Gregor Horvat | TalkMarkets | Page 61
Forex Technical Analyst
Contributor's Links: Wave Traders
Grega is based in Slovenia and has been involved in markets since 2003. He is the owner of wavetraders.com, but before that he was working for Capital Forex Group and TheLFB.com. His feature articles have been published on: FXstreet.com, Thestreet.com, Action forex, Forex TV, Istockanalyst, ...more

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Gold In For A Minor Correction; Later Could Reach For 1.322
Gold is still on the uprise from recent blue wave iv swing at 1278 level.
EUR/USD Intraday: Bears In Action
EUR/USD review. Bears looking to extend.
Cable Reaching For 1.4000
GBP/USD has turned sharply lower last week with accelerating price action towards 1.4150.
EUR/USD Possibly Facing An Intraday Correction
EUR/USD is trading quite bearish as price made a nice five wave fall from recent highs at 1.1415.
Elliott Wave Analysis: Gold Trading In Final Stages Of A Correction; More Gains May Follow
Gold has turned down sharply a few weeks back with increasing bearish momentum so we see metal now making an impulsive drop from the highs.
Elliott Wave Analysis: S&P500 Could Face A New Turning Point
The USD is lower while US stocks are keep moving higher with the E-mini S&P500 trading at new highs of they month.
Elliott Wave Analysis: Bulls Maintaining Their Momentum On USD/CHF
Strong reversal since start of May from 0.9442 is very sharp and fast without any important overlaps, so we see market making an impulsive run.
Elliott Wave Analysis: Wave 4 On EUR/USD Near Completion; Possible Turning Point At 1.1243
The ECB and some US data may have a strong impact on EUR/USD today, which is trading higher for the last 24 hours but for now only with three waves so upside can be limited.
Elliott Wave Analysis: AUD/USD May Slow Down For A Temporary Pullback In Wave 2
AUDUSD is turning down from 0.7834 high for the last two weeks where wave C-circled might completed a big corrective wave IV which looks like a flat.
Elliott Wave Analysis: USD Index Could Be In For A Correction; 95.00 Possible Support Zone
USD Index is on the sharp rise for the last few weeks, now in subwave five of 3) that is trading around 96.00 resistance at the moment where upside can be limited at the start of this week.
Elliot Wave Analysis: USD/JPY Reaching For 112.00
USD/JPY broke sharply higher today, out of a triangle so recent price action was wave four and not wave two since triangle never occurs in wave two position.
Forex Analysis For EURUSD, USD Index, AUDUSD, GBPUSD And Gold
A video analysis for EURUSD, USD Index, AUDUSD, GBPUSD and Gold.
Divergence On Gold Could Indicate A Turning Point Higher
Gold fell down to a new low as expected since we recognized a three wave correction up into wave four that found resistance at 1234.
USDCHF: Bulls Possibly Starting A New Bullsih Run; Temporary Recovery In View
Strong reversal since start of May from 0.9442 is very sharp and fast without any overlaps, so we see market making an impulsive run.
USDJPY In A Temporary Pullback
USDJPY has turned nicely to the upside over the last few weeks which now looks like a new impulsive structure.
Elliott Wave Analysis: AUD/USD Reaching For 0.7130
AUDUSD is at new lows. So far we have seen a nice leg down, but there is room for more weakness as wave 5 needs to be made by five sub-waves. As such, we remain short-term bearish now for 0.7130, while price is beneath 0.7230.
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