Forex Trend Indicator

Forex Indicators

Video Analysis: Commodities Supportive... Video Analysis: Commodities Supportive For Majors By Elliott Wave Forecast Group Hello traders! Stocks are higher, USD reached new lows against the majors during Asian sessions, and it seems that this type of a price action will continue this week, especially after a sharp impulsive break on Eur/Usd yesterday out of its 6-day consolidation range. USD weakness is also seen across the board... Continue Reading | write a comment

Video: EUR/USD vs. EUR/JPY Forecast Example (Elliott... Video: EUR/USD vs. EUR/JPY Forecast Example... By Elliott Wave Forecast Group this past week. In this video you will find out "how and when", "we or you can" become more confident into your analysis and forecasting in currency markets, which potentially can improve your success in trading. We think, that intra-market analysis and correlations, key market levels and... Continue Reading | write a comment

EUR/USD Short-Term Update EUR/USD Short-Term Update By Alexander Nikolov EURUSD: 1.2957 Short-Term Trend: downtrend Outlook: Several weeks ago we favored a short position in the 1.34/1.35 area with a target at 1.2870. The 1.2870 target was reached in the last week of 2011, so we are now flat. The daily downtrend remains strong as so far there is no evidence of a major bottom... Continue Reading | write a comment

EUR Continues Its Downtrend Against USD EUR Continues Its Downtrend Against USD By Alexander Nikolov EURUSD: 1.3042 Short-Term Trend: downtrend Outlook: A few weeks ago I favored a short position in the 1.34/1.35 area. Since then EUR has been under heavy pressure and has already declined below 1.3000 level. As the daily chart remains quite negative with prices below the declining 21-day moving average,... Continue Reading | write a comment

EUR/USD Short-Term Update EUR/USD Short-Term Update By Alexander Nikolov EURUSD: 1.3384 Short-Term Trend: downtrend Outlook: EUR was little changed last week as it traded in a tight range between roughly 1.33 and 1.3450. As the prices remain below the declining 21-day moving average, the main trend is considered strong downtrend and further losses are still expected. I am... Continue Reading | write a comment

Video Analysis: Commodities Supportive For Majors

Hello traders! Stocks are higher, USD reached new lows against the majors during Asian sessions, and it seems that this type of a price action will continue this week, especially after a sharp impulsive break on Eur/Usd yesterday out of its 6-day consolidation range. USD weakness is also seen across the board...

Continue Reading | write a comment