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...
Short Term Elliott Wave view in ES_F E-Mini S&P500 suggests the rally to 2403.75 ended Minor wave A. Minor wave B unfolded as an Expanded Flat Elliott Wave structure where Minute wave ((a)) ended at 2379, Minute wave ((b)) ended at 2404.5,...
GBPAUD failed in its last two attempts to break below support around 1.7275, creating a double bottom pattern with the neckline at 1.7415. Price has yet to break past the neckline before confirming this reversal formation but...
The USD/JPY pair spent most of the day grinding higher, as Thursday was relatively bullish. We bounced off of the 111.50 level, an area that is offering support, but I also see a significant amount of resistance...
The US dollar fell initially during the session on Thursday against the Canadian dollar, but the OPEC announcement came out today that the production cuts have been extended by 9 months. While this is something that the...
The British pound had a volatile session on Thursday, as we reached above the 1.30 level during the day, and then fell significantly. We continue to see support based upon the uptrend line, so it’s not a...
The EUR/USD pair tried to rally during the day on Thursday, but then pulled back to reach the 1.12 level for support. That’s an area that has a certain amount of psychological importance, and it looks as...
The Australian dollar had a very volatile session on Thursday, initially breaking above the 0.75 handle, then dropping much lower. The last couple of days have been interesting, as it looks like we are running out of...
