The EUR/USD pair rolled over during the day on Monday, breaking towards the 1.1350 level as I record this. The market looks as if it is starting to show bearish pressure in a bit of significance, and...
The Australian dollar broke down during the day on Monday, reaching towards the 0.7650 level. Now that we have not found support underneath, the market looks likely to start picking up to the upside again, perhaps reaching...
EURUSD recently surged past the resistance at the 1.1250-1.1300 psychological levels then climbed close to the 1.1450 minor psychological resistance. Price retreated from here, indicating that a correction from the rally is happening. Applying the Fib tool...
Bitcoin is still considered as the currency of the Dark Web, despite the fact that it was the world’s best performing currency in 2015 & 2016 and currently 1 Bitcoin (BTCUSD) is worth 2 Ounces Of Gold which is significantly...
USDJPY looks ready for more gains as the pair has formed a double bottom on its daily time frame. Price failed in its last two attempts to break past the 108.00 support zone and is on its...
In this article we will take a look at Elliott Wave structure of CHF JPY pair since the low at 4.16.2017. Move up from 4.16.2017 (107.67) to 5.25.2017 (115.16) was in 7 swings and completed wave (W)....
The development of computer technology and the Internet is perhaps the most important progress that shape and characterize the 21st century. The proliferation of computer-based and algorithmic trading breed a new category of traders who trade purely...
The US dollar went sideways against the Japanese yen during the Friday session, as we continue to grind around the 112 level. I believe that if we can break above the top of the range for the...
The US dollar initially fell during the Friday session, but you can see we are trying to fight to the upside. If we can break above the 1.30 level, that would be a bullish sign, and it...
The British pound found some pressure to the downside during the session on Friday, but quite frankly this has been in an explosive moved over the last couple of sessions, so a pullback is healthy. If we...
