After touching the top of the price channel on daily chart, EURUSD pulled back to 1.0650, indicating that the pair remains in downtrend from 1.1616 (May 3, 2016 high), and the rise from 1.0340 could be treated...
You saw big moves in forex last year — and 2017 should be no different. Our friends at Elliott Wave International have just released a new interview with their Senior Currency Strategist, Jim Martens. In this 5-minute...
USD/JPY daily chart, April 03, 2017 The USD/JPY pair initially tried to rally during the day on Friday, but found the 100-exponential moving average too resistive to continue going higher. Because of this, I think we need...
USD/CAD daily chart, April 03, 2017 The USD/CAD pair initially tried to rally during the day but turned around and broke towards the 1.33 level underneath. The oil markets continue to show signs of strength, and that...
GBP/USD daily chart, April 03, 2017 The GBP/USD pair fell initially on Friday but found enough support to turn things around and show signs of strength. Currently, looks as if the British pound is starting to pick...
EUR/USD daily chart, April 03, 2017 The EUR/USD pair initially tried to rally during the day on Friday, but turned around to form a less than stellar bullish candle. The 1.0750 level above should be resistive, but...
AUD/USD daily chart, April 03, 2017 The AUD/USD pair had a volatile session during the day on Friday, as the 50-day exponential moving average continues to offer support. A break above the top of the candle should...
One of the most popular consensus in 2017 among the analysts is a stronger U.S. Dollar due to the Fed in rate hiking cycle and also Donald Trump promising infrastructure spending, tax reform, which are all supposedly...
Short term Elliott Wave view in USDJPY suggests that cycle from 3/10 peak (115.53) has ended with Minor wave A at 110.077. Decline from 115.53 is unfolding as a 5 waves impulse Elliott wave structure with an extension where...
EURUSD has been selling off recently but it could be approaching a turning point as it nears the bottom of the longer-term ascending channel visible on the 4-hour time frame. Price could test support at the 1.0650...
