USD/CAD Forecast May 11, 2017, Technical Analysis
The US dollar had a very eventful day against the Canadian dollar. This of course had a lot to do with what was going on in the crude oil markets, as WTI shot much higher. The market...
Category: Daily Forex Reports
GBP/USD Forecast May 11, 2017, Technical Analysis
The GBP/USD pair had a very volatile session on Wednesday, reaching the highs just below the 1.30 level again. We turned around to fall significantly, and test the 1.2925 region. This is a market that continues to...
EUR/USD Forecast May 11, 2017, Technical Analysis
The EUR/USD pair initially tried to rally during the Wednesday session, but found the 1.09 level to be a bit resistive. There is still a gap on the longer-term charts just below, so I think a fresh,...
AUD/USD Forecast May 11, 2017, Technical Analysis
The Australian dollar had a very bullish session on Wednesday, but found the 0.74 level to be far too resistive. The gold markets of course offer quite a bit of bearish pressure on the Australian dollar as...
Paypal Elliott Wave Technical Structure
Paypal (NASDAQ: PYPL) is a worldwide online payments company founded 18 years ago. It had its first IPO in 2002 , but in this article we will only be looking at the technical picture for PYPL since its second...
SPX Elliott Wave View: Mature Cycle
Short Term Elliott Wave view in SPX suggests the rally from 3/27 low (2322.2) is unfolding as a leading diagonal Elliott Wave structure where Minute wave ((i)) ended at 2378.36, Minute wave ((ii)) ended at 2328.95, Minute wave ((iii)) ended at 2398.16, and Minute wave...
USD/JPY Forecast May 10, 2017, Technical Analysis
The USD/JPY pair has been explosive during the day on Tuesday, as we have breached the 114 handle. The market will eventually go towards the 115 level above, which of course was the top of the recent...
USD/CAD Forecast May 10, 2017, Technical Analysis
The USD/CAD pair initially was very flat on Tuesday, testing the 1.37 level for resistance. The oil markets were relatively quiet, but then turned around to start falling again. On top of that, Canadian Building Permits caused...
GBP/USD Forecast May 10, 2017, Technical Analysis
GBP/USD daily chart, May 10, 2017 GBP/USD Forecast May 10, 2017, Technical Analysis 11 hours agoByChristopher Lewis Daily GBP/USD Technical Video The British pound initially tried to rally during the day on Tuesday, but found the 1.2950...
EUR/USD Forecast May 10, 2017, Technical Analysis
After initially gapping higher on Monday, the EUR/USD pair has fallen apart. This was a “buy the rumor, sell the news” type of situation when it came to the French elections, and this pullback has been absolutely...