Elliott Wave Update of USDCAD – January 11th, 2023
USDCAD barely held above 1.3350 earlier this week, but is back above 1.3430 now ahead of tomorrow's CPI report for December. Where's the pair...
USDCAD barely held above 1.3350 earlier this week, but is back above 1.3430 now ahead of tomorrow's CPI report for December. Where's the pair...
USDCAD barely held above 1.3350 earlier this week, but is back above 1.3430 now ahead of tomorrow's CPI report...
The SP500 is timidly rising ahead of tomorrow's CPI report for the month of December. Where are stocks likely to head after it and...
The SP500 is timidly rising ahead of tomorrow's CPI report for the month of December. Where are stocks likely...
Most currencies didn’t do well against the US dollar last year, but few did worse that the British pound. At the start of 2022,...
Most currencies didn’t do well against the US dollar last year, but few did worse that the British pound....
Bitcoin is slightly up during the first week of 2023, but still trading in a stubbornly tight range just under the $17k mark. Can...
Bitcoin is slightly up during the first week of 2023, but still trading in a stubbornly tight range just...
Despite the well-known inverse correlation between USDCAD and crude oil prices, both the pair and the commodity plunged last week. Here's how this drop...
Despite the well-known inverse correlation between USDCAD and crude oil prices, both the pair and the commodity plunged last...
EURUSD started 2023 with a sharp plunge below 1.0500, but managed to recoup most of its losses by the end of the first trading...
EURUSD started 2023 with a sharp plunge below 1.0500, but managed to recoup most of its losses by the...
USDJPY found support at 129.50 and closed above 132.00 last week despite expectations for a less aggressive Fed going forward. Can the bulls build...
USDJPY found support at 129.50 and closed above 132.00 last week despite expectations for a less aggressive Fed going...
WTI crude oil plunged in the first week of 2023 as traders focused on China's messy reopening rather than on the prospects for a...
WTI crude oil plunged in the first week of 2023 as traders focused on China's messy reopening rather than...
In a move the Elliott Wave principle helped us predict, the price of gold surged in the first week of 2023. Is the yellow...
In a move the Elliott Wave principle helped us predict, the price of gold surged in the first week...
December jobs data helped the SP500 close higher in the first week of the year as it is likely to discourage the Fed from...
December jobs data helped the SP500 close higher in the first week of the year as it is likely...
You don’t have to dig too deep to see that Victrex and Caterpillar don’t have much in common, but please bear with us. When...
You don’t have to dig too deep to see that Victrex and Caterpillar don’t have much in common, but...
The price of Bitcoin is up so far this week as bruised and beaten crypto investors hope to put a nightmarish 2022 behind. In...
The price of Bitcoin is up so far this week as bruised and beaten crypto investors hope to put...
In today's Elliott Wave update we identify the two most likely paths USDJPY can take, as well as the key price level that separates...
In today's Elliott Wave update we identify the two most likely paths USDJPY can take, as well as the...
USDCAD is starting the year on a positive note after it gained 140 pips in just the first two trading days of 2023. How...
USDCAD is starting the year on a positive note after it gained 140 pips in just the first two...
Crude oil is tumbling at the start of 2023 as persistent worries about the global economy falling into recession weigh on the price. In...
Crude oil is tumbling at the start of 2023 as persistent worries about the global economy falling into recession...
EURUSD is dropping in the first days of 2023 after inflation data from Spain and Germany decreased the pressure on the ECB to raise...
EURUSD is dropping in the first days of 2023 after inflation data from Spain and Germany decreased the pressure...
Gold is starting 2023 on a positive note, already in the vicinity of $1850, up 1.3% in just the first two trading days. Can...
Gold is starting 2023 on a positive note, already in the vicinity of $1850, up 1.3% in just the...
The SP500 didn't start 2023 in the best possible way, but history suggests we can expect a notable bounce in stocks after a weak...
The SP500 didn't start 2023 in the best possible way, but history suggests we can expect a notable bounce...
The price of Bitcoin is hovering around $16 500 at the start of 2023, following a brutal 2022 crypto investors would like to forget....
The price of Bitcoin is hovering around $16 500 at the start of 2023, following a brutal 2022 crypto...
USDCAD fell during the last week of 2022, but still closed the year significantly higher than where it had started it. Can the rally...
USDCAD fell during the last week of 2022, but still closed the year significantly higher than where it had...
EURUSD finished 2022 on a positive note with a Santa rally of almost 100 pips and a close above the 1.0700 mark on Friday,...
EURUSD finished 2022 on a positive note with a Santa rally of almost 100 pips and a close above...
Despite the worsening Covid-19 situation in China, which threatens to put another dent in the global economy, crude oil rose last week. Can the...
Despite the worsening Covid-19 situation in China, which threatens to put another dent in the global economy, crude oil...
The fourth quarter saw USDJPY cutting its 2022 gains in more than half. Is the crash poised to continue into 2023 and how low...
The fourth quarter saw USDJPY cutting its 2022 gains in more than half. Is the crash poised to continue...
There might not have been a Santa rally in stocks this year, but there was one in gold, which added 1.44% in the final...
There might not have been a Santa rally in stocks this year, but there was one in gold, which...
The much hoped for Santa rally failed to materialize as the SP500 closed the final week of 2022 slightly down. Here's what our Elliott...
The much hoped for Santa rally failed to materialize as the SP500 closed the final week of 2022 slightly...
In this bonus analysis of the SP500 we examine the striking similarities between the charts of the benchmark index and Salesforce stock.
In this bonus analysis of the SP500 we examine the striking similarities between the charts of the benchmark index...
Despite the well-documented inverse correlation between crude oil prices and USDCAD, both are down for the week so far.