Timing coming up for EUR/USD. The pair is facing now the 38% retracement level of Fibonacci from the March to August Movement.
EUR/USD sold off on the heels of the FOMC monetary statement. Forex technical analysis using Elliott Wave Theory suggests a higher likelihood of a 150
The EUR/USD has stalled at resistance ahead of today’s FOMC event. Traders will continue to watch the news, to determine the pairs direction.
Using Elliott Wave Theory we can assess the location of the current trend. It appears the GBPJPY may have carved a medium term top.
The USDollar is attempting to breakout lower for the first time in 8 trading sessions. Learn today’s trading values with the Chart of the Day!
The CAC40 is nearing support of a 128 point range. Learn more about the Index with the Chart of the Day!
Despite better than expected CPI data out of the U.S., the EUR/USD remains supported. Learn today’s trading values with the Chart of the Day!
The number of EUR-USD long traders remain near 2015 yearly highs. Elliott Wave patterns suggest higher probability of continued selling medium term.
U.S. Advanced Retail Sales printed worse than expected this morning. Learn what this means for the GBP/USD with the Chart of the Day!
The USD/JPY is consolidating after yesterday’s 101 pip decline. Learn today’s trading values with the Chart of the Day!