Last week , GBP USD ended the cycle from 02/02/2017 peak which unfolded as a double three Elliott wave structure with a FLAT in the Y leg. Pair slightly exceeded 123.6 Fibonacci extension (1.2145) of the first 3...
AUDUSD has been trending lower on its 1-hour time frame, moving below a descending trend line connecting the latest highs of price action. Price is currently pulling back to this trend line, which lines up with the...
USD/JPY daily chart, March 13, 2017 The USD/JPY pair rally during the day on Friday, breaking above the 115 handle. We are starting to run into a bit of resistance, but I think the pair is about...
USD/CAD daily chart, March 13, 2017 The USD/CAD pair fell initially during the day on Friday, but you can see found plenty of support just above the 1.34 level, sending the market back towards the 1.35 handle....
GBP/USD daily chart, March 13, 2017 The GBP/USD pair went back and forth during the day on Friday as we continue to look for support near the 1.21 handle. I think that I rally at this point...
EUR/USD daily chart, March 13, 2017 The EUR/USD pair broke higher during the day on Friday, slicing through the 50-day exponential moving average. This is a very bullish candle, and I believe that the upward momentum will...
AUD/USD daily chart, March 13, 2017 The AUD/USD pair rallied on Friday, showing signs of life at the 0.75 handle. This might be the beginning of the continuation of the longer-term uptrend, but we need to see...
USD/JPY daily chart, March 10, 2017 The USD/JPY pair broke higher during the day, slamming into the 115 handle. This is an area that I think it leads the market much higher if we can break above...
USD/CAD daily chart, March 10, 2017 The USD/CAD pair broke higher during the day on Thursday, clearing the 1.35 handle. Now that we have broken above there, it’s likely that the market will continue to go higher...
GBP/USD daily chart, March 10, 2017 The GBP/USD pair initially tried to rally during the day on Thursday but turned around to form a negative candle again. The US dollar continues to be very strong against most...
