Forex

In today's additional Elliott Wave update of USDCAD we examine where does Wednesday's selloff fit into the bigger structure and what does it mean....

EURUSD is in the red for the second straight week as forex traders look forward to today's FOMC interest rates outlook. In today's Elliott...

The Bank of Japan finally ended its ultra-loose monetary policy, but the yen plunged against the dollar anyway. How high is USDJPY going? Read...

USDJPY surged last week even as the Bank of Japan is likely to end its yield curve control and hike interest rates for the...

EURUSD fell last week as US inflation remains sticky and forex traders slowly realize that the Fed is in no hurry to cut interest...

USDCAD kept recovering last week in agreement with our Elliott Wave analysis. In today's update we identify the key level the bulls must defend...

EURUSD bulls are taking a break after three consecutive weeks of gains. Can they proceed to break the strong resistance near 1.1000? Read in...

In today's Elliott Wave update of USDJPY we examine if this week's recovery can be trusted and identify a key level to watch for...

In today's Elliott Wave update of USDCAD we examine what looks like a very clear trading setup, accompanied by a specific stop-loss level.

USDJPY fell sharply last week after the bulls once again got discouraged by the resistance area near 151.00. How low is the pair going...

EURUSD added 99 pips to finish in positive territory for the third week in a row even as the ECB hinted that it may...

In today's Elliott Wave analysis of USDCAD we examine the pair's weekly, daily and 4h charts and identify a key level to watch for...

In today's Elliott Wave update of USDJPY we identify the key level both bulls and bears need to pay attention to for trading purposes....

USDCAD is up for the fourth straight week, but the resistance near 1.3600 is a formidable one. Should we expect a bullish breakout or...

EURUSD is slowly gaining ground as traders don't expect the ECB to cut rates before the Fed. Can the recovery continue after this week's...

For the first time this year, EURUSD managed to close in positive territory in two consecutive weeks. Can the bulls keep building momentum in...

USDJPY dipped last week as the 152.00 resistance level is once again proving to be a tough nut to crack. Can the bulls finally...

USDCAD added a third straight weekly gain and the pair is now up in eight of the past nine weeks. Can the winning streak...

In today's Elliott Wave update of EURUSD we examine the pair's 4-hour chart and its likely path forward. There's an important Fibonacci level to...

USDJPY is rising heading into Thursday's PCE index as traders bet that high inflation is going to inspire a more hawkish Fed. In today's...

In today's Elliott Wave update of USDCAD we examine the pair's hourly chart and identify a stop-loss level for trading purposes.

Elliott Wave Update of USDCAD – February 28th, 2024

EW Pro Forex 28 Feb 24

In today's Elliott Wave update of USDCAD we examine the pair's hourly chart and identify a stop-loss level for...

Despite the initial drop in USDCAD last week, the bulls managed to fight back and achieve a positive session close above 1.3500 on Friday....

EURUSD registered its second positive weekly close since the start of 2024. Can the bulls turn things around and recoup their 2% loss for...

USDJPY added another weekly gain to its tally and is now approaching the 152.00 resistance level, which it failed to breach in 2022 and...

USDJPY has barely moved since the start of the week as traders have a lot of guesswork to do regarding the Fed's and BOJ's...

USDCAD just bounced up from an important support line we'd been keeping an eye on for some time. What does that mean for the...

A clear Elliott Wave pattern on the 4h chart of EURUSD indicates that the pair's trend is ready to resume. In what direction is...

USDCAD was on the verge of conquering 1.3600 last week, before dropping to close the trading session below 1.3500 on Friday. Can the uptrend...

USDJPY bulls achieved a weekly close above the 150.00 mark for the first time since November. Can they finally go for 152.00, as well?...

EURUSD found support just under 1.0700, but is this a major bottom or just a bear market rally? Find out in our latest Elliott...