Tag: CURRENCIES

A very clear Elliott Wave pattern seems to be almost complete on the hourly chart of USDJPY. Where does it lead? Read in our...

EURUSD climbed by about 60 pips last week, but with Germany on the brink of an energy shortage-induced recession, do the bulls really stand...

USDCAD is once again having difficulties breaching the 1.29-1.31 resistance area. The pair dipped last week, but does this mean it is headed towards...

USDJPY exceeded 136.70 last week, but closed almost 150 pips lower, highlighting the bulls' likely exhaustion. Should we expect a major bearish reversal, and...

USDJPY keeps rising as the Bank of Japan seems unprepared to deal with rising inflation for the first time in over 30 years. How...

EURUSD keeps sliding as the Fed shows a stronger determination than the ECB to do what it has to in order to bring inflation...

USDCAD is down a bit so far this week as crude oil took a sharp plunge, as well. Is the inverse relationship between the...

With the Fed seriously fighting inflation and the ECB taking it slowly, pressure is mounting again on EURUSD. Is parity still on the cards?...

The Fed got really aggressive in its aim to bring inflation down, while the BOJ sticks to its loose monetary policy. Does this mean...

In a move Elliott Wave analysis helped us predict, USDCAD rose sharply last week on the back of recession fears and crude oil weakness....

EURUSD fell sharply this week as traders expect the Fed to raise rates significantly later today, making the greenback more scarce in theory. Can...

USDCAD keeps rising in a move that fits nicely into our Elliott Wave count. How would today's Fed interest rate decision likely affect the...

USDJPY came close to the 136.00 mark in a sign the bulls would do everything to stay in control. Can today's interest rate decision...

Despite the ECB's willingness to start raising rates as soon as July, EURUSD dropped sharply last week as US inflation data came in worse...

USDCAD surged sharply last week as the strong CPI data from the US reinforced traders' hawkish Fed expectations. Can the pair finally leave the...

The Bank of Japan finally signaled it is ready to intervene in order to put the brakes on the yen's relentless plunge against the...

EURUSD lost some ground in the first days of the week. Does this mean that the prior downtrend has resumed or is this just...

USDCAD keeps falling which should be no surprise given that crude oil keeps rising. None of these two trends is going to last forever,...

USDJPY made a new high above 133.00 this week as the imbalance between the Fed's and the BOJ's monetary policies takes its toll on...

USDCAD lost some more ground last week as the EU's Russian oil embargo pushed crude prices sharply up again. No trend lasts forever, especially...

EURUSD remained mostly unchanged last week as the markets await the meeting of the Governing Council of the ECB in the Netherlands on June...

USDJPY surged sharply last week in a move Elliott Wave analysis had been preparing us for for a while. What is next for the...

EURUSD is mostly unchanged since the start of the week, following the sharp surge we saw over the past weekly session. Traders will be...

USDCAD respects its inverse relationship with crude oil again, as the pair is sliding this week while WTI surges. Can we expect more weakness...

USDJPY is rising again as the Bank of Japan stubbornly refuses to admit that the country, too, might have an inflation problem soon. How...

EURUSD surged sharply last week, despite hardly any changes in the macroeconomic and geopolitical outlook for the EU. Is there still any hope left...

USDCAD returned to the price range it has been trading in for almost a year now. Elliott Wave analysis helped us find the key...

USDJPY kept falling last week, prompting some traders to wonder whether the uptrend has actually ended at 131.35. What is the Elliott Wave principle...

Christine Lagarde said the ECB is in no hurry to withdraw its support for the economy, despite rampant inflation across the board. Yet, EURUSD...

USDJPY lost some more ground since the start of the week, dipping below 126.40 yesterday. Is this the start of a new downtrend or...