSD fell sharply lower last week so price is now finally trading down into wave D that can be looking to rest that 1.0820 swing support from a few months back.
Gold Is Higher, But Still Bigger Correction May Come
As expected, gold turned up after three waves of a pullback from 1316 to 1250 area. Leg up was very significant towards 1360 where price meet Fibonacci level of 100% of that first wave from 1203-1316.
Elliott Wave Analysis: German DAX Making Things Interesting; More Upside Could Be Underway
German DAX has turned sharply lower at the start of the month, clearly with impulsive manner in wave C) that we have been expecting for the last few weeks.
Elliott Wave Analysis: EUR/AUD Seems To Be Finishing Its Complex Correction
EUR/AUD is close to our point of a possible reversal to the upside, as wave C is trading in final stages.
Elliott Wave Analysis: AUD/USD In A Temporary Bounce; Possible Reversal Is Around 0.7600
AUD/USD made five waves down from 0.7836 which is the most important and strong evidence of a bearish trend.
Crude Oil May Face A Reversal; 48 Zone Could Be Reached
OIL is trying to trace out an ABC corrective pullback after a five wave impulsive fall from the latest highs.
Gold In For A Minor Correction; Later Could Reach For 1.322
Gold is still on the uprise from recent blue wave iv swing at 1278 level.
Cable Reaching For 1.4000
GBP/USD has turned sharply lower last week with accelerating price action towards 1.4150.
EUR/USD Possibly Facing An Intraday Correction
EUR/USD is trading quite bearish as price made a nice five wave fall from recent highs at 1.1415.
Elliott Wave Analysis: Gold Trading In Final Stages Of A Correction; More Gains May Follow
Gold has turned down sharply a few weeks back with increasing bearish momentum so we see metal now making an impulsive drop from the highs.
Elliott Wave Analysis: S&P500 Could Face A New Turning Point
The USD is lower while US stocks are keep moving higher with the E-mini S&P500 trading at new highs of they month.
Elliott Wave Analysis: Bulls Maintaining Their Momentum On USD/CHF
Strong reversal since start of May from 0.9442 is very sharp and fast without any important overlaps, so we see market making an impulsive run.
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