Nasdaq Short Term Elliott Wave view suggests that the Index remains bullish as far as pullbacks stay above Intermediate wave (4) at 6232.3. Rally from Intermediate wave (4) low unfolded as a double three Elliott Wave structure where Minor wave W ended at...
AUDNZD has been trending lower, moving inside a descending channel on its 4-hour time frame. Price is currently testing the resistance and could be due for a drop to support. The 100 SMA is below the longer-term...
USDCAD was previously trading inside a rectangle pattern, which turned out to be a triple top reversal formation when price broke to the downside. The chart pattern is approximately 250 pips tall, so the resulting selloff could...
GBPUSD has formed lower highs and higher lows recently, creating a symmetrical triangle pattern on its 1-hour time frame. Price is approaching the peak of the formation so a breakout could take place soon. The chart pattern...
The US dollar has drifted a bit lower against the Japanese yen during the trading session on Tuesday, reaching down towards the 113.25 region. However, this is a market that will have a significant lack of...
The US dollar has fallen against the Canadian dollar over the last several sessions, and we are now at lower levels than we had been in the past. However, I think that breaking below the 1.27...
The British pound should continue to find buyers underneath, and although the market has been very quiet, most of this can be written off due to the time of year, and of course I believe that...
The EUR/USD pair rallied significantly during the trading session on Tuesday after initially falling. Because of this, the market ended up basically being more noise than anything else, but when I look at the longer-term charts...
The Australian dollar drift a little bit lower initially during the trading session on Tuesday, but then bounced slightly to show signs of life again. This market should continue to be a bit quiet over the...
Bitcoin price is falling for the fourth consecutive day and accelerated the decline hours ago. Since the record highs reached on Monday, the price has lost about 40%. Today came to lose $3,000, then moderate the fall....
