Forex

USDCAD is starting the year on a positive note after it gained 140 pips in just the first two trading days of 2023. How...

EURUSD is dropping in the first days of 2023 after inflation data from Spain and Germany decreased the pressure on the ECB to raise...

USDCAD fell during the last week of 2022, but still closed the year significantly higher than where it had started it. Can the rally...

EURUSD finished 2022 on a positive note with a Santa rally of almost 100 pips and a close above the 1.0700 mark on Friday,...

The fourth quarter saw USDJPY cutting its 2022 gains in more than half. Is the crash poised to continue into 2023 and how low...

Despite the well-documented inverse correlation between crude oil prices and USDCAD, both are down for the week so far.

Elliott Wave Update of USDCAD – December 28, 2022

EW Pro Forex 28 Dec 22

Despite the well-documented inverse correlation between crude oil prices and USDCAD, both are down for the week so far....

One area where a Santa rally is actually materializing seems to be USDJPY, which climbed 1.2% to 134.40 earlier this week. Can the rally...

EURUSD is up slightly for the week so far, but remains in a tight trading range between 1.0580 and 1.0670. Can the pair leave...

USDCAD took its inverse correlation with crude oil into account and fell last week as WTI prices rose by nearly $5 a barrel. Can...

EURUSD didn't change much in the week leading up to Christmas, still on schedule to close the second part of 2022 in positive territory....

USDJPY plunged sharply last week after the Bank of Japan surprised markets with a small but significant policy tweak on Monday. How does this...

EURUSD is up slightly so far this week while our primary Elliott Wave count remains intact. Take a look at it in our latest...

In today's USDCAD Elliott Wave update we highlight an important support/resistance line and identify a stop-loss level.

The Bank of Japan's surprising tweak in its bond yield controls caught the market off guard on Monday and dragged USDJPY to a new...

EURUSD came close to 1.0740 last week, but the bulls' enthusiasm was quickly cooled by the Federal Reserve's renewed hawkish stance. Can the pair's...

USDJPY recouped all its initial losses last week after the Fed stated there are more interest rate hikes on the way. How high can...

USDCAD surged last week, helped by the Fed's renewed hawkish tone and expectations for more interest rate hikes going forward. Where are the bulls...

In today's Elliott Wave update of EURUSD we identify the key price level to keep an eye on for trading purposes ahead of the...

November's CPI report caused a sharp selloff in USDJPY yesterday as traders expect a less hawkish Federal Reserve going forward. Where is the pair...

Yesterday's November CPI report resurrected hopes for a less hawkish Fed and dragged the dollar down as a result. USDCAD is also down for...

USDCAD surged sharply last week as forex traders prepare for another Fed rate hike to strengthen the greenback. Is there a resistance in sight?...

EURUSD remained mostly unchanged last week as forex traders await the Federal Reserve's interest rate decision on December 14th. Elliott Wave analysis is already...

USDJPY climbed last week as forex traders prepare for a 50-basis-point rate hike by the Federal Reserve on December 14th. Is that a strong...

USDCAD is up sharply this week as renewed recession talks pushes investors towards the presumed safety of the US dollar. In our latest Elliott...

EURUSD nearly breached the 1.0600 mark earlier this week, but suddenly lost momentum in a reversal Elliott Wave analysis helped us predict. How low...

USDJPY is trying to recover from the 12% plunge it recently suffered. Can the bulls reach a new high or is this just a...

USDJPY surged sharply in 2021, but has really been skyrocketing in 2022. The pair started this year from 115.11 in January. Ten months later...

EURUSD surged again last week on the back of smaller Fed rate hike expectations going forward. Is it all clear for the bulls from...

USDJPY plunged sharply last week after less hawkish comments by Fed Chairman Jerome Powell encouraged traders to bet against it. Is there a bottom...

USDCAD surged to almost 1.3650 last week, but the bulls were stopped at an important resistance line. Can they return to breach it this...