Tag: FOREX TRADING STRATEGIES

After rising to as high as 1.0760 and then falling as low as 1.0516, EURUSD eventually closed the eventful last week slightly higher. In...

USDCAD closed in negative territory last week amid growing expectations for a less hawkish Fed and declining crude oil prices. In today's Elliott Wave...

USDJPY fell sharply last week as traders bet on a less aggressive Fed following the sudden collapse of two regional financial institutions. Can the...

EURUSD is up so far this week after the collapse of two regional US banks made it less likely for the Fed to continue...

USDJPY fell sharply after the collapse of Signature and Silicon Valley Bank sent traders to look for a safe haven in the Japanese Yen....

Despite the well-known inverse correlation between crude oil prices and USDCAD, both the commodity and the pair are down this week. Can the exchange...

USDCAD surged sharply last week helped by Jerome Powell's hawkish testimony in front of Congress and a decline in crude oil prices. What comes...

Despite a volatile week for EURUSD driven by Jay Powell's hawkish testimony in front of Congress, the pair closed little changed Friday. Where is...

Higher expected interest rates are supposed to support the dollar, but USDJPY fell last week due to contagion fears after the failure of Silicon...

EURUSD is falling as the prospects for higher US interest rates and a stronger dollar weighted on the pair after Jay Powell's comments. Where...

USDJPY rose sharply on Tuesday following hawkish comments from Fed Chair Jerome Powell. Was his testimony an "all clear" signal for dollar bulls, though?...

USDCAD climbed sharply yesterday after Jerome Powell reconfirmed the Fed's willingness to fight inflation until it drops back to 2%. Does this mean that...

EURUSD rose last week as forex traders bet that the Fed would not go back to the jumbo rate hikes we saw in 2022....

USDCAD closed last week mostly unchanged as forex traders prepare for several pieces of February inflation data to come out in the coming days....

USDJPY fell slightly last week in a dip the Elliott Wave principle had prepared us for. Is this a chance to buy or the...

Expectations for a continually aggressive Fed didn't prevent EURUSD from bouncing up sharply in the last days of February. How does the pair's recent...

USDJPY is down so far this week despite expectations that the Fed will keep interest rates higher for longer in its fight to rein...

USDCAD keeps hovering around the 1.3600 mark as forex traders await the February non-farm payrolls data due on Friday, March 10th. How is it...

EURUSD slipped last week after high January inflation in the US raised the prospects for more rate hikes by the Federal Reserve. Can we...

USDJPY surged sharply last week after data showed that US inflation reaccelerated in January, paving the way for more rate hikes. How high can...

Higher January inflation raised the possibility that the Fed will keep interest rates higher for longer, sending the dollar up last week. Is the...

EURUSD is down for the week as traders prepare for the release of the personal consumption expenditures price index on Friday. How low can...

USDJPY is up so far this week as traders brace for the core PCE price index, the Fed's preferred inflation measure, to be released...

USDCAD keeps gaining ground helped both by higher US interest rates expectations and a drop in the price of WTI crude oil. How high...

EURUSD closed last week's trading session in positive territory despite higher-than-expected US inflation in the month of January. Can the recovery continue and how...

USDCAD staged a notable recovery last week helped by a sharp drop in WTI crude oil prices and higher than expected January inflation. Can...

USDJPY surged sharply last week after CPI data showed inflation was higher than expected in January, strengthening the case for more Fed hikes. How...

Contrary to common sense, a stronger-than-expected CPI for the month of January didn't lead to an immediate selloff in EURUSD. Can the bears still...

USDJPY keeps rising and yesterday's CPI report strengthened the dollar's case even further. How high can the bulls lift the pair before bumping into...

Yesterday's CPI for the month of January came in hotter than expected, paving the way for more rate hikes by the Fed. How is...