AUDUSD Technical Analysis 10.30.2017 AUDUSD is currently in a Elliott Wave impulse five wave move lower from the October 13 high. The pair is currently in the blue wave (4) correction higher and traders should watch for the termination of this wave for another push lower towards the possible fifth wave target at 0.7580 area. […]

AUDJPY Technical Analysis 10.27.2017 AUDJPY has been trending to the upside making higher highs and higher lows since June 24/2016 on the Daily chart. On the 4 hour (Chart below) we can see a possible bullish pattern that can extend the trend higher and push AUDJPY to new highs. The chart below we can see […]

EURUSD Technical Analysis 10.17.2017 EURUSD on the 4 hour chart is showing two possible bullish patterns. Below you can see a blue bullish pattern which triggers buys at the BC 0.50% Fib. retracement level and a possible red bullish falling wedge pattern where price has still yet to break above the top trend line of […]

EURCAD Technical Analysis 8.1.2017 On June 13/2017 I published an article EURCAD : Sell the Bounce Bearish Pattern where I called for the pair to make another move lower after a bounce/retracement higher. EURCAD since then bounced and continued lower as expected but did not fully close the April 13/2017 market gap as I would have […]

GBPUSD Bullish Scenario: A bullish pattern can be seen for another possible move higher but has yet to trigger buys at the BC 0.50% Fib. level. If looking to buy GBPUSD traders should be patient and wait for price to make a move lower towards the BC 0.50% Fib. retracement level at 1.2808. Waiting for price […]

NZDUSD is showing 2 bullish patterns on the daily chart so we are expecting for the pair to continue higher. A move lower will now give bulls a chance to push the pair higher. Below we will show the possible bullish scenarios where bulls can enter the market and catch the move higher. NZDUSD Daily Chart 2 […]