| Chart | Quotes |
| Currency Pair | Bid | Ask |
|---|---|---|
 EURUSD |
1.2931 | 1.2934 |
 GBPUSD |
1.5123 | 1.5126 |
| USDJPY |
101.27 | 101.30 |
| USDCHF |
0.9614 | 0.9617 |
| USDCAD |
1.0318 | 1.0321 |
| EURJPY |
131.01 | 131.04 |
| EURCHF |
1.2431 | 1.2436 |
| GBPJPY |
153.14 | 153.21 |
| GBPCHF |
1.4541 | 1.4548 |
| GOLD |
1386.20 | 1386.80 |
|
Nikola Delic
Born March 28, 1991 in Serbia.
Education: Oxford University Financial Management in Serbia, graduated in 2011. Work experience: Chief Analyst at Singapore Grand Capital Ltd. The owner of Forex Money news portal.
He has been involved in the world of finance since 2008. He also writes the market analytical reviews for forex blogs and websites. Nikola is developing his trading skills and strategies. In 2010 he started working as a private money manager for clients from Singapore and Malaysia. For analysis he uses combination of technical (Elliott Wave and Correlation) and fundamental analysis. He bases his work on the following principles: patience, discipline, strict money and risk management.
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Analyst Portfolio
Types of Analysis:
Wave analysis
Experience: 3 years Analytical Credo: buy low sell high |
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The recent market reviews by the author
For the last 2 days the USD/JPY pair was trading in a downward movement, corrective 2 ave (coloured blue) of the bigger (3) wave (coloured green) was developing.
2012-12-21 13:06
Since our last analysis the EUR/USD pair was trading in a downward move, corrective C wave (coloured blue) of the bigger (2) wave (coloured green) was developing.
2012-12-21 13:04
For the last few months the NZD/USD pair was trading in upward move, corrective C wave (coloured purple) of the bigger (D) wave (coloured blue) was developing.
2012-12-20 09:53
Since our last analysis the USD/CHF pair was trading in a upward move, impulsive (1) wave (coloured green) of the bigger (A) wave (coloured red) was developing.
2012-12-20 09:48
Last week te EUR/GBP pair was trading in a upward movement, corrective (C) wave (coloured green) of the bigger (2) wave (coloured red) was developing.
2012-12-19 10:08
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The recent posts from the author’s blog
Profit In Forex
If this involves generating an income in the Foreign exchange buying and selling, it’s best to not set any sort of profit limit in advance. It isn’t that you won’t earn everything from the Foreign exchange buying and selling. You’ll … Continue reading
GBP/JPY Wave Analysis for November 30, 2012
GBP/JPY Elliott Wave For the last few days the GBP/JPY pair was trading in an upward move, impulsive 3 wave (coloured blue) of the bigger (3) wave (coloured green) was developing. Yesterday during the Asian and European sessions we could … Continue reading
GBP/USD Wave Analysis for November 28, 2012
GBP/USD Elliott Wave For the last few days the GBP/USD pair was trading in a sideways move, corrective 4 wave (coloured blue) of the bigger (1) wave (coloured green) was developing. Yesterday during the European session we could observe descending … Continue reading
USD/CHF Wave Analysis for November 28, 2012
USD/CHF Elliott Wave Since our last analysis the USD/CHF pair was trading in an upward move like we expected, corrective (4) wave (coloured pink) of the bigger 3 wave (coloured blue) was developing. Yesterday during the Asian and European sessions … Continue reading
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Author’s trends for the 5 major instruments
No information in english
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5 pieces of the most important economic news advised by the author
No information in english
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Forum topics of the analyst
No information in english
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As shown from the today's H4 chart, the metal is stabilizing between the Support level 22.00 and the Resistance level 23.00 after its failure to break the Support level again yesterday.
Yesterday the Australian dollar stopped at the last daily fractal, 0.9590.
The pound sterling exceeded the 1.51 area in the last few hours, but it found resistance at 1.5135. 
This morning thye euro is shown with an upward bias due to an unexpected increase in German IFO business climate.
Supply zone located around 1.5550-1.5600 (the upper limit of the depicted bullish channel and 50% Fibonacci level) provided considerable resistance for the cable last week.
We talked about consolidation of the pair within the price range 1.2950 -1.3240 and the importance of breakout off this zone for the liberation of the pair.
Support level around 1.0016-0.9995 provided evident bullish steam for the pair to step above 1.0300. Hence, there might be further bullish pressure to test 1.0430 level. 
Buyers should be careful, since we got lack of demand.
