The USD/CAD pair has been very volatile during the Tuesday session, as we rallied towards the 1.25 handle. That’s an area that of course attract a lot of attention, because of the large, round, psychological aspect of...
The British pound had a volatile session during the day on Tuesday, as we reached towards the 1.3250 level, but then pulled back. It looks as if the 1.32 level is offering a significant amount of support...
The EUR/USD pair slowly drifted a bit lower during the day on Tuesday, but we are above the uptrend line on the hourly chart that has been supportive for several sessions. The 1.18 level underneath should be...
The Australian dollar initially shot much higher during the day on Tuesday, but turned around at the 0.8050 region to fall below the 0.80 level again. This is an area that is important on charts going back...
USDCAD failed in its last two attempts to break below the 1.2400 area, creating a double bottom formation on its 1-hour time frame. Price has yet to break past the neckline at 1.2575 before confirming the potential...
Hello fellow traders. In this technical blog we’re going to take a quick look at the past Elliott Wave chart of OIL ( CL_F ) published in members area. In further text we’re going to explain the...
SPX500 move up from 3/27 (2322) low is proposed to be unfolding as a double three Elliott wave structure when rally to 6/19 (2453) completed wave W and dip to 6/29 (2405.74) completed wave X. Up from there, Index rallied...
The following chart shows NASDAQ composite index. The index has a tremendous rally since the lows around 1975 which is pretty close to the zero level. The index has reached the bottom of the blue box at 6219...
Short term DAX Elliott Wave view suggests the decline from 5/15 high is unfolding as a double three Elliott wave structure. Down from 5/15 peak, Primary wave ((W)) ended at 12303 as a Flat and Primary wave ((X)) bounce ended at 12672....
The US dollar initially tried to rally against the Japanese yen on Monday, but then rolled over at the 110.75 level. We reach back towards the 110.50 level where we started to see a bit of support,...
