Forex Trader, Writer, Educator
Contributor's Links: Admiral Markets Elite CurrenSea

Chris Svorcik became a Forex Educator and Analyst at Admiral Markets (www.AdmiralMarkets.com) in 2013 and has made the transition to become a professional Forex trader in back 2008. Chris is also head of trading at Elite CurrenSea (www.EliteCurrenSea.com), a website with cutting edge ... more

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EUR/USD Completes Zigzag And Uptrend Challenges Resistance At 1.18
The EUR/USD showed a strong bullish 4 hour candle at the support trend lines, which indicates the potential completion of the wave 4 correction.
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EUR/USD, GBP/USD Build Shallow Retracements After Bearish Breakout
The EUR/USD is showing bearish continuation as expected in the wave analysis earlier this week. Price is building a potential ABC correction within a larger wave 4.
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USD/JPY Reversal At 109 Support Zone Starts ABC Zigzag
The USD/JPY bounced at the support zone of the previous daily bottom and broke above the resistance trend line. The wave structure is favoring a completion of the wave A at the newest low.
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EUR/USD Bearish Continuation
The EUR/USD seems prepared for one more leg down to test the 1.16 support zone before continuing with the uptrend.
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EUR/USD Decision Zone At 1.19: ABC Zigzag Or Uptrend
The EUR/USD divergence between the tops could create a larger bearish retracement via an ABC correction. A break of the top and 100% Fibonacci level of wave B vs A at 1.1910 could indicate an uptrend continuation.
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Weekly Wave Analysis EUR/USD, GBP/USD, USD/JPY - Monday, Aug 14
Let's take a look at this week's wave analysis on the EUR/USD, GBP/USD and USD/JPY daily, weekly and monthly charts.
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AAPL Apple Inc.
ERO iPathSM EUR/USD Exchange Rate ETNs
FXA CurrencyShares Australian Dollar Trust
FXC CurrencyShares Canadian Dollar Trust
GBB iPathSM GBP/USD Exchange Rate ETN
GOOGL Google (A shares)
JYN iPathSM JPY/USD Exchange Rate ETN
SPY SPDR S&P 500
UUP PowerShares DB US Dollar Index Bullish Fund
VIX VOLATILITY S&P 500

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