Tag: FOREX TRADING STRATEGIES

USDCAD closed in the green for third consecutive week, but couldn't break the strong resistance area near 1.3850. Can the bulls still do it...

USDJPY rose for the third straight week and even peeked over the 150.00, before retreating to close below it. Can the bulls break this...

In today's Elliott Wave update of USDJPY we discuss the very clear pattern that seems to be forming on the pair's 4h chart and...

USDCAD's sharp surge just bumped into the resistance near 1.3850, which has been an unbreakable barrier for the bulls for over two years now....

EURUSD is down for the third straight week as the ECB seems ready to keep lowering interest rates while the Fed hesitates. How much...

EURUSD lost some more ground last week after US inflation and payroll numbers came in hotter than expected. Should forex traders brace for more...

USDCAD surged by nearly 200 pips last week on higher-than-expected September inflation and strong payroll numbers. In our latest analysis we try to identify...

USDJPY closed a weekly session above 149.00 for the first time since July last week. How far can the bulls go this time before...

In today's Elliott Wave update of EURUSD we identify the key level bulls and bears are fighting over ahead of tomorrow's CPI.

USDCAD is up notably for the second straight week, helped by the inverse correlation with crude oil. Is there a resistance in sight? Read...

USDJPY is down slightly this week as forex traders wait for clues from tomorrow's CPI and the BOJ at the end of the month....

USDCAD has been gravitating around the 1.3600 mark for over two years now. In our latest Elliott Wave analysis we examine the structure of...

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...