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...
Hello fellow traders. In this technical blog we’re going to take a quick look at the past Elliott Wave chart of SPX published in members area. In further text we’re going to explain the Elliott Wave count...
Microsoft stock (NASDAQ: MSFT) is showing 3 swings from all time lows and approaching the equal legs area ( 75 – 96 ) where a correction can be seen, but the move from 2009 low could still extend...
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...
The USD/JPY pair broke out to the upside during the session on Tuesday, slicing through 110 like it wasn’t even there. That is a very bullish sign, and I believe that we could continue to see some...
The US dollar rallied significantly during the Tuesday session against the Canadian dollar, as we continue to see bearish pressure on the oil markets. Because of this, I believe that the market is going to continue the...
