Tag: CURRENCIES

Our key invalidation level is intact and USDJPY is falling in a move Elliott Wave analysis helped us to predict. How low can the...

Despite the initial sharp drop, EURUSD managed to recover and close almost unchanged last week, helped by the Fed's slightly dovish stance. Can this...

USDCAD dropped heavily last week as the surge in oil prices and the more dovish Fed combined to convince traders to sell the pair....

Last week, USDJPY was unable to leave the range it has been trading in since mid-October. It did produce one of the most recognizable...

EURUSD is down since the start of the week with another jumbo rate hike by the Fed expected later today. In today's Elliott Wave...

USDCAD is hardly changed since the start of the week as traders await today's interest rate decision by the Fed. Can the bulls return...

USDJPY is down so far this week ahead of today's looming Fed rate hike decision. Is the 2022 uptrend over and how to tell...

The upcoming rate hike by the Fed wasn't enough to scare EURUSD bulls away as the ECB made its own 75 bps raise last...

USDCAD dipped below 1.3500 before closing above 1.3600 last week in a bounce the Elliott Wave principle helped us anticipate. Should traders buy this...

Despite the volatility and the fact that it barely held above 145.00 Thursday, USDJPY closed mostly unchanged last week. Is the 2022 uptrend still...

USDJPY is trying to recover from its recent plunge from the vicinity of 152.00 to just over 145.00. Can the rally last and how...

EURUSD just climbed above parity again despite expectations for another big rate hike by the Fed in a few days. Some may find this...

If we forget about the volatility, USDJPY is almost unchanged so far this week, still down from last week's 32-year high at 151.95. Are...

USDCAD keeps sliding and is already trading below the 1.3600 mark. Can the uptrend be expected to resume soon or is this the beginning...

EURUSD barely held above 0.9700 last week before jumping up sharply to close above 0.9860 on Friday. Can the bulls maintain momentum as we...

USDJPY was on the verge of breaching 152.00 last week, before a sharp drop occurred, likely caused by another BOJ intervention. Not surprising though,...

USDCAD was down by 250 pips at one point last week in a drop Elliott Wave analysis warned us about in advance. What is...

EURUSD is up so far this week, but few believe this recovery would last given the macroeconomic and geopolitical circumstances. Here is what the...

The inverse relationship between USDCAD and oil prices appears to be broken as both are down so far this week. How does the pair's...

USDJPY keeps climbing and is now on the verge of breaching the psychological level of 150.00. Would that be a signal to join the...

Despite a very volatile week due to the worse-than-expected US inflation data for September, EURUSD closed little changed on Friday. Its behavior has been...

Last week, USDCAD approached the 1.4000 mark for the first time in over two years. Can the bulls breach this key resistance level soon...

USDJPY kept surging and almost reached the 149.00 mark last week in a rally Elliott Wave analysis warned us about. Is there a top...

Traditional economic theory dictates that in order to tame inflation, one must decrease the availability of money in circulation. This is usually done by...

EURUSD is down so far this week ahead of September's CPI report, which is expected to give the Fed another reason to keep tightening....

USDJPY is trading above the 146.00 mark for the first time since 1998, when a sharp decline back to 101.00 by late-1999 followed. Should...

Yesterday's drop in crude oil prices helped USDCAD to trade above the 1.3850 mark for the first time since May, 2020. Is the surge...

USDCAD bulls did their best to recover from last week's initial plunge to 1.3503, but the pair still closed in negative territory on Friday....

EURUSD attempted a recovery last week, but were stopped at the parity level and lost over 250 pips from there. What does this mean...

USDJPY closed above 145.00 in the first week of October, in a sign the bulls are not ready to give up just yet. What...