Tag: FOREX TRADING STRATEGIES

EURUSD has already recouped most of last week's losses. In today's Elliott Wave update we examine if the bulls can really be trusted and...

USDJPY opened at 149.30 last week and despite the 114-pip initial drop, still managed to earn a weekly close in the green by Friday....

USDCAD initially fell below the 1.3600 mark last week, but the bulls managed to regroup and earn a weekly close near 1.3660 again. In...

The bears took back control of EURUSD last week despite wide expectations that the Fed is done raising interest rates this year. How low...

In today's Elliott Wave update of USDJPY we examine its 4-hour chart for clues if the current dip is anything the bulls should worry...

EURUSD is up for the second week in a row as the odds of a Fed pause are rapidly improving. Can we see a...

This week is nothing like the past two for USDCAD traders as the pair is down sharply following dovish comments by Fed members. In...

Bank of Japan intervention rumors caused a sharp drop in USDJPY last week, but it had mostly recovered from it by Friday. In today's...

USDCAD approached the 1.3800 mark last week, before the bears showed up to force a close below 1.3700 on Friday. Is the uptrend still...

After eleven weeks in a row, the bears' winning streak finally came to an end after EURUSD closed in the green on Friday. Has...

USDJPY is slightly down this week on speculation on an intervention by the Bank of Japan. Would that be enough the derail the uptrend?...

EURUSD is down for the twelfth week in a row as rising US treasury yields strengthen the dollar against all its rival currencies. Is...

Higher US treasury yields and lower crude oil prices are both pushing USDCAD higher. What's left the forex pair's uptrend? Read in our latest...

USDJPY climbed further last week after Japan's former Vice-Finance Minister implied that 155.00 is the level to watch for a BOJ intervention.

EURUSD extended its losing streak to eleven weeks in a row after the Fed signaled it is going to keep rates higher for longer....

USDCAD surged on Friday after weak GDP data strongly indicated that the Bank of Canada is done with raising interest rates. Can the recovery...

EURUSD approached 1.1300 in mid-July on bets that the Fed would soon announce a pause and the ECB would have to keep hiking. Fast-forward...

EURUSD is down for the eleventh week in a row and has now almost reached the bearish target we identified over two months ago....

In today's Elliott Wave update of USDJPY we explain why it is now or never for the bears, and identify the key level to...

In agreement with what Elliott Wave analysis had suggested, USDCAD is up so far this week. How high can the forex pair go this...

USDJPY achieved a weekly close above the 148.00 mark for the first time in almost a year after the Fed's hawkish tone helped the...

In a move which Elliott Wave analysis helped us to predict, USDCAD plunged sharply last week before finding support just under 1.3400. Is this...

Traders have probably forgotten how does it feel when EURUSD is rising as the pair closed in negative territory for the tenth straight week....

As USDJPY traders await the BOJ's decision on Thursday, we've identified the key resistance area both bulls and bears must pay attention to. Take...

EURUSD is little changed since the start of the week as forex traders are understandably hesitant to act before hearing what Jay Powell has...

In yet another occasion when USDCAD and crude oil are moving in tandem, the forex pair is down for the second week in a...

Despite the initial dip below 146.00, the bulls in USDJPY recouped all their losses and closed the week in the green again. What's left...

The ECB raised rates for the 10th straight time last week, but it signaled that its tightening cycle is now over, dragging EURUSD down...

In a bearish reversal which Elliott Wave analysis helped us to predict, USDCAD plunged sharply last week, from over 1.3640 to under 1.3500. Is...

USDJPY remains in the gravity zone of the 147.00 mark as traders brace for rate decisions by both the Fed and BOJ later this...