Tag: FOREX RATES

USDCAD surged sharply last week as the strong CPI data from the US reinforced traders' hawkish Fed expectations. Can the pair finally leave the...

The Bank of Japan finally signaled it is ready to intervene in order to put the brakes on the yen's relentless plunge against the...

EURUSD lost some ground in the first days of the week. Does this mean that the prior downtrend has resumed or is this just...

USDCAD keeps falling which should be no surprise given that crude oil keeps rising. None of these two trends is going to last forever,...

USDJPY made a new high above 133.00 this week as the imbalance between the Fed's and the BOJ's monetary policies takes its toll on...

USDCAD lost some more ground last week as the EU's Russian oil embargo pushed crude prices sharply up again. No trend lasts forever, especially...

EURUSD remained mostly unchanged last week as the markets await the meeting of the Governing Council of the ECB in the Netherlands on June...

USDJPY surged sharply last week in a move Elliott Wave analysis had been preparing us for for a while. What is next for the...

EURUSD is mostly unchanged since the start of the week, following the sharp surge we saw over the past weekly session. Traders will be...

USDCAD respects its inverse relationship with crude oil again, as the pair is sliding this week while WTI surges. Can we expect more weakness...

USDJPY is rising again as the Bank of Japan stubbornly refuses to admit that the country, too, might have an inflation problem soon. How...

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...