The US dollar rallied against the Canadian dollar during Tuesday’s trading hours, as the crude oil markets absolutely fell apart. The Canadian dollar of course is very sensitive to what’s going on in the oil market, as...
The British pound went sideways initially during the day on Tuesday, and then fell apart and reached towards the 1.26 level. That being the case, we found support their, as it is a large, round, psychologically significant...
The EUR/USD pair went sideways during the day initially on Tuesday, but broke down towards the 1.11 handle underneath. Having said that, it looks as if we are trying to bounce from here, and a short-term buying...
The Australian dollar tried to rally during the day, and then turned around to sell off rather drastically. Because of this, the 0.7575 level was tested, and I think that is a massive amount of support. A...
Gold-to-Silver Ratio Daily Chart Gold-to-Silver ratio is correcting cycle from 2/29/2016 peak (83.68) in 7 swing. While the bounces fail below 83.68 high, the ratio should resume lower or at least pullback in 3 waves. Down from...
Short term DAX Elliott Wave view suggests the decline to 12491.5 on 5/18 ended Intermediate wave (2). Up from there, the rally is unfolding as a double three Elliott Wave structure. Minute wave ((w)) ended at 12879.5 and Minute wave...
AUDNZD has been trending higher, moving inside an ascending channel visible on its 1-hour time frame. The pair has just bounced off support and could be due for a test of resistance soon. The 100 SMA is...
The USD/JPY pair went sideways initially during the day on Monday but then shot towards the 111.50 handle. By testing that area, we are trying to break through a significant resistance barrier. Once we break above their,...
The USD/CAD pair initially tried to rally on Monday, but found enough resistance near the 1.3250 level to turn around and form a move lower. However, we are starting to see the 1.32 level offer a bit...
The British pound initially trying to rally during the day on Monday but found enough resistance to the 1.28 level to turn around and fall. However, I think that the 1.27 level underneath is going to offer...
