USD/JPY daily chart, March 17, 2017 The USD/JPY pair fell slightly during the day on Thursday as we continue to bounce around the 113 handle. I think if we can break down below here, the market will...
USD/CAD daily chart, March 17, 2017 The US dollar gains lightly against the Canadian dollar after falling precipitously on Wednesday. The 1.33 level offering support, and of course the fact that the oil markets looks so soft...
GBP/USD daily chart, March 17, 2017 The British pound rose against the US dollar as we aim for the 1.24 handle above. That’s an area that should start a significant amount of resistance though, so I’m waiting...
EUR/USD daily chart, March 17, 2017 The EUR/USD pair had a fairly silent and stable day on Thursday as we continue to hover just above the 1.07 level. With a, less than overly hawkish comments coming out...
AUD/USD daily chart, March 17, 2017 The Australian dollar fell a bit during the session on Thursday, after having significant gains on Wednesday. The 0.77 level looks to be rather resistive, and I think that the resistance...
Short term Elliott Wave view in EURJPY suggests that the decline to 118.18 on 2/24 ended Primary wave ((4)). Primary wave ((5)) is currently in progress higher and the rally from Primary wave ((4)) low at 118.18 is unfolding as...
Cable recently bounced off its long-term support at the 1.2100 major psychological mark and seems to be pulling up from its recent selloff. Applying the Fib tool on the latest swing high and low shows that the...
Short term Elliott Wave view in EURJPY suggests that the pair has ended the cycle from 2/24 low (118.18) and the instrument is pulling back to correct that cycle before turning higher again. Primary wave ((5)) is currently in...
EURJPY recently broke out of its descending channel pattern, signaling a reversal from the selloff. Price reached a high of 122.83 before showing signs of a pullback, and applying the Fib tool on the latest swing high...
USD/JPY daily chart, March 15, 2017 The USD/JPY pair initially tried to rally during the session on Tuesday, but found the 115 level far too resistive yet again. If we can break down below the bottom of...
