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If oil is not able to break through the $83 resistance area, and the S&P finds sellers, a U.S. rally against the majors should be seen.
01:21PM 03/18/10
A turning point on the short side of the pair is expected in the near term, since an upward correction could be very near completion.
11:41AM 03/18/10
A move down, toward the 1.0070 and 1.0000 region, could be reached over the next few session or days.
10:01AM 03/17/10
EUR/USD: Downtrend Continuation Expected
The pair looks to be forming a corrective structure that suggests a downtrend continuation once that upward structure is finished.
01:30PM 03/16/10
S&P Futures: Elliott Wave Charting
If a corrective pattern is complete, a bearish scenario is expected over the months ahead.
05:25PM 03/15/10
Price action suggests at least one more push higher, toward the 1.3800-50 area, before a larger downtrend can be seen.
10:21AM 03/15/10
A turning point to the short side of the market is expected.
12:19PM 03/11/10
Chart shows a continued downtrend.
11:43AM 03/11/10
USD/CAD: Chart Shows Impulsive Structure
Before we can confirm a near-term bullish reversal, we need to see impulsive intraday price action on the upside.
10:04AM 03/10/10
USD/CHF: Triangle Still Forming
Expect a push lower into the final leg of a triangle. Once a triangle is finished, a powerful uptrend should follow.
09:45AM 03/10/10
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