InvestMacro

Article By RoboForex.com

EURUSD, “Euro vs US Dollar”

EURUSD has finished the second descending impulse and right now is being corrected. Today, the price may form the third descending impulse with the target at 1.2282. Later, the market may start another growth to return to 1.2339 and then resume falling to reach 1.2222.

GBPUSD, “Great Britain Pound vs US Dollar”

GBPUSD has reached the target of the ascending structure. Possibly, today the price may consolidate at the top and form a reversal pattern. After breaking 1.4216 to the downside, the instrument may form another descending structure with the first target at 1.4145.

USDCHF, “US Dollar vs Swiss Franc”

USDCHF is consolidating around 0.9617. Today, the price may grow to reach 0.9677, break it, and then continue growing towards 0.9700. After that, the instrument may start another correction with the target at 0.9450.

USDJPY, “US Dollar vs Japanese Yen”

USDJPY has finished the five-wave ascending structure and right now is forming a new descending one with the first target at 106.97. Later, the market may continue growing towards 107.36 and may resume trading to the downside to reach 106.56.

AUDUSD, “Australian Dollar vs US Dollar”

AUDUSD has completed the first descending impulse along with the correction. Possibly, today the price may form the second impulse towards 0.7745. The instrument is expected to form the wave with the target at 0.7687.

USDRUB, “US Dollar vs Russian Ruble”

USDRUB has returned to 62.00. Today, the price may fall towards 61.00. After that, the instrument may start the fifth wave to reach 66.00.

XAUUSD, “Gold vs US Dollar”

Gold is forming the fourth structure of the correction. Possibly, the price may reach 1350.00. However, the main scenario implies that the market may form another descending wave with the target at 1327.00.

BRENT

Brent has reached the short-term target of the ascending wave and right now is consolidating at the top of the third wave. Possibly, the price may reach 73.44 and then form the fourth correctional wave to return to 68.00. Later, the market may start the fifth wave with the target at 74.00.

RoboForex Analytical Department

Article By RoboForex.com

Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

By www.TheTechnicalTraders.com

Friday night opened up a whole new perspective on the global markets with the coordinated targeted attack on Syria.  It’s not that we didn’t know this was a possibility, yet the event itself changes how the markets may react on Monday and throughout this next week.  Our researchers at Technical Traders Ltd. have been diligently trying to identify the price rotations that will occur early next week and we believe this research post will help to prepare all investors for what may be a wild ride.

First off, with this event playing out late Friday night and early into Saturday, there are a number of things we have to consider.  The US Dollar may be under some pressure this week as a result of this event.  Gold and Silver may rally as fear and panic enter the markets.  Oil will likely rise on fear of a disruption or conflict related supply issue.  The US stock market will likely rotate with a bit with continued large price volatility early Monday morning as traders attempt to reposition after this event.  Given all of this, the long-term perspective has to be maintained in order to understand the true market dynamics.

As we understand it, this event was a “shot over the bow”, so to say, with regards to the players in Syria and the fact that chemical weapons attacks will not be allowed to continue.  Syria is an absolute mess with multiple parties attempting to develop alliances and dominate the narrative of this conflict.  The US involvement started quite a while ago and we believe the US will attempt to stay as far away from direct engagement as possible with regards to this ongoing event

As traders, we have to understand that this type of isolated event may create price anomalies in the markets that present incredible opportunities for smart investors. Our ADL price modeling system is still warning us that the US markets should be headed higher over the next 3~5 weeks.  How does this event in Syria change these predictions?  It doesn’t.  It just means that pricing pressure because of this event may create what we call a “price anomaly” that allows us to position our trades for the “recovery event.

This SPY chart illustrates what we believe will be the most likely outcome.  If investors panic and rush into the US markets, then we could see a broad market rally early this next week.  If investors panic and attempt to rush into a protectionist position, then we could see the US majors consolidate near these lower price ranges for a few weeks setting up the “price anomaly” we have been discussing.  Either way, we believe the markets will attempt a massive upside move in the near future because our advanced price modeling systems are showing a clear upside bias as well as the fact that capital will always move into safe and stable environment for returns.  The US and other established markets are really the only places where capital will attempt to reside if this conflict extends much further.

