USD/CAD Forecast March 15, 2016, Technical Analysis
The USD/CAD pair rose during the course of the session on Monday, as it looks like we are trying to find a bit of a bounce. With this, we will have to pay attention to the oil...
Month: March 2016
GBP/USD Forecast March 15, 2016, Technical Analysis
The GBP/USD pair fell slightly during the course of the session on Monday, as it looks like we have finally ran into enough resistance to turn the market back around. Ultimately, we believe that this market will...
EUR/USD Forecast March 15, 2016, Technical Analysis
The EUR/USD pair fell during the course of the day on Monday, but we are approaching a bit of support at the 1.1050 level, so at this point in time we will more than likely find a...
AUD/USD Forecast March 15, 2016, Technical Analysis
The AUD/USD pair broke down a bit during the course of the session on Monday, testing the 0.75 level. However, there is a significant amount of support just below, reaching down to the 0.74 handle. With this,...
AUDUSD Trend Pullback (Mar 15, 2016)
AUDUSD has been trending higher, thanks to the pickup in risk appetite. Price stalled upon hitting resistance near .7600 and is showing signs of a pullback, possibly to the rising trend line visible on the 4-hour chart. ...
EURGBP Reversal Pattern (Mar 14, 2016)
EURGBP might be in for a reversal from its previous uptrend, as a head and shoulders pattern can be seen on its 4-hour chart. Price has yet to test the neckline support at the .7700 handle and...
(Interview) Trading with Elliott Waves Doesn’t Have to Be Complicated
By Elliott Wave International Jeffrey Kennedy, a recognized expert in Elliott wave analysis and forecasting, explains why the Wave Principle is such a reliable and powerful way to forecast the financial markets. Jeffrey stresses that if you...
Announcing Trader Education Week — a Free Event to Help You Learn to Spot Trading Opportunities
You have an opportunity to spend the next week learning how you can spot high-confidence trade setups in the charts you follow every day. Elliott Wave International (EWI) is hosting a free Trader Education Week, March 10-16....
USDCAD Weekly Analysis – March 13, 2016
USDCAD’s downward movement from 1.4689 extended to as low as low as 1.3167. Further decline could be expected after a minor consolidation, and next target would be at 1.3000 area. Resistance is at 1.3500, only break above...
USDJPY Weekly Analysis – March 13, 2016
USDJPY continued its sideways movement in a range between 110.97 and 114.87. As long as 116.00 resistance holds, the price action in the trading range could be treated as consolidation of the downtrend from 123.75, further decline...