Forextuitions

Forextuitions

The pair ended a cycle up in wave ((1)) from the 9/3/2019 lows at 1.3519 on 12/13/19. From there a cycle in wave (A) ended at 1.2904 where the hourly is turning up. While a bounce fails below the 12/13/19 highs it can see a pullback correct the cycle from the 9/3/19 lows. While it shows it will remain above the 9/3/2019 lows where the 4 hour right side is up it...

Forextuitions

Gold is favored ended the cycle from 8/16/2018 lows where the daily right side is up in wave ((3)) at the 9/4/2019 highs at 1557 and a pullback to correct the cycle from the 8/16/2018 wave ((2)) lows ended wave ((4)) at 1446 on 11/12/19 where the 4 hour is turning up. While above there the metal can continue higher in wave I toward the 1650 area. Afterward the...

Forextuitions

The pair ended a cycle up in wave ((1)) from the 9/3/2019 lows at 1.3519 on 12/13/19. From there a cycle in wave (A) ended at 1.2904 where the hourly is turning up. While a bounce fails below the 12/13/19 highs it can see a pullback correct the cycle from the 9/3/19 lows. While it shows it will remain above the 9/3/2019 lows where the 4 hour right side is up it...

Forextuitions Updated 

Crude is favored ended correcting the cycle up from the 12/24/2018 lows at 50.99 on 10/3/19. The 4 hour is turning up from there. Ideally while a pullback remains above the 60.62 lows where the hourly right side is up it can see the 66.00 area in wave (1) cycle from the 10/3/19 lows.

Forextuitions Updated 

The 4 Hour is turning up against 126.50 low from 8/11/2019. The cycle from there in wave (A) ended at 148.07 . While above 140.81 a bounce to correct the cycle lower from there can develop. While below the 148.07 highs another swing lower in wave (B) to correct the cycle up from the 8/11/2019 lows can be seen. While above there expect the pair higher again. Shor...

Forextuitions

The larger wave I lower from the .8135 wave (IV) highs from 1/26/2018 where the weekly & daily right side is down ended the cycle at .6670 on 10/2/19 . From there a wave ((W)) is in place on 12/31/19 at .7033 where the 4 & 1 hour are turning lower. While a bounce fails below there expect wave ((X)) corrects the cycle from the 10/2/19 lows.

Forextuitions

Crude is favored ended correcting the cycle up from the 12/24/2018 lows at 50.99 on 10/3/19. The 4 hour is turning up from there. Ideally while a pullback remains above the 60.62 lows where the hourly right side is up it can see the 66.00 area in wave (1) cycle from the 10/3/19 lows.

Forextuitions

We still expect to get more tangible evidence of the positive impact on business confidence from the abating political risks later in the U.K. this month risk of a no trade deal Brexit still looming large on the horizon,

Forextuitions

Short term USDJPY Long position

Forextuitions Updated 

USDJPY The 4 hour right side is up in a bullish sequence relative to the 109.69 low of 3/24/19. Near term the 1 hour is turning down correcting the cycle up from the 3/24/19 lows before a turn back higher. Sell USD/JPY @111.00 /111.10 target: 110.60/25 Stop Loss: 111.40 Good Luck !

Forextuitions

Gold pair moved higher but still remained in trading range after holding support level on Tuesday.Stronger than expected US home sales buoyed the dollar, which continued to move higher on Wednesday. As technically the Gold trading in the range of 1260 to 1285.00,Prices appear to be forming a bear flag pattern after breaking down last week below support near the...

Forextuitions

USDCAD the pair has been bounced with the bullish trend, Currently the pair trading below the Daily Resistance level @1.3379 with the lastest 4hr resistance @1.3390, The pair holding a bullish pattern , we can see a short term sell before rally to test support @ 1.3320/1.3300 , However we keep a bullish bias (targeting USDCAD 1.36 by year-end) in light of...

Forextuitions Updated 

EUR AUD is trading on his Daily resistance, on other side AUD is trading on weekly support we can see a short term Aud bounce from this point , technically EUR/AUD the 1 hour right side is down with a bearish sequence. Near-term while below the the 1/24/19 highs the pair can continue lower again to correct the cycle up from the 2/22/17 lows. Sell EUR...