Elliott Wave Analysis of Crude Oil – June 8th, 2026
Crude oil lost most of its earlier gains last week on Iran de-escalation hopes and weakening China demand. In today's analysis we decipher the...
Crude oil lost most of its earlier gains last week on Iran de-escalation hopes and weakening China demand. In today's analysis we decipher the...
Crude oil lost most of its earlier gains last week on Iran de-escalation hopes and weakening China demand. In...
Gold prices tumbled last week after stronger-than-expected NFP data improves the case for higher interest rates going forward. Is a new record high still...
Gold prices tumbled last week after stronger-than-expected NFP data improves the case for higher interest rates going forward. Is...
Bitcoin fell to its lowest level since October, 2024, as hype is apparently leaving crypto for AI. Is there a support in sight for...
Bitcoin fell to its lowest level since October, 2024, as hype is apparently leaving crypto for AI. Is there...
Good news is bad news again after the SP500 fell 2.6% last week on high rate fears following stronger-than-expected labor market data. Is this...
Good news is bad news again after the SP500 fell 2.6% last week on high rate fears following stronger-than-expected...
USDCAD rose more than 1% last week after strong NFP data paved the way for rates to stay higher for longer. Are we in...
USDCAD rose more than 1% last week after strong NFP data paved the way for rates to stay higher...
In a move Elliott Wave put us ahead of, EURUSD fell 1.2% last week after NFP came in stronger than expected. How much further...
In a move Elliott Wave put us ahead of, EURUSD fell 1.2% last week after NFP came in stronger...
USDJPY closed a weekly trading session above 160.00 for the first time since March after stronger than expected labor data. Can the bulls hold...
USDJPY closed a weekly trading session above 160.00 for the first time since March after stronger than expected labor...
USDJPY finished in negative territory for the third straight week on rather dovish remarks by Fed Chair Jerome Powell. Is the uptrend officially over?...
USDJPY finished in negative territory for the third straight week on rather dovish remarks by Fed Chair Jerome Powell....
EURUSD briefly peeked above the 1.1000 mark, before falling back down to close the week below 1.0900. Can the pair's recovery continue in December?...
EURUSD briefly peeked above the 1.1000 mark, before falling back down to close the week below 1.0900. Can the...
Gold surged sharply again last week and is now on the verge of breaching the resistance at $2075 and reaching a new all-time record....
Gold surged sharply again last week and is now on the verge of breaching the resistance at $2075 and...
The well-known inverse correlation between USDCAD and crude oil seems to be no longer at work as the two have been falling in tandem...
The well-known inverse correlation between USDCAD and crude oil seems to be no longer at work as the two...
The bulls fought a good fight, but still couldn't prevent WTI crude oil from extending its losing streak to six weeks in a row....
The bulls fought a good fight, but still couldn't prevent WTI crude oil from extending its losing streak to...
The SP500 had its best month in three years in November, surging by nearly 9% on bets that the Fed might start cutting interest...
The SP500 had its best month in three years in November, surging by nearly 9% on bets that the...
Bitcoin seems to be settling above the $38k mark, but the bulls are visibly not as strong as they used to in October. Is...
Bitcoin seems to be settling above the $38k mark, but the bulls are visibly not as strong as they...
Falling treasury yields are dragging USDCAD down with them as forex traders no longer expect the Fed to keep raising interest rates. Is there...
Falling treasury yields are dragging USDCAD down with them as forex traders no longer expect the Fed to keep...
EURUSD briefly peeked above the 1.1000 mark, but a decisive breakout is a far from certain, despite falling US treasury yields. Is the bulls'...
EURUSD briefly peeked above the 1.1000 mark, but a decisive breakout is a far from certain, despite falling US...
The price of crude oil is up in anticipation of OPEC's meeting on November 30th as traders bet on prolonged supply cuts. In our...
The price of crude oil is up in anticipation of OPEC's meeting on November 30th as traders bet on...
Long-term treasury yields are dropping and taking the dollar down with them with USDJPY being one of the casualties. Can the pair rebound soon?...
