Tag: FOREIGN EXCHANGE

EURUSD surged sharply last week even as the ECB might start lowering interest rates before the Fed does. Elliott Wave analysis helps us to...

USDJPY again failed to exceed 152.00 last week, but the bulls believe that a breakout is only a matter of time. Is it, though?...

In today's Elliott Wave analysis of USDCAD we examine if the pair's timid recovery can gather more pace and identify the key level to...

EURUSD is down for the fourth straight week and the bulls are probably wondering if the support near 1.0700 is going to hold. Elliott...

The Bank of Japan may have scrapped its ultra-loose monetary policy, but that didn't discourage USDJPY bulls from pushing higher. Can we expect a...

USDCAD bulls are trying to recoup last week's losses. In today's Elliott Wave update we examine their chances of success.

Elliott Wave Update of USDCAD – April 3rd, 2024

EW Pro Forex 03 Apr 24

USDCAD bulls are trying to recoup last week's losses. In today's Elliott Wave update we examine their chances of...

EURUSD fell for the third week in a row and finished the month of March below the 1.0800 mark. Should we expect a reversal...

USDJPY nearly conquered the 152.00 mark last week, before losing momentum to close the session ten pips down on Friday. With a BOJ intervention...

USDCAD lost traction at the end of March and the bulls couldn't make it to three months with gains in a row. Can the...

In today's Elliott Wave update of EURUSD we examine the two most likely scenarios for the pair going forward and identify the key level...

USDCAD keeps gravitating around 1.3600, which has proven to be an important resistance level in the past. Can the bulls break it soon? Read...

The yen keeps sliding against the US dollar, leading to increasing expectations of an intervention by the Bank of Japan. In today' Elliott Wave...

EURUSD plunged last week as both the Fed and the ECB seem poised to start cutting interest rates in June. Is there a support...

USDCAD recovered from the initial drop and closed higher last week, even though the Fed is almost certainly going to start cutting rates in...

USDJPY surged last week despite the BOJ's abandoning its ultra-loose policy and the Fed's reassurance that rate cuts are coming in June. Is this...

In today's additional Elliott Wave update of USDCAD we examine where does Wednesday's selloff fit into the bigger structure and what does it mean....

EURUSD is in the red for the second straight week as forex traders look forward to today's FOMC interest rates outlook. In today's Elliott...

The Bank of Japan finally ended its ultra-loose monetary policy, but the yen plunged against the dollar anyway. How high is USDJPY going? Read...

USDJPY surged last week even as the Bank of Japan is likely to end its yield curve control and hike interest rates for the...

EURUSD fell last week as US inflation remains sticky and forex traders slowly realize that the Fed is in no hurry to cut interest...

USDCAD kept recovering last week in agreement with our Elliott Wave analysis. In today's update we identify the key level the bulls must defend...

EURUSD bulls are taking a break after three consecutive weeks of gains. Can they proceed to break the strong resistance near 1.1000? Read in...

In today's Elliott Wave update of USDJPY we examine if this week's recovery can be trusted and identify a key level to watch for...

In today's Elliott Wave update of USDCAD we examine what looks like a very clear trading setup, accompanied by a specific stop-loss level.

USDJPY fell sharply last week after the bulls once again got discouraged by the resistance area near 151.00. How low is the pair going...

EURUSD added 99 pips to finish in positive territory for the third week in a row even as the ECB hinted that it may...

In today's Elliott Wave analysis of USDCAD we examine the pair's weekly, daily and 4h charts and identify a key level to watch for...

In today's Elliott Wave update of USDJPY we identify the key level both bulls and bears need to pay attention to for trading purposes....

USDCAD is up for the fourth straight week, but the resistance near 1.3600 is a formidable one. Should we expect a bullish breakout or...

EURUSD is slowly gaining ground as traders don't expect the ECB to cut rates before the Fed. Can the recovery continue after this week's...