Tag: CURRENCIES

The New Zealand dollar bottomed close to 0.77 against the US dollar in the end of September and has been trading above that level ever...

Deutsche Bank predicts 0.9500 for EURUSD by the end of 2017. According to Goldman Sachs Group Inc., the Euro will reach parity with the...

EUR USD rate touched 1.25 on Friday last week, but managed to recover and is currently trading around 1.2640. How high should traders expect this...

Four days ago, on 2nd October, we showed you an analysis of the GBPCHF exchange rate, expecting it to fall to 1.53. Those of...

USD JPY dropped by more than 200 pips last week, but managed to recover almost completely. Is this a sign of the bull’s strength...

“Do I see a pattern I recognize?” is the question every Elliott Wave analysis should begin with. The 1-hour chart of GBPCHF gives us...

USD JPY has been in a strong uptrend for the last two months. Is it time for the bulls to take a rest? Traders...

On July 10th 2014 NZD USD hit 0.8833. Today, September 29th, the exchange rate touched 0.7704. Could this 1100-pip move be predicted? Yes, it...

The USDCAD exchange rate has been in a steady rise this week. Are the bulls getting exhausted now? Should traders prepare for a reversal...

July 24th 2012. The Eurozone is trembling in an unseen debt crisis. In the same time the Euro barely manages to stay above 1.20...

USDCAD looks quite strong after a rally of more than 170 pips. Could this strength be deceptive? Traders may be willing to find out....

The smallest time-frames are usually observed by daytraders. If you are one of them, this article may be helpful. The GBPUSD rate managed to...

AUDUSD lost more than 500 pips since the beginning of July. “Should we expect a reversal or the decline is set to extend?” is...

The GBPUSD exchange rate dropped by more than 1100 pips during the last two months. Traders are probably wondering if it is time for...

EURUSD is approaching 1.30, but is this a reason for optimism? Traders are probably eager to know that. The EUR USD rate managed to recover...

The AUDUSD currency pair fell by more than 100 pips during the last two days. This forecast suggests that the weakness is not over....

USDCAD declined as expected. Another drop-off is probable before the recovery starts. Traders may find this article helpful.  USDCAD was close to 1.10, when...

After showing you the bigger picture of NZD USD last week, now it is time to go deeper into the details. The 15-minute chart...

According to the Elliott Wave Principle, trends move in waves – five waves in the direction of the larger trend, followed by three waves...

On July 2nd we published “USDRUB ready to resume the uptrend”, saying that “having the wave structure and the Fibonacci level in mind, we...

“There is still some room for NZDUSD to reach 0.8850 – 0.8900, but if this happens, it should not be taken as a bullish...

If you have been studying the Elliott Wave Principle, you probably know that once you have a complete five-wave sequence, you should expect a...

USD JPY has been extending its correction a few times during the last six months. Nevertheless, it was unable to reach 104.95 so far,...

In our previous analysis of EURUSD we said that the pair could revisit 1.35. We still think so, but it looks like there would...

It was 3rd July 2014, when we said that AUDUSD begins a corrective decline. Things have been going according to plan so far, with...

The area around 101.00 proved to be a very strong support level for USD JPY, since the pair jumped up from it three times...

The 15-minute chart of EUR GBP shows a clear 5-3 Elliott Wave cycle. According to the theory, we should now expect another five-wave decline...

It has been a long way down for EUR USD since the last major top, which occurred near 1.40.  Currently around 1.3350, the time...

GBPCHF has been in a strong uptrend for a long time now, but recently fell down from 1.5430 to 1.5209. Should you buy the...

On May 17th we published a long-term forecast called “GBPUSD, not as optimistic as it seems“. In that material we assumed that GBPUSD is...