NASDAQ weekly chart

Trade of the week NASDAQ

Posted by Alex on  July 25, 2020
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Category: Blog, FX TRADING GUIDE
NASDAQ top is forming   NASDAQ has been rejected from the long-term broadening wedge top 1100 for the second week as it can be seen on a weekly chart. We are within a long-term broadening wedge with well-defined breakout levels. For the upside reversal from here, we need to see

Elliott Wave technical analysis with trading signals

Posted by Alex on  July 24, 2020
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Elliott Wave technical analysis with trading signals for NZDUSD, AUDUSD, USDJPY, DXY, EURUSD   DXY   The dollar continued to weaken against the basket of currencies. Flat correction ABC is coming to an end just ahead of the key long-term support 94.50. Bounce is coming as we are seeing bearish
USDCHF weekly price action chart

USDCHF trade of the week

Posted by Alex on  July 19, 2020
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Category: Blog
USDCHF testing the long-term support zone     USDCHF is testing a strong long-term support zone 0.9330-0.9380. We are within a long-term consolidation triangle with well-defined breakout levels. For the upside reversal from here, we need to see a price action bounce off 0.9330-0.9380 zone for a swing higher to
DXY weekly price action chart

DXY multi time-frame analysis

Posted by Alex on  July 18, 2020
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Category: Blog
DXY multi time-frame analysis   In this article, we will take a look at the DXY from higher time frames to actionable lower time frames On the monthly chart, we can see that the instrument is testing the strong 96 support of the long-term uptrend channel connecting 2011 low and

Elliott Wave technical analysis with trading signals

Posted by Alex on  July 17, 2020
Comments Off on Elliott Wave technical analysis with trading signals
Elliott Wave technical analysis with trading signals for NZDUSD, AUDUSD, USDJPY, DXY, EURUSD by Igor Tereshchenkov   DXY   The dollar continued to weaken against the basket of currencies, as expected. The only problem how it is doing it. As in the previous week, we are falling in zigzags, which

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