Short term Elliott Wave view in USDJPY suggests that rally to 115.48 on 3/10 ended Intermediate wave (X). Decline from there is unfolding as a zigzag Elliott wave structure in which the first leg Minor wave A is subdivided...
GBPUSD has been moving back and forth between support at the 1.2100 major psychological level and resistance at 1.2700. Price just bounced off the floor recently and seems to be setting its sights on the top of...
USD/JPY daily chart, March 22, 2017 The USD/JPY pair initially tried to rally on Tuesday but found enough resistance above the 112.50 level to turn things around and form a negative candle. By doing so, looks as...
USD/CAD daily chart, March 22, 2017 The USD/CAD pair fell during the day on Tuesday, breaking towards the 1.3250 level. However, the Crude Oil Inventories announcement coming out today of course will cause quite a bit of...
GBP/USD daily chart, March 22, 2017 The GBP/USD pair initially fell during the day on Tuesday, but shot straight up in the air as we reach towards the 1.25 handle. That’s an area that has a lot...
EUR/USD daily chart, March 22, 2017 The EUR/USD pair broke higher during the day on Tuesday, clearing quite a bit of resistance. If we can break above the top of the range for the session on Tuesday,...
AUD/USD daily chart, March 22, 2017 The AUD/USD pair initially fell on Tuesday, but turned around to rally and form a hammer. If we can break above the 0.7750 level, that would be a very strong sign...
USD/JPY daily chart, March 21, 2017 The USD/JPY pair did almost nothing during the day on Monday, as we should see quite a bit of support just below. I believe that the 112 level will be very...
USD/CAD daily chart, March 21, 2017 The USD/CAD pair fell slightly during the day on Monday, testing the 1.33 level IV support. We turn around and form of supportive looking candle, reaching towards the 1.3350 handle. I...
GBP/USD daily chart, March 21, 2017 The British pound initially try to rally during the day on Monday but found the area above the 1.24 level to be a bit too exhaustive to continue. By doing so,...
