Forex Mansion

Technical Analysis

Short-Term Oulook in EUR/USD Short-Term Oulook in EUR/USD By Alexander Nikolov EURUSD: 1.3218 Short-Term Trend: weak downtrend Outlook: A week ago I favored longs on a small pullback against the 1.2670 level. Depending on your risk tolerance, you are either long already or have missed to enter long by a small margin. I will consider that we have a hypothetical long position. The... Continue Reading | write a comment

Dollar Is Headed Even Lower In Coming Weeks Dollar Is Headed Even Lower In Coming Weeks By Elliott Wave Forecast Group A sharp fall from 81.80 area seen in the past few weeks is impulsive, which means that we have a temporary top in place, likely of a wave I, which was an expanding diagonal. That is type of a motive wave, where structure allows overlap between waves four and one. With this being said, at... Continue Reading | write a comment

Get Ready For Stock Market Collapse In 2012 Get Ready For Stock Market Collapse In 2012 By Elliott Wave Forecast Group A fall from 2007 down to 2009 March lows unfolded clearly in impulsive structure, which we know is indication of a trend. As such, we are very confident that larger trend has now turned down, especially after only 3-waves of recovery into 1370 region; exactly for 78.6% retracement of previous impulsive fall!... Continue Reading | write a comment

Video: EUR/USD vs. EUR/JPY Forecast Example (Elliott... Video: EUR/USD vs. EUR/JPY Forecast Example... By Elliott Wave Forecast Group this past week. In this video you will find out "how and when", "we or you can" become more confident into your analysis and forecasting in currency markets, which potentially can improve your success in trading. We think, that intra-market analysis and correlations, key market levels and... Continue Reading | write a comment

EUR/USD Short-Term Update EUR/USD Short-Term Update By Alexander Nikolov EURUSD: 1.2957 Short-Term Trend: downtrend Outlook: Several weeks ago we favored a short position in the 1.34/1.35 area with a target at 1.2870. The 1.2870 target was reached in the last week of 2011, so we are now flat. The daily downtrend remains strong as so far there is no evidence of a major bottom... Continue Reading | write a comment

Short-Term Oulook in EUR/USD

EURUSD: 1.3218 Short-Term Trend: weak downtrend Outlook: A week ago I favored longs on a small pullback against the 1.2670 level. Depending on your risk tolerance, you are either long already or have missed to enter long by a small margin. I will consider that we have a hypothetical long position. The...

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