This additional SPY chart shows a number of key technical elements; the Standard Deviation Price Channel and the key Volume Support & Resistance zones.  These are important for all traders to understand, the Volume Support & Resistance zones are key to understanding the current price consolidation range.  These levels are going to continue to be price boundaries till price breaks these levels and attempt a move higher or lower.  The Standard Deviation Price Channel is also key to understanding that price will attempt to “recover” to this level at some point – unless some massive market event disrupts this channel and creates a new price channel.  We believe the markets have not accomplished this disruption event yet and the current price channel is still valid.

This $INDU weekly chart provides a much clearer example of the ADL price modeling system at work and what we believe could be an explosive upside price move within the next 3~5 weeks.  See how the ADL price modeling system is predicting the “Expected Price Target Range” much higher than current price levels?  If the Syria event continues to hold prices down in the illustrated “Price Compression Zone”, then the reactive recovery event for price will be an explosive upside price swing in the near future.  These are the types of anomalies that we look for in our analysis.  They can be very powerful and very profitable if one knows how to position selected trades to take advantage of these moves.

Lastly, this one chart sums up our metals analysis quite well.  The Syria event is probably not over yet and the world’s powers will continue to control the narrative of this event for quite a while.  What we can determine from this is that some level of additional fear will likely reenter the markets which means that Metals and Oil will likely move higher as this fear comes into play.  This SIL Weekly chart shows that our ADL price modeling systems is predicting substantially higher prices over the next 3~12+ weeks.  Many people have discussed that Silver is the poor man’s Gold and the disparity in pricing between Gold and Silver makes Silver a substantially advantageous commodity to own. If this ADL price modeling is correct, Silver and SIL will begin to skyrocket higher over the next few weeks and months as capital, which is always searching for a safe and viable environment for returns, hunts for the best protected areas of the market for continue ROI growth.  Where will it go??  Probably into the US equities, metals and oil.

Remember, with events like this, there is not a single person on the planet that can attempt to predict the future with any degree of accuracy.  Even our own price predictive modeling systems can’t be 100% accurate all the time.  We have to consider all perspectives of these markets and when we get more than one analysis that confirms our primary research, then we have a better understanding of what might happen.  What we can tell you is that our team of researchers are dedicated to helping our members stay ahead of the markets and find suitable trading opportunities for success.  Our analysis and price modeling systems have been dead-on accurate through almost all of 2018 and late 2017.  Our analysis is saying that we have to watch what happens early this week to see which of the two expected price reactions are going to play out and make decisions based on what price is doing then.  Still, we have a plan to execute positional trades for our members to allow them to profit from these moves either way and we believe the opportunity for success is incredible.

If you want to learn how to take advantage of these types of opportunities and market anomalies with stock and ETF trade alerts, then visit www.TheTechnicalTraders.com and see what we have to offer.  Start off with our Quarterly membership to give yourself ample time to see how we find and deliver success for our members.  Remember, these moves don’t always play out like we expect, we will be updating our members with new research as the markets show different setups in the future.  Right now, we’ve shown you what will likely happen for the next 3~5+ weeks and we are uniquely positioned to take advantage of these moves.  If you feel you are in need of our assistance, then please visit www.TheTechnicalTraders.com to learn how we can assist you in profiting from these massive price swings.

By George Prior

Ripple can be expected to “convert the remaining crypto cynics,” affirms the boss of one of the world’s largest independent financial services organizations.

The prediction from Nigel Green, the founder and CEO of deVere Group, comes as Ripple (XRP) experienced a spike last week, adding another $62bn to its market value.  The cryptocurrency also broke some key resistance, such as  $0.6500 and $0.6600, nudging it towards the important $0.7000 level against the dollar.

Mr Green, whose firm launched the pioneering crypto exchange app, deVere Crypto, this year, says: “After the cryptocurrency market somewhat overheated at the end of 2017 – thanks largely to investors piling in, pushing Bitcoin to an all-time high of more than $19,000 – there was a major, natural price correction in the first quarter of this year of most of the major cryptocurrencies.

“But the cryptocurrency market is, once again, now looking already significantly more bullish than it did in Quarter 1.”

He continues: “This latest upward crypto market trajectory can be attributed to the fact that institutional and retail investors are increasingly appreciating the fundamentals, such as the need and demand for digital currencies in a digitalized, tech-driven age.

“Also there is now huge awareness that blockchain, the technology that underpins the likes of Bitcoin and Ripple, is likely to be the world’s next major disruptive technology.”

