EUR/USD daily chart, March 14, 2017 The EUR/USD pair initially tried to rally on Monday, but found enough resistance of the 100-day exponential moving average to turn things around and form a shooting star. The shooting star...
AUD/USD daily chart, March 14, 2017 The Australian dollar rallied during the day on Monday, as we continue to see a bit of a rebirth in the uptrend. The 0.75 level has offered a significant support level,...
EURAUD is starting to trend higher these days, moving inside a rising channel connecting the latest highs and lows of price action. Price is moving closer to support and a bounce could take it back up to...
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...
