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$EURGBP (8.28.2013)
Read MoreWave B has completed with a test of 0.8650 so as this level holds, we like the idea of more downside in the pair. We don’t like buying into proposed wave ( b ) pull back. If you would like to receive accurate & timely forecasts for 25 instruments that we cover, why not Sign […]
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$XAG/USD (Silver)
Read MoreWave B has completed at @ 22.43 and metal is completing a 5 wave move from this level. A test of 25.03 could be seen before we get a corrective (( b )) wave pull back and higher again. We don’t like selling the metal into proposed wave (( b )) pull back as 1 […]
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$EURAUD (8.26.2013)
Read MoreWave ( b ) appears to be taking the form of a triangle so while below 1.4884 and more importantly 1.4931, expect more downside initially toward 1.4626 – 1.4684 initially. As wave (a ) was a 3 wave move so we don’t like selling the pair into the proposed swing lower. If you would like […]
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$TNX (8.24.2013)
Read MoreWave (( iv )) is unfolding as a FLAT and idea is valid as price stays above 2.72 – 2.75 region. Expect more strength toward 3.00% to complete the diagonal structure before we get another pull back in 3 waves. If you would like to receive accurate & timely forecasts for 25 instruments that […]