EUR/USD Forecast September 11, 2017, Technical Analysis
The EUR/USD pair tried to rally during the day on Friday, but gave back the gains to form a less than impressive close to the day. I believe that the market will find a bit of support...
Month: September 2017
AUD/USD Forecast September 11, 2017, Technical Analysis
The AUD/USD pair had a volatile session during the session on Friday, reaching as high as 0.81, and then fell significantly. I believe that the 0.0 level underneath continues to be massively supportive, as it was massive...
GBPUSD Elliott Wave View: More Upside
GBPUSD Short Term Elliott Wave view suggests that the rally from 8/24 low is unfolding as an impulse Elliott Wave structure. Up from 8/24 low (1.2773), Minor wave 1 ended at 1.2979 and Minor wave 2 ended at 1.2851. Minor...
AUDUSD Breaks Above 0.8065 Resistance
AUDUSD extends its bullish movement from 0.7871 to as high as 0.8095, breaking above the previous high resistance at 0.8065. On the upside There is a bullish trend line with support at around 0.7990 on the 4-hour...
USD/JPY Forecast September 8, 2017, Technical Analysis
The US dollar fell against the Japanese yen during the session on Thursday, testing the 108.50 handle. This is an interesting level for me, as it is the bottom of longer-term consolidation. If we close below this...
USD/CAD Forecast September 8, 2017, Technical Analysis
The US dollar fell slightly during the day against the Canadian dollar on Thursday as we continue to see the fallout from the surprise interest rate hike in Ottawa. Longer-term, I believe that the market is going...
GBP/USD Forecast September 8, 2017, Technical Analysis
The British pound went sideways during the day on Wednesday, and then shot to the upside. The 1.31 level above has offered resistance, but it looks like we are ready to break out to the upside. Being...
EUR/USD Forecast September 8, 2017, Technical Analysis
The EUR/USD pair went sideways initially on Thursday, and then broke above the 1.20 level, after Mario Draghi had his press conference. Ultimately, I think it’s only a matter of time before we go higher, but short-term...
AUD/USD Forecast September 8, 2017, Technical Analysis
The Australian dollar initially fell on Thursday but turned around to break above the 0.80 level again. This is a very significant break out, as we have made a “higher high” in a market that’s trying to...
The Stock Market, Mood Swings, and Your Investments
By Elliott Wave International Investor sentiment pursues the “hot opportunity.” But history shows it’s better to use sentiment as a contrary indicator. Learn to Use Sentiment to Time Your Investments Better In this 14-minute video, you’ll learn...