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

ALL CONTRIBUTIONS

EUR/USD Breaks Above Massive 1.13 Resistance And Continues Uptrend
The EUR/USD broke above the critical and important resistance levels at 1.13 which invalidated the bearish wave structure. Price also has managed to finally break the sideways range which was indicated by support and resistance.
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USD/JPY Breakout Above Resistance And Pullback To Wave-4 Fibs
The USD/JPY broke above the resistance trend line mentioned yesterday and it seems to be expanding the wave 5 with 5 internal waves.
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EUR/USD Bullish Momentum Faces Resistance Fibonacci Levels
The EUR/USD broke above the resistance trend line which is a continuation of the wave 2 retracement. A break above the 100% level at 1.13 invalidates both waves 2 but bearish breakout below the bottom at 1.11 makes a potential wave 3 more likely.
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​Weekly Wave Analysis $EURUSD, $GBPUSD, $USDJPY - June 25
We offer this week's wave analysis on the EUR/USD, GBP/USD and USD/JPY daily, weekly and monthly charts.
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EUR/USD Bounces At Mulitple Fibonacci Levels Of Wave 2 Pullback
The EUR/USD is probably building a break, retracement, and continuation. The USD/JPY seems to be building a retracement after the bullish breakout above resistance. The GBP/USD is challenging resistance lines.
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USD/JPY Classical Wave 4 Pattern After Bullish Momentum
The USD/JPY failed yesterday to break the top resistance. Price is now building a potential pullback within wave 4 which could find support at the previous bottom and tops.
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STOCKS I FOLLOW

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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