EUR/USD Chart Analysis

We are in one of those times when we know the immediate move for the Euro is up, but are grappling with how deep will it move down after the current rally is over. From an Elliott Wave perspective, the decline to just below 1.4070 around mid-June could be termed a B...

Sharp rally in Sterling was no surprise

On 5th October 2009, I posted an early warning to traders of Sterling Pound (GBP/USD)that there is something fishy about the decline from 1.6742, and we are likely to see another rally in the Pound. Trouble is, it is so damn hard to believe such calls, and when the...