Forex

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....

GBPJPY and EURJPY tend to show a strong correlation in terms of price swings. This means their charts look alike quite often. Yesterday we...

The bulls took control of GBP JPY in the middle of October. The recent rally began from 168 and now, less than a month...

AUD USD made its last top at 1.1080 in the end of July 2011. These figures have remained untouched for more than three years,...

The last time we mentioned NZD USD in a forecast was on October 27th. In an article, called “NZDUSD ready to resume downtrend?” we assumed...

Yesterday the EURUSD forex pair made another new low and the bears are probably getting more and more confident. But even the strongest of...

Today, on October 31, 2014, the Central Bank of Japan announced that it will expand its stimulus program in order to prevent deflation. After the...

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...