Elliott Wave Analysis of USDCAD – August 28th, 2023
Last week, USDCAD closed above 1.3600 for the first time in three months on the back of rising treasury yields and a dip in...
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.
Last week, USDCAD closed above 1.3600 for the first time in three months on the back of rising treasury yields and a dip in...
Last week, USDCAD closed above 1.3600 for the first time in three months on the back of rising treasury...
EURUSD extended its losing streak to six weeks in a row and closed below the 1.0800 mark in the last full week of August,...
EURUSD extended its losing streak to six weeks in a row and closed below the 1.0800 mark in the...
USDJPY is down this week despite rising yields on long-term government bonds as traders already look forward to September's BOJ decision. In today's Elliott...
USDJPY is down this week despite rising yields on long-term government bonds as traders already look forward to September's...
USDCAD has hardly moved since the start of the week despite rising treasury yields and falling crude oil prices. Where's the pair headed to...
USDCAD has hardly moved since the start of the week despite rising treasury yields and falling crude oil prices....
Rising treasury yields make the US dollar more attractive and put pressure on its currency rivals, EURUSD included. The pair is sliding just as...
Rising treasury yields make the US dollar more attractive and put pressure on its currency rivals, EURUSD included. The...
USDJPY looked determined to conquer the 146.00 mark last week, but failed to maintain momentum and had to settle for a close at 145.41....
USDJPY looked determined to conquer the 146.00 mark last week, but failed to maintain momentum and had to settle...
USDCAD keeps rising in August and is now up by over 450 pips since mid-July. Can the pair add a sixth week to its...
USDCAD keeps rising in August and is now up by over 450 pips since mid-July. Can the pair add...
EURUSD was down by over 100 pips at one point last week and despite the bulls' best efforts, the pair closed in negative territory...
EURUSD was down by over 100 pips at one point last week and despite the bulls' best efforts, the...
USDJPY came close to the 146.00 mark yesterday and is now up for the third week in a row. How far can the bulls...
USDJPY came close to the 146.00 mark yesterday and is now up for the third week in a row....
USDCAD is trading in the green for the fifth week in a row, up by over 400 pips from last month's low. Can the...
USDCAD is trading in the green for the fifth week in a row, up by over 400 pips from...
In today's Elliott Wave update of EURUSD we examine a trading setup with a very attractive risk/reward ratio and a specific invalidation level.
In today's Elliott Wave update of EURUSD we examine a trading setup with a very attractive risk/reward ratio and...
USDCAD briefly exceeded the 1.3500 mark last week before closing below 1.3450 on Friday. In today's Elliott Wave analysis we examine both the bullish...
USDCAD briefly exceeded the 1.3500 mark last week before closing below 1.3450 on Friday. In today's Elliott Wave analysis...
USDJPY surged sharply last week as reaccelerating inflation strengthened the case for more rate hikes by the Fed going forward. What's left of this...
USDJPY surged sharply last week as reaccelerating inflation strengthened the case for more rate hikes by the Fed going...
EURUSD closed in negative territory for the fourth straight week as US inflation reaccelerated and likely brought more Fed rate hikes to the table....
EURUSD closed in negative territory for the fourth straight week as US inflation reaccelerated and likely brought more Fed...
USDJPY is up by over 150 pips so far this week and is trading comfortably above the 143.00 mark as of this writing. Can...
USDJPY is up by over 150 pips so far this week and is trading comfortably above the 143.00 mark...
USDCAD pierced the 1.3500 mark earlier this week, but instead of accelerating to the upside, it tumbled by almost 100 pips. Is this a...
USDCAD pierced the 1.3500 mark earlier this week, but instead of accelerating to the upside, it tumbled by almost...
EURUSD is down a bit this week, but still trading above both a key support line and the invalidation level Elliott Wave analysis helped...
EURUSD is down a bit this week, but still trading above both a key support line and the invalidation...
EURUSD fell close to 1.0900 last week but the bulls managed to fight back and close the session above 1.1000 on Friday. Is the...
EURUSD fell close to 1.0900 last week but the bulls managed to fight back and close the session above...
The inverse correlation between USDCAD and the price of crude oil seems broken as the two have been rising in tandem for weeks now....
The inverse correlation between USDCAD and the price of crude oil seems broken as the two have been rising...
USDJPY tried but failed to climb above 144.00 last week after the Bank of Japan showed that it was capable of change after all....
USDJPY tried but failed to climb above 144.00 last week after the Bank of Japan showed that it was...
EURUSD is down for the week despite Fitch's downgrade of the US credit rating. In today's Elliott Wave update we examine two possible alternatives...
EURUSD is down for the week despite Fitch's downgrade of the US credit rating. In today's Elliott Wave update...
USDCAD seems to defy logic, climbing alongside crude oil even as Fitch just downgraded the credit rating of the United States. Can the rally...
USDCAD seems to defy logic, climbing alongside crude oil even as Fitch just downgraded the credit rating of the...
Fitch surprisingly downgraded the credit rating of the United States, dragging the US dollar down against its rivals. Can the plunge continue in USDJPY?...
Fitch surprisingly downgraded the credit rating of the United States, dragging the US dollar down against its rivals. Can...
USDCAD closed marginally higher for the second week in a row despite the accompanying rise in crude oil prices and less hawkish Fed. Can...
USDCAD closed marginally higher for the second week in a row despite the accompanying rise in crude oil prices...
It was a volatile week for USDJPY after the BOJ tweaked its policy to allow 10-year yields to rise up to 1%. How does...
It was a volatile week for USDJPY after the BOJ tweaked its policy to allow 10-year yields to rise...
Last week, EURUSD dipped to the support area, which Elliott Wave analysis had helped us identify the week before. Where is the pair likely...
Last week, EURUSD dipped to the support area, which Elliott Wave analysis had helped us identify the week before....
EURUSD, the most traded forex pair, will certainly be an important battlefield between bulls and bears after today's Fed rate decision. Who's more likely...
EURUSD, the most traded forex pair, will certainly be an important battlefield between bulls and bears after today's Fed...
USDJPY is down this week as traders look forward to today's interest rate decision. Is the pair going to keep sliding post-Fed? Read in...
USDJPY is down this week as traders look forward to today's interest rate decision. Is the pair going to...
USDCAD is down by about 50 pips this week as traders brace for the Fed's interest rate decision and Jay Powell's comments later today....
USDCAD is down by about 50 pips this week as traders brace for the Fed's interest rate decision and...
USDJPY surged sharply last week on expectations that the Bank of Japan will abstain from any changes to its ultra-loose policy next week. In...
USDJPY surged sharply last week on expectations that the Bank of Japan will abstain from any changes to its...
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