EURUSD is facing 1.3507 support, a breakdown below this level will signal resumption of the downtrend from 1.3892, then next target would be at 1.3400 area. However, as long as 1.3507 support holds, lengthier sideways movement could...
The GBP/USD pair fell during the session on Thursday, slicing through the 1.65 handle. The market does have quite a bit of support below that area though, and as a result we got a bit of a...
The EUR/USD pair fell hard during the session on Thursday, testing the 1.3550 level. This area has been supportive in the past, and as a result we feel that this market could seriously trying support down at...
The AUD/USD pair fell during the beginning part of the session on Thursday, but turned around and formed a hammer. This hammer, although it looks to be supportive, appears to us to be more consolidation than anything...
By Elliott Wave International If Inspector Gadget or Maxwell Smart had lived in the digital age, their bosses would have used the smartphone app Snapchat to deliver their secret missions. Snapchat is a popular app with about...
The RBNZ decided to keep interest rates unchanged at 2.50%, much to the disappointment of Kiwi bulls expecting to see policy tightening. The pair sold off after the event but might be due to find support at...
The USD/JPY pair fell hard during the session on Wednesday, testing the 102 level. The market did find buyers there, so it appears that there are at least enough people that believe in the uptrend to keep...
The USD/CAD pair initially fell during the session on Wednesday, but found enough support below the 1.11 level in order to bounce and form a hammer. This was especially interesting considering that was the FMOC meeting day...
The GBP/USD pair went back and forth during the session on Wednesday, essentially printing a neutral candle. This is the second day in a row we have seen as, but it does suggest that the 1.65 level...
The EUR/USD pair fell during the session on Wednesday in preparation for the FMOC release. However, later on in the day we did in fact bounce enough to form a hammer, which of course is a significant...
