Short term FTSE 100 ( UKX-FTSE ) Elliott Wave view suggests that Minor wave B ended on 6/30 low 7302.7 and the rally from there is unfolding as a double three Elliott wave structure where wave ((w)) ended at 7515.12 and wave ((x)) pullback...
EURJPY dropped sharply to as low as 128.70 after breaking below a major support trend line at 130.35 on its 4-hour chart. Further decline is still possible in a couple of days. On the downside, the pair...
The US dollar initially fell during the session on Tuesday, dropping down to the 110.25 handle. However, we turned around to find plenty of support and saw an impulsive move to the upside after the Jolts announcement...
The USD/CAD pair went sideways during most of the session on Tuesday, reaching towards the 1.27 level. However, it looks likely that the market is going to try to break out above there, and continue to go...
The GBP/USD pair fell during most of the session on Tuesday, drifting towards the 1.30 level. That support barrier got broken, and because of this it’s likely that we will continue to go much lower. I think...
The EUR/USD pair went sideways during most of the session on Tuesday, testing the 1.18 level for support. As the Americans came on board, the jobs opening number broke above 6 million, and since a lot of money...
The Australian dollar initially tried to rally during the day on Tuesday, but found trouble at the 0.7950 or so. The fact that we ran to that level and then fell over, the market should then continue...
AUDNZD made higher highs and higher lows, moving inside an ascending channel on its 1-hour time frame. Price just bounced off the resistance and looks ready for another test of support. Using the Fib tool on the...
USDCAD stays above the rising trend line on its 4-hour chart and remains in uptrend from 1.2413. As long as the trend line support holds, the uptrend from 1.2413 could be expected to continue and next target...
USDJPY failed to break out of the top trend line of the price channel on the 4-hour chart and is now facing 109.83 support. A breakdown below this level will indicate that the downtrend from 114.49 has...
