Tag: FOREX RATES

In our latest Elliott Wave analysis of USDJPY we search for the meaning of the pair's sharp surge last week.

Elliott Wave Analysis of USDJPY – October 7th, 2024

EW Pro Forex 05 Oct 24

In our latest Elliott Wave analysis of USDJPY we search for the meaning of the pair's sharp surge last...

EURUSD fells sharply last week after the labor market surprised to the upside in September, likely limiting the size of near-term Fed rate cuts....

EURUSD is down sharply this week in a bearish reversal Elliott Wave analysis put us ahead of. How much further can the pair fall...

USDJPY has recouped last week's losses after the support near 142.00 proved to be too strong for the bears to break again. In today's...

In our latest Elliott Wave update of USDCAD we discuss if more weakness should be expected and identify the key level to watch for...

USDCAD fell to 1.3420 last week, but the bulls managed to fight back and close the session nearly 100 pips higher on Friday. Is...

USDJPY plunged last week after Shigeru Ishiba won the Liberal Democratic Party's presidential election to become Japan's prime minister. In our latest Elliott Wave...

Last week's volatile swings in EURUSD were all in vain as the pair closed at the exact same level as the week before. Can...

EURUSD recouped this week's initial losses and is back near 2024 highs on broad dollar weakness. Is this a good time for traders to...

In our latest Elliott Wave update of USDJPY we identify the two most likely paths forward as well as the key price level that...

USDCAD is down sharply this week just as Elliott Wave analysis had predicted. Is there a support in sight the bulls can rely on?...

USDJPY climbed sharply last week even after the Fed lowered its benchmark interest rate by 50 bps on Wednesday. Can the surge continue and...

EURUSD 's uptrend resumed last week, helped by the 50 bps rate cut the Fed delivered at the start of its easing campaign. In...

USDCAD closed in the red for the first time in three weeks after the Fed's jumbo-sized rate cut. Should we buy the dip or...

USDJPY is up this week even as the Fed is expected to start cutting interest rates later today. In our latest Elliott Wave update...

EURUSD continues to recover as the only question about today's rate cut by the Fed seems to be its size. How much further can...

USDCAD has barely moved so far this week as forex traders await the Fed's first rate cut since the pandemic. How is the pair...

EURUSD barely held above the 1.1000 mark last week after the ECB lowered interest rates again amid weakening Eurozone economy. In our latest Elliott...

The combination of an increasingly hawkish BOJ and a Fed poised to start cutting explains last week's drop in USDJPY. Is there a bottom...

USDCAD gained for the second straight week, but the bulls got discouraged by the resistance just above 1.3600. Can they overcome it or should...

USDCAD is rising for the second straight week, but can the recovery continue as the bulls now face the 1.3600 resistance area? Read in...

EURUSD is closing in on a key price level we've been watching. The pair's mid-term future depends on how it reacts to it. Read...

While USDJPY bulls hope that the 142.00 support area can help them, we examine the pair's charts from an Elliott Wave perspective for clues...

EURUSD returned to the winning path last week even though it could not completely recoup the losses suffered the week before. In our latest...

In a move, which was in accordance with what Elliott Wave analysis had predicted, USDJPY lost nearly 400 pips last week. In our latest...

USDCAD gained last week after Canadian unemployment rose again in August, indicating that the Bank of Canada has more easing to do. Should we...

EURUSD is attempting to stage a recovery from the support near 1.1050, but the bulls seem a bit timid. In our latest Elliott Wave...

USDCAD is trading in the green for the first time in five weeks after losing 2.3% in August. But is the support near 1.3500...

USDJPY lost the initial momentum and is now trading in negative territory for the week above the 145.00 mark. In our latest Elliott Wave...

USDJPY gained nearly 200 pips last week even as the hawkish tone has decidedly moved from the Fed to the Bank of Japan. How...