EURGBP sold off sharply from its previous rally to the .9300 region, pulling back to an area of interest around the .8700 to .8800 levels. This lines up with the 50% to 61.8% Fibs, which could hold...
The US dollar rallied significantly during the session on Friday, after initially falling rather hard. The shakeup had to do with the North Koreans launching a missile over Japan, but quite frankly, the market has seen this...
The US dollar had a choppy session against the Canadian dollar, as we continue to grind higher. However, there is an uptrend line that had recently been broken on the weekly chart’s above, and that should offer...
The British pound skyrocketed against the US dollar again on Friday, as fallout from the British central bank suggesting that interest rate hikes are coming sooner rather than later continues. However, we are testing a major resistance...
The EUR/USD pair rallied significantly during the session on Friday, as we are looking to break above the 1.20 level again. If we can, this market should continue to go much higher. I still have a longer-term...
The Australian dollar tried to rally during the day on Friday, but found a bit of resistance near the 0.030 level. By pulling back, we have settled near the 0.0 level again, an area that has been...
DXY Dollar Index Short Term Elliott Wave view suggests that the Index ended Primary wave ((3)) at 91.01. Primary wave ((4)) bounce is proposed complete at 92.66 as a double three Elliott Wave structure. Wave (W) of ((4)) ended...
The US dollar did very little against the Japanese yen during the session on Thursday, as the 110.50 region is very noisy. Even more importantly, the 111 level above is resistance, and we need to break above...
The US dollar rose slightly against the Canadian dollar during the session on Wednesday, as we continue the upward channel. However, we have recently seen a massive move in favor the Canadian dollar so I think that...
The British pound initially went sideways on Thursday, showing signs of hesitation before the Bank of England meeting. Although there was no interest rate high, the Bank of England suggested that perhaps interest rate hikes could be...