Long-term treasury yields are dropping and taking the dollar down with them with USDJPY being one of the casualties....
Gold is up sharply this week and is now closing in on a new 2023 high. Is a new all-time high next? Read in...
Gold is up sharply this week and is now closing in on a new 2023 high. Is a new...
Volatility is finally back to pre-pandemic lows as the SP500 has hardly moved during the first two days of this week heading into December....
Volatility is finally back to pre-pandemic lows as the SP500 has hardly moved during the first two days of...
The price of Bitcoin briefly peeked above the $38k mark, but couldn't reach escape velocity and returned back below it. Is this a symptom...
The price of Bitcoin briefly peeked above the $38k mark, but couldn't reach escape velocity and returned back below...
November is shaping up as another bad month for crude oil bulls as the price fell in each of the four weekly trading sessions...
November is shaping up as another bad month for crude oil bulls as the price fell in each of...
The price of gold finished Thanksgiving week above the $2000 mark as peak rates expectations made non-yield assets look more attractive. Can the surge...
The price of gold finished Thanksgiving week above the $2000 mark as peak rates expectations made non-yield assets look...
EURUSD added more gains to its already impressive November tally last week. Can we expect more of the same in December? Read in our...
EURUSD added more gains to its already impressive November tally last week. Can we expect more of the same...
Things looked really bad for USDJPY bulls at one point last week when the pair was down by 250 pips. They managed to regroup,...
Things looked really bad for USDJPY bulls at one point last week when the pair was down by 250...
November is shaping up as a bad month for USDCAD bulls, who suffered losses in three of the last four weeks. Can they turn...
November is shaping up as a bad month for USDCAD bulls, who suffered losses in three of the last...
November is shaping up as one for the record books as the SP500 added more gains to its monthly tally in the week of...
November is shaping up as one for the record books as the SP500 added more gains to its monthly...
Bitcoin has formed a tight trading range between $38k and $35k, but no range lasts forever, especially in the volatile crypto market. Can a...
Bitcoin has formed a tight trading range between $38k and $35k, but no range lasts forever, especially in the...
Despite the numerous ups and downs, USDCAD is practically unchanged since the beginning of the week, hovering around 1.3720. In today's Elliott Wave update...
Despite the numerous ups and downs, USDCAD is practically unchanged since the beginning of the week, hovering around 1.3720....
EURUSD bulls are taking a break following the impressive run they had last week. In today's Elliott Wave update we identify the key level...
EURUSD bulls are taking a break following the impressive run they had last week. In today's Elliott Wave update...
WTI crude oil is up this week as traders brace for additional production cuts to be announced at OPEC's meeting over the weekend. How...
WTI crude oil is up this week as traders brace for additional production cuts to be announced at OPEC's...
USDJPY is trading in negative territory for the second straight week after the bulls got discouraged by the resistance near 152.00. Can they regroup...
USDJPY is trading in negative territory for the second straight week after the bulls got discouraged by the resistance...
The price of gold climbed back above the $2000 mark and the bulls seem determined to finish November on a positive note. Is it...
The price of gold climbed back above the $2000 mark and the bulls seem determined to finish November on...
The SP500 is up for the fourth week in a row and already approaching fresh 2023 highs. Is a pullback near, though? Read in...
The SP500 is up for the fourth week in a row and already approaching fresh 2023 highs. Is a...
BTCUSD's ascent was once again stopped at the $38k mark after the SEC delayed its decision on the first Bitcoin ETF to 2024. Can...
BTCUSD's ascent was once again stopped at the $38k mark after the SEC delayed its decision on the first...
USDJPY tried and failed to exceed 152.00 again last week after weak labor data and lower inflation made another rate hike even less likely....
USDJPY tried and failed to exceed 152.00 again last week after weak labor data and lower inflation made another...
Crude oil finished in the red for the fourth straight week on weak economic data from the US and Asia and abundant inventories. This...
Crude oil finished in the red for the fourth straight week on weak economic data from the US and...
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