Technical Monthly: Looks to be forming a bearish Ending Wedge pattern. A break of trend line support at 12145 and the measured move target is 8695. Rallies have stalled and found sellers near 13200. Weekly:  Forming a bearish Head and Shoulders pattern. A break of 11593 (neckline) is needed to confirm the pattern. The measured move wou...

2018-07-20 Steve O'Hare Read more
markets vulnerable

In this episode, Richard is following up on the previously posted “Bullish Patterns on Gold – EUR Stronger – Investors looking at YEN” article, and continuing the views he share during the “The World Cup NFP! – LIVE” webinar. Richard is also backing his volatility spike theory, previously posted with the “Trade War Sentiment – Volatility Spik...

2018-07-17 Richard Tataru Read more
indices forex

Many wild swings occurred during the month of June 2018. On the fundamental side, tariff plans and trade war talks have caused some serious volatility, with the VIX presenting a spike in early June. This spike was mentioned as a possibility in the “Orbex Q3 – Market Outlook Report 2018”  report previously released, but also explained during t...

2018-07-13 Richard Tataru Read more

Monthly: Looks to be forming a bearish Ending Wedge pattern. A break of trend line support at 12145 and the measured move target is 8695. Rallies have stalled and found sellers close to 13200. Weekly:  Looks to be forming a bearish Head and Shoulders pattern. A break of 11621 (neckline) is needed to confirm the pattern. The measured move ...

2018-07-10 Ian Coleman Read more

Technical Monthly: Looks to be forming a bearish Ending Wedge pattern. A break of trend line support at 12048 and the measured move target is 8695. Rallies have stalled and found sellers near 13200, resulting in a new trend line resistance. Shooting star candles highlight rejections of attempted rallies. Weekly:  Looks to be forming a ...

2018-07-04 Steve O'Hare Read more
elliot waves

In this video, besides the wave counts updates and articles follow-up, Richard is also stepping outside his comfort zone and giving a real-time example on how fundamental events affect the market and how structures become more and more complex over time. [shortcode-variables slug="applyrichardsta"]

2018-06-16 Richard Tataru Read more

Monthly: Looks to be forming a bearish Ending Wedge pattern. A break of trend line support at 12048 and the measured move target is 8695. Rallies above 12800 have found sellers in May and June 2017 and May of 2018. Weekly:  We looking to be forming a bearish Head and Shoulders pattern. A break of 11633 (neckline) is needed to confirm the ...

2018-06-14 Ian Coleman Read more
nfp non-farm payroll june

NFP is approaching, and with it, high volatility is most probably going to occur. Technical Patterns and Fundamentals seem to be lining-up or synchronizing for a rather big move. With the ADP Non-Farm Employment Change and the Preliminary GDP falling short of their projected figures, the USD now seems to become vulnerable. Technically s...

2018-05-30 Richard Tataru Read more
Patterns at decisive levels

The charts are showing, from a technical analysis standpoint with patterns at decisive levels, that the Dollar Index (DXY) could be heading towards significant levels. USD has been enjoying an impressive bullish rally for an entire month, a swing which was mentioned and explained in the “Is The USD Getting Stronger?” article. Is it time for ...

2018-05-17 Richard Tataru Read more

ECB President Mario Draghi on the Mic at 13:15 PM GMT, in his home country. The speech is not supposed to focus on any monetary policy indications, therefore, market participants would most likely remain on their current bias when it comes to the EUR. During the previous ECB Press Conference, Draghi did not raise any eyebrows, and especial...

2018-05-11 Richard Tataru Read more