Elliott Wave Analysis of USDJPY – June 3rd, 2024
Despite the threat of another intervention by the Bank of Japan, USDJPY closed the month of may on a high note. Are the bulls...
Despite the threat of another intervention by the Bank of Japan, USDJPY closed the month of may on a high note. Are the bulls...
Despite the threat of another intervention by the Bank of Japan, USDJPY closed the month of may on a...
EURUSD bulls achieved a positive monthly close for the first time this year after the pair rose by 1.71% in May. Can the rally...
EURUSD bulls achieved a positive monthly close for the first time this year after the pair rose by 1.71%...
USDCAD initially fell, then surged, then fell again last week. Elliott Wave analysis helped us to predict all three moves in both directions. What...
USDCAD initially fell, then surged, then fell again last week. Elliott Wave analysis helped us to predict all three...
EURUSD traders are patiently waiting for Friday's PCE inflation report, but Elliott Wave analysis is already giving us a hint of what to expect...
EURUSD traders are patiently waiting for Friday's PCE inflation report, but Elliott Wave analysis is already giving us a...
USDJPY is mostly unchanged so far this week as forex traders brace for Friday's PCE inflation and as the threat of a BOJ intervention...
USDJPY is mostly unchanged so far this week as forex traders brace for Friday's PCE inflation and as the...
USDCAD recovered from this week's initial drop and is now trading back where it was at its beginning. Can the rally continue? Read in...
USDCAD recovered from this week's initial drop and is now trading back where it was at its beginning. Can...
USDCAD bulls must be happy with what they achieved last week, although Friday's sharp selloff must've left a bad taste in their mouths. Can...
USDCAD bulls must be happy with what they achieved last week, although Friday's sharp selloff must've left a bad...
Last week, USDJPY resumed its recovery from the two BOJ interventions as traders speculate about the probability of a third one soon. In our...
Last week, USDJPY resumed its recovery from the two BOJ interventions as traders speculate about the probability of a...
In today's Elliott Wave analysis of EURUSD we identify the pair's most likely path forward and the key level to watch for trading purposes....
In today's Elliott Wave analysis of EURUSD we identify the pair's most likely path forward and the key level...
After five straight weeks of gains, EURUSD bulls have finally decided to slow down in anticipation of today's FOMC minutes. Can the pair's rally...
After five straight weeks of gains, EURUSD bulls have finally decided to slow down in anticipation of today's FOMC...
In today's Elliott Wave update of USDCAD we examine the pair's hourly chart and identify the key level both bulls and bears must keep...
In today's Elliott Wave update of USDCAD we examine the pair's hourly chart and identify the key level both...
USDJPY is rising this week just as Elliott Wave analysis had suggested. Is the rally poised to continue or should we expect a bearish...
USDJPY is rising this week just as Elliott Wave analysis had suggested. Is the rally poised to continue or...
USDCAD dipped below 1.3600 last week in a drop Elliott Wave analysis put us ahead of. Can we expect more weakness going forward? Read...
USDCAD dipped below 1.3600 last week in a drop Elliott Wave analysis put us ahead of. Can we expect...
Wednesday's better-than-feared US inflation data dragged USDJPY down to 153.60 last week, before the bulls' counter-attack. Can the recovery continue in the second half...
Wednesday's better-than-feared US inflation data dragged USDJPY down to 153.60 last week, before the bulls' counter-attack. Can the recovery...
EURUSD closed nearly 100 pips higher last week after better-than-feared US inflation in April kept alive the hopes for a Fed rate cut in...
EURUSD closed nearly 100 pips higher last week after better-than-feared US inflation in April kept alive the hopes for...
USDJPY is trading in positive territory again this week, but is down by 80 pips from yesterday's high of 156.78. Is this a dip...
USDJPY is trading in positive territory again this week, but is down by 80 pips from yesterday's high of...
USDJPY rose 1.8% last week and has now recouped about half of the losses suffered from the two BOJ interventions the week before. Can...
USDJPY rose 1.8% last week and has now recouped about half of the losses suffered from the two BOJ...
Forex traders are once again daring the Bank of Japan to intervene as USDJPY is up by nearly 350 pips from last week's bottom....
Forex traders are once again daring the Bank of Japan to intervene as USDJPY is up by nearly 350...
The Bank of Japan finally showed determination about stopping USDJPY from climbing further by intervening twice in the forex market last week. Can the...
The Bank of Japan finally showed determination about stopping USDJPY from climbing further by intervening twice in the forex...
The suspected intervention by the BOJ hasn't achieved much so far as USDJPY is almost back at the level it was trading prior to...
The suspected intervention by the BOJ hasn't achieved much so far as USDJPY is almost back at the level...
The BOJ's indecisiveness pushed USDJPY to a new 34-year high last week as the bulls no longer seem to fear the central bank. In...
The BOJ's indecisiveness pushed USDJPY to a new 34-year high last week as the bulls no longer seem to...
USDJPY is on the verge of reaching another major milestone in the face of the 155.00 mark, as the bulls dare the BOJ to...
USDJPY is on the verge of reaching another major milestone in the face of the 155.00 mark, as the...
USDJPY came close to the 155.00 mark last week as the Fed's long-awaited rate cuts have been pushed further into the future once again....
USDJPY came close to the 155.00 mark last week as the Fed's long-awaited rate cuts have been pushed further...
The BOJ might have ended its ultra-loose policy, but stubborn US inflation and reduced Fed rate cut hopes are not helping USDJPY bears. Can...
The BOJ might have ended its ultra-loose policy, but stubborn US inflation and reduced Fed rate cut hopes are...
USDJPY surged to a new multi-decade high above 153.00 last week on the back of higher-than-expected US inflation in March. Is it time for...
USDJPY surged to a new multi-decade high above 153.00 last week on the back of higher-than-expected US inflation in...
USDJPY is calmly hovering below 152.00 ahead of today's US inflation report. Can the pair finally breach this mighty resistance level? Read in our...
USDJPY is calmly hovering below 152.00 ahead of today's US inflation report. Can the pair finally breach this mighty...
USDJPY again failed to exceed 152.00 last week, but the bulls believe that a breakout is only a matter of time. Is it, though?...
USDJPY again failed to exceed 152.00 last week, but the bulls believe that a breakout is only a matter...
The Bank of Japan may have scrapped its ultra-loose monetary policy, but that didn't discourage USDJPY bulls from pushing higher. Can we expect a...
The Bank of Japan may have scrapped its ultra-loose monetary policy, but that didn't discourage USDJPY bulls from pushing...
USDJPY nearly conquered the 152.00 mark last week, before losing momentum to close the session ten pips down on Friday. With a BOJ intervention...
USDJPY nearly conquered the 152.00 mark last week, before losing momentum to close the session ten pips down on...
The yen keeps sliding against the US dollar, leading to increasing expectations of an intervention by the Bank of Japan. In today' Elliott Wave...
The yen keeps sliding against the US dollar, leading to increasing expectations of an intervention by the Bank of...