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Having Pierced the S5 substantially the UCAD has found support ans should see an initital bounce to the 1.0375 ( S5 area) then follow through should take out the 1.0400 with further target at 1.0429 (Resistance). Watch the top...

If we see any strength in the unemployment figures with Non-Farm Payroll tomorrow, we could get this move. The EURUSD has a well defined Descending wedge ( bias down) sitting at the S3 1.4203. A break of the wedge should produce...

We have gotten an open and close of 4 candles below the bear flag. Looking for Follow through to the 1.4300 and then a further target at...

We have had a nice correction in this cross. Currently sitting on support at 131.75 area and it could bounce here. A deeper correction would be the .500 Fibo at the 131.05 area ( former R5 area)

Hello Traders,   Hope you had a wonderful New Year with family and friends. We’d like to give you some intermediate term perspectives as we go into the first month of the year.   Non-Farm Payrolls is coming up...

EURUSD, USDJPY, EURJPY -I do these three currency pairs because they represent a cross section of the market as a whole – all matching up to possible opportunities on Wild Card, 6 Aces and Royal Flushes (Trending and...

do these three currency pairs because they represent a cross section of the market as a whole – all matching up to possible opportunities on Wild Card, 6 Aces and Royal Flushes (Trending and Elliott Wave) and they...

I’d like to examine the EurUsd and give some brief scenarios of what may occur as we get closer to Christmas Day. Today, we have a few minor US announcements until 9am central when New Home Sales are released. The...