The US dollar broke apart against the Canadian dollar rather significantly. Ultimately, this is a market that has broken below the 1.32 level, and that was an area that was offering a significant amount of support. I...
The British pound initially went sideways during the day on Tuesday, and then broke higher, reaching towards the 1.2775 level. Above there, I think the 1.28 level offered resistance, so if we can break above there I...
The EUR/USD pair had an extraordinarily bullish day on Monday, breaking above the 1.12 level handily, and reaching towards the 1.13 handle. The market should continue to go higher, and a break above the 1.1315 level is...
The Australian dollar initially rally during the day on Tuesday but then found enough resistance near the 0.7625 handle to turn around and drop significantly. However, as I record this market for the Wednesday session, I can...
Hello fellow traders. In this technical blog we’re going to present the past Elliott Wave charts of Hang Seng ( $HSI-HKG ) . As our members know, we were pointing out that Hang Seng is having incomplete bullish...
Short term EURJPY Elliott Wave view suggests the decline to 122.35 on 6/15 low ended Intermediate wave (X). Rally from there is unfolding as a double three Elliott Wave structure where Minute wave ((w)) ended at 124.46 and Minute...
The USD/JPY pair initially tried to rally during the session on Monday but ran into quite a bit of trouble near the 111.75 level. We pulled back, looking for support near the 111.35 handle, where we had...
The US dollar fell initially against the Canadian dollar, reaching towards the 1.32 level. However, on the hourly chart we ended up forming a bit of a hammer. The hammer of course is a very bullish sign,...
The British pound gapped higher at the open on Monday, and then reached to the 1.2750 level. We pulled back a little bit though, and found support at the 1.27 level, and now find yourself going sideways...
The EUR/USD pair went sideways initially during the day on Monday, but found the 1.12 level above to be resistance. We broke down below there, and then reached down to the 1.1175 level, where we found quite...
