The Australian dollar had a choppy back and forth type of situation form on Monday, as we gapped lower, then bounced to find resistance at the 0.7450 level. After that, we fell down to the 0.7425 level,...
EURGBP has been trending lower on the daily time frame and is currently testing the resistance of its descending channel. If this keeps gains in check, price could head back down to support at the .8300 major...
In this technical blog we’re going to take a look at the past Elliott Wave charts of $ES_F (S&P 500) and explain Elliott Wave Flat structure. As our members know, we were pointing out that $ES_F (S&P 500) is...
Short Term Elliott Wave view in $ES_F E-Mini S&P suggests that the rally from 5.18.2017 (2344.5) low is unfolding as a 5 waves Elliott Wave impulse structure where Minutte wave (i) ended at 2375, Minutte wave (ii)...
USDCAD has pulled back from its rally to the 1.3785 area to test the Fibonacci retracement levels visible on its daily chart. This lines up with a former resistance level at the 1.3400 area that might now...
The USD/JPY pair fell significantly during the course of the session on Friday, dropping all the way down to the 110.80 level. We bounced off of their to form a rather bullish move, but ultimately I think...
The USD/CAD pair had a volatile session as we fell during Friday’s trading. However, there is a certain amount of choppiness in this pair as it is highly influenced by crude oil markets, which of course have...
The British pound fell apart during the session on Friday, as election polls are starting to throw down into what the election results will be. This being the case, there are a lot of questions as to...
The EUR/USD pair had a negative session on Friday after initially tried to rally. This is a market that will continue to be very volatile, as we have the Federal Reserve raising interest rates on one side...
The AUD/USD pair fell during the day on Friday, but then bounced significant only to turn around yet again. The Australian dollar has been struggling for some time, and it makes sense that we will continue to...
