Elliott Wave Analysis of USDCAD – July 6th, 2026
USDCAD eked out a small weekly gain as June turned into July even after US non-farm payrolls came in soft. Should traders join the...
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.
USDCAD eked out a small weekly gain as June turned into July even after US non-farm payrolls came in soft. Should traders join the...
USDCAD eked out a small weekly gain as June turned into July even after US non-farm payrolls came in...
One of the first things people learn about Elliott Wave analysis is that five-wave impulse patterns point in the direction of the larger trend....
One of the first things people learn about Elliott Wave analysis is that five-wave impulse patterns point in the...
While EURUSD lost 2.8% in the first half of 2026, trends rarely last very long between major forex pairs. Can a reversal be expected...
While EURUSD lost 2.8% in the first half of 2026, trends rarely last very long between major forex pairs....
USDJPY reached a new 40-year high this week despite growing intervention expectations. Should traders keep testing the BOJ's patience? Read in our latest Elliott...
USDJPY reached a new 40-year high this week despite growing intervention expectations. Should traders keep testing the BOJ's patience?...
USDCAD gained 2%, or more than 280 pips, in Q2 as the inverse correlation with crude oil went into effect amid Iran peace talks....
USDCAD gained 2%, or more than 280 pips, in Q2 as the inverse correlation with crude oil went into...
In a drop Elliott Wave analysis put us ahead of, EURUSD fell to its lowest in more than a year last week on hawkish...
In a drop Elliott Wave analysis put us ahead of, EURUSD fell to its lowest in more than a...
USDJPY equaled its multi-decade high reached in mid-2024 despite BOJ intervention talks. Can the uptrend simply continue or should we brace for a reversal?...
USDJPY equaled its multi-decade high reached in mid-2024 despite BOJ intervention talks. Can the uptrend simply continue or should...
USDCAD climbed for the fourth week in a row and is up 2.9% in June so far. How much further can the pair rise...
USDCAD climbed for the fourth week in a row and is up 2.9% in June so far. How much...
EURUSD is down by more than 120 pips this week already amid the ongoing divergence between a booming US economy and the stagnant Eurozone....
EURUSD is down by more than 120 pips this week already amid the ongoing divergence between a booming US...
In today's update of USDJPY we put the current rally in Elliott Wave context as the BOJ is also giving signs that it will...
In today's update of USDJPY we put the current rally in Elliott Wave context as the BOJ is also...
USDCAD is up for the fourth week in a row and trading above 1.4200 for the first time in more than a year. Can...
USDCAD is up for the fourth week in a row and trading above 1.4200 for the first time in...
EURUSD lost almost 100 pips last week as strong US economic data and rising inflation led to a more hawkish Fed than expected. Is...
EURUSD lost almost 100 pips last week as strong US economic data and rising inflation led to a more...
USDCAD rose for the third week in a row to close confidently above the 1.40 psychological resistance level. Can the bulls keep pushing and...
USDCAD rose for the third week in a row to close confidently above the 1.40 psychological resistance level. Can...
USDJPY came close to a new 40-year high last week despite a BOJ rate hike and intervention talk. Is this a good time to...
USDJPY came close to a new 40-year high last week despite a BOJ rate hike and intervention talk. Is...
EURUSD is up this week ahead of FOMC's interest rate decision later today. In today's Elliott Wave update we discuss if those gains can...
EURUSD is up this week ahead of FOMC's interest rate decision later today. In today's Elliott Wave update we...
USDCAD is trading at the 1.4000 resistance level ahead of FOMC's first rate decision under Chairman Warsh. Can the pair keep climbing is a...
USDCAD is trading at the 1.4000 resistance level ahead of FOMC's first rate decision under Chairman Warsh. Can the...
USDJPY has barely moved since the start of the week as both bulls and bears wonder if a decisive breach of the 160.00 resistance...
USDJPY has barely moved since the start of the week as both bulls and bears wonder if a decisive...
USDCAD rose again last week, but it has yet to achieve a meaningful break above the key 1.4000 resistance area. Are the bears going...
USDCAD rose again last week, but it has yet to achieve a meaningful break above the key 1.4000 resistance...
EURUSD rose last week after the ECB decided to raise interest rates by 25 bps in response to higher inflation stemming from the Iran...
EURUSD rose last week after the ECB decided to raise interest rates by 25 bps in response to higher...
USDJPY lost a few pips last week, but continues to trade in the 160.00 resistance area. Can the bulls escape its gravity soon or...
USDJPY lost a few pips last week, but continues to trade in the 160.00 resistance area. Can the bulls...
USDCAD is down a bit this week, just when the bulls thought they were finally going to break the 1.40 resistance. Can they do...
USDCAD is down a bit this week, just when the bulls thought they were finally going to break the...
EURUSD is trying to recoup last week's sharp losses, but the bulls still have a long way to go. In today's Elliott Wave update...
EURUSD is trying to recoup last week's sharp losses, but the bulls still have a long way to go....
USDJPY is up for the fifth week in a row as the bulls hold their ground above the key 160.00 mark. In today's Elliott...
USDJPY is up for the fifth week in a row as the bulls hold their ground above the key...
USDCAD rose more than 1% last week after strong NFP data paved the way for rates to stay higher for longer. Are we in...
USDCAD rose more than 1% last week after strong NFP data paved the way for rates to stay higher...
In a move Elliott Wave put us ahead of, EURUSD fell 1.2% last week after NFP came in stronger than expected. How much further...
In a move Elliott Wave put us ahead of, EURUSD fell 1.2% last week after NFP came in stronger...
USDJPY closed a weekly trading session above 160.00 for the first time since March after stronger than expected labor data. Can the bulls hold...
USDJPY closed a weekly trading session above 160.00 for the first time since March after stronger than expected labor...
EURUSD is drifting lower this week on safe-haven demand for the US dollar amid persisting Middle East military tensions. How much further can the...
EURUSD is drifting lower this week on safe-haven demand for the US dollar amid persisting Middle East military tensions....
USDCAD is up this week as persisting Middle East tensions push investors towards the relative safety of the US dollar. Can June be expected...
USDCAD is up this week as persisting Middle East tensions push investors towards the relative safety of the US...
USDJPY is on the verge of 160.00 ahead of today's speech by BOJ governor Ueda amid mounting intervention pressures. Are the bulls in danger...
USDJPY is on the verge of 160.00 ahead of today's speech by BOJ governor Ueda amid mounting intervention pressures....
EURUSD dipped by 0.6% in May, a result similar to its 2026 performance so far. In today's Elliott Wave analysis we identify the key...
EURUSD dipped by 0.6% in May, a result similar to its 2026 performance so far. In today's Elliott Wave...
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