Market Snapshots


Sugar Wave Analysis – 17 May, 2019

Sugar Wave Analysis – 17 May, 2019

Sugar broke strong the support level 11.75 Further losses are likely Sugar under pressure after the earlier breakout of strong the support level 11.75 (which has been reversing the price from January). This breakout of the support level 11.75 should...

EURUSD Wave Analysis – 17 May, 2019

EURUSD Wave Analysis – 17 May, 2019

EURUSD reversed from resistance area Further losses are likely EURUSD recently reversed down from the resistance area lying between the resistance level 1.1260 (top of the previous Shooting Star from the start of May) and the upper daily Bollinger Band....

WTI Wave Analysis – 16 May, 2019

WTI Wave Analysis – 16 May, 2019

WTI rising inside ABC correction (2) Further gains are likely WTI continues to rise inside the medium-term ABC correction (2) which started recently from the support area surrounding the support level 60.00. This support area was further strengthened by the...

GBPUSD Wave Analysis – 16 May, 2019

GBPUSD Wave Analysis – 16 May, 2019

GBPUSD broke key support level 1.2900 Further losses are likely GBPUSD recently broke the key support level 1.2900 (which stopped the previous short-term impulse wave 1 at the end of April). The breakout of this support level continues the active...

Will Ethereum Surge Past $300 When Bitcoin Finally Corrects?

Will Ethereum Surge Past $300 When Bitcoin Finally Corrects?

For the best part of the last month Bitcoin has been relentlessly chomping into the altcoin markets as its dominance surged to a seventeen month high of 60 percent. An inevitable cooling off and pull back for Bitcoin is expected,...

GBPCAD Wave Analysis – 15 May, 2019

GBPCAD Wave Analysis – 15 May, 2019

GBPCAD broke support area Further losses are likely GBPCAD recently broke the support area lying between the pivotal support level 1.7340 (which has been reversing the price in the last few weeks) and the 38.2% Fibonacci correction of the previous...

Soy reversed from support area

Soy reversed from support area

Soy reversed from support area Further gains are likely Soy recently reversed up from the support area lying between the long-term support level 814.00 (monthly low from July and September of last year), round support level 800.00 and the lower...

NZDCHF Wave Analysis – 14 May, 2019

NZDCHF Wave Analysis – 14 May, 2019

NZDCHF reversed from support area Further gains are likely NZDCHF recently reversed up from the support area lying between the support level 0.6600 (which stopped the previous downward correction in January), lower daily Bollinger Band and the 50% Fibonacci correction...

Corn Wave Analysis – 14 May, 2019

Corn Wave Analysis – 14 May, 2019

Corn reversed from support area Further gains are likely Corn recently reversed up from the support area lying between the support level 342.00 (which has been reversing the price from August) and the lower daily Bollinger Band. The upward reversal...

“Nuclear option” of China in the trade war against the USA

“Nuclear option” of China in the trade war against the USA

China has a so-called “nuclear option” in its escalating trade war with the United States — to sell off the U.S. Treasury bonds it currently holds and potentially trigger a massive rise in interest rates, causing plenty of damage to...

Soy Wave Analysis – 13 May, 2019

Soy Wave Analysis – 13 May, 2019

Soy broke support area Further losses are likely Soy recently broke the support area lying between the multi-month support level 814.00 (which has been reversing the price from the middle of 2018) and the round support level 800.00. The breakout...

AUDCHF Wave Analysis – 13 May, 2019

AUDCHF Wave Analysis – 13 May, 2019

AUDCHF broke support area Further losses are likely AUDCHF recently broke the support area lying between the support level 0.7030 (multi-month low from March) and the 38.2% Fibonacci correction of the previous upward impulse from January. The breakout of this...