Mr Green goes on to assert:  “Cryptocurrencies are now really coming into the mainstream. But there are still some critics of the crypto revolution.  However, I believe that Ripple (XRP) can be expected to convert the remaining crypto cynics.

“This is primarily due to Ripple’s apparent emphasis on integrating with banks and other financial institutions.

“For instance, banking giant Santander has recently launched a foreign exchange service that uses blockchain technology developed by Ripple to make same-day international money transfers.  It is also reported to be in talks with other major global banks and money transfer groups to develop similar products.”

He adds: “However, cryptocurrencies remain highly determined by market sentiment, and caution must be exercised and professional advice should be sought.”

The deVere CEO concludes: “By focusing its development strategy in this way, Ripple is likely to help change the perception of crypto, expand its own value, and co-lead the ongoing shift in the way the world uses, manages, accesses, stores and exchanges money.”

deVere Group is one of the world’s largest independent advisors of specialist global financial solutions to international, local mass affluent, and high-net-worth clients.  It has a network of more than 70 offices across the world, over 80,000 clients and $12bn under advisement.

By Gabriel Ojimadu, Alpari

By TheTechnicalTraders.com

We, at Technical Traders Ltd., believe recent data released by China presents traders with a huge opportunity over the next 6~18 months. Recently released Chinese economic market data points to a general market disruption in regards to trade values, import/export data and loan/debt risk.  As reported by Reuters and Business Insider, the continued crackdown on Shadow Banking in China, as well as recently announced trade tariffs, may be shifting the dynamics of the Chinese Dragon economy dramatically.

Additionally, we recently read an article where the IMF intended to discuss the numerous Chinese expansion projects throughout the globe in an effort to attempt to restrain “partner country debt risks”.  We believe the intent of the IMF is to attempt to protect partner countries from entering into what appear to be expansion projects (backed by China) while risking a debt collapse in the near future.  Much like Greece or Puerto Rico, once a poor nation crosses that debt to GDP ratio, it is almost impossible to recover because the debt balance become insurmountable.

In terms of US market research and investment opportunities, this new data from China presents a number of new opportunities in terms of market dynamics.  First, we believe China will continue to decrease its capital reserves in an attempt to prop up their economic functions.  Secondly, the new trade tariffs will put additional pressure on the Chinese economy.  Lastly, we believe the consumer and real estate market cycles will come into play over the next 6~18 months which will create further pressure within the Chinese economy.  Because of all of these factors, in addition to the fact that much of the Chinese economic expansion is debt based, we believe a massive capital migration into US, Canadian and UK stocks will become more evident over the next 6+ months.

Our research team has been working to identify these opportunities for our members and to position our clients properly for this future move.  Our advanced predictive modeling systems have been DEAD ON accurate for the past 5+ months with regards to these major market moves.

The chart, below, shows our ADL predictions for the SPY throughout the end of May 2018.  As you can see, our price modeling system is predicting that prices will continue to advance for the next 6+ weeks.  We believe that as the Chinese economic data continue to roll in with mixed results, the capital migration to the US and other established markets will be tremendous and push US equities to new highs.

Additionally, this potential move opens up a number of possibilities in commodities and other equities throughout the next 18+ months.  If you want to learn how our research team at www.TheTechnicalTraders.com can assist you in finding these opportunities then please visit our website to learn more and read some of our most recent research reports.  Pay close attention to our recent China Collapse article for more detailed information regarding our thinking.  Trust us – you won’t want to miss this move in the markets.

53 years experience in researching and trading makes analyzing the complex and ever-changing financial markets a natural process. We have a simple and highly effective way to provide our customers with the most convenient, accurate, and timely market forecasts available today. Our stock and ETF trading alerts are readily available through our exclusive membership service via email and SMS text. Our newsletter, Technical Trading Mastery book, and 3 Hour Trading Video Course are designed for both traders and investors. Also, some of our strategies have been fully automated for the ultimate trading experience.

By TheTechnicalTraders.com

Article By RoboForex.com

BTCUSD, “Bitcoin vs US Dollar”

As we can see in the H4 chart, the convergence made BTCUSD reverse and start a new correctional uptrend, which has already reached the retracement of 23.6%. The next upside targets may be retracements of 38.2%, 50.0%, and 61.8% at 8500.00, 9120.00, and 9748.00 respectively. The support level is the low at 6449.40.

The H1 chart shows more detailed structure of the current movement. The uptrend is moving to reach 8500.00 and 9120.00.

