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Category: Technicals

FX News Technicals

Though Gold Prices Bounce Higher, Wait For a Dip

Posted By Jeremy Wagner, CEWA-M

The higher probability Elliott Wave models suggest the up trend that began December 2016 is incomplete. We are looking to buy a dip back towards $1230-$1240.…

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FX News Technicals

USD/CAD Trends to New Lows Ahead of U.S. GDP Data

Posted By Walker England

The USD/CAD is trading to new monthly lows ahead of tomorrow’s U.S. GDP release. Expectations for U.S. GDP (1Q S) are set at 2.3%.…

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FX News Technicals

GBP/USD Technical Analysis: Bad News Taken with a Bullish Bias

Posted By James Stanley

The past few weeks have not been kind to the British Pound. But you probably wouldn’t notice it by looking at the chart, as bulls continue to support the lows while driving to fresh highs.…

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