The EUR/USD pair broke higher after initially pulling back on Wednesday, as it looks like we are ready to head towards the top of the consolidation area. That should have the market heading back to the 1.1450...
The AUD/USD pair went back and forth during the course of the session on Wednesday, showing a bit of indecision. At that point, it looks as if we still have plenty of support below, and as a...
EURCAD recently formed an inverse head and shoulders pattern on its daily time frame, indicating that the pair is already exhausted from its dive. Price just broke past the neckline resistance around the 1.3800 major psychological level...
EURUSD recently pulled up from its sharp dive below the 1.1150 minor psychological level onto the 1.0800 area, creating a corrective wave on its 4-hour forex chart. The Fibonacci retracement tool shows that the 50% level lines...
By Elliott Wave International Elliott Wave International’s Jeffrey Kennedy talks about how he spots trade opportunities and how he decides when it’s time to enter a trade. Learn how the rules and guidelines of the Wave Principle...
The USD/JPY pair initially fell during the day on Monday, but turned back around to test the 125 level. Although we did not close above there, the market did close enough to make us believe that we...
The USD/CAD pair rose during the session on Monday, breaking above the 1.25 level. However, this is an area that continues offer a bit of resistance though, so really this point in time even though it looks...
The GBP/USD pair fell during the day on Monday, dipping below the 1.52 level at one point. This market looks like it is heading towards the 1.51 level below, so we are still bearish as we are...
The EUR/USD pair had a very volatile session on Monday, ultimately showing a bit of bullishness towards the end of the day. Because of this, we still believe that the market breaks above the 1.10 level, that...
The AUD/USD pair initially tried to rally during the session on Monday, but turned back around to test the 0.76 level. Ultimately, if we can break down below there, the market will then look for the 0.75...
