Elliott Wave Update of USDCAD – February 21st, 2024
USDCAD just bounced up from an important support line we'd been keeping an eye on for some time. What does that mean for the...
USDCAD just bounced up from an important support line we'd been keeping an eye on for some time. What does that mean for the...
USDCAD just bounced up from an important support line we'd been keeping an eye on for some time. What...
The resistance area just under $80 a barrel is proving to be a tough nut to crack for WTI crude oil bulls. Can they...
The resistance area just under $80 a barrel is proving to be a tough nut to crack for WTI...
A clear Elliott Wave pattern on the 4h chart of EURUSD indicates that the pair's trend is ready to resume. In what direction is...
A clear Elliott Wave pattern on the 4h chart of EURUSD indicates that the pair's trend is ready to...
Stock market bulls are forced to play defense for the second week in a row in February as the SP500 dips below the 5000...
Stock market bulls are forced to play defense for the second week in a row in February as the...
The price of Bitcoin smashed through the $50k mark and went close to $53k earlier this week, despite higher-for-longer interest rates outlook. In today's...
The price of Bitcoin smashed through the $50k mark and went close to $53k earlier this week, despite higher-for-longer...
USDCAD was on the verge of conquering 1.3600 last week, before dropping to close the trading session below 1.3500 on Friday. Can the uptrend...
USDCAD was on the verge of conquering 1.3600 last week, before dropping to close the trading session below 1.3500...
USDJPY bulls achieved a weekly close above the 150.00 mark for the first time since November. Can they finally go for 152.00, as well?...
USDJPY bulls achieved a weekly close above the 150.00 mark for the first time since November. Can they finally...
The 2024 recovery in the price of WTI crude oil continued last week as the bulls added another 2.1% to their winning streak. A...
The 2024 recovery in the price of WTI crude oil continued last week as the bulls added another 2.1%...
January inflation data caused a sharp selloff in the price of gold last week, but the bulls managed to recoup most of their losses...
January inflation data caused a sharp selloff in the price of gold last week, but the bulls managed to...
EURUSD found support just under 1.0700, but is this a major bottom or just a bear market rally? Find out in our latest Elliott...
EURUSD found support just under 1.0700, but is this a major bottom or just a bear market rally? Find...
January inflation spoiled the bulls' party last weeks, but the SP500 still managed to close above the 5000 mark again on Friday. Everything indicates...
January inflation spoiled the bulls' party last weeks, but the SP500 still managed to close above the 5000 mark...
Despite its bright future, the electric vehicle market has been in the doldrums as of late, and not just Tesla. According to CompaniesMarketCap, EV...
Despite its bright future, the electric vehicle market has been in the doldrums as of late, and not just...
Unlike stocks, Bitcoin quickly recovered from yesterday's CPI-induced drop and is now closing in on $50k again. What is left of that uptrend, though?...
Unlike stocks, Bitcoin quickly recovered from yesterday's CPI-induced drop and is now closing in on $50k again. What is...
Following yesterday's CPI-induced surge, USDCAD is back to the middle of the range it has been trading in since the autumn of 2022. Can...
Following yesterday's CPI-induced surge, USDCAD is back to the middle of the range it has been trading in since...
CPI for January pictured a strong US economy and helped WTI crude oil bulls to conquer $78 a barrel yesterday. How high can they...
CPI for January pictured a strong US economy and helped WTI crude oil bulls to conquer $78 a barrel...
USDJPY is trading above the psychological mark of 150.00 and is gaining ground towards a new multi-year high. Can the bulls finally conquer 152.00?...
USDJPY is trading above the psychological mark of 150.00 and is gaining ground towards a new multi-year high. Can...
In a selloff Elliott Wave analysis put us ahead of, the price of gold fell sharply after yesterday's CPI, which shattered traders' hopes for...
In a selloff Elliott Wave analysis put us ahead of, the price of gold fell sharply after yesterday's CPI,...
EURUSD barely held above 1.0700 as hopes for a Fed cut in May all but evaporated after yesterday's inflation data for the month of...
EURUSD barely held above 1.0700 as hopes for a Fed cut in May all but evaporated after yesterday's inflation...
Tuesday's CPI for January threw cold water on investors' hopes for a May rate cut, dragging the SP500 back below the 5000 mark. Can...
Tuesday's CPI for January threw cold water on investors' hopes for a May rate cut, dragging the SP500 back...
Bitcoin bulls are advancing towards the $50k mark, but should investors see this as a buy signal or a reason for caution. Read in...
Bitcoin bulls are advancing towards the $50k mark, but should investors see this as a buy signal or a...
WTI crude oil surged sharply last week as the EIA expects US production to flatline this year. How high can the price go before...
WTI crude oil surged sharply last week as the EIA expects US production to flatline this year. How high...
EURUSD seems to have formed a textbook trading setup with a very attractive risk/reward ratio. Take a look at it in our latest Elliott...
EURUSD seems to have formed a textbook trading setup with a very attractive risk/reward ratio. Take a look at...
Last week's volatility in USDCAD resulted in almost nothing as the pair closed just 8 pips lower on Friday. Can the bears achieve something...
Last week's volatility in USDCAD resulted in almost nothing as the pair closed just 8 pips lower on Friday....
Gold dipped again last week as US stocks keep making new records and investors' demand for safe haven assets declines. Can the tide turn...
Gold dipped again last week as US stocks keep making new records and investors' demand for safe haven assets...
USDJPY bulls kept taking advantage of the bears' indecisiveness and pushed the pair to a weekly close above 149.00 for the first time since...
USDJPY bulls kept taking advantage of the bears' indecisiveness and pushed the pair to a weekly close above 149.00...
The SP500 index reached 5000 this week, a milestone, which Elliott Wave analysis helped us to identify as a target in September, 2022, when...
The SP500 index reached 5000 this week, a milestone, which Elliott Wave analysis helped us to identify as a...
In today's additional WTI crude oil update we examine how does this week's price surge fit into the bigger Elliott Wave pattern.
In today's additional WTI crude oil update we examine how does this week's price surge fit into the bigger...
The $43k mark is once again proving too attractive for both Bitcoin bulls and bears to escape from. Can we see a breakout soon...
The $43k mark is once again proving too attractive for both Bitcoin bulls and bears to escape from. Can...
USDCAD is trading in positive territory for the sixth straight week, but the bulls have yet to conquer the resistance near 1.3550. Can they...
USDCAD is trading in positive territory for the sixth straight week, but the bulls have yet to conquer the...
WTI crude oil is trying to regain some of the ground it lost in last week's selloff, but can the bulls really be relied...
WTI crude oil is trying to regain some of the ground it lost in last week's selloff, but can...