In our previous article, we talked about the Bullish Palladium XPDUSD which is supporting the commodity market for another leg to the upside. To be able to join for the move higher, we need to identify the potential scenarios and...
Short term DAX Elliott Wave view suggests the rally from 5/18 is unfolding as a double three Elliott Wave structure. Minute wave ((w)) ended at 12879.5 and Minute wave ((x)) pullback ended at 12617. Internal of Minute wave ((x)) subdivided...
After breaking below the bullish trend line from 1214.17 to 1258.92 at 1270 on its 4-hour chart, XAUUSD started a bearish movement from the June 6 high of 1295.94, and the bearish movement extended to as low...
Cable is sitting right on the ascending channel support visible on its daily time frame. A bounce could take it back up to the resistance at the 1.3250 minor psychological level while a break could spur a...
The USD/JPY pair fell slightly during the day on Tuesday, reaching towards the 111.40 level. There is a significant amount of volatility in this market, and with that being the case it’s likely that the buyers will...
The US dollar rallied against the Canadian dollar during Tuesday’s trading hours, as the crude oil markets absolutely fell apart. The Canadian dollar of course is very sensitive to what’s going on in the oil market, as...
The British pound went sideways initially during the day on Tuesday, and then fell apart and reached towards the 1.26 level. That being the case, we found support their, as it is a large, round, psychologically significant...
The EUR/USD pair went sideways during the day initially on Tuesday, but broke down towards the 1.11 handle underneath. Having said that, it looks as if we are trying to bounce from here, and a short-term buying...
The Australian dollar tried to rally during the day, and then turned around to sell off rather drastically. Because of this, the 0.7575 level was tested, and I think that is a massive amount of support. A...
USDCAD continued its sideways movement in a trading range between 1.3164 and 1.3308. Near term resistance is at 1.3308, as long as this level holds, the downtrend could be expected to continue and next target would be...
