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The pattern on the USD/CAD seems like it's finishing an ABC down after last weeks high of 0240. The high completed a 5 wave set as seen in previous posts chart and as the ABC down completes a new 5 wave set up should form. An attempt to catch it at 0105 as a buy for highs of 0250-0300 is a...

USD/CAD Elliot Wave Analysis. I think the probable picture is that of the black 12345 being 1 of a larger 12345 up that will carry the U/CAD past 0300 eventually. Or the black 5 could extend in its own smaller 5 wave set rather than morphing into something larger in terms of counting scale...

The NFP data was quite USD positive, and caused good movement, I missed the bottom of the ABC of the USD/CAD down at 0150 but caught the pullback after the initial spike up and bought at 0172 exiting at 0224. Will watch for re-entry up to 0300 after a drop, hoping I don't miss further...

So, G/CHF did reach near 0300 and "bounced" 400 pips, retraced significantly before reaching higher... I missed the runup but caught some of the retracement. USD/CAD has worked higher as of this morning finally, leaving me with suspicions that it will travel at least past 0300 so buying on...

On 1 day charts, USD/CHF is doing an ABC up not finished although it has retraced a bit over the last few days. It will work higher but might drop once more first. The ones to watch were and are the EUR/CHF and GBP/CHF. If G/CHF reaches near 0300 it should bounce up nicely. Will have to monitor...

Good call on the EUR/USD, I missed it. I Wonder if it has hit it's target and will drop once more? Had I entered I'd have taken some profit at above 5600 and left the rest to see. Same on GBP at 9705 area, a good bouncepoint after long drop. USD/CAD is wedging on 1 day charts and I expect...

GBP/CHF has to be due for a significant pullback soon. the UK GDP Report will be released tomorrow at 4:30 am EDT and often provides at least 50 pips of movement. The GBP/USD might climb a bit possibly before news... or after news rise a bit. Actually, buying it just below 9700 would...

By Alexandre Deslongchamps April 23 (Bloomberg) -- Canadian retail sales unexpectedly fell for the first time in five months in February on cars and clothing, indicating consumer spending may not be enough to prevent an economic slowdown. Sales dropped 0.7 percent to C$35.5 billion ($35.2...

EUR/JPY dropped nicely and I was able to take some profit. USD/CAD didn't drop quite as much as I thought it might ideally, now it's risen on news and will likley work higher although a significant retracement may occur at about 0225. And the AUD/USD rose as news continues to be positive...

USD/CAD dropped after spiking and was a good sell for a daytrade from 0150. I missed that point but bought at 0025 and exited at 0053. The larger swing concept up from below 1.000 is the one I'll continue to watch for as the large scale Elliot Count still seems to indicate a probable impulse...

EUR/JPY seems nearing a bouncepoint at 165.00 area on larger scale or may have hit at 164.75 but I'll wait for a daytrade sell attempt a bit higher if all signs seem to remain affirming. USD/CAD seem like it may be a good buy for a swing trade if it comes down below 1.000 again, target could...

Selling the U/J was good. Took the rest off at 104.02 and if it drops much more than current price of 103.15 I'll be attempting to pinpoint a buy up for larger swing. GBP/JPY came up in an ABC from 204.30 and is trending down again for possible double bottom of 204.28 or lower. The larger...

Distractions got the better of me this week again. There were some really nice swings although after the rise of the USD/JPY and JPY crosses some good retracements are likely due soon. I sold the USD/JPY at 104.48 and have taken some cash at 27 in case it climbs again before larger...

Canada's Dollar Rises Most in Three Months as Commodities Surge By Haris Anwar April 16 (Bloomberg) -- Canada's dollar rose the most in almost three months, nearing parity with its U.S. counterpart, as prices of the nation's commodity exports surged and global stocks gained. The...

Update on G/J shows that a bounce down of 50 pips from 19950ish happened but not a larger swing down. The movement higher up shows a larger ABC up is completeing before a downswing as being the favoured interpretation. CAD/JPY has been driven up higher by the fall of U/CAD which fell more...

The weekend was good albiet busy, thanks. Too busy for analysis unfortunately. I don't have the lifestyle in close enough conformation to trading yet. There's a bouncepoint looming on the CAD/JPY at about 100.00 and if at computer I'll contemplate selling with enough to take partial position...

AUD/USD could bounce up more than what it did the first time i hit the trendline and reversed as shown by red "c" however if it doesn't then the ABC down will expand and reverse further down at an area that I don't have analysis shown for in the picture. I prefer the first bounce off trendlines...

By Chris Young and Lilian Karunungan April 11 (Bloomberg) -- The Australian and New Zealand dollars completed a weekly gain as rising prices of commodities the nations export such as coal and iron ore bolstered speculation their economies can weather a global slowdown. The New Zealand...

By Haris Anwar April 11 (Bloomberg) -- The Canadian dollar's link to commodities has been weakening as investors shift their focus to the global economic outlook amid the credit turmoil rooted in U.S. subprime mortgages, according to RBC Capital Markets. Canada's dollar surged last year...

By Joe Schneider April 10 (Bloomberg) -- Canadian Finance Minister Jim Flaherty said he expects ``significant discussions'' on the global credit crisis when Group of Seven ministers and central bankers meet tomorrow in Washington. The talks will probably focus on the ``need for...