The British pound has had a wild ride already during the day as I record this. We initially surged after the MPC announcement, reaching the 1.42 handle. However, we rolled over significantly from there and it now...
The EUR/USD pair fell during the trading session on Thursday, reaching down towards the 1.23 handle as I record this. The market does look as if it’s trying to form some type of support in that area,...
The Australian dollar had a rough trading session on Thursday, reaching down towards the 0.77 level. There is a significant amount of noise in this area though, and I think that it could cause a bit of...
GBPUSD has been trending higher on its short-term time frames inside an ascending channel. Price has surged past the resistance to signal that a steeper climb is underway, but a pullback is currently taking place. Applying the...
USDJPY Elliott Wave view suggests that the decline from 11.6.2017 high is unfolding as a 5 waves impulse Elliott Wave structure. Down from 11.6.2017 high (114.73), Intermediate wave (1) ended at 110.84, Intermediate wave (2) ended at...
USDJPY is still inside its triangle consolidation pattern and is testing support at the 105.60 level. A bounce from this area could lead to another test of resistance at 106.30 or a break higher. However, the 100...
Hello fellow traders. In this technical blog we’re going to take a quick look at the past Elliott Wave charts of CADJPY published in members area of the website. In further text we’re going to explain the short...
In this blog, we will have a look at some past Elliott Wave structures of the instrument AUDJPY. In the chart below, you can see the 1-hour weekend update presented to our members on the 03/10/18. Calling...
Oil (CL_F) Short Term Elliott Wave view suggests that the decline to 59.95 on 3/9 ended Minor wave 2. Minor wave 3 is unfolding as a 5 waves impulse Elliott Wave Structure where Minute wave ((i)) of 3...
The US dollar has rallied a bit during the trading session on Wednesday, reaching towards the 106.50 level. This is an area that has been noisy more than once, and it looks as if we are trying...
