Author: NULL

The EUR/USD which has been in consolidation since Dec 18 2009, hit a hard floor this morning near the 1.4280 area (s3) with a low of 1.4261. This may act as a turning point for the pair after weaker than expected Q3 US GDP...

This is what I see in the Forex starting the week of Dec 20th – an OPINION ONLY: I do these three currency pairs because they represent a cross section of the market as a whole – all matching up to possible...

The EURJPY is sitting in a channel. If it continues the pattern it should take out the top at 130.00. A break north form here has the next target at 130.54 ( previous support) and then the 130.89. A continuation down would leave...

After testing the Oct 8th resistance now support and the S6 1.6121 and no break we should see a bounce to the 1.6200 area. We should see the resumption back down at that point.

Looking for the bull flag breakout to the 131.08 with futher upside potential to...

Finally broke out of the wedge and hit our target / limit at 1,4453. should see consolidation as The FOMC starts a 2 day meeting today-on Wed we will see their decision and statements on interest rates. Looking for it to break...

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 Elliott Wave) and they...

The EURUSD is making a run for the target 1.4546. It is Friday so will see if there are enough legs in the market to make it there. Currently sitting on support after the break out. May get a bounce back to resistance at 1.4665...

Markets are drifting today in the NY. Look for a continuation of the bear flag up to 130.56. A push higher might take it to the .382 fibo and maybe the R4 HSI target at 131.13. Gotta get legs though and it looks like there are...

The 88.00 level will remain a key level to watch today (this price was the low price in October 2009). Above the level should be bullish from a trading perspective, while below would be a bearish. The cross is in a pretty nice...