Elliott Wave Update of USDCAD – July 26th, 2023
USDCAD is down by about 50 pips this week as traders brace for the Fed's interest rate decision and Jay Powell's comments later today....
USDCAD is down by about 50 pips this week as traders brace for the Fed's interest rate decision and Jay Powell's comments later today....
USDCAD is down by about 50 pips this week as traders brace for the Fed's interest rate decision and...
Gold is up for the fourth week in a row ahead of today's crucial interest rate decision. Can the Fed derail the metal's recovery?...
Gold is up for the fourth week in a row ahead of today's crucial interest rate decision. Can the...
The SP500 is up for the third week in a row and is building up on its 2023 momentum. Is there a new all-time...
The SP500 is up for the third week in a row and is building up on its 2023 momentum....
Bitcoin keeps trading in a narrowing range around the $30k mark ahead of next week's key Fed rate decision and inflation data release. In...
Bitcoin keeps trading in a narrowing range around the $30k mark ahead of next week's key Fed rate decision...
Crude oil closed in the vicinity of $77 a barrel last week as traders put recession worries aside and OPEC cuts begin to take...
Crude oil closed in the vicinity of $77 a barrel last week as traders put recession worries aside and...
USDJPY surged sharply last week on expectations that the Bank of Japan will abstain from any changes to its ultra-loose policy next week. In...
USDJPY surged sharply last week on expectations that the Bank of Japan will abstain from any changes to its...
The bulls' winning streak came to an abrupt end last week after EURUSD closed 150 pips below Tuesday's intraday high. Is there a support...
The bulls' winning streak came to an abrupt end last week after EURUSD closed 150 pips below Tuesday's intraday...
USDCAD notched up a gain last week ahead of the Fed's interest rate decision on July 26th and the PCE index release two days...
USDCAD notched up a gain last week ahead of the Fed's interest rate decision on July 26th and the...
The resistance near $1990 discouraged the bulls last week, but gold still managed to eke out a weekly gain. Can the recovery continue heading...
The resistance near $1990 discouraged the bulls last week, but gold still managed to eke out a weekly gain....
While some say that this is just a bear market rally, the SP500 notched up another weekly gain even as Big Tech disappointed. Can...
While some say that this is just a bear market rally, the SP500 notched up another weekly gain even...
Oracle just wrapped up its fiscal year ending May, 2023, recording total revenue of nearly $50B. Along with Nvidia and Microsoft, Oracle is another...
Oracle just wrapped up its fiscal year ending May, 2023, recording total revenue of nearly $50B. Along with Nvidia...
The price of Bitcoin is clinging to the $30k support level as traders look for clues ahead of next week's FOMC interest rate decision....
The price of Bitcoin is clinging to the $30k support level as traders look for clues ahead of next...
EURUSD's hardly changed since the beginning of the week as traders brace for another Fed rate hike and the PCE index release next week....
EURUSD's hardly changed since the beginning of the week as traders brace for another Fed rate hike and the...
The price of crude oil is up for the fourth week in a row as recession worries fade and OPEC cuts begin to make...
The price of crude oil is up for the fourth week in a row as recession worries fade and...
USDCAD is down a bit this week, pressured by rising oil prices, even as the Fed is expected to raise interest rates again next...
USDCAD is down a bit this week, pressured by rising oil prices, even as the Fed is expected to...
USDJPY is up this week as the Federal Reserve is widely expected to add another 25 basis points to US interest rates on July...
USDJPY is up this week as the Federal Reserve is widely expected to add another 25 basis points to...
The price of gold is up for the third week in a row despite the near certainty of another rate hike to be announced...
The price of gold is up for the third week in a row despite the near certainty of another...
The SP500 is up over 1% already this week even as the Federal Reserve is widely expected to raise rates again at its July...
The SP500 is up over 1% already this week even as the Federal Reserve is widely expected to raise...
It’s been over six months since we last wrote about GBPUSD. At the start of 2023, the Pound was hovering around 1.2100, up nearly...
It’s been over six months since we last wrote about GBPUSD. At the start of 2023, the Pound was...
Bitcoin failed to settle above the $31k mark gain even as lower-than-expected June inflation implies that the Fed may be less aggressive going forward....
Bitcoin failed to settle above the $31k mark gain even as lower-than-expected June inflation implies that the Fed may...
USDCAD dipped below 1.3100 last week before the bulls managed to regroup and lift the pair to a Friday close at 1.3217. In today's...
USDCAD dipped below 1.3100 last week before the bulls managed to regroup and lift the pair to a Friday...
EURUSD surged sharply and closed above 1.1220 last week following a lower-than-expected June inflation reading in the US. Is it too late to join...
EURUSD surged sharply and closed above 1.1220 last week following a lower-than-expected June inflation reading in the US. Is...
Crude oil bulls seemed very determined through most of last week, but they couldn't maintain momentum above $77 and suffered a $2 drop. Is...
Crude oil bulls seemed very determined through most of last week, but they couldn't maintain momentum above $77 and...
Gold keeps gaining ground in July as decelerating inflation fuels hopes that the Fed might soon be done with raising interest rates. What's left...
Gold keeps gaining ground in July as decelerating inflation fuels hopes that the Fed might soon be done with...
USDJPY plunged last week as the Consumer Price Index showed that inflation decelerated more than expected in June. How much further can the pair...
USDJPY plunged last week as the Consumer Price Index showed that inflation decelerated more than expected in June. How...
Despite the loud voices saying that this "bear market rally" is going to end any day now, the 2023 bull market is actually speeding...
Despite the loud voices saying that this "bear market rally" is going to end any day now, the 2023...
It’s been another week USDCAD bulls would like to forget. Currently below 1.3130, the pair is down by over 150 pips since the market...
It’s been another week USDCAD bulls would like to forget. Currently below 1.3130, the pair is down by over...
The past three years have been a real roller-coaster ride for Ford investors. The stock dipped below $4 a share in midst of the...
The past three years have been a real roller-coaster ride for Ford investors. The stock dipped below $4 a...
Bitcoin is approaching the $31k mark as crypto investors switch to risk-on mode again. Can the price finally breach this key resistance area this...
Bitcoin is approaching the $31k mark as crypto investors switch to risk-on mode again. Can the price finally breach...
Crude oil briefly exceeded the $75 mark earlier this week as the OPEC cuts seem to be finally taking effect. Is the rally sustainable,...
Crude oil briefly exceeded the $75 mark earlier this week as the OPEC cuts seem to be finally taking...