Tag: CURRENCIES

Friday's strong NFP report strengthened the case for higher for longer US interest rates and helped USDCAD gain over 1% last week. Should forex...

EURUSD rose past 1.0900 last week, but couldn't maintain momentum after Friday's hot NFP report pushed any Fed cuts further forward. Are the bulls...

USDJPY bulls managed to limit the damage, but still couldn't prevent the pair from closing the weekly session in the red on Friday. Can...

EURUSD is slightly up this week despite expectations that the ECB is going to start cutting interest rates as soon as Thursday. Contrary to...

USDJPY is down this week as soft US economic data strengthens the case for the Fed to start cutting interest rates in September. How...

USDCAD keeps alternating between a week in the green and one in the red without making a breakout in either direction. One is just...

Despite the threat of another intervention by the Bank of Japan, USDJPY closed the month of may on a high note. Are the bulls...

EURUSD bulls achieved a positive monthly close for the first time this year after the pair rose by 1.71% in May. Can the rally...

USDCAD initially fell, then surged, then fell again last week. Elliott Wave analysis helped us to predict all three moves in both directions. What...

EURUSD traders are patiently waiting for Friday's PCE inflation report, but Elliott Wave analysis is already giving us a hint of what to expect...

USDJPY is mostly unchanged so far this week as forex traders brace for Friday's PCE inflation and as the threat of a BOJ intervention...

USDCAD recovered from this week's initial drop and is now trading back where it was at its beginning. Can the rally continue? Read in...

USDCAD bulls must be happy with what they achieved last week, although Friday's sharp selloff must've left a bad taste in their mouths. Can...

Last week, USDJPY resumed its recovery from the two BOJ interventions as traders speculate about the probability of a third one soon. In our...

In today's Elliott Wave analysis of EURUSD we identify the pair's most likely path forward and the key level to watch for trading purposes....

After five straight weeks of gains, EURUSD bulls have finally decided to slow down in anticipation of today's FOMC minutes. Can the pair's rally...

In today's Elliott Wave update of USDCAD we examine the pair's hourly chart and identify the key level both bulls and bears must keep...

USDJPY is rising this week just as Elliott Wave analysis had suggested. Is the rally poised to continue or should we expect a bearish...

USDCAD dipped below 1.3600 last week in a drop Elliott Wave analysis put us ahead of. Can we expect more weakness going forward? Read...

Wednesday's better-than-feared US inflation data dragged USDJPY down to 153.60 last week, before the bulls' counter-attack. Can the recovery continue in the second half...

EURUSD closed nearly 100 pips higher last week after better-than-feared US inflation in April kept alive the hopes for a Fed rate cut in...

EURUSD is trading up for the fifth straight week. Can today's crucial inflation data ruin the bulls' plans and kill their momentum? Read in...

USDJPY is trading in positive territory again this week, but is down by 80 pips from yesterday's high of 156.78. Is this a dip...

USDCAD is down again this week as traders seem to expect a favorable inflation reading later today to improve the Fed's rate cut odds....

USDJPY rose 1.8% last week and has now recouped about half of the losses suffered from the two BOJ interventions the week before. Can...

EURUSD eked out a fourth straight weekly gain as forex traders brace for the latest batch of crucial inflation numbers. Can the pair's recent...

USDCAD initially rose last week, but the bulls lost the initiative and the pair closed the session 12 pips in the red on Friday....

EURUSD is trading in the red after three consecutive weeks of gains. Is this a dip to buy or has the downtrend resumed? Read...

USDCAD is rising this week in a recovery, which Elliott Wave analysis helped us to predict over the weekend. Is it too late to...

Forex traders are once again daring the Bank of Japan to intervene as USDJPY is up by nearly 350 pips from last week's bottom....