Gregor Horvat | TalkMarkets | Page 30
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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EURUSD Looking Bearish For The Next Couple Of Months
EURUSD has been trading bearish since 2017, however, price did still temporarily slow down for a pause within the bearish trend.
S&P500 In A Bearish, Three-Wave Move
SP500 made a sharp decline since we identified an Elliott wave ending diagonal two weeks ago
USD/CAD Looking Bullish
USD/CAD ended a three-wave, A)-B)-C) correction within a bigger wave 2 at the 1.294 level, from where a new rise started developing.
DASH Trading Towards Support, 90.0/80.0 Support Area In View
Dash turned down sharply after we noticed and highlighted a corrective rise in wave "b" with an intraday ending diagonal as an alternate count on Friday.
AUD/USD Still Bearish
Coronavirus is spreading and already leaving the consequences based on the latest car sales numbers from China which were down 92% in the first half of February.
HTUSD Cryptomarket Aims For 5.35 Zone
Cryptocurrencies are in a sharp rise and most of them are definitely turning bullish in 2020.
Monero At A High; A Reversal In View
Monero is recovering and is now unfolding a fifth-wave of a higher degree wave (v) impulse; be aware of a three-wave reversal.
NZD/USD Unfolding A Minor Five-Wave Move Lower
NZD/USD is dropping sharply, ideally unfolding a five-wave move for a fifth wave of a higher degree wave 3.
USD/CAD Recovering Sharply
USD/CAD is recovering in impulsive fashion from the 1.295 lows.
10 Year US Notes Targeting 134.0/135.0 Zone
10 year US Notes is clearly bullish, unfolding a five-wave move from October of 2018 lows. We see a possibly completed wave (4) at the 127’30 level, from where price started recovering again.
OmiseGO (Crypto Market) Now At Support
OmiseGO is in an uptrend, now unfolding final stages of a corrective wave (iv) pullback, which can look for support/bullish turn near the upper base channel line (0.7300/0.7450 zone).
Is Bitcoin Breaking Higher?
Bitcoin topped in December of 2017, then bottomed again in December of 2018 and this was a bigger higher degree corrective decline in 2018, mainly because of a triangle in the middle.
Bank Stocks Resistance May Slow Down The Stock Market
The bank stocks chart is at a much slower pace than the stock market, but it's in a tight positive correlation, once banks stocks start sharply falling, this is when S&P500 may face a top, but probably only a temporary one.
USD/CAD And Crude Oil Update
USD/CAD is in a recovery mode which we think it can be corrective move because of a sharp and impulsive sell-off down from 1.3185.
Bitcoin Could Start Recovering Soon
The fact is that now as Bitcoin hit new lows there are even more traders and investors in doubt and this is actually the point where "everyone" turns bearish. And, when everyone turns bearish, it's the right and perfect time for a bullish reversal.
AUD/USD Eyeing 0.656 Zone
AUD/USD is in a downtrend for the last 10 months, but not in an impulsive one, so we think this can be wave B) of an irregular correction.
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