Oil (CL_F) Short Term Elliott Wave view suggests that the decline to 59.95 on 3/9 ended Minor wave 2. Minor wave 3 is unfolding as a 5 waves impulse Elliott Wave Structure where Minute wave ((i)) of 3...
The US dollar has rallied a bit during the trading session on Wednesday, reaching towards the 106.50 level. This is an area that has been noisy more than once, and it looks as if we are trying...
GBPUSD is trending higher on its 1-hour time frame and moving inside an ascending channel pattern. Price is just bouncing off the top and might be due for a dip to the bottom around the 1.3970 level....
The US dollar has gone sideways against the Canadian dollar over the last 24 hours, after initially dipping at the open on Monday. The market looks very likely to hang about this area, as we are watching...
I believe that much of the selling in this pair is probably due to people stepping away from the currency markets as we await confirmation from the Federal Reserve as to what they might be doing over...
The EUR/USD pair broke down significantly during the trading session on Tuesday, reaching down towards the 1.2270 level, an area that has offered support recently. I think that if we bounce from here, the market will probably...
The Australian dollar has initially fell during the trading session on Tuesday, but you can see is starting to bounce a bit on the chart. I think that the 0.77 level is going to continue to be...
By Elliott Wave International Those who’ve invested solely in the stock market during the past several years have seen the value of their portfolios increase. As of June 30, 2017, the average 401(k) balance stood at $97,700,...
USDCAD broke below 1.3040 support, suggesting that the uptrend from 1.2803 had completed at 1.3124 already. Range trading between 1.2870 and 1.3124 would likely be seen over the next several days. However, as long as 1.2870 support...
USDJPY broke above 106.41 resistance, suggesting that the downside movement from 107.29 had completed at 105.60 already. Further rise could be seen and next target would be at 107.29 resistance. Above this level could take price to...