The AUD/USD pair fell during the beginning part of the session on Thursday, but turned around and formed a hammer. This hammer, although it looks to be supportive, appears to us to be more consolidation than anything...
By Elliott Wave International If Inspector Gadget or Maxwell Smart had lived in the digital age, their bosses would have used the smartphone app Snapchat to deliver their secret missions. Snapchat is a popular app with about...
The RBNZ decided to keep interest rates unchanged at 2.50%, much to the disappointment of Kiwi bulls expecting to see policy tightening. The pair sold off after the event but might be due to find support at...
The USD/JPY pair fell hard during the session on Wednesday, testing the 102 level. The market did find buyers there, so it appears that there are at least enough people that believe in the uptrend to keep...
The USD/CAD pair initially fell during the session on Wednesday, but found enough support below the 1.11 level in order to bounce and form a hammer. This was especially interesting considering that was the FMOC meeting day...
The GBP/USD pair went back and forth during the session on Wednesday, essentially printing a neutral candle. This is the second day in a row we have seen as, but it does suggest that the 1.65 level...
The EUR/USD pair fell during the session on Wednesday in preparation for the FMOC release. However, later on in the day we did in fact bounce enough to form a hammer, which of course is a significant...
The AUD/USD pair tried to break above the 0.8 level during the session on Wednesday, but as you can see the market pushed back down as the Australian dollar continues to struggle. This would’ve been exacerbated by...
USDCAD stays above a upward trend line on 4-hour chart, and remains in uptrend from 1.0588. As long as the trend line support holds, the uptrend from 1.0588 could be expected to continue, and next target would...
USDCHF is in consolidation of the downtrend from 0.9156. One more fall to 0.8850 area to complete the consolidation would likely be seen. Resistance is at 0.9030, only break above this level could signal completion of the...
