The EUR/USD pair spent most of the day going sideways on Tuesday, but then pulled back to reach towards the 1.2860 level underneath. It is the 38.2% Fibonacci retracement level from the move higher, and we are...
The Australian dollar went back and forth during the course of the trading session on Tuesday, bouncing around the 0.76 handle. That being the case, I think that the market should be very volatile in this general...
EURAUD previously broke past the resistance at 1.5600 then zoomed up to a high of 1.5696 before retreating. This could be a correction from the uptrend if the pair finds support at the Fib levels. The 50%...
YM_F Dow Short term Elliott Wave view suggests that Intermediate wave (4) ended at 23204. Rally from there is unfolding as a leading diagonal Elliott wave structure. Minute wave ((i)) ended at 23464, Minute wave ((ii)) ended at 23241, Minute wave ((iii)) ended at 23599,...
The S&P Retail Industry Index comprises stocks in the S&P Total Market Index that are classified in the GICS retail sub-industry. For this article we’ll be using The SPDR S&P Retail ETF (XRT) which tracks an equal-weighted index of stocks in the...
The US dollar fell against the Japanese yen during most of the session on Monday, as we continue the downward pressure. Now that we have cleared the 111.50 level, I believe that the market is going to...
The US dollar initially fell against the Canadian dollar, dropping below the 1.27 handle again, but we found plenty of support below, and shot through the 1.27 level without much trouble afterwards. We are starting to see...
The British pound initially rally during the trading session on Monday, breaking above the significantly resistive 1.3333 handle. As I record this though, we are turning around to form a bit of a shooting star on the...
The EUR/USD pair rallied initially during the trading session on Monday, reaching towards the 1.1950 level above, and then pulled back towards the 1.19 level underneath. I think that the market is starting to struggle a bit,...
The Australian dollar has been very volatile during Monday trading, initially surging higher during the day, but finding enough resistance near the 0.7650 level to roll over and sell off rather significantly. The daily candle looks very...
