Tag: CURRENCIES

USDCAD rose for the second straight week to reach a new 2024 high after the Bank of Canada lowered its policy rate by another...

USDJPY was on track to lose over 500 pips at one point last week, before bumping into the strong support near 152.00. Is it...

In our latest Elliott Wave update of EURUSD we examine the forex pair's 4-hour chart and identify a key level to watch for trading...

USDCAD 's recovery has now taken the forex pair to the 1.38-1.40 resistance area, which has been a tough nut to crack for nearly...

USDJPY is falling for the third straight week in a move Elliott Wave analysis put us ahead of. Is there a strong enough support...

In just one week, USDCAD bulls managed to recoup almost all the losses they'd suffered during the previous four. Can they finally breach the...

EURUSD slipped slightly last week after the ECB kept rates unchanged, but said that a September cut decision is 'wide open'. Can the forex...

USDJPY lost some more ground last week after higher initial jobless claims strengthened the case for the first rate cut to arrive in September....

EURUSD is mostly unchanged so far this week, but another soft initial jobless claims report on Thursday could easily reignite the pair's rally. Is...

USDCAD is rising after five consecutive weeks of losses. In our latest Elliott Wave update we identify the key level the bulls need to...

USDJPY is falling for the second straight week as the fear of another BOJ intervention weighs on forex traders' minds. Is there a support...

USDCAD briefly dipped below 1.3600 last week, but the bulls fought back to finish the trading session above it on Friday. Can the recovery...

EURUSD closed a weekly trading session above the 1.0900 mark for the first time since March on lower US inflation in June. Can the...

USDJPY fell sharply last week on lower US inflation in June and after the Bank of Japan's third intervention in as many months. Elliott...

EURUSD is slipping ahead of tomorrow's initial jobless claims and inflation reports. In our latest Elliott Wave update we identify the two key levels...

USDCAD has barely moved this week as forex traders await the next batch of jobs and inflation data to come out on Thursday.

USDJPY is up this week after Jerome Powell told the House that the Federal Reserve is in no rush to start cutting interest rates....

USDCAD barely help above 1.3600 last week after weak employment data for June raised the odds of a Fed rate cut sooner rather than...

It took EURUSD a month to climb back above the 1.0800 mark after falling to 1.0666 in mid-June. Can the recovery continue in the...

USDJPY climbed to just five pips shy of the 162.00 mark last week, before closing the session mostly unchanged on Friday. Is this retreat...

USDCAD has already given up most of its early gains this week after the resistance near 1.3800 proved tough to break once again. Should...

EURUSD is rising this week as the results from the first round of the French election came in better than feared. Can the pair...

USDJPY is up by 100 pips already this week even as the BOJ intervention threat continues to loom large. What are forex traders supposed...

EURUSD registered a monthly drop in June after the ECB began to cut interest rates, while the Fed remained rather hawkish. In our latest...

USDCAD was plunging early last week, but the bulls managed to limit the damage helped by the strong support near 1.3600. Can the recovery...

USDJPY has now officially recouped all its losses from the two BOJ interventions two months ago. Is it a good idea to join the...

In our latest Elliott Wave update of USDCAD we discuss the meaning of the bounce from the support near 1.3600 and how to trade...

EURUSD looks weak for the fourth straight week. In our latest Elliott Wave update we examine the meaning of the recent slump and identify...

USDJPY is flirting with new multi-decade highs as the BOJ will have to do more than a couple of short-term interventions to support the...

USDJPY surged to nearly 160.00 again last week as forex traders don't seem to be afraid of another intervention by the Bank of Japan....