The EUR/USD pair went sideways initially on Friday, and then had a very volatile session as the jobs number in America came out much longer than anticipated. However, towards the end of the session it looks as...
The Australian dollar initially slid a bit at the open on Friday, but then bounced significantly towards the 0.76 handle. This is a market that continues to be very volatile, and of course choppy. Gold markets have...
Short term USDX (USD Index) Elliott Wave view suggests the rally to 97.88 high on 6/20 ended Intermediate wave (X). Decline from there is unfolding as an impulse Elliott Wave structure with extension and ended at 95.47 low on 6/29. This 5 wave move...
The United States dollar initially dipped on Thursday but found enough support at the 113 level to turn around and bounce towards the 113.50 level above. However, that area was resistive, and we pulled back towards the...
The US dollar initially tried to rally against the Canadian dollar again on Thursday, but found the 1.30 level to be a bit too strenuous to overcome. Because of this, we drove down to the 1.2930 level,...
The British pound had a volatile session during the day on Thursday, as we continue to go sideways, but then turned around near the 1.2980 level to test the 1.2930 level again. The market also has massive...
The EUR/USD pair initially dropped a bit on Thursday, but then shot towards the 1.14 level above. The area above there should be massively resistive, extending all the way to the 1.1450 level. Beyond that, the 1.15...
The Australian dollar went sideways and a very choppy session on Thursday, finding resistance just above the 0.76 handle. The market then broke down to the 0.7575 handle, and it looks as if it is likely to...
GBPJPY has been moving back and forth between support around the 138.50 and the range resistance at 147.50-148.00 visible on the daily time frame. Price is currently testing the resistance and could be due for a drop...
Bank of Canada will have a meeting on July 12 to decide the interest rate. USDCAD has declined due to recent comments made by top Bank of Canada officials which seem to suggest that interest rates could be...
