All focal pairs opened with a bullish gap this week which is indicative of the fact that there is an imbalance between supply and demand in the market, and a nice confirmation of my bullish expectations...Continue Reading »
The EUR.USD is moving into a corrective phase in the market and I am looking to play it to the short side once the correction has reached identified targets.
The AUD.USD broke my initial expectations this week as the U.S. Dollar gained a significant amount of strength across the board. The pair fell below base line support on the daily chart retracing more...Continue Reading »
The EUR.USD started to get some bearish action last week. The pair has hit the 50% fib retracement level on the daily chart and then quickly reversed. That level is a which is an expectation for a B wave...Continue Reading »
The EUR.USD was filled with choppy sideways action last week not providing us with many longer terms trading opportunities. But based on the current price action, it looks like we are close to seeing this...Continue Reading »