Alexandros Yfantis | TalkMarkets | Page 13
Alexandros Yfantis
Contributor's Links: Trading2Day.com
Portfolio Manager. I use Elliott waves, Technical Analysis, Fibonacci,Daily market analysis and signals. Equities, Futures, Forex, Metals. Not investment advice.

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A Long-Term View In Gold
Gold price has reached the Ichimoku cloud and the 61.8% Fibonacci retracement of the entire rise from $1,045.
Gold And Silver To Bring A Smile Back To Bull’s Face
The gold price has broken above the weekly Ichimoku cloud resistance with RSI diverging for several months now. Silver is also above the weekly Ichimoku cloud and the form of the decline is very similar to gold’s decline.
US Stock Charts And Ideas
A few charts on a few trade setups that I’m focused and may provide a trade or two over the coming sessions.
Bullish Reversal In Oil Could See It To $54
Oil is clearly at support area and at least a bounce is justified. If on the way up we find more reasons to rise to new highs why not.
Forex Review For Friday, Nov. 4
The reversal is here and I believe we have a lot of chances that the last high in the Dollar index above 99 will be a long-term high of high importance.
AUD/USD Could Give 500-900 Pips
AUDUSD has been trading inside the triangle pattern since March 2016 and finally time is now to break out of the triangle. Most probable direction so far is to the upside.
Dollar Strength Expected To Fade
After the weekly breakout at 96.50, the Dollar index has managed to reach very close to the 99 level. Dollar strength remains impressive supported by increased chances of a rate hike in December and by the demise of the Euro.
The ‘Mother Of All Buy Signals’ Is Put To The Test
The implications of a fake breakout are very serious as we could see SPX back towards 1900-1800 in no time. Lets take a look at some charts.
DAX Rejection Or Breakout?
DAX is providing a bullish pattern (Inverted Head&Shoulder) that is not yet confirmed and bearish divergence signals at current levels.
Possible Head And Shoulders Pattern In Oil
The oil price has been trading around $49 to 51.50 for the last couple of sessions with several bearish divergence signals by the oscillators, and currently forming a possible Head and Shoulders pattern with a neckline around the $49.70 level.
AMZN Not So Amaz-ing
Markets are entering a correction phase before the US elections and AMZN will be affected by the risk off environment I expect the markets to be in.
Gold Will Shine Again
Gold is trading around $1,250 which important Fibonacci retracement of the rise from $1,045 to $1,375. I remain long-term bullish and I have also been warning that Gold would be in danger of a deeper pull back if $1,300 was lost.
USDCAD: Prepare For Lift Off
The resilience in USDCAD even after the rally in Oil above 50$ is remarkable. The Dollar strength is immense and what will happen if oil makes a top and reverses lower?
Short Oil?
Oil price is forming an upward sloping wedge pattern with multiple bearish divergence signals by the oscillators.
Let The Money Talk; Don’t Front Run
Many forex pairs have been trading in trading ranges for some time now as there is no clear trend in the market. The big trend that will give a great Risk-reward opportunity will soon come with the break out. So traders need to be patient.
Gold Daily Analysis - September 28, 2016
Gold price has broken short-term support yesterday and is pulling back towards important short-term support at $1,320. Price is expected to reverse upwards from current levels.
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