Tag: ELLIOTT WAVE PRINCIPLE

In today's Elliott Wave update we identify the key level to watch for trading purposes and discuss what to expect if it gets broken...

USDJPY has already erased all of last week's gains and then some as Takaichi's policy framework paves the way for more BOJ tightening. In...

EURUSD is rising as traders are again selling the dollar to buy almost anything else. Should we join them, though, or bet against them?...

Gold is trading in the green for the second week in a row, but the bulls have yet to escape the gravity of the...

Crude oil is little changed this week as Iran and oversupply worries pull in opposite directions. Are the bulls or the bears more likely...

The SP500 is trading in the green for the fourth week in a row, but it has yet to decisively break the 7k mark....

The bulls' late but strong comeback on Friday helped the SP500 close last week's trading session down by just 7 points. Can the rally...

EURUSD dipped again in the first trading week of February, but the support near 1.1800 continues to give the bulls hope. Can they really...

Gold ended the volatile first week of February in the green after rising by more than $560 an ounce from Monday's low. Can the...

In today's Elliott Wave analysis of USDCAD we identify the key level to watch for trading purposes after the pair started on a positive...

BOJ intervention fears seem to have faded away like a bad dream after USDJPY rose by nearly 250 pips last week. How much further...

Crude oil dropped last week on hopes that a strike on Iran could be avoided through negotiations. Can the recent recovery continue anyway? Read...

With a market cap of roughly CHF 2B, Swiss aerospace components manufacturer Montana Aerospace often flies under investors’ radar. The company has recently been...

While the support near 1.1800 still holds, EURUSD is also far from last week's high near 1.2080. In today's Elliott Wave update we discuss...

Gold was down by $1200 from it record high at one point, before recovering to trade in the green so far this week. In...

Crude oil is down on a weekly basis for the first time since December as traders bet that Iran negotiations would eventually bear fruit....

USDJPY is rising this week as traders bet that the recent sell-off has minimized the BOJ intervention risk. Are they playing with fire, though?...

USDCAD bears are on the defensive as the pair is trading in the green for the first time in three weeks. Can it keep...

The SP500 is down this week as the bulls have yet to decisively break the psychological resistance near the 7000 mark. Root for them...

Gold topped $5600 for the first time before plunging by almost $1k in just to days last week. It only shows that there is...

USDJPY bulls limited the damage but still couldn't prevent a weekly loss even after Trump calmed the market by picking Kevin Warsh for new...

USDCAD dipped below 1.3500 for the first time since September, 2024, as the pair suffered a second weekly loss in a row. Is the...

Crude oil rose by more than 7% last week as traders fear delivery disruptions in the case of US military strikes in Iran. Could...

EURUSD topped 1.2000 for the first time since mid-2021, before losing momentum to close below 1.1900 again last week. Is this a dip to...

It was a relatively calm week for stocks as the SP500 topped 7k for the first time and Trump picked Kevin Warsh to be...

Investors buying into an IPO usually regret it very soon. That’s because initial public offerings are often deliberately overpriced so that the company can...

Crude oil is up on fears of a US military intervention in Iran. In today's Elliott Wave update we discuss if further gains make...

EURUSD approached 1.2100, before losing ~100 pips to drop below 1.2000 again. Is this a dip to buy? In today's Elliott Wave update we...

Even the mere fear of BOJ intervention was enough to cause a sharp drop in USDJPY. How much further can the pair fall before...

USDCAD keeps plunging as rising oil prices give Canada' economy a helping hand. How much further can the pair drop before finding support? Read...