Tag: dollar

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

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...

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...

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...

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?...

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...

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...

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...

“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...

The price of gold went close to $1240 in the middle of December, but the bulls have not been that strong ever since. On...

Corrections are movements against the larger trend. So, when the correction is over, the larger trend should resume. Those of you, who are familiar...

In one word: weakness. In the middle of the year GBPUSD reached above 1.70. Many economists were worried that the Pound’s strength may even...

“If this is the correct count, we should expect a recovery, which could take USDJPY up to the 120s again.” This is the last...

After a very strong performance by USD JPY, which almost led it to the 122 mark, the pair slipped down to about 115.50 as...

No-one would argue, that despite the optimistic first five months, the bulls on EURUSD were pretty much slaughtered this year. The never-ending clash between...

The USDJPY pair is the one, which probably shone the brightest in the FOREX market during 2014. In the beginning of the year, the...

On the 15-min chart of EUR USD we see something, which could easily be taken for a five-wave impulse to the downside, followed by...

This article is not about how the market will react after today’s news. It is about how it is most likely to react, according to...

NZD USD is clearly in a consolidation. The exchange rate appears to be locked between 0.8030 and 0.7650 since the end of September. According to...

In our Education Section there is a lesson, called “Elliott Wave Patterns”, where you can learn in details about all three variations of the...

“If this is the correct count, USD CAD should exceed the top of 1.1316.” Do you remember, when you read this in “USDCAD: A Bullish Elliott...

USD CAD managed to climb above 1.13 in the beginning of the week, but the bulls quickly ran out of power, which brought the...

The USD JPY foreign exchange pair has been in a strong uptrend. Earlier today it climbed to as high as 117.04, but reversed sharply to...