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According to the Elliott Wave Principle, every five-wave impulse is followed by a three-wave retracement in the opposite direction. Once the retracement is over,...

According to the Elliott Wave Principle, every five-wave impulse is followed by a three-wave retracement in the opposite direction....

NZDUSD bottomed at 0.6620 and bounced up to 0.6770. This recovery was immediately followed by a new decline to 0.6684 so far. What to...

AUDUSD rose sharply from 0.76 to 0.7818 yesterday. If we take a look at this rally on a 5-minute chart, we will see that...

Microsoft reached $50.00 per share a week ago, but the bulls could not keep the pace up, which led to a decline to $47.85. However,...

The USD JPY foreign exchange pair has been in a strong uptrend. Earlier today it climbed to as high as 117.04, but reversed sharply to...

A week ago, on October 22nd, we published an analysis, called “GBP JPY to regain positive bias”, saying that we expect the uptrend to...

A week ago, on October 22nd, we published an analysis, called “GBP JPY to regain positive bias”, saying that...

Four days ago, on 19th October, we showed you a 4-hour chart of GBPUSD in an article called “Decreasing Selling Pressure on GBP USD”. The corrective...

Four days ago, on 19th October, we showed you a 4-hour chart of GBPUSD in an article called “Decreasing Selling Pressure...

It has been a wild Wednesday for EUR USD, climbing up more than 260 pips. However, this bullish strength may turn out to be...

It looks like the downtrend in AUDUSD still has room to develop, because on the 15-min chart there is a clear five-wave structure, also...

The USDCAD exchange rate has been in a steady rise this week. Are the bulls getting exhausted now? Should traders prepare for a reversal...