The USD/JPY pair has been volatile during the last 24 hours, as we continue to dance around the 110 level. I think looking at the longer-term charts, it’s likely that the buyers are coming in to pick...
The USD/CAD pair fell during the session on Thursday, testing the 1.26 level underneath for support. A bounce from there should send the market higher, and so far we are seeing that happen. The market could then...
The GBP/USD pair initially tried to rally during the trading session on Thursday, but then found enough resistance to retest the 1.2850 level for support again. We have bounce from there, but found sellers above yet again....
The EUR/USD pair has fallen significantly during the trading session on Thursday, but as the Americans came back we bounced above the 1.17 level again. I think the given enough time, the buyers will probably return because...
The Australian dollar initially tried to rally during the day on Thursday, but turned around to form a pretty negative move. However, if we can stay above the 0.79 level, it’s likely that we will eventually find...
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...
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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...
