Tag: CURRENCIES

USDCAD bulls looked very determined at one point last week when they climbed above 1.3540, before losing momentum and over 110 pips. Can the...

USDJPY surged sharply last week after lower-than-expected inflation implied that the BOJ will leave its monetary policy unchanged next week. Here is how this...

EURUSD dipped below 1.0850 last week, extending its decline since late-December to nearly 300 pips. Can the bulls turn things around soon? Read in...

Dashed rate cut hopes coupled with languishing crude oil prices have helped push USDCAD higher for the third week in a row. Is this...

USDJPY is surging as hopes for both a Fed rate cut in March and a hike by the BOJ were dashed by inflation data...

EURUSD is falling just as Elliott Wave analysis had predicted weeks ago. Is there a support in sight the bulls can look forward to?...

USDCAD gained for the second straight week despite improving chances that the Fed would cut interest rates as soon as March. The pair is...

USDJPY finished in the green for the second week in a row in a recovery which has now produced a very clear Elliott Wave...

EURUSD bulls prevented a second weekly loss, but only managed to eke out a 9-pip gain in the second week of January, 2024. Where...

USDCAD is rising for the second week in a row as forex traders prepare for tomorrow's release of US inflation numbers for December. In...

Following the pair's recent 690-pip recovery, few people are more worried about tomorrow's US CPI report than EURUSD traders. Are they right to be...

USDJPY is up for the second week in a row ahead of tomorrow's important US inflation data. Can the rally continue and how high...

USDCAD surged last week as stronger-than-expected US labor market data weakened the case for aggressive rate cuts in 2024. In today's Elliott Wave analysis...

USDJPY surged by over 350 pips last week after stronger-than-expected US labor market data led traders to pare rate cut bets. Can the pair...

In a bearish reversal Elliott Wave analysis helped us to predict, EURUSD closed nearly 100 pips lower last week. Can we expect a recovery...

In today's Elliott Wave update of USDJPY we examine what this week's recovery means and identify the two key levels to watch for trading...

USDCAD is up in the first couple of days of 2024, but can the bulls really be relied on after a streak of three...

In a bearish reversal, which Elliott Wave analysis warned us about, EURUSD is down by 200 pips over the past three trading days. Should...

USDJPY fell last week after the BOJ signaled its readiness to finally put an end to its ultra-loose policy soon, maybe as early as...

USDCAD spent the entire 2023 in a range between 1.3900 and 1.3100, before closing at 1.3252 on the final trading day of the year....

After two consecutive annual losses in 2021 and 2022, EURUSD managed to eke out a gain in 2023, closing above 1.1000 on the last...

EURUSD has drawn a very clear Elliott Wave pattern on its 4h chart. Take a look at it and read about its implications in...

In today's Elliott Wave update of USDJPY we identify the key level both the bulls and the bears need to watch for trading purposes....

USDCAD is down again this week as its inverse correlation with the price of crude oil seems to have finally returned. Is there a...

Lower PCE inflation led traders to believe the Fed might lower rates by more than expected in 2024, which dragged USDCAD down last week....

USDJPY bears failed to extend their winning streak to six weeks in a row as the pair eked out a small gain ahead of...

EURUSD managed to close above the 1.1000 mark for the first time since July as traders bet the Fed will cut rates aggressively in...

USDJPY is attempting to stage a recovery in order to break its five-week losing streak. In today's Elliott Wave update we identify the key...

USDCAD is down again this week and already trading within the support area near 1.3300. Can it fall straight through it or should we...

EURUSD is up for the second week in a row as traders adapt to the new dovish Fed and the still-hawkish ECB. How high...