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(Video) Elliott Wave Market Overview For Feb 06
Monday, February 06, 2012

by Gregor Horvat of Elliott Wave Financial Service

Hello Traders! Hope you all had a great weekend!

USD is trading higher after a gap lower on Euro and S&P Futures seen at the open. Commodity currencies are also looking weak after lower metals, with gold down more $40 from Friday highs. Looks like we could see more USD strenght in this week, but only within larger corrective pull-backs, which are part of a bullish trend on majors.

For more analysis please check our latest video analysis below in which we covered Euro, Aussie, Cad, Gold and Jpy.

If you want updates and more technical analysis, then you can join our services at www.ew-forecast.com

Gregor Horvat

Chief Technical Strategist

Website: http://www.ew-forecast.com/

Skype: grega_man

Twitter: http://twitter.com/gregahorvatfx

Recent articles from this author

Cable Looking For A Support At 1.6000 - Tuesday, May 15, 2012
S&P500 Now Headed To 1330; Then Watch Out For A Bullish Reversal! - Sunday, May 13, 2012
Crude Headed Beneath $95 - Thursday, May 10, 2012
Video Analysis on Eur/Usd and S&P500 - Thursday, May 10, 2012
Aud/Usd: Bottom Is Near - Wednesday, May 09, 2012

About the author

Gregor Horvat is based in Slovenia (Central Europe) and has been in Forex market since 2003. He is technical analyst and individual trader who also provide a lot of articles and trade plans based on the Fibonacci and Elliot Wave principle. He was working for Capital Forex Group and TheLFB.com. His feature articles have been published in: Thestreet.com, Action forex, Forex TV, Istockanalyst, ForexFactory, Fxtraders.eu. He mostly focuses on currencies, oil, gold, and the U.S. stock market.

Gregor Horvat is also founder of forex services on www.ew-forecast.com. EW-Forecast.com provides technical analysis of the financial markets, highlighting behavioral patterns based on the Elliott Wave Principle (EWP). EWP provides a method for identifying price points at which a market is most likely to turn. Knowing the probable swing and reversal points provides confirmation of where investors could enter and exit positions for the highest probability of success.

Gregor Horvat
Chief Technical Strategist
Website: http://www.ew-forecast.com/
Skype: grega_man

Twitter: http://twitter.com/gregahorvatfx
Email: info@ew-forecast.com

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