The AUD/USD pair broke higher during the course of the session on Thursday, breaking the top of the hammer from the session on Wednesday. With that being the case, the market looks as if it is going...
EURCHF has been slowly treading lower on its short-term time frames, as the lack of progress in the Greek debt talks is starting to weigh on the shared currency. Price is moving inside a descending trend channel...
By Elliott Wave International Editor’s note: This video was excerpted from a new multimedia report, “The New Financial Theory that Could Make the Difference in Your Investing Success,” from Elliott Wave International, the world’s largest financial forecasting...
The USD/JPY pair had a volatile session on Monday as the FOMC meeting minutes were released. This is typical during an interest-rate decision, but quite frankly the market ended up doing nothing. In other words, we don’t...
The USD/CAD pair initially rallied during the course of the session on Wednesday, but then turned back around to fall towards the 1.22 handle. Ultimately, we believe that this market should find support below though, so really...
The GBP/USD pair broke much higher during the course of the session on Wednesday as we finally cleared the 1.58 level. Because of this, we feel that the market has broken out and it’s only a matter...
The EUR/USD pair initially fell during the session on Wednesday, but the FOMC statement of course turn the market back around and we shot straight up towards the 1.14 level. However, there is a significant amount of...
The AUD/USD pair initially fell during the course of the session on Wednesday, finding support near the 0.7650 level. Ultimately, the market looks as if it wants to go higher though, because we ended up forming a...
EURUSD just broke out of its short-term consolidation pattern, signaling that further gains are possible for the pair. Recall that price had traded inside a symmetrical triangle pattern before breaking to the upside past the 1.1300 major...
EURGBP has been moving sideways on its 4-hour time frame, finding support at the .7100 major psychological level and resistance at the .7400 major psychological level. The moving averages are also moving sideways, indicating that price could...
