The USD/JPY pair fell initially during the session on Tuesday, as traders came back from the Easter holiday. Nonetheless, there was plenty of buying pressure underneath, and as a result the market bounced enough to form a...
The USD/CAD pair did very little during the session on Tuesday, but did prove the 1.10 level to be supportive again. Because of that, we feel that this market should continue to grind higher but we recognize...
The GBP/USD pair rose during the session on Tuesday, but could not breakout to fresh new highs. However, the 1.6850 level looks like its being challenged rather significantly, so we feel it’s only a matter of time....
The EUR/USD pair tried to rally during the session on Tuesday, but fell from the 1.3835 level to form a shooting star. This suggests that the market is going to continue falling from here, and that a...
The AUD/USD pair rose during the session on Tuesday, breaking the top of the hammer that had formed on Monday. That signifies that we are going higher in our opinion, and as a result we started buying...
By Elliott Wave International The financial forecasts around the end of 2013 brimmed with optimism. Here are just a few examples: Many scoff at notion stock bubble exists — Associated Press, Nov. 19, 2013 Economy Entering New...
USD/JPY is moving inside an ascending trend channel on its 4-hour time frame, indicating that further gains could be in the cards for the pair. Take note though that stochastic already reached the overbought zone and may...
The USD/JPY pair went back and forth during the session on Monday, as traders came back from the holiday weekend. However, much of Europe was still away from its desk, and as a result the liquidity would...
The USD/CAD pair did nothing during the session on Monday, as we continue to meander around the 1.10 level. Isn’t this area that we think that a strong battle between the buyers and sellers is occurring, with...
The GBP/USD pair tried to rally during the session on Monday, but as you can see giveback most of the gains. At the end of the day, we had form a shooting star, which of course is...
