The GBP/USD pair initially fell during the Wednesday session, but turned around to form a massive bullish move. The fact that we did that and broke above the 1.29 level is a very bullish sign. We have...
The EUR/USD pair exploded to the upside during the session on Wednesday, breaking above the 1.12 level finally. Now that we are clear this area, it looks as if the pullbacks could offer value going forward. The...
The Australian dollar initially tried to gain during the session on Wednesday, but found enough resistance at the 0.7475 level to turn things around and rollover towards the 0.7425 handle. That’s an area that has offered a...
NZDJPY has been moving sideways, bouncing off support around the 78.00 major psychological level and resistance at 78.85. Price just got rejected on its test of the resistance and could be setting its sights back on support....
OPEC ended its highly anticipated meeting on Vienna last Thursday to discuss about extending the production cut in Crude Oil. They have decided to extend the current agreement to cut production output by 1.8 million barrels per day by...
AUDNZD since March 13/2017 has been moving lower. There are possible bullish patterns that can push the pair higher but traders need to see AUDNZD price action slow down and show possible signs that it wants to...
Since the correction between the year 2000 and 2009, many traders around the world have developed an idea of bearish World Indexes with more downside to come. With Fed driving Market, everyone is under the idea that Global Indexes...
Short Term GBPJPY Elliott Wave view suggests the decline from 5/10 peak is unfolding as a double three Elliott Wave structure where Minor wave W ended at 143.33 and Minor wave X ended at 145.45. The subdivision...
The USD/JPY pair fell significantly during the day on Tuesday, as we tested the 110.80 level below for support. We rolled over again though, and it looks as if we may try to continue to go little...
The USD/CAD pair rose during the day after initially drifting a little bit lower on Tuesday but found the 1.35 level to be resistive. By running into that resistance, it sets up a very interesting potential trade...
