Today the US Labor Department is due to release a Non-Farm Employment Change for March. The data of crucial importance will detemine the dir...
Friday, April 5, 2019
Elliott wave analysis of GBP/JPY for April 5, 2019
RobotFX
April 05, 2019
The minor correction from 147.20 dipped just below the ideal 145.90 target (the low was seen at 145.65). We are now look for a break above ...
Elliott wave analysis of EUR/JPY for April 5, 2019
RobotFX
April 05, 2019
Low volatility keeps EUR/JPY in a very narrow range, which there seem to be no escape from at this point. EUR/JPY looks toppish near 125.45...
Technical analysis of GBP/USD for 05/04/2019
RobotFX
April 05, 2019
Technical market overview: At the GBP/USD market another move down is still on the table as the consolidation zone boundary is still the lo...
Technical analysis of EUR/USD for 05/04/2019
RobotFX
April 05, 2019
Technical market overview: The EUR/USD pair has not been able to break through the technical resistance at the level of 1.1249 and moved do...
Elliott Wave analysis of Bitcoin for 05/04/2019
RobotFX
April 05, 2019
Technical market overview: The BTC/USD pair has made three sub-waves down to the level of $4,798, so clearly the corrective cycle is still ...
Elliott Wave analysis of Ethereum for 05/04/2019
RobotFX
April 05, 2019
Technical market overview: The ETH/USD pair has been unfolding the wave 4 corrective cycle after the top for the wave 3 at the level of 177...
Thursday, April 4, 2019
Technical analysis for EURUSD for April 5, 2019
RobotFX
April 04, 2019
EURUSD challenged the short-term resistance at 1.1250, got rejected and pulled back to form a higher low thus far. Support at 1.12 is still ...
Technical analysis for Gold for April 5, 2019
RobotFX
April 04, 2019
Gold price made a new lower low yesterday but it was not confirmed by the RSI and the major support area of $1,290-80 was still respected. G...
Oil: Stop and turn
RobotFX
April 04, 2019
Oil (CL) The price touched the MACD line on the weekly chart. This indicator line serves as independent technical support or resistance. Al...