Tag: FOREX TRADING STRATEGIES

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...

EURUSD fell 1.3% last week, losing almost all of the gains from the week before. In our latest Elliott Wave analysis we search for...

USDCAD fell for the fourth week in a row to close the month of August down 2.3% as traders brace for Fed rate cuts...

Should EURUSD traders see this week's dip as a buying opportunity or the start of a bigger slide? That's the subject of discussion in...

USDJPY is up but only slightly this week as forex traders await more clues from the upcoming inflation data. In our latest Elliott Wave...

The bears continue their rule over USDCAD, helped by a recovery in crude oil prices and an imminent rate cut by the Fed next...

EURUSD reached the 1.1200 mark for the first time in over a year last week after Jay Powell signaled the Fed's readiness to start...

USDJPY lost 320 pips last week as the Fed is about to start easing, while the BOJ is already tightening monetary policy. You'll be...

In a plunge Elliott Wave analysis helped us to predict, USDCAD fell sharply last week after Jay Powell cemented a rate cut in September....

In a surge Elliott Wave analysis helped us to predict, EURUSD is up sharply for the second week in a row. Is it too...

USDJPY is down by ~170 pips this week as forex traders widely expect a dovish message from Jay Powell at Jackson Hole. In our...

USDCAD is down for the third week in a row as traders bet that a rate cut by the Fed in September is inevitable....

In a rally Elliott Wave analysis put us ahead of, EURUSD surged by over 100 pips last week as a Fed rate cut is...

USDJPY gained some more ground for the second week in a row even after the bulls lost momentum at 149.40 and suffered a 180-pip...

USDCAD continued to fall this past week and closed below the 1.3700 mark for the first time in over a month. How much lower...

EURUSD is once again flirting with a bullish breakout above the 1.1000 mark after last week's failure to breach it. Can the bulls do...

While J.P. Morgan warns that the yen carry trade is only halfway done, we examine USDJPY 's hourly chart to see if Elliott Wave...

In today's Elliott Wave update of USDCAD we examine the pair's hourly chart to determine its most likely reaction to today's CPI inflation report....

In their fourth attempt to breach the resistance area just under 1.4000, USDCAD bulls failed again for the fourth time in nearly two years....