AUD/USD Forecast December 24, 2015, Technical Analysis
The AUD/USD pair continued to go back and forth during the course of the day on Wednesday, as the 0.72 level continues to be a bit of a magnet for price. When you look at this chart,...
Month: December 2015
USD/JPY Forecast December 23, 2015 Technical Analysis
The USD/JPY pair fell a bit during the course of the session on Tuesday, testing the 120.50 level. Ultimately, this market looks as if it has a time of support just below, so having said that we...
USD/CAD Forecast December 23, 2015, Technical Analysis
The USD/CAD pair went back and forth during the course of the session on Tuesday, as we continue to meander just below the 1.40 level. We believe that a break above this level is a significant move...
GBP/USD Forecast December 23, 2015, Technical Analysis
The GBP/USD pair fell during the course of the session on Tuesday, breaking down to a fresh, new low. As we approach the 1.48 level, there might be a little bit of psychological support, but ultimately this...
EUR/USD Forecast December 23, 2015, Technical Analysis
The EUR/USD pair broke higher during the course of the session on Tuesday, as we continue to grind a bit higher. This is a market that’s been consolidating though, and we believe it is essentially stuck between...
AUD/USD Forecast December 23, 2015, Technical Analysis
The AUD/USD pair initially tried to rally during the course of the session on Tuesday, but turned back around to form a bit of a shooting star. Because of this, we feel that the Australian dollar should...
GPS vs. Road Map: Which Works Best? (Part 2)
By Elliott Wave International (Continued; here is part one of this article, if you missed it.) Think of Trading and Investing as a Trip Here’s my advice: View the Elliott Wave Principle as your road map to...
USD/JPY Forecast December 22, 2015, Technical Analysis
The USD/JPY pair went back and forth during the course of the day on Monday, hovering around the 121 handle. While the candle does look a bit negative, the reality is that there is a significant amount...
USD/CAD Forecast December 22, 2015, Technical Analysis
The USD/CAD pair went back and forth during the day on Monday, touching the 1.40 level again. However, that area continues to elude the bullish traders out there, so having said that it looks as if we...
GBP/USD Forecast December 22, 2015, Technical Analysis
The GBP/USD pair tried to rally initially during the day on Monday, but struggled at the 1.49 level as we turned around and form a fairly bearish looking candle. Ultimately, we believe that every time this market...