The USD/JPY pair fell significantly during the day on Friday after the less than expected jobs number out of America. However, we found enough support at the 50% Fibonacci retracement level again to turn around and form...
The USD/CAD pair initially fell on Friday but found enough support to turn the market completely around and form a massive hammer. This hammer suggests that we are going to go higher, perhaps reaching towards the 1.35...
The GBP/USD pair fell significantly during the session on Friday, as we have broken below the 1.24 handle. Closing at the bottom of the range is very bearish and it now looks as if we are going...
The EUR/USD pair initially tried to rally during the day on Friday, but then broke down below the 1.06 handle during the day. This is a very negative sign, and I believe that we will eventually reach...
The Australian dollar fell hard during the session on Friday, crashing into the 0.75 handle. That’s an area that has a certain amount of psychological significance to it, so it makes sense that we could get a...
NG #F (Natural Gas) has been rallying since forming a low on 2/22 (2.523). Rally is unfolding as a WXY or double three Elliott Wave Structure where wave W completed at 3.089 and wave X completed at 2.882....
DFMGI tracks Dubai Financial Market which is the largest financial trading exchange in the United Arab Emirates. Dubai has emerged as a global city and business hub of the Middle East , it’s contently growing bigger and becoming...
Short term Elliott Wave view in EURJPY suggests that cycle from 3/12 peak (122.89) is unfolding as a double three Elliott wave structure where Minor wave W ended at 119.28 and Minor wave X ended at 120.45. Minor wave...
The USD/JPY pair initially fell during the trading session on Thursday but found enough support to turn around and form a hammer. It looks as if the 110 level is going to continue to offer support, while...
The US dollar initially tried to rally against the Canadian dollar on Thursday but with the oil markets rallying, that gave a bit of a boost to the Canadian dollar and we turned right back around and...
