Elliott Wave Update of EURUSD – May 11th, 2022
The support near 1.0500 has slowed the selloff in EURUSD, but how much longer can it prevent the pair from dropping further? What is...
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.
The support near 1.0500 has slowed the selloff in EURUSD, but how much longer can it prevent the pair from dropping further? What is...
The support near 1.0500 has slowed the selloff in EURUSD, but how much longer can it prevent the pair...
USDJPY made a new high earlier this week, but the bulls seem to be finding it harder and harder to maintain momentum. Is a...
USDJPY made a new high earlier this week, but the bulls seem to be finding it harder and harder...
USDCAD reached heights last seen in late-2020 on the back of a decline in WTI crude oil prices. How high is the pair likely...
USDCAD reached heights last seen in late-2020 on the back of a decline in WTI crude oil prices. How...
USDCAD recovered from its post-Fed rate hike drop last week and finished above 1.2900 on Friday. Can the bulls finally breach that strong resistance...
USDCAD recovered from its post-Fed rate hike drop last week and finished above 1.2900 on Friday. Can the bulls...
EURUSD ended last week almost unchanged even after the Fed raised interest rates by half a point and signaled more such hikes to come....
EURUSD ended last week almost unchanged even after the Fed raised interest rates by half a point and signaled...
USDJPY reclaimed the 130.00 level last week following the Fed's first half-point rate hike since 2000. Where is the pair headed to next? That...
USDJPY reclaimed the 130.00 level last week following the Fed's first half-point rate hike since 2000. Where is the...
Despite the well-known inverse relationship between USDCAD and the price of oil, the two have moved up in tandem on numerous occasions...
Despite the well-known inverse relationship between USDCAD and the price of oil, the two have moved up...
EURUSD is mostly unchanged so far this week as traders await the Fed's interest rate decision later today. There is a key level to...
EURUSD is mostly unchanged so far this week as traders await the Fed's interest rate decision later today. There...
USDJPY seems to be slowing down after the phenomenal surge we saw in recent weeks. The uptrend is unfolding in a familiar Elliott Wave...
USDJPY seems to be slowing down after the phenomenal surge we saw in recent weeks. The uptrend is unfolding...
USDCAD appears on the verge of breaking out through a major resistance area between 1.2900 and 1.3000. Can the bulls pull that off or...
USDCAD appears on the verge of breaking out through a major resistance area between 1.2900 and 1.3000. Can the...
USDJPY exceeded the 130.00 mark in the final week of April and with a likely half-point rate hike by the Fed it is all...
USDJPY exceeded the 130.00 mark in the final week of April and with a likely half-point rate hike by...
As expected, EURUSD 's downtrend accelerated in the final week of April. The bearish target Elliott Wave analysis helped us identify weeks ago is...
As expected, EURUSD 's downtrend accelerated in the final week of April. The bearish target Elliott Wave analysis helped...
Just as Elliott Wave analysis predicted, USDCAD bulls registered another good week as April drew to a close. Can they keep pushing the pair...
Just as Elliott Wave analysis predicted, USDCAD bulls registered another good week as April drew to a close. Can...
Russia showed its willingness to weaponize energy by cutting gas supplies to Bulgaria as an apparent warning shot towards EU countries refusing to pay...
Russia showed its willingness to weaponize energy by cutting gas supplies to Bulgaria as an apparent warning shot towards...
USDJPY is finally slowing down after its phenomenal surge that led it to its highest level in 20 years. Can the pair exceed 130.00...
USDJPY is finally slowing down after its phenomenal surge that led it to its highest level in 20 years....
USDCAD is bouncing in sync with crude oil, although the inverse relationship between the two is well known. Elliott Wave analysis warned us...
USDCAD is bouncing in sync with crude oil, although the inverse relationship between the two is well known. ...
USDJPY is already knocking on the door of 130.00 as the BOJ is still pondering what to do in the face of strong inflation...
USDJPY is already knocking on the door of 130.00 as the BOJ is still pondering what to do in...
USDCAD opened at 1.2614 last week and after a decline to 1.2458, shot sharply up and closed at 1.2710 on Friday. Has the uptrend...
USDCAD opened at 1.2614 last week and after a decline to 1.2458, shot sharply up and closed at 1.2710...
EURUSD 's early recovery attempts last week failed following Jerome Powell's rate-hike comments. Does the euro even stand a chance in the months ahead?...
EURUSD 's early recovery attempts last week failed following Jerome Powell's rate-hike comments. Does the euro even stand a...
USDCAD is down so far this week, but still safely above its last major bottom at 1.2403. Should more upside be expected as long...
USDCAD is down so far this week, but still safely above its last major bottom at 1.2403. Should more...
The Bank of Japan has seemingly lost control of the situation as USDJPY continues its sharp ascent towards the 130 mark. An intervention by...
The Bank of Japan has seemingly lost control of the situation as USDJPY continues its sharp ascent towards the...
EURUSD is almost unchanged so far this week, but with all the macroeconomic and geopolitical issues out there, a sharp move is just a...
EURUSD is almost unchanged so far this week, but with all the macroeconomic and geopolitical issues out there, a...
EURUSD fell to a new low beneath 1.0800 last week as rising interest rates in the U.S. put pressure on the European currency. In...
EURUSD fell to a new low beneath 1.0800 last week as rising interest rates in the U.S. put pressure...
USDJPY kept climbing last week as few traders seem willing or brave enough to bet against the bulls. The Bank of Japan said it'll...
USDJPY kept climbing last week as few traders seem willing or brave enough to bet against the bulls. The...
USDCAD gained some ground again last week, but most traders are still unsure whether this is just a corrective recovery or the start of...
USDCAD gained some ground again last week, but most traders are still unsure whether this is just a corrective...
It is shaping up to be another week of weakness for EURUSD, as the European currency is facing multiple headwinds from the Ukraine war...
It is shaping up to be another week of weakness for EURUSD, as the European currency is facing multiple...
USDJPY just reached its highest level since 2002. While it is dangerous to bet against the trend, it is even more dangerous to blindly...
USDJPY just reached its highest level since 2002. While it is dangerous to bet against the trend, it is...
Even though crude oil is recovering, and despite its inverse relationship with USDCAD, the pair is rising, as well. How high can it go...
Even though crude oil is recovering, and despite its inverse relationship with USDCAD, the pair is rising, as well....
EURUSD fell again last week with rising inflation and a war threat pressing the pair from all sides. How low can it go before...
EURUSD fell again last week with rising inflation and a war threat pressing the pair from all sides. How...
USDCAD initially fell last week, touching a low of 1.2403 before bouncing up sharply to close at 1.2573 on Friday. Can the bulls maintain...
USDCAD initially fell last week, touching a low of 1.2403 before bouncing up sharply to close at 1.2573 on...
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