Weekly Video Analysis UsdJpy AudJpy GbpJpy CadChf EurGbp - forex trading signals indicators

Weekly Video Analysis UsdJpy AudJpy GbpJpy CadChf EurGbp ~ forex trading signals indicators

Yen may continue its weakness against major currencies especially the dollar. Currency pairs like Audjpy and Gbpjpy are also set for a long term further bearish move.
The technical chart of Eurgbp shows how Elliott wave theory can consolidate the formation of chart patterns.
The technical chart of Cadchf also indicates how Elliott wave can confirm harmonic patterns.
 When all these technical tools are combined, there is more clarity of what the market could do.

More info for Weekly Video Analysis UsdJpy AudJpy GbpJpy CadChf EurGbp ~ forex trading signals indicators:

Read more

Nzdcad Analysis - the forex trading manual review

Nzdcad Analysis ~ the forex trading manual review

This pair is looking so interesting as a recognizable pattern is forming.
18th March this year signalled the end of the impulsive wave that started on 10th June,2013. Presently the price is correcting with a zigzag corrective pattern. 

We might not know when this correction will end for the bullish move to continue but we can calculate and forecast a possible reversal zone to end the correction.

The zone indicated below is very strong due to the confluence of  levels--50% of the impulsive 5-wave move, 161.8% extension of wave a from wave b,diagonal and and horizontal trendlines (strong support zone).

I will wait for the market to get to this zone and watch for action around there. If price doesnt penetrate the zone in high momentum, I will look for bullish reversal signals and buy...

Check the chart below to get the picture clearer.

More info for Nzdcad Analysis ~ the forex trading manual review:

Read more

Nzdcad The Long Term Correction Upside Is Not Over - trading signals in forex

Nzdcad The Long Term Correction Upside Is Not Over ~ trading signals in forex

The weekly chart above shows the activities of price from 0.6908 to 0.9675 and back to 0.8111. Price is in a long term bullish move. The rally is corrective and is projected to continue to 1.0861. Quite long...huh?

The projected corrective pattern is a double zigzag .

The recent dip in the 4hr chart below is a double zigzag correction which is projected to end at 0.8895-0.8750 before the rally continues.















If price advances and breaks above 0.899, there will be a good buying opportunity.

Price can alternatively, as shown in the 15min chart below, dip further to 0.88 regions and it will be good to look for buying signals
























You can watch the video of this analysis below






Have you subscribed to my newsletter?. Sign up at the  right top corner to get market analysis and signals sent directly to your E-mail.

More info for Nzdcad The Long Term Correction Upside Is Not Over ~ trading signals in forex:

Read more

A New Look at Gold - knowledge to action forex trading reviews

A New Look at Gold ~ knowledge to action forex trading reviews

On October 2, I was wondering if Gold was going to have a free ride down after breaking out of a triangle corrective pattern formed on W1 and another triangle on the intra day broken out after the US non farm payroll report (Read the story here). 

I was expecting a pull back and then a bearish candlestick engulfing, but price went back to the triangle it once broken, giving me a reason to re-analyse. 

After spending some time, I saw price bringing out a new picture- a bullish picture!

With a new look at the weekly chart, I saw that price is bouncing off the support line of the triangle after it formed the fourth (a-b-c) zigzag wave to resume a resume the last (a-b-c) corrective move ( triangles move in five corrective wave before completion) which should move close to the upper line of the W1 triangle.

With divergence and momentum oversold at this region, it could well be a good thought- we have a chance.

On the daily chart, I see a completion of a 5-wave impulsive move that completed the fourth wave I mentioned above clearly: and with divergence,channel support and momentum oversold, the bulls are preparing to take the golden initiative

If the bulls are taking over, I will expecting a (5-3-5) upward move to the roof of the W1 chart.

As price adds more, we get its intention more clearly.

Im here to update you, so dont be far

Let me add you to my mailing list. 

Send your E-mail address to Forexmaster05@yahoo.com

Whatsapp: 2348134820569

Follow on Twitter @ Forexelyte

More info for A New Look at Gold ~ knowledge to action forex trading reviews:

Read more