Elliott Wave Analysis of USDCAD – February 20th, 2023
USDCAD staged a notable recovery last week helped by a sharp drop in WTI crude oil prices and higher than expected January inflation. Can...
USDCAD staged a notable recovery last week helped by a sharp drop in WTI crude oil prices and higher than expected January inflation. Can...
USDCAD staged a notable recovery last week helped by a sharp drop in WTI crude oil prices and higher...
USDJPY surged sharply last week after CPI data showed inflation was higher than expected in January, strengthening the case for more Fed hikes. How...
USDJPY surged sharply last week after CPI data showed inflation was higher than expected in January, strengthening the case...
The SP500 lost some ground for the second week in a row after CPI data for the month of January showed inflation was stickier...
The SP500 lost some ground for the second week in a row after CPI data for the month of...
Founded in 1995 and headquartered in Reston, VA, VeriSign is a $23B Internet infrastructure provider. The company went public in 1998, just on time...
Founded in 1995 and headquartered in Reston, VA, VeriSign is a $23B Internet infrastructure provider. The company went public...
In a sharp surge Elliott Wave analysis helped us predict, Bitcoin recently exceeded the $25k mark. Instead of accelerating to the upside after this...
In a sharp surge Elliott Wave analysis helped us predict, Bitcoin recently exceeded the $25k mark. Instead of accelerating...
Monetary policy was loose enough even before the pandemic, ever since the Great Recession of 2008. But the printing presses didn’t really go into...
Monetary policy was loose enough even before the pandemic, ever since the Great Recession of 2008. But the printing...
Contrary to common sense, the price of Bitcoin actually rose following yesterday's hot inflation report for the month of January. Can the recovery continue...
Contrary to common sense, the price of Bitcoin actually rose following yesterday's hot inflation report for the month of...
The price of gold is falling after yesterday's hot CPI report suggested more rate hikes by the Fed are likely on their way. Is...
The price of gold is falling after yesterday's hot CPI report suggested more rate hikes by the Fed are...
The bulls are so far failing to build on last week's surge. The price of WTI crude oil is down after bumping into the...
The bulls are so far failing to build on last week's surge. The price of WTI crude oil is...
Contrary to common sense, a stronger-than-expected CPI for the month of January didn't lead to an immediate selloff in EURUSD. Can the bears still...
Contrary to common sense, a stronger-than-expected CPI for the month of January didn't lead to an immediate selloff in...
USDJPY keeps rising and yesterday's CPI report strengthened the dollar's case even further. How high can the bulls lift the pair before bumping into...
USDJPY keeps rising and yesterday's CPI report strengthened the dollar's case even further. How high can the bulls lift...
Yesterday's CPI for the month of January came in hotter than expected, paving the way for more rate hikes by the Fed. How is...
Yesterday's CPI for the month of January came in hotter than expected, paving the way for more rate hikes...
Yesterday's CPI reading for the month of January showed another decline in the rate of inflation, albeit smaller than expected. Is this going to...
Yesterday's CPI reading for the month of January showed another decline in the rate of inflation, albeit smaller than...
Crypto investors were reminded that they're not out of the woods yet after the price of Bitcoin fell by almost $3000 over the past...
Crypto investors were reminded that they're not out of the woods yet after the price of Bitcoin fell by...
The price of WTI crude oil surged sharply last week after Russia said it will cut production by 500k barrels a day starting in...
The price of WTI crude oil surged sharply last week after Russia said it will cut production by 500k...
EURUSD lost another 120 pips last week as forex traders brace for Tuesday's US inflation report. In today's Elliott Wave analysis we identify a...
EURUSD lost another 120 pips last week as forex traders brace for Tuesday's US inflation report. In today's Elliott...
The price of gold closed last week at almost the same level where it had started it ahead of Tuesday's US inflation report. Where...
The price of gold closed last week at almost the same level where it had started it ahead of...
Russia said it would cut oil production by 500k barrels a day, sending WTI surging, which in turn, dragged USDCAD down. In today's Elliott...
Russia said it would cut oil production by 500k barrels a day, sending WTI surging, which in turn, dragged...
Albeit timidly, USDJPY managed to gain ground for a fourth consecutive weekly session ahead of next week's inflation report. Can the rally continue and...
Albeit timidly, USDJPY managed to gain ground for a fourth consecutive weekly session ahead of next week's inflation report....
The SP500 index fell slightly last week in anticipation of Tuesday's crucial CPI report for the month of January. Can the upcoming inflation data...
The SP500 index fell slightly last week in anticipation of Tuesday's crucial CPI report for the month of January....
It was only early-November, 2022, when China was considered to be “uninvestable“. After two years of crackdowns on the technology sector, the country’s stock...
It was only early-November, 2022, when China was considered to be “uninvestable“. After two years of crackdowns on the...
Bitcoin is up slightly this week, but still hovering within the range around $23k which it has been trading in since mid-January. Who's more...
Bitcoin is up slightly this week, but still hovering within the range around $23k which it has been trading...
The price of WTI crude oil is up sharply so far this week with traders focusing on the global economy's improving outlook and China's...
The price of WTI crude oil is up sharply so far this week with traders focusing on the global...
After the bulls' failure to breach 133.00, in today's USDJPY Elliott Wave update we identify the two key levels traders must keep an eye...
After the bulls' failure to breach 133.00, in today's USDJPY Elliott Wave update we identify the two key levels...
The price of gold is up so far this week following Jay Powell's less hawkish than feared comments on Tuesday. This fits nicely into...
The price of gold is up so far this week following Jay Powell's less hawkish than feared comments on...
USDCAD is down so far this week as higher crude oil prices and a less hawkish Jerome Powell put pressure on the US dollar....
USDCAD is down so far this week as higher crude oil prices and a less hawkish Jerome Powell put...
EURUSD is down so far this week and our invalidation level remains intact. This means pair keeps going according to the Elliott Wave plan....
EURUSD is down so far this week and our invalidation level remains intact. This means pair keeps going according...
Jay Powell's comments on Tuesday were less hawkish than expected, fueling another rally in the SP500 in yesterday's session. Even some economists now suggest...
Jay Powell's comments on Tuesday were less hawkish than expected, fueling another rally in the SP500 in yesterday's session....
Bitcoin surged 40% in the first month of 2023 and is now trying to build on that gain, hovering above the $23k mark at...
Bitcoin surged 40% in the first month of 2023 and is now trying to build on that gain, hovering...
USDCAD found support and bounced up last week following stronger-than-expected jobs and wage growth data from the US. Can the recovery continue and how...
USDCAD found support and bounced up last week following stronger-than-expected jobs and wage growth data from the US. Can...