Tag: FOREX TRADING STRATEGIES

EURUSD is up this week as traders prepare for the possibility that today's CPI report is going to shake things up. In today's Elliott...

After a rally spanning nearly two months, USDCAD is down sharply this week in a dip, which Elliott Wave analysis helped us to predict....

USDJPY keeps climbing despite a widely-expected pause in the Fed's tightening campaign to be announced later this month. How much further can the pair...

EURUSD closed below 1.0700 for the first time in six months, despite wide expectations for a rate hike pause by the Fed this month....

USDCAD almost touched 1.3700 last week, but lost momentum and closed a pip above 1.3640 on Friday. Are the bulls ready for another try...

EURUSD keeps sliding despite wide expectations that the Fed's tightening cycle is now over. Where are the bears ultimately headed? Read in our latest...

There is a textbook Elliott Wave pattern on the hourly chart of USDJPY, giving us a very clear idea of what to expect in...

USDCAD looked poised to reach 1.3700 yesterday, but lost momentum. Can the pair break above the resistance area of 1.3650 from the first try...

USDJPY is up 11.8% since the beginning of 2023, but is it safe to extrapolate the recent past into the future? Read in our...

USDCAD mostly recovered from last week's initial drop below 1.3500 and closed in the vicinity of 1.3600 again on Friday. Can the recovery continue...

Labor market data initially pushed EURUSD higher last week, but the bulls failed to maintain momentum and the pair closed in the red again...

Weak US labor market data sent EURUSD sharply higher this week, but are those gains sustainable or is this just a corrective rally? Read...

Following six weeks of gains, USDCAD is trading lower after fewer than expected job openings in July weakened the case for more rate hikes....

USDJPY is on the verge of breaking its winning streak after weaker-than-expected July labor market data dragged the dollar down. Elliott Wave analysis put...

USDJPY managed to close above 146.00 for the first time since October, 2022, as rising treasury yields made the greenback exciting again. What's left...

Last week, USDCAD closed above 1.3600 for the first time in three months on the back of rising treasury yields and a dip in...

EURUSD extended its losing streak to six weeks in a row and closed below the 1.0800 mark in the last full week of August,...

USDJPY is down this week despite rising yields on long-term government bonds as traders already look forward to September's BOJ decision. In today's Elliott...

USDCAD has hardly moved since the start of the week despite rising treasury yields and falling crude oil prices. Where's the pair headed to...

Rising treasury yields make the US dollar more attractive and put pressure on its currency rivals, EURUSD included. The pair is sliding just as...

USDJPY looked determined to conquer the 146.00 mark last week, but failed to maintain momentum and had to settle for a close at 145.41....

USDCAD keeps rising in August and is now up by over 450 pips since mid-July. Can the pair add a sixth week to its...

EURUSD was down by over 100 pips at one point last week and despite the bulls' best efforts, the pair closed in negative territory...

USDJPY came close to the 146.00 mark yesterday and is now up for the third week in a row. How far can the bulls...

USDCAD is trading in the green for the fifth week in a row, up by over 400 pips from last month's low. Can the...

In today's Elliott Wave update of EURUSD we examine a trading setup with a very attractive risk/reward ratio and a specific invalidation level.

USDCAD briefly exceeded the 1.3500 mark last week before closing below 1.3450 on Friday. In today's Elliott Wave analysis we examine both the bullish...

USDJPY surged sharply last week as reaccelerating inflation strengthened the case for more rate hikes by the Fed going forward. What's left of this...

EURUSD closed in negative territory for the fourth straight week as US inflation reaccelerated and likely brought more Fed rate hikes to the table....

USDJPY is up by over 150 pips so far this week and is trading comfortably above the 143.00 mark as of this writing. Can...