The decline that started from 1.2391 seems to be at its final stages now. The chart of EURCHF depicts a complete 5-wave impulse to the downside, so it is time to expect a 3-wave correction in the opposite direction. Furthermore, price is making a strong bullish divergence with the RSI indicator, typical to occur between waves 3 and 5.
USDJPY climbed further last week after Japan's former Vice-Finance Minister implied that 155.00 is the level to watch for a BOJ intervention.
EURUSD extended its losing streak to eleven weeks in a row after the Fed signaled it is going to keep rates higher for longer....
USDCAD surged on Friday after weak GDP data strongly indicated that the Bank of Canada is done with raising interest rates. Can the recovery...
USDJPY climbed further last week after Japan's former Vice-Finance Minister implied that 155.00 is the level to watch for...
EURUSD extended its losing streak to eleven weeks in a row after the Fed signaled it is going to...
USDCAD surged on Friday after weak GDP data strongly indicated that the Bank of Canada is done with raising...
EURUSD approached 1.1300 in mid-July on bets that the Fed would soon announce a pause and the ECB would...
EURUSD is down for the eleventh week in a row and has now almost reached the bearish target we...
In today's Elliott Wave update of USDJPY we explain why it is now or never for the bears, and...
In agreement with what Elliott Wave analysis had suggested, USDCAD is up so far this week. How high can...
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