Tag: CURRENCIES

Ten days ago, on June 1st, we published an article, called “USDCAD Ready For A Weak Week?”. As always, its title was inspired by...

AUDUSD rose sharply from 0.76 to 0.7818 yesterday. If we take a look at this rally on a 5-minute chart, we will see that...

The USDJPY bulls made a spectacular performance in the last two weeks. The US dollar rose from 118.86 to 125.05 against the Japanese yen....

In our previous analysis of USDCAD, published almost a month ago, we said that “we can prepare for a significant recovery in the near...

The pound proved to be one of yen’s strongest rivals in the last month and a half. The pair rose from below 175.00 to above...

In the middle of April, EURJPY touched the lows of 126.00. A month later, it went close to 137.00. An 11-figure recovery may sound...

Less than two weeks ago, on May 6th, we published “EURUSD Parity Still Possible?”. With the EUR USD pair at 1.1236, we were expecting...

January 15th, 2015, is a date some FOREX traders will never forget, especially those with positions against the Swiss franc.  “Business Insider” gives a pretty clear...

It has been almost a year since we published “GBPUSD, Not As Optimistic As It Seems”. 360 days ago, GBPUSD was trading close to...

Yesterday we gave you our insight on the exchange rate between the euro and USD, saying that EURUSD parity is still possible. But the...

In our previous post about EURUSD we came up with the idea of a triangle correction in progress. The invalidation level for that count...

April was not the best of months for the bulls on USDCAD. Not only the March top of 1.2835 remained untouched, but the pair fell...

We have already shown you “how to recognize an unreliable support” by using the Elliott Wave Principle. The thing is that this support, once...

After falling to 1.0460 in the middle of March, the bulls on EURUSD managed to fight back, which led the pair to 1.1050 in...

“Wave C, which is currently under construction, does not look finished yet.” That is what we said on January 9th in “Decoding EURCAD’s Strange...

The Great Britain pound proved to be stronger than the Japanese yen after the FED’s minutes last week, when GBPJPY jumped sharply from 177.10...

On March 6th we published “USD Index Has An Unpleasant Surprise?”, warning you that there was a triangle on the 4-hour chart. Triangles are...

In the beginning of February, we posted a forecast of EURAUD, called “EURAUD Ready For Another Sell-Off”. In that material we applied the Elliott...

The USD Index looks like it is unstoppable, flirting with the 97.00 mark. Does this mean you do not have to analyze it anymore?...

We have been waiting for a bottom in EURGBP for quite a while now. In our previous analysis of this pair – “EURGBP Could...

Last week, USDJPY topped close to 120.50 and has been trading below this mark ever since. According to the bigger picture, 120.50 should be...

GBPUSD formed a bottom at 1.4950 on January 23rd. Some 20 days later, the pair climbed above 1.54. Should we expect the recovery to...

More than a month ago, on January 10th, we posted “NZDJPY Has Four Technical Reasons To Fall”, saying that “NZDJPY should soon be expected...

The USDCAD exchange rate touched 1.28 last week, but the bulls could not resist, which led to a decline of roughly 450 pips to...

“Wave (B) could take the form of a triangle or an expanding flat. It is too early to say what it will be right...

It’s been 7 months since we published “NZDUSD Approaching a Major Resistance” on June 30th, 2014. The forecast assumed NZDUSD is getting close to...

Both the euro and the Australian dollar fell victims to the US dollar, but it is interesting to see the perspective, when they face...

“102.84 could turn out to be a major top, because AUDJPY may have just made the first step of a long journey to the south.” This...

“The second scenario assumes the pair could still be in a larger sideways correction, a triangle for example. If this is the case, the...

If you are a technical analyst you have probably heard that we, chartists, cannot predict long term movements in the market, because the big...