The GBP/USD pair rallied during the day on Tuesday, breaking above the 1.2750 level. The Prime Minister of England suggested that a snap election is going to be held, and that could speed along the process of...
The EUR/USD pair rally during the day on Tuesday, reaching towards the 1.07 level. It now looks as if we can break above the top of the daily range, the market should then reach towards the 1.0750...
The AUD/USD pair fell during the trading session on Tuesday, touching the 200-day exponential moving average. I still think there’s a significant amount of support below at the 0.75 level, so a supportive candle could be a...
KBW Bank Index is an economic index consisting of the stocks of 24 banking companies delivering a direct exposure to the banking sector and offering a targeted view to a unique corner of the U.S. financial sector. The...
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 fell during the day on Monday, as we continue to see bearish pressure. We did test the 61.8% Fibonacci retracement area though, and it would not surprise me to see a little bit of...
The USD/CAD pair fell during the day on Monday, as we go looking for the 1.3150 level underneath. That’s an area that has been supportive recently, so a break below the bottom of the Friday session would...
The British pound rallied during the day on Monday, breaking above the 1.25 handle, and testing the 1.26 handle. It looks as if the British pound is trying to break out to the upside, and because of...
The EUR/USD pair rally during the day on Monday and relatively thin conditions as Europeans would’ve been celebrating Easter Monday. Because of this, I think that we will have to pay attention to the possibility of resistance...
The AUD/USD pair rallied during the Monday session, testing the 0.76 level. If we can break above the top of the range for the day, the market will more than likely go looking for the 0.7750 level...
