The AUDUSD shows a bullish Elliott wave pattern with 5 wave advance followed by 3 wave counter trend drop. If the pattern holds, it should propel the
Can EUR/JPY make a turn lower at resistance ?
In an earlier article about employing the Fibonacci Tool in your trading, the basics of its use were covered. In this follow-up, I would like to go into
Gartelys are harmonic reversal patterns found using Fibonacci retracements. As the AUD/JPY reaches 86.30, traders eye Fibonacci resistance to enter
As the European sovereign debt crisis continues to spiral out of control 'troika' has become a household term. What is troika, and how does it play into
Learn about the symbols of the various currencies along with which are considered the Majors, the Major Pairs and the Cross Pairs.
The AUD/USD has moved in a 512 pip downtrend from the December 2011 high. As the pair creates lower highs, we can use a trend line and Fibonacci
USOIL advanced over 15% in the month of February.Swing traders move to take advantage of MACD hidden divergence to enter on a pullback of the commodity.
Hidden divergence takes advantage of price seperating from the RSI indicator. As the EUR/CAD forms a lower high in a 610 pip downtrend, hidden
The currency market often sees many swings on the worlds' most often used currencies. This article will walk through the implications these movements
