The EUR/USD pair fell at the beginning of the session on Friday but turned around to form a slightly positive candle. The 1.1150 level above it should be resistance though, so at this point I’m not prepared...
The AUD/USD pair fell on Friday, but turned around to form a relatively supportive looking candle. Ultimately, I see quite a bit of resistance all the way to the 0.7750 level above, so I think that we...
The USD/JPY pair initially fell during the day on Thursday but turned around at the 103 level to form a bit of a hammer. The hammer of course is a bullish sign, and if we can break...
The USD/CAD pair fell slightly during the course of the session on Thursday, but found enough support to turn things around and form a bit of a hammer. The hammer of course is a bullish sign and...
The GBP/USD pair rallied during the session on Thursday, as the Bank of England decided not to add to quantitative easing. With this being the case, I think that we could continue to see a little bit...
The EUR/USD pair had a very volatile session during the day on Thursday, as we slammed into the 100-day exponential moving average. At this point, I recognize that there is a significant amount of resistance all the...
The Australian dollar initially tried to fall during the course of the day on Thursday, but then turned around to bounce and a positive fashion. There is a significant amount of resistance above and extending all the...
GBPUSD is showing signs of a pullback from its selloff, possibly gearing up for a much-needed correction to the broken support around 1.2850-1.2900. Applying the Fib tool on the latest swing high and low on the daily...
By Elliott Wave International Last Friday, EURUSD rallied strongly. Said Reuters: “The U.S. dollar tumbled against a basket of major currencies…on U.S. political uncertainty after the FBI said it would review more emails related to Democratic presidential...
USDJPY’s downward movement from 105.53 extended to as low as 102.54. Further decline is still possible after a minor consolidation, and next target would be at 101.00 area. Resistance is at 104.25, as long as this level...
