USD/CAD Forecast March 29, 2016, Technical Analysis
The USD/CAD pair fell during the course of the day on Monday, as we continue to see quite a bit of volatility. There has been a strong downtrend for some time, and with that being the case...
Month: March 2016
GBP/USD Forecast March 29, 2016, Technical Analysis
The GBP/USD pair broke higher during the course of the session on Monday, as we continue to bounce around in the overall consolidation area. We have massive support near the 1.40 level, and massive resistance near the...
EUR/USD Forecast March 29, 2016, Technical Analysis
The EUR/USD pair rose during the course of the day on Monday, as we see quite a bit of support at the 1.1150 level. This is a market that should continue to grind higher, and as a...
AUD/USD Forecast March 29, 2016, Technical Analysis
The AUD/USD pair broke higher during the course of the session on Monday, but pullback a little bit. However, we believe that ultimately this market will go higher as the gold markets look like they are trying...
(Interview) Don’t Be Fooled: News Does NOT Drive the Markets
By Elliott Wave International Mark Galasiewski, the editor of our monthly Asian-Pacific Financial Forecast, explains how using the news to predict the markets is “meaningless.” Learn the Why, What and How of Elliott Wave Analysis Financial media...
This is London Falling
By Elliott Wave International Editor’s note: The following article is adapted from the State of the Global Markets Report–2016 Edition, one of the most anticipated annual reports for technically minded investors and analysts around the world. For...
USDCAD Weekly Analysis – March 27, 2016
USDCAD remains in downtrend from 1.4689, the bounce from 1.2923 is likely consolidation of the downtrend. Resistance is at 1.3450, as long as this level holds, the downtrend could be expected to continue, and next target would...
USDJPY Weekly Analysis – March 27, 2016
USDJPY continued its sideways movement in a range between 110.66 and 114.87. As long as 114.87 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 123.75, another fall towards...
AUDUSD Weekly Analysis – March 27, 2016
AUDUSD remains in uptrend from 0.6826, the fall from 0.7680 is likely consolidation of the uptrend. Support is located at the bottom of the price channel on daily chart. As long as the channel support holds, the...
GBPUSD Weekly Analysis – March 27, 2016
GBPUSD moved sideways in a range between 1.3835 and 1.4668. As long as 1.4668 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 1.5929 (Jun 18, 2015 high), and...