Tag: ELLIOTT WAVE PRINCIPLE

USDJPY surged sharply in 2021, but has really been skyrocketing in 2022. The pair started this year from 115.11 in January. Ten months later...

Bitcoin made it to the $17k mark again on hopes that a less aggressive Fed would lead to a boost for risky assets such...

The EU embargo and the $60-a-barrel price cap on Russian crude oil agreed on by the EU, G7 and Australia go into effect this...

EURUSD surged again last week on the back of smaller Fed rate hike expectations going forward. Is it all clear for the bulls from...

Expectations for smaller rate hikes by the Fed going forward helped encourage traders to push the price of gold higher last week. Where are...

USDJPY plunged sharply last week after less hawkish comments by Fed Chairman Jerome Powell encouraged traders to bet against it. Is there a bottom...

USDCAD surged to almost 1.3650 last week, but the bulls were stopped at an important resistance line. Can they return to breach it this...

The SP500 started December on a positive note after Jerome Powell signaled the Fed's readiness to slow the pace of rate hikes. Does this...

More than four years ago, we wrote that there was a “bearish omen” on the historical chart of AUDUSD. There was a complete 5-3...

Bitcoin is attempting a recovery, but has yet to break above the $17k mark. Is the bottom finally in and how high can the...

USDJPY is down for the week so far after falling to a new low under 137.50 on Monday. There is now a clear Elliott...

The price of gold is mostly unchanged so far this week and the key level we've been watching remains intact. Find our where it...

Despite the initial new swing high, EURUSD is down so far this week in a bearish reversal Elliott Wave analysis helped us anticipate. Where...

USDCAD is up sharply so far this week, despite the fact that crude oil is also rising and the inverse correlation between the two....

WTI crude oil is up as the European Union's ban on the purchase, import or transfer of Russian oil is about to go into...

The SP500 is down so far this week, but does this mean this "bear market rally" is over as the economy seems headed into...

Legacy media and entertainment companies have been struggling lately. The stocks of Comcast, Disney, Paramount and Warner Bros Discovery have been badly underperforming the...

Bitcoin is up by over $1000 from last week's dip below $15 500, but this gain is still too insignificant compared to the crash...

USDCAD finished last week mostly unchanged, despite the sharp drop in crude oil prices and the inverse relationship between the two. In today's Elliott...

Crude oil was down by over $5 a barrel at one point last week as OPEC's production cuts fail to push the price up....

EURUSD climbed last week as many traders think it is now time for the ECB to catch up to the Fed in terms of...

The price of gold changed little during November's last full week, but still enough to cheer the bulls up a bit. We are still...

USDJPY fell again last week, despite expectations that the Fed will slow the pace of rate hikes going forward. Could it be that the...

In a holiday shortened week, the SP500 still managed to add to its recent gains, climbing to 4034 despite all the recession doom and...

Bitcoin is up by over $1000 from its Monday low, despite yet another large crypto player - Genesis - showing signs of distress. Is...

WTI crude oil barely held above the $75 mark on Monday, before gaining more than $7 a barrel to over $82. How does that...

EURUSD managed to recover most of Monday's decline, fueled by hopes of an upcoming 75 bps rate hike by the ECB. Should traders bet...

The price of gold is down for a second consecutive week and traders are starting to wonder whether to buy the dip or join...

USDJPY's drop from 152.00 to under 138.00 was followed by a recovery of almost 500 pips. Is this a recovery to sell or a...

USDCAD is little changed since the start of the week and key invalidation level Elliott Wave analysis helped us identify is still intact. Take...