GBPJPY Short Term Elliott Wave suggests that the decline to 8/23 low at 139.27 ended Minor wave W. Minor wave X bounce is currently unfolding as a double three Elliott Wave Structure. Minute wave ((w)) of X ended at...
The US dollar exploded to the upside on Tuesday against the Japanese yen, and then continued that bullish pressure on Wednesday. We are now clear the 110 handle, and it looks a very likely to continue to...
The USD/CAD pair initially fell during the session on Wednesday, but found the 1.25 level to be supportive enough to turn the market around. Because of this, I think that the explosive moved to the upside signals...
The British pound has gone sideways overall during the session on Wednesday, in a consolidated and messy manner. I believe that ultimately the British pound will continue to fall, and that the recent rally has been more...
The EUR/USD pair fell on Wednesday, as we are reaching towards the 1.19 level. That’s an area that should be supportive, but if we break down below there I think there’s even more support near the 1.18...
The Australian dollar has been sold off rather aggressively during the session on Wednesday, as the sellers stepped in just below the 0.80 level. Now that we are approaching the 0.79 handle, it is likely that we...
USDCAD seems to be done with its selloff as price is forming a double bottom pattern on its 4-hour time frame. This classic reversal signal could be confirmed once price breaks past the neckline resistance at the...
Oil Short Term Elliott Wave suggests that the decline from 8/1 peak is unfolding as a double three Elliott Wave Structure where Minute wave ((w)) ended at 46.46 and Minute wave ((x)) ended at 48.76. Oil has since made a...
SPX S&P 500 Long Term Elliott Wave view suggests that the Index has reached the minimum target at 2234.35 to end a big cycle from an all time low. If we assume the Index starts from all-time...
EURCAD seems ready to go for a move higher as it formed an inverse head and shoulders pattern on its daily time frame. Price has yet to break past the neckline at the 1.5000 major psychological level...
