Elliott Wave Update of USDJPY – May 29th, 2024
USDJPY is mostly unchanged so far this week as forex traders brace for Friday's PCE inflation and as the threat of a BOJ intervention...
USDJPY is mostly unchanged so far this week as forex traders brace for Friday's PCE inflation and as the threat of a BOJ intervention...
USDJPY is mostly unchanged so far this week as forex traders brace for Friday's PCE inflation and as the...
USDCAD recovered from this week's initial drop and is now trading back where it was at its beginning. Can the rally continue? Read in...
USDCAD recovered from this week's initial drop and is now trading back where it was at its beginning. Can...
After one day of trading in this Memorial Day-shortened business week the SP500 is barely changed as investors await Friday's PCE index.
After one day of trading in this Memorial Day-shortened business week the SP500 is barely changed as investors await...
eBay stock is up 25% so far in 2024, more than doubling the year-to-date return of the S&P 500 index. The stock is still...
eBay stock is up 25% so far in 2024, more than doubling the year-to-date return of the S&P 500...
The price of Bitcoin came close to the $72k mark and is now within a striking distance of a new record. In today's Elliott...
The price of Bitcoin came close to the $72k mark and is now within a striking distance of a...
The price of WTI crude oil fell again as expected last week before bumping into the strong support area around $76 a barrel. Can...
The price of WTI crude oil fell again as expected last week before bumping into the strong support area...
The bears put a big dent in gold 's aura of invincibility last week after dragging it down by over $100 an ounce from...
The bears put a big dent in gold 's aura of invincibility last week after dragging it down by...
USDCAD bulls must be happy with what they achieved last week, although Friday's sharp selloff must've left a bad taste in their mouths. Can...
USDCAD bulls must be happy with what they achieved last week, although Friday's sharp selloff must've left a bad...
Last week, USDJPY resumed its recovery from the two BOJ interventions as traders speculate about the probability of a third one soon. In our...
Last week, USDJPY resumed its recovery from the two BOJ interventions as traders speculate about the probability of a...
In today's Elliott Wave analysis of EURUSD we identify the pair's most likely path forward and the key level to watch for trading purposes....
In today's Elliott Wave analysis of EURUSD we identify the pair's most likely path forward and the key level...
Despite the volatile swings, the SP500 finished last week practically unchanged after inflation data and Nvidia's strong earnings cancelled each other out. This is...
Despite the volatile swings, the SP500 finished last week practically unchanged after inflation data and Nvidia's strong earnings cancelled...
Gold 's early gains this week propelled it to a new all-time high, but the bulls then lost momentum and have now given up...
Gold 's early gains this week propelled it to a new all-time high, but the bulls then lost momentum...
A new record seems to be in sight for Bitcoin bulls as the price of the biggest crypto accelerated to the upside in the...
A new record seems to be in sight for Bitcoin bulls as the price of the biggest crypto accelerated...
Last week's recovery in WTI crude oil didn't last as it only took the bears less than three full trading days to erase it...
Last week's recovery in WTI crude oil didn't last as it only took the bears less than three full...
After five straight weeks of gains, EURUSD bulls have finally decided to slow down in anticipation of today's FOMC minutes. Can the pair's rally...
After five straight weeks of gains, EURUSD bulls have finally decided to slow down in anticipation of today's FOMC...
In today's Elliott Wave update of USDCAD we examine the pair's hourly chart and identify the key level both bulls and bears must keep...
In today's Elliott Wave update of USDCAD we examine the pair's hourly chart and identify the key level both...
USDJPY is rising this week just as Elliott Wave analysis had suggested. Is the rally poised to continue or should we expect a bearish...
USDJPY is rising this week just as Elliott Wave analysis had suggested. Is the rally poised to continue or...
The SP500 is up this week, but only slightly as the market awaits the minutes of the last FOMC meeting to be published on...
The SP500 is up this week, but only slightly as the market awaits the minutes of the last FOMC...
Compared to the Magnificent Seven, Autodesk looks like a small company with its market cap of less than $48B. But when it comes to...
Compared to the Magnificent Seven, Autodesk looks like a small company with its market cap of less than $48B....
In a recovery Elliott Wave analysis helped us to predict, the price of Bitcoin is up by over $10k from its May 1st bottom...
In a recovery Elliott Wave analysis helped us to predict, the price of Bitcoin is up by over $10k...
WTI crude oil bulls managed to prevent a third weekly loss in a row by closing the session near $79.50 after finding support just...
WTI crude oil bulls managed to prevent a third weekly loss in a row by closing the session near...
The SP500 surged to a new record and closed above 5300 for the first time in history last week on better-than-feared US inflation in...
The SP500 surged to a new record and closed above 5300 for the first time in history last week...
Better-than-feared US inflation in April helped push the price of gold close to new all-time highs last week. What's left of that uptrend, though?...
Better-than-feared US inflation in April helped push the price of gold close to new all-time highs last week. What's...
USDCAD dipped below 1.3600 last week in a drop Elliott Wave analysis put us ahead of. Can we expect more weakness going forward? Read...
USDCAD dipped below 1.3600 last week in a drop Elliott Wave analysis put us ahead of. Can we expect...
Wednesday's better-than-feared US inflation data dragged USDJPY down to 153.60 last week, before the bulls' counter-attack. Can the recovery continue in the second half...
Wednesday's better-than-feared US inflation data dragged USDJPY down to 153.60 last week, before the bulls' counter-attack. Can the recovery...
EURUSD closed nearly 100 pips higher last week after better-than-feared US inflation in April kept alive the hopes for a Fed rate cut in...
EURUSD closed nearly 100 pips higher last week after better-than-feared US inflation in April kept alive the hopes for...
In early-October, 2023, we wrote that the 10-year US government bond yield was likely to peak around 5%, before heading down to 3%. This...
In early-October, 2023, we wrote that the 10-year US government bond yield was likely to peak around 5%, before...
The price of Bitcoin is up slightly this week, but the biggest crypto has yet to face the test of today's crucial US inflation...
The price of Bitcoin is up slightly this week, but the biggest crypto has yet to face the test...
The price of WTI crude oil is up slightly this week. Would the bulls be able to protect their fragile gains after today's all-important...
The price of WTI crude oil is up slightly this week. Would the bulls be able to protect their...
The price of gold regained the ground it lost at the start of the week and is now trading in the green ahead of...
The price of gold regained the ground it lost at the start of the week and is now trading...