Resistance comes in at the 0.6900 level where a break will turn attention to the 0.6950 level.
USDCAD made a big recovery, but hit important 78,6% Fibo. level, which can act as a strong resistance, especially after that clear three-wave a-b-c rise.
Stock index futures fell due to a series of weak economic reports in the euro zone.
USDJPY eyes more recovery following its price halt on Thursday. As long as it stays above the 110.35 support zone, more price strength is expected.
Support comes in at the 1.3300 level where a break will aim at the 1.3250 level.
Hi traders, USDCAD is now within wave c at potential resistance area here at 1.3350-1.3390 region.
Bears have overal chart advantage amid price downtrend. Short covering recently gives bulls a bit of momentum but they must negate downtrend line to the suggest market bottom in place.
In what appears to be a buy the rumor and sell the fact situation, stock index futures advanced ahead of yesterdays Federal Open Market Committee meeting and came under profit taking pressure after the...
Blue Line Futures - Actionable ideas, fundamentals and technicals for the Dollar, Euro, Yen, Aussie, Canadian and more.
This is coming on the back of its recent gain. Support lies at the 1.1300 where a break will turn attention to the 1.1250 level
Bears have overall chart advantage amid price downtren. Short covering recently gives bulls a bit of momentum but they must negates downtrend line to then suggest market bottom in place.
Below is a daily US dollar continuation chart showing planetary angle lines. I used a price per degree of .0427. Uranus is support at 93.620. The bottom Neptune crosses at 91.650. The bottom Saturn crosses...
According to press reports, the U.S. and China are moving closer to a formal trade agreement.
Elliott wave analysis on USDJPY.
Actionable ideas, fundamentals and technicals for the Dollar, Euro, Yen, Aussie, Canadian and more.
Hi traders, AUDUSD made a nice five-wave rally, up from 0.704 level which looks completed at current highs, and from where we are now observing an idea of a temporaray, three-wave pullback.
GBPUSD risk continues to point higher despite price hesitation. Support stands at 1.3250 level.
Stock index futures are higher with the S&P 500 less than 3.5% away from its September record closing high.
USDCAD is dropping sharply from the 1.346 high, giving us an idea that a bigger three-wave rally within higher degree wave B) can be completed, and that a new minimum three-wave A/1-B/2-C/3 drop is in...
This article was originally published on Nadex.com. The FOMC will be releasing their Economic Projections, Statement, and Federal Funds Rate on Wednesday at 2pm New York time, followed by the FOMC Press...