Canadian Dollar Weakness Anticipated by Elliott Wave
Canadian dollar bulls had another week to forget, after the USDCAD rate surged from a low of 1.2615 on Monday to nearly 1.2900 so...
The latest Elliott Wave analyses of the FOREX markets. Millions of traders are trading the euro, dollar, yen, pound and other currencies every day now. Elliott Wave can help you make sense of all the ups and downs and gives you better perspective in you trading. Below you can find our view on markets like EURUSD, USDCAD, USDJPY and more forex pairs.
Canadian dollar bulls had another week to forget, after the USDCAD rate surged from a low of 1.2615 on Monday to nearly 1.2900 so...
Canadian dollar bulls had another week to forget, after the USDCAD rate surged from a low of 1.2615 on...
Between 2000 and 2016, USDCAD and crude oil had a negative correlation in 93% of the time. Canada is one of the world’s biggest...
Between 2000 and 2016, USDCAD and crude oil had a negative correlation in 93% of the time. Canada is...
EURUSD bulls had nothing to complain about last week, as the pair rose from 1.2248 to a new 3-year high of 1.2555. It is...
EURUSD bulls had nothing to complain about last week, as the pair rose from 1.2248 to a new 3-year...
USDCAD’s lost ground this week reminds traders just how quickly things change in the Forex market. A week ago, on Friday 9th, the pair...
USDCAD’s lost ground this week reminds traders just how quickly things change in the Forex market. A week ago,...
It has been 10 years since USDTRY bottomed at 1.1488 in January 2008 and started an uptrend that is still in progress. In late...
It has been 10 years since USDTRY bottomed at 1.1488 in January 2008 and started an uptrend that is...
January will be a month to forget for U.S. dollar bulls, who saw the greenback falling sharply against most major rivals. USDMXN is no...
January will be a month to forget for U.S. dollar bulls, who saw the greenback falling sharply against most...
It has been a wild week for EURUSD. The pair opened at 1.2027 on Monday, but quickly fell by over 100 pips to 1.1916...
It has been a wild week for EURUSD. The pair opened at 1.2027 on Monday, but quickly fell by...
2017 has been a great year for EURUSD bulls. During the last twelve months, the pair climbed from as low as 1.0340 to almost...
2017 has been a great year for EURUSD bulls. During the last twelve months, the pair climbed from as...
Last week, USDCAD crashed from 1.2909 to as low as 1.2680. This week, the pair initially fell to 1.2623, but quickly reversed to the...
Last week, USDCAD crashed from 1.2909 to as low as 1.2680. This week, the pair initially fell to 1.2623,...
GBPJPY climbed to its highest point in over a year yesterday, despite Brexit negotiations not going in the best possible way. The pair has...
GBPJPY climbed to its highest point in over a year yesterday, despite Brexit negotiations not going in the best...
Not too long ago, on November 6th, the U.S. dollar climbed to as high as 114.73 against the Japanese yen, which was its highest...
Not too long ago, on November 6th, the U.S. dollar climbed to as high as 114.73 against the Japanese...
It has been a good week for EURUSD bulls so far, who managed to lift the pair from 1.1637 to as high as 1.1860...
It has been a good week for EURUSD bulls so far, who managed to lift the pair from 1.1637...
Less than a month ago, on October 16th, USDJPY fell to 111.65 and it looked like more weakness would follow. Instead, the pair is...
Less than a month ago, on October 16th, USDJPY fell to 111.65 and it looked like more weakness would...
USDCAD fell from 1.3793 to as low as 1.2061 in a little over 4 months. This means the U.S. dollar lost a total of...
USDCAD fell from 1.3793 to as low as 1.2061 in a little over 4 months. This means the U.S....
Despite the fact that volatility drops significantly during the summer, obviously not everyone was on vacation, because on August 9th we received an on...
Despite the fact that volatility drops significantly during the summer, obviously not everyone was on vacation, because on August...
The Federal Reserve announced yesterday it is keeping the interest rate unchanged, a move that was largely anticipated. However, 2017 is still expected to...
The Federal Reserve announced yesterday it is keeping the interest rate unchanged, a move that was largely anticipated. However,...
Ever since it fell to as low as 1.2774 on August 24th, GBPUSD has been steadily rising. Today, the pair climbed as high as...
Ever since it fell to as low as 1.2774 on August 24th, GBPUSD has been steadily rising. Today, the...
It has been a rough 2017 for USDCNH bulls so far. The pair has been in an uptrend since January, 2014, but it feels...
It has been a rough 2017 for USDCNH bulls so far. The pair has been in an uptrend since...
GBPUSD bulls managed to take a breath after the pair recovered from as low as 1.2774 to almost 1.3000. Unfortunately, there is no way...
GBPUSD bulls managed to take a breath after the pair recovered from as low as 1.2774 to almost 1.3000....
The Euro climbed to its highest level against the U.S. dollar since January 2015 after ECB President Mario Draghi expressed optimism about the Eurozone’s...
The Euro climbed to its highest level against the U.S. dollar since January 2015 after ECB President Mario Draghi...
GBPUSD climbed to 1.3267 at the start of August, but the bulls’ dreams of reaching even higher levels were destroyed, when the pair reversed...
GBPUSD climbed to 1.3267 at the start of August, but the bulls’ dreams of reaching even higher levels were...
USDJPY’s rally from 108.80 came to its natural end last week, when the pair climbed to 114.50. The rate exceeded the mid-May high of...
USDJPY’s rally from 108.80 came to its natural end last week, when the pair climbed to 114.50. The rate...
Last week, the Bank of Canada raised the interest rate for the first time in seven years, thus reinforcing the downtrend in USDCAD, which has been...
Last week, the Bank of Canada raised the interest rate for the first time in seven years, thus reinforcing the downtrend...
EURGBP has been rising for over two months now. The pair’s journey to the north began from 0.8313 in mid-April and did not stop...
EURGBP has been rising for over two months now. The pair’s journey to the north began from 0.8313 in...
The last time we wrote about GBPCAD was almost half a year ago. On January 16th, 2017, the pair was hovering around its lowest...
The last time we wrote about GBPCAD was almost half a year ago. On January 16th, 2017, the pair...
It has been another bad week for USDCAD, which opened at 1.3259 on Monday and plunged to as low as 1.2971 today. The major reason behind...
It has been another bad week for USDCAD, which opened at 1.3259 on Monday and plunged to as low as...
USDCAD opened at 1.3467 on Monday. Three days later, the pair fell by over 300 pips to as low as 1.3165. According to the media,...
USDCAD opened at 1.3467 on Monday. Three days later, the pair fell by over 300 pips to as low...
It has been a little over a month since GBPAUD reached 1.7650 on May 10th. The day before, May 9th, we published “GBPAUD About...
It has been a little over a month since GBPAUD reached 1.7650 on May 10th. The day before, May...
It is a bad day for Theresa May and GBPUSD bulls The first exit polls of Britain’s General Election show that despite their win, the...
It is a bad day for Theresa May and GBPUSD bulls The first exit polls of Britain’s General Election...
The U.S. dollar continues to tumble against most of its rivals. The selloff is especially obvious against the Japanese yen, with the USDJPY pair...
The U.S. dollar continues to tumble against most of its rivals. The selloff is especially obvious against the Japanese...
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