The USD/JPY pair broke higher during the Friday session, as we clear the 110 level. Not only did we clear that level, but we also broke above the 110.50 level, where we should start to see some...
The US dollar fell precipitously against the Canadian dollar after initially being very stable during the day on Friday. This was in reaction to a much stronger than anticipated employment number coming out of Canada, and this...
The British pound fell apart during the session on Friday as we got word of the British parliamentary election results. The conservative party losing a few seats certainly did nothing to instill confidence in the British economy...
The EUR/USD pair fell initially during the day on Friday, but then bounced above the 1.12 level only to find a significant amount of selling pressure. That being the case, we dropped again and made a fresh...
The Australian dollar gapped lower at the open on Friday, and continued to grind sideways after that. We have filled the gap since then, so I think we can continue to go higher if given the opportunity....
NZDJPY could be in for a long-term climb as it broke past the neckline of its double bottom pattern on the daily time frame. Price was unable to break below the 75.00-75.50 area in its last two...
Revised short term AUDUSD Elliott Wave view suggests the rally from 5/9 low is unfolding as a leading diagonal Elliott Wave structure. Up from 5/9 (0.7325) low, Minute wave ((i)) ended at 0.7517, Minute wave ((ii)) ended at 0.7368, and Minute...
The USD/JPY pair did exactly what I would expect it not to do during the day on Thursday, dropping down and then finding plenty of support. We have broken above the 110 level, and it now looks...
The US dollar fell a bit against the Canadian dollar during the session on Thursday, but found enough support near the 1.3480 level to turn things around and start going higher again. After the impulsive move on...
The British pound fell during most of the session on Thursday, as the election of Parliament took center stage. Currently, it appears that the Conservative party will probably pick up a few seats, and therefore we are...
