The EUR/USD pair initially tried to rally on Thursday, but rolled over as we approached the 1.1880 level. The market then pulls back to the 1.1850 level, and after breaking above the 1.18 level is a very...
The Australian dollar rallied significantly during the Thursday session, as we finally broke above the 0.78 level it had been giving us some many issues. We pulled back a bit, but are starting to see buyers yet...
EURJPY previously broke past the resistance at the 132.50 to 133.00 levels then zoomed up to a high of 133.46. Price has since pulled back to the broken resistance and the Fib tool on the latest swing...
The Dow Jones Commodity Index is a broad measure of the commodity futures market that emphasizes diversification and liquidity through a equal-weighted approach. It doesn’t allow any sector to make up more than 33% of its portfolio...
The Hang Seng Stock Index is a free float, adjusted market capitalization, weighted stock Market Index in Hong Kong. The Index records and monitors daily changes of the largest companies of the Hong Kong Stock Market. It is the...
AUDUSD recently fell through support at the .7800 level then dipped to .7750 before pulling back up. Applying the Fibonacci retracement tool on the latest swing high and low on the 4-hour time frame shows that the...
FTSE Short term Elliott Wave analysis suggests the decline to 7196.58 on 9/15 low ended Primary wave ((4)). The Index is currently within Primary wave ((5)) which is subdivided as a zigzag Elliott Wave structure. The first leg Intermediate...
GBPAUD previously broke through support at the 1.6950 minor psychological level then fell to a low of 1.6785 before making a correction. Applying the Fibonacci retracement tool on the latest swing high and low on the 1-hour...
NZDUSD Short term Elliott Wave view suggests the decline from 9/20 peak remains in progress a zigzag Elliott Wave structure. Down from 9/20 high (0.7434), pair ended Minor wave A at 0.7165. Subdivision of Minor wave A unfolded as 5 waves...
The US dollar rallied slightly against the Japanese yen on Monday, as we are grinding a bit, trying to form a base at the 112.50 level again. I think there is a significant amount of support just...