The EUR/USD pair ground a little bit higher during the session on Friday, but then eventually broke out with more momentum, slicing through the 1.1450 level. The market now looks as if it’s turning this attention to...
The Australian dollar went higher in slow-motion during the day initially, but then exploded to the upside as the inflationary numbers of the United States were weaker than anticipated. Because of this, the Australian dollar broke above...
Short term NIFTY Elliott Wave view suggests the rally to 9709.3 ended Intermediate wave (1), and the pullback to 9449.06 low ended Intermediate wave (2). Rally from there could be unfolding as an Elliott wave Zigzag structure where Minor wave A...
EURUSD recently broke to the upside of a symmetrical triangle pattern then zoomed up close to the 1.1500 handle before pulling back. Price is retesting the broken triangle resistance which might now hold as support. Applying the...
Short term NIFTY Elliott Wave view suggests the rally to 9709.3 ended Intermediate wave (1), and the pullback to 9449.06 low ended Intermediate wave (2). Intermediate wave (3) is unfolding as an Elliott wave double three structure where Minor wave W...
The USD/JPY pair fell apart during the trading session on Wednesday as Janet Yellen testified in front of Congress. Essentially, she suggested that although the market can expect interest rates hikes, the reality is that it will...
The US dollar plummeted against the Canadian dollar after the Bank of Canada raised interest rates for the first time in 7 years. This and the market slicing through the 1.28 level underneath, and it looks as...
The GBP/USD pair had a volatile session on Wednesday, as Janet Yellen testified in front of Congress. This of course has a lot of effect on the US dollar, which in turn has an effect on this...
The EUR/USD pair went sideways initially during the day on Wednesday, but rolled over to fall down towards the 1.14 level. That’s an area that it obviously could cause some support due to the fact that it...
The Australian dollar had a strong session on Wednesday as Janet Yellen testified in front of Congress that the interest rate hikes coming out of the United States might be a little bit more measured and slower...
