Elliott Wave Analysis of USDCAD – February 26th, 2024
Despite the initial drop in USDCAD last week, the bulls managed to fight back and achieve a positive session close above 1.3500 on Friday....
Despite the initial drop in USDCAD last week, the bulls managed to fight back and achieve a positive session close above 1.3500 on Friday....
Despite the initial drop in USDCAD last week, the bulls managed to fight back and achieve a positive session...
EURUSD registered its second positive weekly close since the start of 2024. Can the bulls turn things around and recoup their 2% loss for...
EURUSD registered its second positive weekly close since the start of 2024. Can the bulls turn things around and...
USDJPY added another weekly gain to its tally and is now approaching the 152.00 resistance level, which it failed to breach in 2022 and...
USDJPY added another weekly gain to its tally and is now approaching the 152.00 resistance level, which it failed...
USDJPY has barely moved since the start of the week as traders have a lot of guesswork to do regarding the Fed's and BOJ's...
USDJPY has barely moved since the start of the week as traders have a lot of guesswork to do...
USDCAD just bounced up from an important support line we'd been keeping an eye on for some time. What does that mean for the...
USDCAD just bounced up from an important support line we'd been keeping an eye on for some time. What...
A clear Elliott Wave pattern on the 4h chart of EURUSD indicates that the pair's trend is ready to resume. In what direction is...
A clear Elliott Wave pattern on the 4h chart of EURUSD indicates that the pair's trend is ready to...
USDCAD was on the verge of conquering 1.3600 last week, before dropping to close the trading session below 1.3500 on Friday. Can the uptrend...
USDCAD was on the verge of conquering 1.3600 last week, before dropping to close the trading session below 1.3500...
USDJPY bulls achieved a weekly close above the 150.00 mark for the first time since November. Can they finally go for 152.00, as well?...
USDJPY bulls achieved a weekly close above the 150.00 mark for the first time since November. Can they finally...
EURUSD found support just under 1.0700, but is this a major bottom or just a bear market rally? Find out in our latest Elliott...
EURUSD found support just under 1.0700, but is this a major bottom or just a bear market rally? Find...
Following yesterday's CPI-induced surge, USDCAD is back to the middle of the range it has been trading in since the autumn of 2022. Can...
Following yesterday's CPI-induced surge, USDCAD is back to the middle of the range it has been trading in since...
USDJPY is trading above the psychological mark of 150.00 and is gaining ground towards a new multi-year high. Can the bulls finally conquer 152.00?...
USDJPY is trading above the psychological mark of 150.00 and is gaining ground towards a new multi-year high. Can...
EURUSD barely held above 1.0700 as hopes for a Fed cut in May all but evaporated after yesterday's inflation data for the month of...
EURUSD barely held above 1.0700 as hopes for a Fed cut in May all but evaporated after yesterday's inflation...
EURUSD seems to have formed a textbook trading setup with a very attractive risk/reward ratio. Take a look at it in our latest Elliott...
EURUSD seems to have formed a textbook trading setup with a very attractive risk/reward ratio. Take a look at...
Last week's volatility in USDCAD resulted in almost nothing as the pair closed just 8 pips lower on Friday. Can the bears achieve something...
Last week's volatility in USDCAD resulted in almost nothing as the pair closed just 8 pips lower on Friday....
USDJPY bulls kept taking advantage of the bears' indecisiveness and pushed the pair to a weekly close above 149.00 for the first time since...
USDJPY bulls kept taking advantage of the bears' indecisiveness and pushed the pair to a weekly close above 149.00...
USDCAD is trading in positive territory for the sixth straight week, but the bulls have yet to conquer the resistance near 1.3550. Can they...
USDCAD is trading in positive territory for the sixth straight week, but the bulls have yet to conquer the...
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...
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...
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...
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...
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...
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...
USDCAD added a fourth week to its January winning streak. In our latest Elliott Wave analysis we identify the key levels to watch for...
USDCAD added a fourth week to its January winning streak. In our latest Elliott Wave analysis we identify the...
EURUSD finished in the red for the second week in a row even as core US inflation came in lower than expected. Can the...
EURUSD finished in the red for the second week in a row even as core US inflation came in...
Despite the initial weakness, USDJPY closed less than a pip down after the Bank of Japan decided not to change its monetary policy last...
Despite the initial weakness, USDJPY closed less than a pip down after the Bank of Japan decided not to...
A textbook Elliott Wave pattern has formed on the 4h chart of EURUSD, giving us a hint of what to expect from the pair...
A textbook Elliott Wave pattern has formed on the 4h chart of EURUSD, giving us a hint of what...
USDJPY is down this week, even after the Bank of Japan kept its policy unchanged. Where is the pair headed to next? Read in...
USDJPY is down this week, even after the Bank of Japan kept its policy unchanged. Where is the pair...
USDCAD is up for the fourth week in a row ahead of Friday's US core inflation data and next week's Fed decision on interest...
USDCAD is up for the fourth week in a row ahead of Friday's US core inflation data and next...