Revised Elliott Wave view in NZDUSD suggests the decline from 3/21 high (0.709) is unfolding as a leading diagonal Elliott Wave structure where Minute wave ((i)) ended at 0.6905, Minute wave ((ii)) ended at 0.7053, Minute wave ((iii)) ended at...
USDCAD has been trading inside an ascending channel on its long-term time frames and is currently testing resistance. If this holds, price could make a correction to support and the nearby Fib levels. In particular, the 61.8%...
The USD/JPY pair had a very volatile session during Friday’s trading, as it course was the jobs number. Ultimately, the market looks as if it wants to go higher, and that of course is a good sign...
The USD/CAD pair broke down significantly during the day on Friday after initially tried to rally. The 1.38 level offered far too much in the way of resistance, and that being the case it’s likely that this...
The British pound rallied during the day on Friday, and even broke above the 1.2950 level. It now looks as if we are going to try to reach the 1.30 handle above, as this was a significant...
The EUR/USD pair had a very volatile session during the Friday trading hours, as the jobs number in the United States surprised to the upside. In a sense, we already have this move happen during the Thursday...
The AUD/USD pair rallied after initially falling during the day on Friday. Ultimately, this essentially formed a bit of a hammer and that suggests to me that the market may bounce a bit from here. However, there...
Revised Elliott Wave view in NZDUSD suggests the decline from 3/21 high (0.709) is unfolding as a triple three Elliott Wave structure where Minute wave ((w)) ended at 0.6905, Minute wave ((x)) ended at 0.7053, Minute wave ((y)) ended at 0.6844 and...
The USD/JPY pair had a lot of volatility during the day on Thursday, as we tried to break above the 113 level but could not. By failing to breakout above there it shows that the market is...
The US dollar continues to grind sideways against the Canadian dollar as we have seen over the last couple of days. I believe that the market breaking down in WTI Crude suggests that the market will eventually...
