تحليلات الاسبوع- Technical Analysis Based on Breakout — Buy Spanish Index upon retracing towards 10492.3

[ad_1] Technical Observation: On 24th April 2017, the spanish index Gaped above the the resistance zone 10492.3-10356.5 but is currently recovering downwards. This is a possible genuyine breakout and unless this index break again below 10356.5, I choose to remain flat and only buy around 10.492. On the daily chart above, I expect further bearish retracements towards 10492.2 where I’ll […]

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تحليلات الاسبوع- Elliott waves for Forex correlation analysis — SPX500 Still to rise

[ad_1]   Gold weekly review Wave Analysis: During the previous trading week ending 28th April 2017, Gold markets continue to retrace to the lower side  but should not go beyond 1256.30 from where we’ll be looking to re-buy the impulsive wave (c) towards 1396. Although this correction is highly anticipated, we’re reluctant to sell this commodity instead, we’re waiting for […]

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