Tag: FOREIGN EXCHANGE

EURUSD surged sharply last week, despite hardly any changes in the macroeconomic and geopolitical outlook for the EU. Is there still any hope left...

USDCAD returned to the price range it has been trading in for almost a year now. Elliott Wave analysis helped us find the key...

USDJPY kept falling last week, prompting some traders to wonder whether the uptrend has actually ended at 131.35. What is the Elliott Wave principle...

Christine Lagarde said the ECB is in no hurry to withdraw its support for the economy, despite rampant inflation across the board. Yet, EURUSD...

USDJPY lost some more ground since the start of the week, dipping below 126.40 yesterday. Is this the start of a new downtrend or...

USDCAD made a new low Monday, but remains mostly unchanged so far this week. Where is the pair headed to next and is its...

USDJPY dropped again last week in what pundits like to call profit-taking. The good news is that it fits in the Elliott Wave count...

USDCAD fell last week in a correction Elliott Wave analysis prepared us for last weekend. Are the bulls getting discouraged or just taking a...

EURUSD made a sudden, but not unexpected recovery last week, that fits nicely in the Elliott Wave structure we've been tracking for a while...

EURUSD made a sudden jump this week on the back of the news that the ECB might be ready to join the Fed in...

USDCAD fell below the 1.2800 mark this week, as the pair is still within the gravitational pull of the 1.2900 support-resistance area. Can the...

USDJPY is little changed so far this week as traders wonder if the uptrend can still be relied on, following the recent dip to...

USDCAD reached a new 2022 high, but eventually fell and closed the second week of May almost unchanged at 1.2911. Is this a major...

We finally saw a meaningful retracement in USDJPY last week, suggesting that the uptrend is maybe slowing down. Can we still expect a new...

EURUSD came close to breaching the January, 2017, bottom as inflation and the war in Ukraine keep the pair under pressure. No trend lasts...

The support near 1.0500 has slowed the selloff in EURUSD, but how much longer can it prevent the pair from dropping further? What is...

USDJPY made a new high earlier this week, but the bulls seem to be finding it harder and harder to maintain momentum. Is a...

USDCAD reached heights last seen in late-2020 on the back of a decline in WTI crude oil prices. How high is the pair likely...

USDCAD recovered from its post-Fed rate hike drop last week and finished above 1.2900 on Friday. Can the bulls finally breach that strong resistance...

EURUSD ended last week almost unchanged even after the Fed raised interest rates by half a point and signaled more such hikes to come....

USDJPY reclaimed the 130.00 level last week following the Fed's first half-point rate hike since 2000. Where is the pair headed to next? That...

Despite the well-known inverse relationship between USDCAD and the price of oil, the two have moved up in tandem on numerous occasions in recent...

EURUSD is mostly unchanged so far this week as traders await the Fed's interest rate decision later today. There is a key level to...

USDJPY seems to be slowing down after the phenomenal surge we saw in recent weeks. The uptrend is unfolding in a familiar Elliott Wave...

USDCAD appears on the verge of breaking out through a major resistance area between 1.2900 and 1.3000. Can the bulls pull that off or...

USDJPY exceeded the 130.00 mark in the final week of April and with a likely half-point rate hike by the Fed it is all...

As expected, EURUSD 's downtrend accelerated in the final week of April. The bearish target Elliott Wave analysis helped us identify weeks ago is...

Just as Elliott Wave analysis predicted, USDCAD bulls registered another good week as April drew to a close. Can they keep pushing the pair...

Russia showed its willingness to weaponize energy by cutting gas supplies to Bulgaria as an apparent warning shot towards EU countries refusing to pay...

USDJPY is finally slowing down after its phenomenal surge that led it to its highest level in 20 years. Can the pair exceed 130.00...