Gregor Horvat | TalkMarkets | Page 31
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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USD/TRY In A Bigger Decline At Least In Three Waves
USD/TRY can see more weakness, at least for a short period of time.
USD Index Testing Triangle Support Line
I will look into a very important PUT/CALL Ratio chart which may suggest that stocks are approaching resistance.
Bearish Triangle On USD Index Supports GBPUSD
USD index is trading sideways for some time now, ideally unfolding an Elliott wave triangle correction.
GBP/USD And GBP/JPY Showing Bullish Steps
We have seen a five-wave intra-day rally on GBP/USD, which suggests price turning into the bullish direction.
German DAX Pausing, Before Further Gains
The DAX index made a five-wave recovery into a wave A/1, up from 8165 low. This recovery is first evidence that the trend can be turning to bullish.
Crude Oil In A Pullback
Crude oil is recovering sharply from the lows, however still into a three-wave move that can be a wave 4 correction.
USDZAR Out Of A Triangle, Towards 20.0
USDZAR is coming lower, ideally for the final wave »e« of a bigger bullish triangle pattern in wave 4.
Bulls Taking Over AUDUSD - Elliott Wave Analysis
AUDUSD looks to be turning bullish, because of a five-wave recovery from 0.551 level, which suggests the direction of the trend.
EUR/AUD In A Bearish Reversal
EUR/AUD made a sharp recovery from the end of December when price completed a big, bullish triangle correction.
Possible Head & Shoulder On USDCHF Indicates Further Bull Run
USDCHF completed a seven-swing correction within a bigger leg E at the 0.918 area, from where a sharp recovery started developing.
GBP/AUD Targeting 1.93 Area In A Reversal
GBPAUD made an overlapping recovery from the 1.864 swing low, which we labelled as an Elliott wave ending diagonal within a fifth wave, and which looks completed at latest highs.
USD/TRY Standing Strong
USD/TRY may have completed a bigger triangle correction at the 5.63 level, from where a new reversal started developing.
10 Year US Notes Still Recovering
10 Year US notes are trading in an uptrend since the last quarter of 2018, and unfolding a big five-wave cycle.
AUD/USD In A Bear Trend
AUD/USD is trading bearish since the end of January of 2018 when a bigger correction had ended.
USD/CAD On A Bull Run
USD/CAD fully unfolded wave IV as part of a bigger, bullish cycle up from 2011 lows, and proceeded to trade into a wave V.
USD/CHF Looking Above 1.023 Zone
On the weekly chart, we can see that for the last five years price was making a sideways, and overlapping price activity; a triangle in B.
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