Forex

In our previous post about EURUSD we came up with the idea of a triangle correction in progress. The invalidation level for that count...

April was not the best of months for the bulls on USDCAD. Not only the March top of 1.2835 remained untouched, but the pair fell...

We have already shown you “how to recognize an unreliable support” by using the Elliott Wave Principle. The thing is that this support, once...

After falling to 1.0460 in the middle of March, the bulls on EURUSD managed to fight back, which led the pair to 1.1050 in...

“Wave C, which is currently under construction, does not look finished yet.” That is what we said on January 9th in “Decoding EURCAD’s Strange...

The Great Britain pound proved to be stronger than the Japanese yen after the FED’s minutes last week, when GBPJPY jumped sharply from 177.10...

In the beginning of February, we posted a forecast of EURAUD, called “EURAUD Ready For Another Sell-Off”. In that material we applied the Elliott...

We have been waiting for a bottom in EURGBP for quite a while now. In our previous analysis of this pair – “EURGBP Could...

GBPUSD formed a bottom at 1.4950 on January 23rd. Some 20 days later, the pair climbed above 1.54. Should we expect the recovery to...

More than a month ago, on January 10th, we posted “NZDJPY Has Four Technical Reasons To Fall”, saying that “NZDJPY should soon be expected...

“Wave (B) could take the form of a triangle or an expanding flat. It is too early to say what it will be right...

It’s been 7 months since we published “NZDUSD Approaching a Major Resistance” on June 30th, 2014. The forecast assumed NZDUSD is getting close to...

Both the euro and the Australian dollar fell victims to the US dollar, but it is interesting to see the perspective, when they face...

“102.84 could turn out to be a major top, because AUDJPY may have just made the first step of a long journey to the south.” This...

“The second scenario assumes the pair could still be in a larger sideways correction, a triangle for example. If this is the case, the...

If you are a technical analyst you have probably heard that we, chartists, cannot predict long term movements in the market, because the big...

The EUR GBP exchange rate went below 0.77 today, which is its lowest level since March 2008. To many this may be a reason to get...

The NZDJPY exchange rate took a hard hit during the crash of 2007-2009, falling down from the heights of 97.70 to as low as...

“Wave (5) could extend the pair’s weakness a little more, but eventually EURCAD should start rising in wave II/B, which could lead the rate...

In one word: weakness. In the middle of the year GBPUSD reached above 1.70. Many economists were worried that the Pound’s strength may even...

“If this is the correct count, we should expect a recovery, which could take USDJPY up to the 120s again.” This is the last...

After a very strong performance by USD JPY, which almost led it to the 122 mark, the pair slipped down to about 115.50 as...

“We should not be surprised, if the support level around 100.00 gives up.” This is the last sentence of a forecast called “The Bears...

No-one would argue, that despite the optimistic first five months, the bulls on EURUSD were pretty much slaughtered this year. The never-ending clash between...

The USDJPY pair is the one, which probably shone the brightest in the FOREX market during 2014. In the beginning of the year, the...

A five-wave impulse followed by a three-wave correction is what every Elliottician is looking for. It seems that we have found one such pattern...

This article is not about how the market will react after today’s news. It is about how it is most likely to react, according to...

NZD USD is clearly in a consolidation. The exchange rate appears to be locked between 0.8030 and 0.7650 since the end of September. According to...

“If this is the correct count, USD CAD should exceed the top of 1.1316.” Do you remember, when you read this in “USDCAD: A Bullish Elliott...

AUDJPY declined in five waves from 105.40 in April 2013 to as low as 86.30 four months later, but has been recovering ever since....