A triangle appears to be unfolding. This does not change the bearish bias in the long run, it just delays it. Expect range trading over the next several weeks in waves c, d, and e of the triangle. Ult...

Since the end of August the EUR/JPY has been trading in bearish Fibonacci trend lines. After breaking trough the upper trend line the market touched the 1.57 resistance level. Yesterday the pair has s...

The British pound crosses, particularly the GBPNZD, are likely to work higher from near current levels. Risk on the GBPNZD is about 600 pips but the bullish target is not until over 3,000 pips....

There is no reason to change our call for a lower GBPCHF. There is a long term measured support level at 1.9125. The sharp advance from 1.9492 is in 3 waves (corrective) and favors the downside. A tri...

There is no reason to change our call for a lower GBPCHF. There is a long term measured support level at 1.9125. The bias is bearish as long as price is below 2.0538 although price ideally remains bel...

Since the middle of July the EUR/USD has traded in two bearish trend channels. After breaking trough the lower trend line of the first channel, the market has shown a stronger bearish movement. As you...

Between June and the middle of August, the EUR/CAD has been trading in a horizontal trend channel with a resistance at 1.6164 and a support level at 1.5700. Last Tuesday the market touched again the s...

For the last five months the EUR/GBP has traded in a horizontal trend channel with a resistance at 0.802 and a support level at 0.7777. After touching the resistance for the third time, the market sta...

With considerable event risk in waiting in the wings, volatility and technicals are suspect for the euro and pound crosses. Nonetheless, our Analysts are gauging event risk and overlaying it on strong...

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 f...

The GBP/CHF crossed the upper line of the horizontal trading range mid last month. But at the beginning of this week it came back and trades actual on the upper level of the range. But the momentum co...

GBPCHF: Expect a break through 2.0963, possibly as early as next week. The rally from 1.9421 to 2.0963 is in 3 waves and is wave A of what is probably a flat. Wave B most likely ended at 2.0012 and wa...

In USD/JPY the market took a second attempt to try to break through its resistance around 108.50. Since then, the market recovered to its very strong support at 105.5. The second try to break 108.50 c...

Recent commentary mentioned that "the GBPCHF remains in a 4th wave correction that will complete as either a triangle or flat. The rally from 1.9421 to 2.0963 is in 3 waves and is wave A of the triang...

A quick look at the British pound versus the US dollar and you've got to be thinking the pound looks like a good buy. And maybe, versus the buck, it is. But here's series of charts that tell us invest...

The GBP/CAD lost in the first half of the July and was supported at 1.99. That support line was maintained for all of June. If the pair increases, the first resistance level will be at 2.02 and the se...

The GBPCHF remains in a 4th wave correction that will complete as either a triangle or flat. The rally from 1.9421 to 2.0963 is in 3 waves and would be wave A of the triangle (or flat). Wave B is unde...

My favorite pick this week is short GBP/CHF. With a very heavy economic calendar that includes an interest rate decision, the British pound should be a big market mover. Industrial production for the ...

The GBPCHF remains in a 4th wave correction that will complete as either a triangle or flat. The rally from 1.9421 to 2.0963 is in 3 waves and would be wave A of the triangle (or flat). Wave B is unde...

The GBPCHF remains in a 4th wave correction that will complete as either a triangle or flat. The rally from 1.9421 to 2.0963 is in 3 waves and would be wave A of the triangle (or flat). Wave B is unde...

The GBPCHF remains entrenched in a 4th wave correction that will probably complete as a triangle. The rally from 1.9421 to 2.0963 is in 3 waves and would be wave A of the triangle. Wave B is underway ...

In the middle of May the AUD/USD changed its side range one level higher. So the former resistance became a support for the new range. At the moment the AUD/USD is trading at the support. A break trou...

The GBPCHF remains entrenched in a 4th wave correction that will probably complete as a triangle. The rally from 1.9421 to 2.0963 is in 3 waves and would be wave A of the triangle. Wave B is underway ...

In EUR/JPY was a strong bullish trend from the middle of March till the middle of April. With its abortive try to break the 165 mark the market recovered after his up rally. Since the middle of May th...