The US dollar rallied against the Canadian dollar during the session on Friday, breaking above the 1.35 handle again. Ultimately, I believe that this market does go higher but it is probably going to be volatile. It...
The GBP/USD pair fell during the day on Friday but found enough support just above the 1.2750 level to continue going higher. The 200-day exponential moving average is in the area, and I believe it’s only a...
The EUR/USD pair had a volatile session as we broke below the bottom of the shooting star from the previous session which of course is a negative sign. However, I see a lot of noise just below...
The Australian dollar had a slightly positive session on Friday as we approach the 200-day exponential moving average. The 0.75 level has been support, and I do see a significant amount of resistance at the 0.76 level...
Short term Elliott Wave view in INDU ( Dow) suggest that instrument is showing 5 swings sequence from 3/03 peak (21018) favoring more downside. From 3/03 peak INDU is following a Double three Elliott wave Structure , where Minor wave W...
The USD/JPY pair rally during the day on Thursday, breaking above the 109 handle. Because of this, I think that the market may try to get to the 110 level, but I still believe that the market...
The USD/CAD pair rallied at the open on Thursday, but found the 1.35 level to be resistive enough to turn the market around. Because of this, I think that the market is going to look for buyers...
The GBP/USD pair rallied on Thursday, as we continue to consolidate above the 1.2750 level. I think that it’s only a matter of time before rally, and the market should then go towards the 1.3450 level longer...
The EUR/USD pair broke higher during the session on Thursday, breaking above the 1.0750 level. Because of this, the market looks as if it is ready to continue going higher, perhaps reaching towards the higher part of...
The Australian dollar rallied during the day on Thursday, using the 0.75 level as a springboard. It looks as if the market is going to try to go back towards the 0.76 handle, but at the first...
