Forex

Yesterday, on October 29, 2014, the FOMC announced the end of the quantitative easing (QE) program. After the announcement the US dollar rose sharply...

A sharp reversal occurred shortly after NZDUSD reached the 0.80 mark. Is this the first stage of the downtrend resumption or just another corrective...

On September 23rd we gave you our short-term outlook on GBPUSD in an article, called “Intraday Weakness for GBPUSD Rate”. The chart below gave...

Twelve days ago, on October 2nd, we published a forecast, called “GBPCHF to return to 1.53”, where we stated that the pair looks vulnerable....

Deutsche Bank predicts 0.9500 for EURUSD by the end of 2017. According to Goldman Sachs Group Inc., the Euro will reach parity with the...

EUR USD rate touched 1.25 on Friday last week, but managed to recover and is currently trading around 1.2640. How high should traders expect this...

USD JPY dropped by more than 200 pips last week, but managed to recover almost completely. Is this a sign of the bull’s strength...

“Do I see a pattern I recognize?” is the question every Elliott Wave analysis should begin with. The 1-hour chart of GBPCHF gives us...

USD JPY has been in a strong uptrend for the last two months. Is it time for the bulls to take a rest? Traders...

On July 10th 2014 NZD USD hit 0.8833. Today, September 29th, the exchange rate touched 0.7704. Could this 1100-pip move be predicted? Yes, it...

July 24th 2012. The Eurozone is trembling in an unseen debt crisis. In the same time the Euro barely manages to stay above 1.20...

AUDUSD lost more than 500 pips since the beginning of July. “Should we expect a reversal or the decline is set to extend?” is...

The GBPUSD exchange rate dropped by more than 1100 pips during the last two months. Traders are probably wondering if it is time for...

The AUDUSD currency pair fell by more than 100 pips during the last two days. This forecast suggests that the weakness is not over....

USDCAD declined as expected. Another drop-off is probable before the recovery starts. Traders may find this article helpful.  USDCAD was close to 1.10, when...

According to the Elliott Wave Principle, trends move in waves – five waves in the direction of the larger trend, followed by three waves...

On July 2nd we published “USDRUB ready to resume the uptrend”, saying that “having the wave structure and the Fibonacci level in mind, we...

“There is still some room for NZDUSD to reach 0.8850 – 0.8900, but if this happens, it should not be taken as a bullish...

If you have been studying the Elliott Wave Principle, you probably know that once you have a complete five-wave sequence, you should expect a...

USD JPY has been extending its correction a few times during the last six months. Nevertheless, it was unable to reach 104.95 so far,...

It was 3rd July 2014, when we said that AUDUSD begins a corrective decline. Things have been going according to plan so far, with...

The area around 101.00 proved to be a very strong support level for USD JPY, since the pair jumped up from it three times...

It has been a long way down for EUR USD since the last major top, which occurred near 1.40.  Currently around 1.3350, the time...

GBPCHF has been in a strong uptrend for a long time now, but recently fell down from 1.5430 to 1.5209. Should you buy the...

On May 17th we published a long-term forecast called “GBPUSD, not as optimistic as it seems“. In that material we assumed that GBPUSD is...

On July 23rd we showed you a forecast of GBP JPY, saying that there should be one more wave left to the south before...

On July 24th, we showed you a forecast of the AUD USD currency pair, saying that “we expect another sell-off in AUD USD soon....

On July 14th we published an intraday analysis of GBPUSD, titled “GBPUSD with one last move to the north”. In that piece of material...

What every Elliott Wave analyst wants to see is a five-wave sequence, followed by a three-wave decline. In other words, the common 5-3 Elliott Wave...

On the hourly chart of AUDUSD we can see the typical 5-3 Elliott Wave cycle. The interesting thing is in the shape of wave...