By Elliott Wave International Editor’s note: You’ll find the text version of the story below the video. Recall crude oil’s dramatic 2008 price collapse. The high that year was in July at $147.50 a barrel. By December,...
By Elliott Wave International “I always will be an Elliottician, but other technical tools have merit and are indeed worthwhile: they allow me to build a case, build a more confident reason for making a forecast and...
The USD/JPY pair fell hard during the course of the day on Wednesday, slicing back below the 1.5 handle. However, we did get a bit of a bounce near the 123.50 level to show bits of support....
The USD/CAD pair fell hard during the course of the session on Wednesday, but found support at the 1.30 level. With this, we feel that the buyers are coming back into this marketplace and it’s probably time...
The GBP/USD pair broke higher during the course of the day on Wednesday, slamming into the top of the resistance of this consolidation area again. We believe that the 100 day exponential moving average below continues offer...
The EUR/USD pair broke higher during the course of the session in a massive show strength on Wednesday. The 1.12 level was targeted and head, but it offered enough resistance to turn the market back around and...
The AUD/USD pair broke higher during the course of the session on Wednesday, bouncing off of extreme lows near the 0.7250 level. However, we have plenty of resistance above and as a result we feel it’s only...
USDCHF is still trending higher on its 4-hour chart, as the price dropped to the bottom of the rising channel then bounced off support. This could take the pair back up to the top of the range...
The USD/JPY pair broke higher during the course of the session on Tuesday, clearing the 125 handle. Because of this, it appears that the market is going to continue to go higher over the longer term again....
The USD/CAD pair initially fell during the course of the session on Tuesday, testing the 1.30 level for support. That level was massive resistive previously, so it should now be supportive. This was the long-term resistance barrier...
