Tag: FOREX RATES

It’s been over a year since Liz Truss’ mini-budget plunged GBPUSD to under 1.0400 in September, 2022. The Pound Sterling is looking much better...

USDJPY finished in negative territory for the third straight week on rather dovish remarks by Fed Chair Jerome Powell. Is the uptrend officially over?...

EURUSD briefly peeked above the 1.1000 mark, before falling back down to close the week below 1.0900. Can the pair's recovery continue in December?...

The well-known inverse correlation between USDCAD and crude oil seems to be no longer at work as the two have been falling in tandem...

Falling treasury yields are dragging USDCAD down with them as forex traders no longer expect the Fed to keep raising interest rates. Is there...

EURUSD briefly peeked above the 1.1000 mark, but a decisive breakout is a far from certain, despite falling US treasury yields. Is the bulls'...

Long-term treasury yields are dropping and taking the dollar down with them with USDJPY being one of the casualties. Can the pair rebound soon?...

EURUSD added more gains to its already impressive November tally last week. Can we expect more of the same in December? Read in our...

Things looked really bad for USDJPY bulls at one point last week when the pair was down by 250 pips. They managed to regroup,...

November is shaping up as a bad month for USDCAD bulls, who suffered losses in three of the last four weeks. Can they turn...

Despite the numerous ups and downs, USDCAD is practically unchanged since the beginning of the week, hovering around 1.3720. In today's Elliott Wave update...

EURUSD bulls are taking a break following the impressive run they had last week. In today's Elliott Wave update we identify the key level...

USDJPY is trading in negative territory for the second straight week after the bulls got discouraged by the resistance near 152.00. Can they regroup...

USDJPY tried and failed to exceed 152.00 again last week after weak labor data and lower inflation made another rate hike even less likely....

In a move, which Elliott Wave analysis helped us to predict, EURUSD surged sharply to over 1.0900 last week on weaker October inflation. Is...

USDCAD closed in negative territory last week after inflation data for October made it even less likely for the Fed to raise rates again....

USDJPY was on the verge of a new multi-decade high earlier this week, before October's inflation numbers dragged it down. Can the bulls finally...

EURUSD surged sharply yesterday on bets that US interest rates might be coming down sooner than previously expected. Elliott Wave analysis had prepared us...

Lower-than-expected October inflation put rate cuts on the horizon for 2024 and dragged USDCAD sharply down yesterday. Is there a support in sight for...

The start of November looked promising for EURUSD bulls, but they failed to build on that momentum and suffered a loss last week. Does...

The second week of November was nothing like the first for USDCAD as the forex pair surged by over 140 pips. Can the bulls...

USDJPY registered a weekly close above the 151.00 mark for the first time since July, 1990, as high US interest rates strengthen the dollar....

While EURUSD is trading in the red this week, forex traders are wondering if this is a dip to buy or the resumption of...

In today's Elliott Wave update of USDJPY we examine the pair's 4-hour chart and identify the key price level forex traders must keep an...

USDCAD is up sharply this week, but is it safe to rejoin the bulls now, or is this just a corrective rally before the...

USDCAD fell sharply last week after the bulls got discouraged by the strength of the resistance near 1.3900 and the weakness in the labor...

EURUSD gained a lot of ground last week after the Fed kept rates steady and economic data showed inflation was cooling. Can this be...

A year ago, USDJPY failed to conquer 152.00 and then fell 16% over the next three months. Last week, its second attempt proved unsuccessful,...

EURUSD, the world's most traded pair, will inevitably be an important battleground between bulls and bears following today's Fed decision. In our latest Elliott...

The Bank of Japan barely touched its monetary policy earlier this week, emboldening the bulls to lift USDJPY even higher. Where are they ultimately...