Tag: ELLIOTT WAVE THEORY

EURUSD is up slightly this week as traders brace for more rate cuts by the Fed going forward. Is the recent uptrend ready to...

WTI crude oil is rising despite global glut fears as US sanctions against Russia's Rosneft and Lukoil are about to go into effect soon....

Gold is rising this week despite the end of the US government shutdown as the bulls feel encouraged by expectations of a Fed rate...

In today's Elliott Wave update of USDCAD we identify the key level to watch for trading purposes as the pair slides on Fed rate...

USDJPY is rising this week after Japan Prime Minister Sanae Takaichi reinforced expectations of fiscal expansion under the new administration. In today's Elliott Wave...

The SP500 is up this week after the longest US government shutdown in history finally ended. Is it all blue skies for stocks from...

Used car retailer CarMax is among the market’s worst performers this year. The stock is down 60% in 2025 as high inflation and strained...

Gold continues to gravitate around $4k as traders balance government reopening optimism versus labor market and AI bubble fears. Is this another dip to...

The SP500 dipped last week after Michael Burry's bet against Nvidia and Palantir sparked fresh fears about an AI bubble. Is he right, wrong,...

WTI crude oil dipped below $60 a barrel last week despite sanctions on Russia as oversupply fears continue to linger. Is there a support...

The first week of November didn't go as planned for USDJPY bulls as the resistance near 154.50 proved to be a tough nut to...

USDCAD finished in the green last week, but the bulls failed to close above 1.4100 on Friday. Can they do it next week or...

EURUSD bears couldn't break 1.1470 last week, but can that support be relied on to produce a sustainable recovery? That's the subject of discussion...

At 40 times forward earnings, the ultimate luxury car brand Ferrari is far from cheap. The stock is trading a few cents below $407...

Gold is trading in the red for the third week in a row, despite liquidity worries amid increasing repo market activity. Buy the dip...

WTI crude oil keeps hovering around $60 a barrel as traders weigh oversupply concerns, Russia sanctions and OPEC decisions. Can the bulls prevent a...

EURUSD is sliding for the third straight week as traders pare back bets for aggressive Fed easing. How much further can the pair drop...

While USDJPY is down a bit this week, in today's Elliott Wave update we discuss if betting against the bulls is a good idea...

USDCAD is trading above 1.4100 for the first time since early-April. In today's Elliott Wave update we discuss if the pair's uptrend can continue,...

The SP500 is sliding this week, dragged down by Big Tech weakness amid AI bubble fears. How much further can stocks drop before finding...

Gold's second week in the red must be a real disappointment for the bullish FOMO crowd, but it could've been worse as the metal...

It was a relative calm week for crude oil as the Trump-Xi meeting eased geopolitical tensions despite increasing friction with Russia. In today's analysis...

EURUSD fell last week after Jay Powell's hawkish interest rate cut made traders doubt if further easing is guaranteed. Is there a support in...

USDJPY traded above 154.00 for the first time since February last week following the Fed's hawkish cut. Is a new multi-decade high on the...

USDCAD found its footing in the critical 1.3900 support area to close the week above 1.4000. Can the bulls continue to push the pair...

The SP500 conquered 6900 for the first time as investors cheered the Trump-Xi meeting and most of Big Tech earnings. Can the index go...

Less than a year ago, Huntington Ingalls was growing revenue at mid-single digits. At $191 per share, the stock was down 36% from its...

WTI crude oil is down this week despite fresh military strikes in Gaza. In today's update we put this drop into bigger Elliott Wave...

EURUSD hasn't moved much this week as traders await today's FOMC decision on interest rates. In today's Elliott Wave update we focus on the...

USDCAD is falling this week after Trump slapped an additional 10% tariff on Canadian goods. In today's Elliott Wave update we identify the key...