Euro Crosses: Breakout Potential Exists
The Euro crosses, notably the EURGBP and EURAUD, could break through significant resistance in the coming weeks.
Original post by Currency Trading News
Canadian Dollar May Secure Bullish Reversal With Data
More than 700 points after the USDCAD began its near non-stop rally, the pair seems to finally have run out of technical steam.
Original post by Currency Trading News
After A Week Of Startling Volatility, DailyFX Analysts Look To Dollar And Euro Setups
Dramatic price action from last week has left the market with fresh breakouts and new trends.
Original post by Currency Trading News
Australian Dollar Crosses Well Into Corrective Declines
The Australian Dollar crosses continue to decline, but in a corrective manner. In particular, the AUDCHF should form a secondary low in the next few week .
Original post by Currency Trading News
British Pound Crosses Remain In Bull Trend
The GBPCHF could break through 2.0963 in order to complete wave C of the correction that began at 1.9421. To review, the rally from 1.9421 to 2.0963 is in 3 waves and is wave A of what is probably a flat.
Original post by Currency Trading News
Yen Crosses Mixed
We maintain that a triangle is complete at 158.60. Is the triangle perfect? No, but real market patterns rarely are perfect.
Original post by Currency Trading News
DailyFX Analysts Short Euros and British Pounds
Our picks of the week which were published yesterday pointed to further dollar strength.
Original post by Currency Trading News
Australian Dollar Crosses Prone to Corrections
The drop from 1.0823 is either a completed A-B-C decline, is wave A of a triangle, or wave C is still underway from near 1.0140. Meanwhile, a push through 1.0081 would make the rally from .8870 an impulse and …
Original post by Currency Trading News
British Pound Crosses Accelerate Higher
Recent commentary mentioned that “the GBPCHF remains in a 4th wave correction that will complete as either a triangle or flat.
Original post by Currency Trading News
Yen Crosses: Declines Should Be Bought
Under the preferred count, a triangle is complete at 158.60 . The rally that followed is in 5 waves but is small relative to the triangle, making it likely that the advance is the first wave of the terminal …
Original post by Currency Trading News
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