The British pound fell slightly during the trading session on Monday, reaching down towards the 1.35 handle. There is a significant amount of support in that area though, and I believe that the buyers will return to...
The EUR/USD pair rolled over a bit during the trading session on Monday, as the 1.20 level underneath had been broken. I think that the 1.19 level underneath is also supportive, so even if we do continue...
The Australian dollar has climbed a nice up trending channel over the last several sessions, but finally break down below the uptrend line on Monday. Ultimately, looks as if were going to go down to the 0.78...
Gold closed above $1,300 per ounce for the first time in 5 years as the U.S. dollar saw it’s worst decline over the past 14 years. Despite a strong start in 2017, XAUUSD spent most of the year in a sideways...
Hello fellow traders, in this blog post, we will discuss the most hyped cryptocurrency Bitcoin in a technical as well as psychological perspective. From the zero line, we are calling bitcoin completed in the super cycle blue wave (a)...
Short Term Nasdaq Elliott Wave view suggests that the rally from 12/5 low unfolded as a double three Elliott Wave structure where Minor wave W ended at 6545.75 and Minor wave X ended at 6383.25. This week, the Index made a new high above...
EURGBP is trending lower in a shallow descending channel visible on its 4-hour chart. Price is approaching the channel resistance at the .8950 minor psychological level and might be due for a bounce. The 100 SMA is...
GBPUSD is trending higher on its 4-hour chart and looks prime for a pullback to the ascending trend line. Applying the Fib tool on the latest swing low and high shows that this lines up with the...
USDJPY has formed lower highs and found support at the 112.00 area, creating what might be a descending triangle pattern. Price is currently testing support and might be due for a bounce back to resistance if it...
The US dollar fell significantly during the trading session on Tuesday, reaching towards the 112 level. This is an area that has been important more than once, and therefore it’s not a huge surprise to see that...
