The GBP/USD pair bounced during the session on Monday as the 1.2350 level held supportive. However, I think we are basically just bouncing around and overall consolidation, but the impulsive negative candle on Friday leads me to...
The EUR/USD pair fell initially during the day on Monday but turned around to form a supportive candle. The 1.06 level above continues to offer resistance though, so it’s likely that we will continue to see choppiness....
The AUD/USD pair had a choppy session on Monday as we bounced around below the 0.75 handle. This is an area that has a significant amount of support attached to it though, and therefore it’s not surprising...
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...
