The Australian dollar fell a bit during the day on Thursday, reaching down towards the 0.75 zero level underneath. We bounce from there, but I think overall, we are going to continue to see quite a bit...
EURGBP is still trending higher as it tests the top of the ascending channel resistance visible on the 4-hour time frame. Stochastic is moving up to signal that there’s still some bullish pressure left but the oscillator...
The US dollar was very choppy against the Japanese yen during the Wednesday session as fears over conflict on the Korean Peninsula hit the markets. We break down below the 110 level, which of course is a...
The US dollar rallied again against the Canadian dollar on Wednesday, testing the 1.27 level, pulling back, and then breaking through again. To me, looks as if this market is ready to continue rising, and the dips...
The British pound continues to dance around the 1.30 level, as the market seems to be accumulating. I don’t know if we can break out to the upside, but this is an area where we need to...
The EUR/USD pair has gone sideways during the session on Wednesday as we continue to consolidate just above the 1.17 handle. If we can break above the 1.1765 handle, I think that the market will continue to...
The Australian dollar initially trying to break down during the day on Wednesday, but we did get a bit of a bounce. However, that bounce was somewhat short-lived as fears arise over tensions from the Korean Peninsula....
NZDJPY has been trending lower on its short-term time frames after recently bouncing off a long-term ceiling. Price is forming a descending trend line and a correction is underway. Applying the Fib retracement tool on the latest...
Short term FTSE 100 ( UKX-FTSE ) Elliott Wave view suggests that Minor wave B ended on 6/30 low 7302.7 and the rally from there is unfolding as a double three Elliott wave structure where wave ((w)) ended at 7515.12 and wave ((x)) pullback...
The US dollar initially fell during the session on Tuesday, dropping down to the 110.25 handle. However, we turned around to find plenty of support and saw an impulsive move to the upside after the Jolts announcement...
