The EUR/USD pair initially went sideways on Friday, but then spiked higher. The 1.1650 level offered enough resistance to turn the market around, but as I record this it looks as if we are continuing to go...
The Australian dollar fell initially during the day on Friday, but bounced somewhat significantly as we broke above the 0.79 handle again. Because of this, the market was very likely to continue to be choppy, but I...
Revised short term DXY (USD Index) Elliott Wave view suggests the decline from 6/20 peak (97.87) is unfolding as a double three Elliott wave structure. Down from 97.87 high, decline to 95.47 ended Minor wave W, and bounce to 96.51...
Being supported by the 20-week moving average, ETHUSD rebounded strongly from 135, and broke above the bearish trend line from the June 12 high of 415 to the June 29 high of 315 at 196 on the...
The USD/JPY pair initially tried to rally during the day, but found enough resistance near the 112.32 level to turn around and drop significantly. However, by the end of the day we are starting to find support...
The US dollar fell below the 1.26 level after initially tried to rally on Thursday. We found support below, and it now looks as if we are going to continue to “sell the rallies” in general. Because...
The GBP/USD pair fell significantly during the day on Thursday, slicing through the 1.30 level. This is a very negative sign, and we have even tested the 1.30 level for resistive action and have found it on...
The EUR/USD pair shot through the roof during the day on Thursday, as news came out that investigators are expanding their search into Donald Trump’s global companies for collusion with Russia. Quite frankly, this announcement really wasn’t...
The Australian dollar initially fell during the day on Thursday, but turned around to reach towards the 0.7975 level. By doing so, we end up forming a very bullish looking candle, as it appears that we are...
EURAUD is trending lower and moving inside a descending channel connecting the highs and lows of price action since the latter part of May. Price is bouncing off the channel support and could be due for a...
