Elliott Wave Analysis of USDCAD – May 29th, 2023
USDCAD surged last week, helped by a drop in crude oil prices and rising expectations for another rate hike by the Fed. Can the...
USDCAD surged last week, helped by a drop in crude oil prices and rising expectations for another rate hike by the Fed. Can the...
USDCAD surged last week, helped by a drop in crude oil prices and rising expectations for another rate hike...
The SP500 achieved a weekly close above 4200 for the first time since August, 2022, while many still doubt that this rally has legs....
The SP500 achieved a weekly close above 4200 for the first time since August, 2022, while many still doubt...
In today's Elliott Wave update we examine two possible alternatives for the price of crude oil going forward as well as the right way...
In today's Elliott Wave update we examine two possible alternatives for the price of crude oil going forward as...
Bitcoin is down for the week along with stocks as investors switched to risk-off mode given the fast approaching debt ceiling deadline. Can the...
Bitcoin is down for the week along with stocks as investors switched to risk-off mode given the fast approaching...
Despite the fast approaching debt ceiling deadline, traders have yet to rush for a safe haven this week as gold is actually down a...
Despite the fast approaching debt ceiling deadline, traders have yet to rush for a safe haven this week as...
EURUSD is down by more than 300 pips in less than a month as traders weigh a possible rate hike pause, recession worries and...
EURUSD is down by more than 300 pips in less than a month as traders weigh a possible rate...
The US dollar keeps strengthening against the Canadian despite debt ceiling jitters and rising crude oil prices. How far is this rally going? Read...
The US dollar keeps strengthening against the Canadian despite debt ceiling jitters and rising crude oil prices. How far...
USDJPY is up a again this week, bringing its total gain in 2023 so far to over 750 pips. Can the debt ceiling deadline...
USDJPY is up a again this week, bringing its total gain in 2023 so far to over 750 pips....
The deadline for raising the US debt ceiling is fast approaching and the stock market is getting nervous. How much further can stocks drop...
The deadline for raising the US debt ceiling is fast approaching and the stock market is getting nervous. How...
We’ve already shown readers how Elliott Wave analysis helped us predict the sharp recovery in PNC Financial back in June, 2020. By April, 2021,...
We’ve already shown readers how Elliott Wave analysis helped us predict the sharp recovery in PNC Financial back in...
Bitcoin keeps trading in no-man's land around the $27k mark as neither the bulls nor the bears are able to get an edge. Which...
Bitcoin keeps trading in no-man's land around the $27k mark as neither the bulls nor the bears are able...
USDJPY rose to a new 2023 high as mixed signals from the Fed made forex traders wonder if a rate hike pause is really...
USDJPY rose to a new 2023 high as mixed signals from the Fed made forex traders wonder if a...
Crude oil gained almost $2 a barrel last week, but it was hardly enough to cheer the bulls, who have been beaten and bruised...
Crude oil gained almost $2 a barrel last week, but it was hardly enough to cheer the bulls, who...
Gold disappointed again last week as investors' appetite for risky assets such as stocks increased and caused an outflow from safe haven assets. Can...
Gold disappointed again last week as investors' appetite for risky assets such as stocks increased and caused an outflow...
USDCAD was down by over 150 pips at one point last week, but managed to recoup most of its losses and close on a...
USDCAD was down by over 150 pips at one point last week, but managed to recoup most of its...
EURUSD fell for the second week in a row, breaking through several intraday support levels. Where are the bears ultimately headed? Read in our...
EURUSD fell for the second week in a row, breaking through several intraday support levels. Where are the bears...
The SP500 rose past the 4200 mark last week before closing back below it again. Can we finally see a decisive breakout in the...
The SP500 rose past the 4200 mark last week before closing back below it again. Can we finally see...
Headquartered in Minneapolis, Minnesota, Graco Inc. develops and manufactures fluid-handling systems and products for industrial uses. The company was founded in 1926 and has been public...
Headquartered in Minneapolis, Minnesota, Graco Inc. develops and manufactures fluid-handling systems and products for industrial uses. The company was founded in...
In today's Elliott Wave update of Bitcoin we identify the key price level the bulls must protect in order to survive in the short-term....
In today's Elliott Wave update of Bitcoin we identify the key price level the bulls must protect in order...
Gold is falling despite recession worries and a widely anticipated pause in the Fed's rate hiking campaign. Is there a support in sight? See...
Gold is falling despite recession worries and a widely anticipated pause in the Fed's rate hiking campaign. Is there...
Despite wide expectations for a pause in the Fed's tightening campaign, USDJPY is up this week as the BOJ sticks to its ultra-loose policy....
Despite wide expectations for a pause in the Fed's tightening campaign, USDJPY is up this week as the BOJ...
In today's Elliott Wave update of WTI crude oil, we examine the commodity's 1h chart for clues about its short-term direction. A clear pattern...
In today's Elliott Wave update of WTI crude oil, we examine the commodity's 1h chart for clues about its...
After Elliott Wave analysis prepared us for the current drop in EURUSD, it is now giving a hint of where are the bears ultimately...
After Elliott Wave analysis prepared us for the current drop in EURUSD, it is now giving a hint of...
In today's Elliott Wave update we examine how this week's initial drop in USDCAD changes its short-term outlook, if at all.
In today's Elliott Wave update we examine how this week's initial drop in USDCAD changes its short-term outlook, if...
The SP500 keeps hovering in a tight range as investors increasingly worry about the approaching deadline for raising the debt ceiling. How does the...
The SP500 keeps hovering in a tight range as investors increasingly worry about the approaching deadline for raising the...
Leading defense contractor Lockheed Martin has been a great long-term investment for well over a decade now. The stock is up 687% from its...
Leading defense contractor Lockheed Martin has been a great long-term investment for well over a decade now. The stock...
The price of WTI crude oil fell for the fourth straight week as recession fears kept intensifying despite the expected Fed rate hike pause....
The price of WTI crude oil fell for the fourth straight week as recession fears kept intensifying despite the...
Less than eight months ago, in September, 2022, Alphabet dropped below the $100 a share mark. The stock was already down by a third...
Less than eight months ago, in September, 2022, Alphabet dropped below the $100 a share mark. The stock was...
USDJPY rose slightly last week, helped by decelerating April inflation and despite expectations for a pause in the Fed's rate hike cycle. Can the...
USDJPY rose slightly last week, helped by decelerating April inflation and despite expectations for a pause in the Fed's...
The price of gold dipped slightly last week despite CPI data showing that US inflation decelerated in April. Can the yellow metal still reach...
The price of gold dipped slightly last week despite CPI data showing that US inflation decelerated in April. Can...
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