The Australian dollar has fallen a bit during the beginning of the week, as Monday was a bit pro-US dollar. I think that the Australian dollar will continue to be noisy, but it also looks as if...
EURJPY is trending lower inside a descending channel pattern and is about to test the resistance. This lines up with the 200 SMA dynamic inflection point, which adds to its strength as resistance. The 100 SMA is...
USDCAD recently broke out of an inverse head and shoulders pattern on its 4-hour time frame and looks ready for an uptrend. Price could still pull back to a new rising trend line forming before gaining bullish...
We revise our Gold Short Term Elliott Wave view to a more aggressive one and call the decline to 2.8.2018 at $1306.8 ending Intermediate wave (X). For this view to get validity however, the yellow metal needs to...
EURUSD could be in for a selloff as a double top pattern can be seen on its 4-hour time frame. Price has yet to break below the neckline at the 1.2200-1.2250 levels before confirming the potential downtrend....
2020-2022 What will happen to the World Indices, A US Constitutional Crisis or Something Else? The market move by Technical sequences, levels, and areas. Every day we see how the price moves from one area to another...
Gold Short Term Elliott Wave view suggests that the yellow metal is still correcting cycle from 12.13.2017 low ($1236.30) as a double three Elliott Wave structure. Down from 1.25.2018 high ($1366.06), the decline is unfolding as a double three...
Gold Short Term Elliott Wave view suggests that the decline to 1306.96 ended Intermediate wave (X). The rally from there is unfolding in 5 waves impulse Elliott Wave structure. Minutte wave (i) ended at 1337, Minutte wave (ii) ended at...
The US dollar has rallied a bit against the Japanese yen during the trading session on Tuesday, reaching towards the 107.50 level. That’s an area that was previous support in the past, but I think at the...
The US dollar has rallied significantly against the Canadian dollar on Tuesday, as we press the resistance level at the 1.2625 level. The market looks likely to find buyers underneath, as we have seen a massive search...
