Tag: ELLIOTT WAVE THEORY

Have you been in a situation where you’ve put in weeks and months of effort to study a trading strategy, only to find out...

WTI crude oil almost touched $95 a barrel last week, but the bulls couldn't maintain momentum and allowed a close below the $91 mark....

USDJPY climbed further last week after Japan's former Vice-Finance Minister implied that 155.00 is the level to watch for a BOJ intervention.

EURUSD extended its losing streak to eleven weeks in a row after the Fed signaled it is going to keep rates higher for longer....

USDCAD surged on Friday after weak GDP data strongly indicated that the Bank of Canada is done with raising interest rates. Can the recovery...

The price of gold plunged by 4% last week after the Fed signaled it would keep interest rates higher for longer than traders had...

The SP500 closed in negative territory for the fourth straight week, but it feels like both bulls and bears have something to cheer about....

The Nasdaq 100 was established in 1985 and currently comprises the stocks of the biggest 100 non-financial companies listed on the Nasdaq exchange. Even...

EURUSD approached 1.1300 in mid-July on bets that the Fed would soon announce a pause and the ECB would have to keep hiking. Fast-forward...

Crude oil is up this week as Russia's exports ban on diesel and gasoline puts another strain on global fuel supply. Has the uptrend...

EURUSD is down for the eleventh week in a row and has now almost reached the bearish target we identified over two months ago....

In today's Elliott Wave update of USDJPY we explain why it is now or never for the bears, and identify the key level to...

The yellow metal has dipped below $1900 as "higher for longer" is not something gold investors like to hear when it comes to interest...

In agreement with what Elliott Wave analysis had suggested, USDCAD is up so far this week. How high can the forex pair go this...

September is turning into a real nightmare for investors in stocks as the SP500 is down more than 5% already this month. Can the...

W.P. Carey is a real estate investment trust, which owns and leases high-quality mission-critical commercial properties. The company was founded in 1973 and has...

Crude oil bears claimed their first weekly victory for the month after the bulls failed to breach the $93-$94 resistance area. Is a second...

USDJPY achieved a weekly close above the 148.00 mark for the first time in almost a year after the Fed's hawkish tone helped the...

In a move which Elliott Wave analysis helped us to predict, USDCAD plunged sharply last week before finding support just under 1.3400. Is this...

Gold was on its way to breaching the $1950 resistance area, but the Fed's hawkish tone discouraged the bulls and led to a barely...

Traders have probably forgotten how does it feel when EURUSD is rising as the pair closed in negative territory for the tenth straight week....

The SP500 fell sharply last week after the Fed abstained from another rate hike, but kept its rather hawkish tone intact. Are stocks approaching...

As USDJPY traders await the BOJ's decision on Thursday, we've identified the key resistance area both bulls and bears must pay attention to. Take...

EURUSD is little changed since the start of the week as forex traders are understandably hesitant to act before hearing what Jay Powell has...

In yet another occasion when USDCAD and crude oil are moving in tandem, the forex pair is down for the second week in a...

The price of WTI crude oil is down for the week after it bumped into the strong resistance area near $93 a barrel. How...

The price of gold gave up most of its weekly gains after Jay Powell's semi-hawkish message. In doing so, it seems to have drawn...

The SP500 has barely moved since the beginning of the week as investors await the Fed's decision on interest rates on Wednesday. Elliott Wave...

Despite the proliferation of digital wallets, one can hardly find a crack in Visa’s and Mastercard’s business models. Apparently, people are not willing to...

Despite Alibaba ‘s leading position in China’s e-commerce market, long-term investors have little to show for it. The company went public on the NYSE...