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USDJPY
April 16, 2013 By Leave a Comment
The USDJPY found support at the trend channel. This likely means that price action will likely test the 100.77 – 101.84 area, which are huge levels.
USDJPY 4Hour
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GBPUSD
April 16, 2013 By Leave a Comment
The GBPUSD is likely going to move higher over the next few days into a few likely levels that could produce some important resistance. The first is the 1.5424-1.5462 area, the second is the 1.5606 level, and the last area would be the 1.5725-1.5788 area. I expect the longer term move lower to resume by next month.
GBPUSD 4Hour
For more chart coverage, in-depth research, and analysis, join our Premium members content. Also receive more interaction with Market Overflow as we provide Elliott Wave analysis and technical research to help your trading/investing become more profitable. If you have any questions contact Ben, Founder and Chief Analyst, at marketoverflow@gmail.com, or contact us here.
SPX
April 16, 2013 By Leave a Comment
The S&P 500 index remains within the upward trend channel. Price action is likely to make another new high while the channel continues to provide support. A break below the channel and that changes everything.
SPX 4Hour
For more chart coverage, in-depth research, and analysis, join our Premium members content. Also receive more interaction with Market Overflow as we provide Elliott Wave analysis and technical research to help your trading/investing become more profitable. If you have any questions contact Ben, Founder and Chief Analyst, at marketoverflow@gmail.com, or contact us here.
GBPUSD
April 2, 2013 By Leave a Comment
The GBPUSD wave count allows for another push lower to make a new low and complete this larger move lower since the beginning of the year. While price action remains below the 1.5090 level, my bias is for a new low to be made in the next few days.
GBPUSD 4Hour
For more chart coverage, in-depth research, and analysis, join our Premium members content. Also receive more interaction with Market Overflow as we provide Elliott Wave analysis and technical research to help your trading/investing become more profitable. If you have any questions contact Ben, Founder and Chief Analyst, at marketoverflow@gmail.com, or contact us here.
