The EUR/USD pair fell slightly during the course of the session on Monday, as we simply meandered below the 1.10 level. With this, the market looks like its essentially grinding lower, but there isn’t too much to...
During the session today, we will be hearing from the Reserve Bank of Australia. They are expected to do very little as far as the rates are concerned, but the statement will of course be important. Any...
By Elliott Wave International Remember how during the time of the Greek bailout a couple of weeks ago, the euro didn’t seem to “know” which way to go next? There is a reason for that, says The...
By Elliott Wave International You’ve heard it all before: If you want to trade using Elliott wave analysis, to succeed you first need to understand its rules and guidelines. You need a clearly defined trading strategy (what?...
EURUSD is currently testing the descending triangle resistance and might be due for a move back to the support at the 1.0850 minor psychological level. Stochastic is pointing down, indicating that sellers are in control, while RSI...
The USD/JPY pair went back and forth during the session on Friday, showing significant volatility. However, we still believe that this market goes higher over the longer term, so pullbacks will be buying opportunities in this market....
The USD/CAD pair initially fell during the course of the session on Friday, but broken well above the 1.30 level in order to continue going higher. In fact, it looks like if we can get above the...
The GBP/USD pair went back and forth during the course of the session on Friday, and as a result we should continue to have plenty of volatility. That being the case, the market looks as if the...
The EUR/USD pair rallied pretty significantly during the session on Friday, but as you can see the 1.11 level offered enough resistance to turn this market back around and send it below the 1.10 level. With that,...
The AUD/USD pair went back and forth during the course of the session on Friday, at one point in time breaking down to a fresh, new low. With that, if we break down below the bottom of...
