GBPJPY was previously trading inside an ascending triangle visible on its daily time frame and has just broken below support to signal that bears have gotten the upper hand. The chart pattern is around 2300 pips tall...
Before we get into the subject, Alphabet, Inc. is a holding company and engages in acquisition & operation of different companies and operates through the Google and Other Bets segments. The Google segment includes Internet products such...
Short term Dow Futures (YM_F) Elliott Wave view suggests that rally from 6/29 low is unfolding as a a double three Elliott wave structure. Up from 6/29 low (21138), Minor wave W ended at 22132 and pullback to 21790...
Short term USDX index Elliott Wave view suggests that the decline to 8/02 (92.54) low ended intermediate wave (3) then the rally from there is unfolding as a a double three Elliott wave structure. As the structure from the...
NZDJPY appears to be done with its tumble as price is forming an inverse head and shoulders pattern on its 1-hour time frame. Price also seems to have broken past the neckline at 80.00 to confirm that...
The US dollar rallied a bit during the day on Wednesday, going into the FOMC Meeting Minutes. We initially reached towards the 111 handle, but then pulled back to find bits of support. I think the market...
The USD/CAD pair fell significantly during the session on Wednesday at the open, but the 1.27 level has been offering a bit of support. At this point, I would anticipate that the buyers may return to the...
The British pound went sideways during most of the session on Wednesday, hugging the 1.2850 level. The market is waiting to see with the Federal Reserve is thinking, and the Meeting Minutes could have a lot to...
The EUR/USD pair fell during the trading session on Wednesday, testing the 1.17 level underneath. This is an area that should continue to offer a bit of interest, but with the FOMC Meeting Minutes coming out, it’s...
The Australian dollar rallied significantly during the day on Wednesday, but found the 0.79 level above to be a bit resistant. Quite frankly, I think this will be and I selling opportunity unless we break above the...
