The Australian dollar fell hard during the session on Friday, crashing into the 0.75 handle. That’s an area that has a certain amount of psychological significance to it, so it makes sense that we could get a...
By Elliott Wave International In this new interview, Brian Whitmer, the editor of our European Financial Forecast and contributor to the European section of Global Market Perspective, highlights the precarious position of European stock markets. Get a...
NG #F (Natural Gas) has been rallying since forming a low on 2/22 (2.523). Rally is unfolding as a WXY or double three Elliott Wave Structure where wave W completed at 3.089 and wave X completed at 2.882....
DFMGI tracks Dubai Financial Market which is the largest financial trading exchange in the United Arab Emirates. Dubai has emerged as a global city and business hub of the Middle East , it’s contently growing bigger and becoming...
Short term Elliott Wave view in EURJPY suggests that cycle from 3/12 peak (122.89) is unfolding as a double three Elliott wave structure where Minor wave W ended at 119.28 and Minor wave X ended at 120.45. Minor wave...
The USD/JPY pair initially fell during the trading session on Thursday but found enough support to turn around and form a hammer. It looks as if the 110 level is going to continue to offer support, while...
The US dollar initially tried to rally against the Canadian dollar on Thursday but with the oil markets rallying, that gave a bit of a boost to the Canadian dollar and we turned right back around and...
The British pound continues to find buyers every time we dip, and that’s exactly what happened on Thursday. We initially fell, and then turned around to reach towards the 1.25 handle again. This is a market that...
The EUR/USD pair continues to find support at the 1.0650 level, as we bounced enough to form a supportive candle yet again. Because of this, I believe that the currency pair is waiting for jobs number out...
The Australian dollar bounced during the day after initially falling on Thursday. This was due mainly to the 200-exponential moving average coming into play, which allow long-term traders pay attention to. Because of this, I think that...
