The US dollar initially went sideways during the day on Friday, as we hovered around the 1.2575 level. The market broke higher during the day, slicing through the 1.26 handle, as the US jobs market produced far...
The British pound went sideways initially during the day on Friday, but then collapsed after the jobs number came out much longer than anticipated in America. The British pound has been beaten up rather significantly over the...
The EUR/USD pair went sideways initially during the day on Friday, but then broke down after the jobs number came out much stronger than anticipated. Because of this, the market fell towards the 1.1750 level underneath, which...
The Australian dollar started out on Friday rather bullish, but found enough resistance at the 0.7980 level to fall over. This was predicated upon the jobs number in the United States being better than anticipated, so that...
Tesla stock TSLA saw an impressive rally from the start of the year gaining +78% in 6 month before a correction took place and despite the recent decline the stock is still with +60% in profits. In this Technical Blog we’re...
By Elliott Wave International We all love a bargain… …Except when it comes to stocks. The reason boils down to uncertainty. We know what our fruits and vegetables should cost at the grocer’s — but we’re far...
Short term USDCAD Elliott Wave view suggests the decline to 1.2411 ended Intermediate wave (3) of an Elliott Wave impulse structure from 6/2 peak. Intermediate wave (4) bounce is in progress as a flat Elliott wave structure where Minor wave A ended at 1.2576 and...
After breaking above the resistance of the September 2016 high of 0.7484 high, NZDUSD pulled back from 0.7557, suggesting that a short term top had been formed on the daily chart. On the upside, the pair stays...
The US dollar fell significantly against the Japanese yen during the day on Thursday, crashing into the 110 handle. By slamming into this area, we are testing significant support, not only in a psychological sense, but also...
The USD/CAD pair rallied initially during the day on Thursday again, but turned around to show signs of exhaustion. I believe that part of this may be due to the employment figures coming out of both countries...
