roy_cuzin

roy_cuzin

The Copper is bottoming out in the last two weeks or so after a strong downside movement. According to the Matrix the Copper is ready to shift its primary direction towards north. A new upside trend is imminent with the potential upside move of about $20 straight to the major resistance of the Matrix at $2.2700. I have placed my Stop-Loss at $2.0285, which...

roy_cuzin

EUR/AUD has just broke-down the major Support level of the Matrix at 1.5350. That is a clear Sell Signal. Our Fibonacci Matrix model predicts a continuation of the downside move all the way to the lower levels of the Matrix around 1.4300 - Our Price Target .

roy_cuzin

After a prolonged decline from the high levels of 86.00, the AUD/JPY is forming a reversal in the lower part of the Matrix. According to the Fibonacci Matrix, the pair is expected to form Wave E, going all the way up towards the upper part of the matrix. The positive divergence support the analysis and reinforce a Buy entry at the current levels. Price target is...

roy_cuzin

EUR/CHF hasn't fullfiled its upside potential trend yet, and after the latest correction, the pair is ready to resume its original upside direction. Our price target is consistant with the previouse high at 1.1200. Stop loss in this case should be placed firmly bellow the local support level of 1.1083.