EUR/USD Forecast April 5, 2016, Technical Analysis
The EUR/USD pair initially fell during Monday, but found a bit of support below to bounce and form a hammer. The hammer of course is a bullish sign, and with this we look at this pair as...
Month: April 2016
AUD/USD Forecast April 5, 2016, Technical Analysis
The AUD/USD pair fell slightly during the day on Monday, but essentially did nothing. Keep in mind that we have an interest rate decision coming out of the Reserve Bank of Australia today, and that of course...
NZDUSD Ascending Channel (Apr 05, 2016)
NZDUSD has slowly been trending higher, moving inside an ascending channel formation on its 4-hour chart. Price just bounced off the channel resistance at the .6950 minor psychological level and is due to test support at .6700-.6750...
GBP/USD Forecast April 4, 2016, Technical Analysis
The GBP/USD pair fell during the course of the day on Friday, as the nonfarm payroll numbers came out. Nonetheless, we are most certainly in a range anyways, with the 1.45 level above being the ceiling while...
USD/JPY Forecast April 4, 2016, Technical Analysis
The USD/JPY pair fell during the course of the session on Friday, breaking below the bottom of the 2 hammers from the previous sessions. Because of this, looks like we are to suddenly going to consolidate in...
EUR/USD Forecast April 4, 2016, Technical Analysis
The EUR/USD pair went back and forth during the day on Friday, eventually settling on a fairly neutral candle. We could pull back from here, but the pullback should only end up being a buying opportunity as...
USD/CAD Forecast April 4, 2016, Technical Analysis
The USD/CAD pair initially rose during the course of the day on Friday, but turned right back around to form a bit of a shooting star. The shooting star completely contradicts the hammer that we formed during...
AUD/USD Forecast April 4, 2016, Technical Analysis
The AUD/USD pair initially fell during the course of the session on Friday, but turn right back around to form a bit of a hammer. This was preceded by a couple of shooting stars though, so it...
AUDUSD Ascending Channel (Apr 4, 2016)
AUDUSD has been trending higher on its short-term time frames, moving inside an ascending channel visible on the 1-hour and 4-hour charts. Price is currently testing the top of the channel around the .7700 major psychological level...
(Interview) Wall Street is Coo-Coo for CoCo Bonds
By Elliott Wave International The co-editor of our monthly Elliott Wave Financial Forecast newsletter tells you about the emergence of the so-called CoCo bonds, one of the hottest new derivative-backed instruments on Wall Street. Listen as Peter...