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 rallied during the day on Wednesday, as we continue to try to build support below. Ultimately, I think if we can break above the highs from the session on Wednesday, the market should then...
The USD/CAD pair broke higher during the day after oil markets tumbled. The 1.35 level should be resistance, but I think we will break above it given enough time. If we can break above there, we will...
The British pound fell slightly during the day on Wednesday after exploding to the upside on Tuesday. The 1.2750 level was a massive resistance barrier, and now that it’s broken, I’m looking for some type of supportive...
The EUR/USD pair pulled back just a bit during the trading session on Wednesday, but still looks bullish and overall the market has been grinding higher sense late December. Nonetheless, I think that it will be volatile...
The AUD/USD pair fell significantly during the day, testing the 0.75 level. There is a significant amount of support just below though, so if we do breakdown it’s going to be a difficult market to sell....
NZDUSD found temporary support and has bounced higher on April 12/2017. At this moment, bias remains bullish and we expect the pair to continue higher in the coming trading sessions. Bulls will be waiting on any pullbacks...
Short term Elliott Wave view in Gold (XAUUSD) suggests that cycle from 4/10 low (1246.92) is unfolded as an impulse Elliott wave structure where Minutte wave ((i)) ended at 1257.2, Minutte wave (ii) ended at 1250.8, Minutte wave (iii) ended at...
The USD/JPY pair initially rallied on Tuesday, but found enough resistance above to turn around and form a negative candle. It looks as if we are going to test the bottom of the hammer from the previous...
The USD/CAD pair broke out to the upside during the day on Tuesday, breaking the top of the hammer from Monday. We look as if we are ready to continue the consolidation, and that means that the...
