Short Term Elliott Wave view in ES_F E-Mini S&P500 suggests the rally to 2403.75 ended Minor wave A. Minor wave B unfolded as an Expanded Flat Elliott Wave structure where Minute wave ((a)) ended at 2379, Minute wave ((b)) ended at 2404.5,...
GBPAUD failed in its last two attempts to break below support around 1.7275, creating a double bottom pattern with the neckline at 1.7415. Price has yet to break past the neckline before confirming this reversal formation but...
The USD/JPY pair spent most of the day grinding higher, as Thursday was relatively bullish. We bounced off of the 111.50 level, an area that is offering support, but I also see a significant amount of resistance...
The US dollar fell initially during the session on Thursday against the Canadian dollar, but the OPEC announcement came out today that the production cuts have been extended by 9 months. While this is something that the...
The British pound had a volatile session on Thursday, as we reached above the 1.30 level during the day, and then fell significantly. We continue to see support based upon the uptrend line, so it’s not a...
The EUR/USD pair tried to rally during the day on Thursday, but then pulled back to reach the 1.12 level for support. That’s an area that has a certain amount of psychological importance, and it looks as...
The Australian dollar had a very volatile session on Thursday, initially breaking above the 0.75 handle, then dropping much lower. The last couple of days have been interesting, as it looks like we are running out of...
Short Term Elliott Wave view in ES_F Index suggests the rally to 2403.75 ended Minor wave A. Minor wave B unfolded as an Expanded Flat Elliott Wave structure where Minute wave ((a)) ended at 2379, Minute wave ((b))...
EURAUD is still moving safely inside its short-term ascending channel and has recently pulled back to support again. Applying the Fib tool on the latest swing low and high shows that the channel bottom lines up with...
Randgold Resources (NASDAQ: GOLD) was founded 22 years ago in 1995, it’s a gold mining business operating in Africa mainly in Mali. The price of Gold & Silver dropped significantly early this month which put a lot of pressure...
