Tag: CURRENCIES

Lower-than-expected October inflation put rate cuts on the horizon for 2024 and dragged USDCAD sharply down yesterday. Is there a support in sight for...

The start of November looked promising for EURUSD bulls, but they failed to build on that momentum and suffered a loss last week. Does...

The second week of November was nothing like the first for USDCAD as the forex pair surged by over 140 pips. Can the bulls...

USDJPY registered a weekly close above the 151.00 mark for the first time since July, 1990, as high US interest rates strengthen the dollar....

While EURUSD is trading in the red this week, forex traders are wondering if this is a dip to buy or the resumption of...

In today's Elliott Wave update of USDJPY we examine the pair's 4-hour chart and identify the key price level forex traders must keep an...

USDCAD is up sharply this week, but is it safe to rejoin the bulls now, or is this just a corrective rally before the...

USDCAD fell sharply last week after the bulls got discouraged by the strength of the resistance near 1.3900 and the weakness in the labor...

EURUSD gained a lot of ground last week after the Fed kept rates steady and economic data showed inflation was cooling. Can this be...

A year ago, USDJPY failed to conquer 152.00 and then fell 16% over the next three months. Last week, its second attempt proved unsuccessful,...

EURUSD, the world's most traded pair, will inevitably be an important battleground between bulls and bears following today's Fed decision. In our latest Elliott...

The Bank of Japan barely touched its monetary policy earlier this week, emboldening the bulls to lift USDJPY even higher. Where are they ultimately...

USDCAD is more or less unchanged since the start of the week as traders await the Fed's decision on interest rates later today. Is...

Neither the bulls, nor the bears seem able to gain an edge around the 150.00 mark in USDJPY. In today's Elliott Wave analysis we...

EURUSD was on the verge of conquering 1.0700 at one point last week, but lost momentum and eventually closed in the red. Can the...

USDCAD bulls easily conquered 1.3800 and came close to 1.3900, as well, last week. What are the odds of this surge proceeding into November?...

EURUSD lost its initial momentum and is now trading slightly down for the week. In our latest Elliott Wave update we identify the key...

As the market is trying to decipher whether there will be an intervention by the BOJ, USDJPY has barely budged for weeks now. Can...

USDCAD is trading higher for the second straight week, but it has yet to breach the resistance area between 1.3800 and 1.3900. What happens...

In today's Elliott Wave analysis of EURUSD we examine the pair's weekly, daily and 4h charts. A trading setup with a very attractive risk/reward...

USDJPY missed the 150.00 mark by less than a pip last week as rising treasury yields pushed the greenback up against the Japanese yen....

USDCAD closed above 1.3700 for the first time since March on the back of rising US treasury yields and hesitant crude oil bulls. How...

USDCAD is down for the second week in a row even though it might still feel as if it is in an uptrend. In...

USDJPY is up again this week as traders see no end in sight for the Bank of Japan's ultra-loose policy. The market is already...

EURUSD has already recouped most of last week's losses. In today's Elliott Wave update we examine if the bulls can really be trusted and...

USDJPY opened at 149.30 last week and despite the 114-pip initial drop, still managed to earn a weekly close in the green by Friday....

USDCAD initially fell below the 1.3600 mark last week, but the bulls managed to regroup and earn a weekly close near 1.3660 again. In...

The bears took back control of EURUSD last week despite wide expectations that the Fed is done raising interest rates this year. How low...

In today's Elliott Wave update of USDJPY we examine its 4-hour chart for clues if the current dip is anything the bulls should worry...

EURUSD is up for the second week in a row as the odds of a Fed pause are rapidly improving. Can we see a...