The USD/JPY pair fell initially during the course of the day on Thursday, but found enough support just below the 124 level to turn things back around and form a hammer. Is because of this that we...
The USD/CAD pair went back and forth during the course of the session on Thursday, as we continue to consolidate between the 1.24 level on the bottom, and the 1.25 level on the time. With that being...
The GBP/USD pair initially rallied during the session on Thursday, but then turned back around to form a bit of a shooting star. However, we believe that a lot of the selling pressure probably was due to...
The EUR/USD pair initially broke higher during the course of the day on Thursday, but found enough resistance at the 1.14 level to turn things back around and form a shooting star. The shooting star is of...
We AUD/USD pair fell slightly during the session on Thursday, but still hasn’t completely wiped out the gains from Tuesday. With that being the case, we feel that there is significant support just below, near the 0.76...
GBPUSD has been trading in a downtrend recently, creating a descending trend line on its 4-hour forex chart. The pair is testing the falling resistance area at the moment, as it lines up with the longer-term exponential...
By Elliott Wave International In this informative new interview, Elliott Wave International’s Asian-Pacific Financial Forecast editor, Mark Galasiewski, tells you about three new investment opportunities in the region. Enjoy Mark’s insights! Market Outlook: CHINA EWI Asian-Pacific markets...
The USD/JPY pair bounced during the course of the session on Wednesday, as we continue to meander between the 124 level on the bottom, and the 125 level on the top. Because of this, we believe that...
The USD/CAD pair initially rallied during the session on Wednesday, but found enough resistance above the 1.25 level to turn things back around and form a choppy but positive candle. That being the case, the market looks...
The GBP/USD pair broke higher after initially falling during the session on Wednesday. Ultimately, we ended up forming a hammer, which of course is a very positive sign. On top of that, it was at the top...