ETHUSD, “Ethereum vs. US Dollar”

In the H4 chart, the convergence made ETHUSD reverse and start a new ascending correction, which has almost reached the retracement of 23.6%. After breaking this level, the instrument may continue growing towards the retracements of 38.2% and 50.0% at 595.00 and 668.50 respectively. The support level is the low at 359.00.

In the H1 chart, the uptrend is moving towards 595.00.

RoboForex Analytical Department

Article By RoboForex.com

Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

Article By RoboForex.com

EURUSD, “Euro vs US Dollar”

EURUSD has finished the second descending impulse and right now is being corrected. Today, the price may grow with the target at 1.2339 and then fall to reach 1.2280. Later, the market may start another correction to return to 1.2339.

GBPUSD, “Great Britain Pound vs US Dollar”

GBPUSD is moving upwards. Possibly, the price may extend the current structure towards 1.4262. After that, the instrument may form another descending structure with the first target at 1.4118.

USDCHF, “US Dollar vs Swiss Franc”

USDCHF has completed another ascending structure. Possibly, today the price may fall to reach 0.9580 and then resume growing towards the short-term target at 0.9700.

USDJPY, “US Dollar vs Japanese Yen”

USDJPY continues growing; it has broken 107.22 and may continue trading towards 107.74. Later, the market may start another correction with the target at 106.20.

AUDUSD, “Australian Dollar vs US Dollar”

AUDUSD has returned to 0.7777. Today, the price may consolidate at the top and form a reversal pattern. The next downside target is at 0.7570.

USDRUB, “US Dollar vs Russian Ruble”

USDRUB is being corrected towards 60.96. After that, the instrument may start another growth to reach 66.30.

XAUUSD, “Gold vs US Dollar”

Gold has completed the second descending impulse and right now is being corrected. Possibly, the price may reach 1346.00 and then resume falling towards the first target at 1328.00.

BRENT

Brent has finished the second descending impulse along with the correction. Possibly, today the price may start another decline with the target at 70.54. Later, the market may grow to reach 74.00 and then resume falling towards the first target at 70.00.

RoboForex Analytical Department

Article By RoboForex.com

Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

By Veselin Petkov, Alpari

By Gabriel Ojimadu, Alpari

By Chris Vermeulen

Our analysis continues today with this research of a potential Short Squeeze in the SPX and other broader markets.  As you are probably well aware, we, at www.TheTechnicalTraders.com, have been nailing the markets with our detailed analysis for quite a while.  Our Advanced Analytical tools have called nearly every move.  Nearly two weeks ago we called a massive market bottom to form in the US markets – well before just about anyone else even saw a bottom formation. In fact, we have already banked 10% profit on the first half of our best-cherry-picked setup for subscribers and it’s continuing to rally more.

Today, we are calling the potential for a massive upside breakout move on what we believe is a massive Short Squeeze position just above resistance in the SPX.  Take a look at these charts.

This SPY chart showing our Advanced Adaptive Dynamic Learning Cycles and the Stage 1 basing pattern that we referenced yesterday is still very valid.  This resistance channel, near the top of the yellow rectangle, is very clear and we can see prices are tightening near the top of this channel.  Our ADLC cycle modeling system is showing a very clear upside breakout – the massive Short Squeeze move.

This SPX chart shows a similar setup with a resistance channel near 2675 and a very clear upside potential to near 2800 or higher.  What is interesting about this chart is that the Standard Deviation channels show this move would actually be considered a “reversion trade” – back to within normal pricing channels.  This means that we could see a much broader move higher with this upside potential – possibly well above 2850.

This final chart is a 240-minute SPX chart that helps to better understand and see the resistance channel that we expect to be broken today or tomorrow.  We believe this downside resistance has setup a massive Short Squeeze position that coincides with our ADL and ADLC predictive analysis technology to indicate that we should see a massive upside price move in the immediate future.  As traders, this means we have some real profit potential over the next few weeks with this move.

Take a look at our trade alert service Wealth Building Newsletter and tools we provide our members at Technical Traders Ltd. and see how we can assist you in finding and executing great trades like these every week.  We have hundreds of members that are following our daily video and other analysis each week.  We believe you should have a great team of researchers and traders backing you up with opportunities for greater profits – check us out www.TheTechnicalTraders.com to see how we can improve your trading success.

Chris Vermeulen