The EUR/USD pair fell hard during the session on Friday, smashing through the 1.3550 support area. However, we think this area has support all the way down to the major handle in 1.35, so we are not...
The AUD/USD pair fell hard during the session on Friday, clearing the 0.88 handle with the ease. Because of this, the market looks like it’s going to serve falling apart again, and therefore we feel that this...
AUD/JPY is on its way towards the bottom of the falling channel on the 4-hour time frame. A bounce might be in the cards since stochastic is indicating deeply oversold conditions. The pair could find support at...
The USD/JPY pair tried to rally during the session on Thursday, but found the 105 level before too resistive. Because of this, we pullback informed a shooting star, which of course is one of the more bearish...
The USD/CAD pair fell during the bulk of the session on Thursday, but as you can see got enough pressure to the upside of the 1.09 level in order to form a hammer. The fact that we...
The GBP/USD pair fell during the session on Thursday, but found enough support to form a hammer. This hammer suggests that the market is in fact going to find significant support here, and stay within the previous...
The EUR/USD pair try to rally on Thursday, but pulled back slightly in order to form a little bit of a shooting star. However, the 1.3550 level below is massively supportive, so we don’t necessarily read too...
The AUD/USD pair fell hard during the session on Thursday, and at one point in time actually broke below the 0.88 level. However, towards the end of the day we saw enough support in this market to...
By Elliott Wave International On December 23, the U.S. Federal Reserve celebrated its 100th birthday. When legislation creating its existence was signed on December 23, 1913 (in a sneaky move during a holiday week), Congress granted the...
USDCAD stays within a upward price channel on 4-hour chart, and remains in uptrend from 1.0588, the fall from 1.0991 could be treated as consolidation of the uptrend. As long as the channel support holds, the uptrend...
