EURUSD could be in for a selloff as a double top pattern can be seen on its 4-hour time frame. Price has yet to break below the neckline at the 1.2200-1.2250 levels before confirming the potential downtrend....
2020-2022 What will happen to the World Indices, A US Constitutional Crisis or Something Else? The market move by Technical sequences, levels, and areas. Every day we see how the price moves from one area to another...
Gold Short Term Elliott Wave view suggests that the yellow metal is still correcting cycle from 12.13.2017 low ($1236.30) as a double three Elliott Wave structure. Down from 1.25.2018 high ($1366.06), the decline is unfolding as a double three...
Gold Short Term Elliott Wave view suggests that the decline to 1306.96 ended Intermediate wave (X). The rally from there is unfolding in 5 waves impulse Elliott Wave structure. Minutte wave (i) ended at 1337, Minutte wave (ii) ended at...
The US dollar has rallied a bit against the Japanese yen during the trading session on Tuesday, reaching towards the 107.50 level. That’s an area that was previous support in the past, but I think at the...
The US dollar has rallied significantly against the Canadian dollar on Tuesday, as we press the resistance level at the 1.2625 level. The market looks likely to find buyers underneath, as we have seen a massive search...
The British pound has been very noisy during the trading session on Tuesday, reaching as low as 1.3930, but then turning around to rally. As I look at the charts on the hourly timeframe, I can see...
The EUR has initially fallen during the session on Tuesday, reaching down to the 1.2325 handle, but found enough support at this area to show signs of life again. The 61.8% Fibonacci retracement level looks as if...
The Australian dollar has broken down a little bit during the trading session on Tuesday, but we are starting to find support as I record this. If we can break above the 0.79 level substantially, I think...
EURAUD looks ready for a selloff as price is forming a double top reversal pattern on its 4-hour time frame. The pair has yet to break below the neckline at the 1.5650 minor psychological mark before confirming...
