Forex

EURUSD is down so far this week and our invalidation level remains intact. This means pair keeps going according to the Elliott Wave plan....

USDCAD found support and bounced up last week following stronger-than-expected jobs and wage growth data from the US. Can the recovery continue and how...

USDJPY bulls found their mojo again last week after stronger-than-expected jobs market data made the case for additional Fed rate hikes. Is this just...

EURUSD exceeded the psychological mark of 1.1000 last week, but the strong US jobs data quickly cooled the bulls' enthusiasm. How far can the...

EURUSD is practically unchanged since the start of the week as forex traders await today's key Fed interest rate decision. In today's Elliott Wave...

USDCAD spiked sharply yesterday, but the bulls couldn't kickstart a meaningful uptrend and eventually gave all their gains away in short order. Can the...

USDJPY remains range-bound ahead of today's key interest rate decision by the Federal Reserve. Where is the pair headed to afterwards? In today's Elliott...

The Bank of Japan's indecisiveness helped USDJPY notch up a second straight weekly gain, despite expectations for a less aggressive Fed going forward. In...

USDCAD fell again to touch the 1.3300 mark last week, before closing a little higher on Friday. How much lower are the bears willing...

Last week, EURUSD touched the 1.0900 mark for the first time in nine months as it seems even Europe might just avoid a recession...

Eurozone inflation finally dipped back to single digits in December 2022 and it looks like the economy might avoid a recession after all. Meanwhile,...

USDJPY is up for the second straight week as the market is trying to decipher mixed messages from both the Fed and the Bank...

USDCAD is down slightly so far this week, apparently ignoring its well-known inverse correlation with crude oil prices, which also fell. In today's Elliott...

Despite the initial recovery to 1.3521, USDCAD failed to maintain the positive momentum and closed in negative territory last week. In today's Elliott Wave...

EURUSD kept rising last week and reached the vicinity of the 1.0900 mark. There is a very strong resistance in that area, though. Can...

The Bank of Japan stubbornly left its ultra-loose monetary policy in place last week, surprising USDJPY traders to the upside. Would that be enough...

EURUSD is little changed since the start of the week, hovering around multi-month highs near 1.0850. In what direction is it likely to move...

USDCAD is taking its inverse correlation with the price of oil into account so far this week, dropping while the commodity rises. Can the...

USDJPY jumped today after the Bank of Japan decided to stick to its controversial yield control policy, defying market expectations. How does this rally...

USDCAD barely held above 1.3320 after last week's US inflation report, but then recouped some of its losses to close in the vicinity of...

EURUSD surged sharply last week after the latest US CPI report showed inflation eased again in the final month of 2022. Is this the...

USDJPY plunged sharply last week following a CPI report that showed US inflation slowed down again in last month of 2022. How low can...

EURUSD exceeded 1.0760 earlier this week, up almost 13% from the two-decade low at 0.9536 the pair reached in late-September, 2022. Can the rally...

USDJPY is trying to build on last week's recovery and is slightly up this week, as well, ahead of tomorrow's important CPI for December....

USDCAD barely held above 1.3350 earlier this week, but is back above 1.3430 now ahead of tomorrow's CPI report for December. Where's the pair...

Most currencies didn’t do well against the US dollar last year, but few did worse that the British pound. At the start of 2022,...

Despite the well-known inverse correlation between USDCAD and crude oil prices, both the pair and the commodity plunged last week. Here's how this drop...

EURUSD started 2023 with a sharp plunge below 1.0500, but managed to recoup most of its losses by the end of the first trading...

USDJPY found support at 129.50 and closed above 132.00 last week despite expectations for a less aggressive Fed going forward. Can the bulls build...

In today's Elliott Wave update we identify the two most likely paths USDJPY can take, as well as the key price level that separates...