Elliott Wave Update of USDJPY – February 7th, 2024
USDJPY is down by nearly 40 pips this week, but is this a dip to buy or the start of a bigger selloff? Read...
USDJPY is down by nearly 40 pips this week, but is this a dip to buy or the start of a bigger selloff? Read...
USDJPY is down by nearly 40 pips this week, but is this a dip to buy or the start...
Gold keeps gravitating around $2030, but there are hidden developments under the surface, which imply an upcoming balance change. Where is the price headed...
Gold keeps gravitating around $2030, but there are hidden developments under the surface, which imply an upcoming balance change....
EURUSD seems to have found support near 1.0720, but can we expect a sustainable uptrend or just a corrective rally within the downtrend? Read...
EURUSD seems to have found support near 1.0720, but can we expect a sustainable uptrend or just a corrective...
The SP500 is slightly down this week as the bulls take a breather after four weekly gains in a row and a 20% surge...
The SP500 is slightly down this week as the bulls take a breather after four weekly gains in a...
Elliott Wave analysis has been quite useful in predicting the path of the Japanese Nikkei 225 index. It not only put us several months...
Elliott Wave analysis has been quite useful in predicting the path of the Japanese Nikkei 225 index. It not...
Bitcoin is once again stuck at the $43k mark, around which it has been trading for two months now. Are the bulls or the...
Bitcoin is once again stuck at the $43k mark, around which it has been trading for two months now....
Despite the initial pullback, USDCAD closed in the green last week, helped by diminished March rate cut odds after the December's strong NFP. In...
Despite the initial pullback, USDCAD closed in the green last week, helped by diminished March rate cut odds after...
Despite the initial weakness, USDJPY managed to eke out a gain last week, helped by December's strong non-farm payrolls report. Can the pair keep...
Despite the initial weakness, USDJPY managed to eke out a gain last week, helped by December's strong non-farm payrolls...
Gold notched up a weekly gain, but the bulls only managed to preserve half their earnings following Friday's NFP report. In today's Elliott Wave...
Gold notched up a weekly gain, but the bulls only managed to preserve half their earnings following Friday's NFP...
Funny how fresh data indicating a strong economy caused WTI crude oil to fall on fears of a weak economy due to postponed rate...
Funny how fresh data indicating a strong economy caused WTI crude oil to fall on fears of a weak...
EURUSD extended its losing streak last week following a surprisingly strong NFP report, suggesting the Fed is unlikely to cut in March. Is there...
EURUSD extended its losing streak last week following a surprisingly strong NFP report, suggesting the Fed is unlikely to...
Meta's stellar earnings report propelled the SP500 to another weekly gain even after hotter-than-expected NFP reduced the odds of a March rate cut. Is...
Meta's stellar earnings report propelled the SP500 to another weekly gain even after hotter-than-expected NFP reduced the odds of...
Meta Platforms’ ‘year of efficiency’ was also a year for the history books. The stock was a top performer in 2023 and is starting...
Meta Platforms’ ‘year of efficiency’ was also a year for the history books. The stock was a top performer...
Bayer investors just can’t catch a break. The last time we wrote about it, on April 5th, 2023, the stock was trading below €60...
Bayer investors just can’t catch a break. The last time we wrote about it, on April 5th, 2023, the...
The price of Bitcoin is up by over 10% in just over a week, but the resistance at $44k has yet to be breached....
The price of Bitcoin is up by over 10% in just over a week, but the resistance at $44k...
USDCAD is down slightly this week as traders brace for today's Fed decision on interest rates. In our latest Elliott Wave update we identify...
USDCAD is down slightly this week as traders brace for today's Fed decision on interest rates. In our latest...
WTI crude oil is down this week, but still on track to close the month of January in positive territory. Can the bulls breach...
WTI crude oil is down this week, but still on track to close the month of January in positive...
USDJPY keeps gravitating around 147.50, but today's interest rate decision by the Fed is likely to move things around. Elliott Wave analysis is giving...
USDJPY keeps gravitating around 147.50, but today's interest rate decision by the Fed is likely to move things around....
EURUSD is trading down for the third week in a row and the stage looks set for a big move heading into FOMC later...
EURUSD is trading down for the third week in a row and the stage looks set for a big...
In today's Elliott Wave update of gold we examine two possible scenarios explaining what the recent recovery likely means.