The Australian dollar had a very bullish session on Wednesday, but found the 0.74 level to be far too resistive. The gold markets of course offer quite a bit of bearish pressure on the Australian dollar as...
Paypal (NASDAQ: PYPL) is a worldwide online payments company founded 18 years ago. It had its first IPO in 2002 , but in this article we will only be looking at the technical picture for PYPL since its second...
Short Term Elliott Wave view in SPX suggests the rally from 3/27 low (2322.2) is unfolding as a leading diagonal Elliott Wave structure where Minute wave ((i)) ended at 2378.36, Minute wave ((ii)) ended at 2328.95, Minute wave ((iii)) ended at 2398.16, and Minute wave...
The USD/JPY pair has been explosive during the day on Tuesday, as we have breached the 114 handle. The market will eventually go towards the 115 level above, which of course was the top of the recent...
The USD/CAD pair initially was very flat on Tuesday, testing the 1.37 level for resistance. The oil markets were relatively quiet, but then turned around to start falling again. On top of that, Canadian Building Permits caused...
GBP/USD daily chart, May 10, 2017 GBP/USD Forecast May 10, 2017, Technical Analysis 11 hours agoByChristopher Lewis Daily GBP/USD Technical Video The British pound initially tried to rally during the day on Tuesday, but found the 1.2950...
After initially gapping higher on Monday, the EUR/USD pair has fallen apart. This was a “buy the rumor, sell the news” type of situation when it came to the French elections, and this pullback has been absolutely...
The AUD/USD pair fell during the day on Tuesday, as the 0.74 level continues to offer resistance. That was an area that had been important to the market until Tuesday, and now that we have broken below...
NZDUSD has formed lower highs and higher lows on its 1-hour chart, creating a symmetrical triangle pattern. Price just bounced off support and could be due for a move back to resistance. The 100 SMA is below...
After touching the descending trend line on daily chart from 1375.11 (2016 high) to 1337.28, XAUUSD started a bearish movement from 1295.44. Now the fall extended to as low as 1214.19, facing the support of the rising...
