Tag: FOREIGN EXCHANGE

USDJPY rose 1.8% last week and has now recouped about half of the losses suffered from the two BOJ interventions the week before. Can...

EURUSD eked out a fourth straight weekly gain as forex traders brace for the latest batch of crucial inflation numbers. Can the pair's recent...

USDCAD initially rose last week, but the bulls lost the initiative and the pair closed the session 12 pips in the red on Friday....

EURUSD is trading in the red after three consecutive weeks of gains. Is this a dip to buy or has the downtrend resumed? Read...

USDCAD is rising this week in a recovery, which Elliott Wave analysis helped us to predict over the weekend. Is it too late to...

Forex traders are once again daring the Bank of Japan to intervene as USDJPY is up by nearly 350 pips from last week's bottom....

The Bank of Japan finally showed determination about stopping USDJPY from climbing further by intervening twice in the forex market last week. Can the...

USDCAD traded in a wide range of 175 pips last week, but neither the bulls nor the bears achieved much in the end as...

EURUSD rose last week after Fed rate cut expectations were pulled forward again following a dovish Jay Powell and a soft jobs report. In...

EURUSD has now erased almost all of last week's gains as traders brace for the FOMC decision on interest rates later today. In today's...

USDCAD is up sharply this week as traders brace for a hawkish Fed later today amid sluggish GDP growth in Canada. In today's Elliott...

The suspected intervention by the BOJ hasn't achieved much so far as USDJPY is almost back at the level it was trading prior to...

The BOJ's indecisiveness pushed USDJPY to a new 34-year high last week as the bulls no longer seem to fear the central bank. In...

EURUSD closed higher for the second week in a row ahead of FOMC's May 1st interest decision. In today's Elliott Wave analysis we identify...

USDCAD dipped last week even as stubbornly high inflation is expected to delay any rate cuts by the Fed at least to September. How...

EURUSD is up for the second straight week, but Friday's PCE index could easily throw it into chaos once again. Not to mention the...

USDJPY is on the verge of reaching another major milestone in the face of the 155.00 mark, as the bulls dare the BOJ to...

The 1.3850 resistance proved to be too strong for USDCAD bulls to breach again as the pair is down for the second week in...

EURUSD is about to get volatile again as traders brace for US GDP data on Thursday and the all-important core PCE index on Friday....

USDJPY came close to the 155.00 mark last week as the Fed's long-awaited rate cuts have been pushed further into the future once again....

Despite postponed Fed rate cuts, USDCAD closed in negative territory last week after the pair bumped into the mighty resistance level near 1.3850. Should...

EURUSD remains under pressure as the ECB is expected to cut rates in June, while the Fed might not even begin to ease this...

USDCAD is up for the third straight week and is already trading within the strong resistance area between 1.3800 and 1.3900. Can the bulls...

The BOJ might have ended its ultra-loose policy, but stubborn US inflation and reduced Fed rate cut hopes are not helping USDJPY bears. Can...

EURUSD plunged last week as the ECB is almost certain to cut rates in June, while high US inflation is likely to prevent the...

USDJPY surged to a new multi-decade high above 153.00 last week on the back of higher-than-expected US inflation in March. Is it time for...

USDCAD soared last week after higher-than-expected March inflation crushed traders' hopes for three rate cuts by the Fed this year. Is it too late...

EURUSD is crashing after March inflation came in hotter than expected, raising the odds of higher-for-longer rates and strengthening the US dollar.

USDCAD is down this week as traders await today's CPI hoping that it will give a hint of when is the Fed going to...

USDJPY is calmly hovering below 152.00 ahead of today's US inflation report. Can the pair finally breach this mighty resistance level? Read in our...