Tag: FOREX TRADING STRATEGIES

USDCAD keeps hovering around the 1.3600 mark as forex traders await the February non-farm payrolls data due on Friday, March 10th. How is it...

EURUSD slipped last week after high January inflation in the US raised the prospects for more rate hikes by the Federal Reserve. Can we...

USDJPY surged sharply last week after data showed that US inflation reaccelerated in January, paving the way for more rate hikes. How high can...

Higher January inflation raised the possibility that the Fed will keep interest rates higher for longer, sending the dollar up last week. Is the...

EURUSD is down for the week as traders prepare for the release of the personal consumption expenditures price index on Friday. How low can...

USDJPY is up so far this week as traders brace for the core PCE price index, the Fed's preferred inflation measure, to be released...

USDCAD keeps gaining ground helped both by higher US interest rates expectations and a drop in the price of WTI crude oil. How high...

EURUSD closed last week's trading session in positive territory despite higher-than-expected US inflation in the month of January. Can the recovery continue and how...

USDCAD staged a notable recovery last week helped by a sharp drop in WTI crude oil prices and higher than expected January inflation. Can...

USDJPY surged sharply last week after CPI data showed inflation was higher than expected in January, strengthening the case for more Fed hikes. How...

Contrary to common sense, a stronger-than-expected CPI for the month of January didn't lead to an immediate selloff in EURUSD. Can the bears still...

USDJPY keeps rising and yesterday's CPI report strengthened the dollar's case even further. How high can the bulls lift the pair before bumping into...

Yesterday's CPI for the month of January came in hotter than expected, paving the way for more rate hikes by the Fed. How is...

EURUSD lost another 120 pips last week as forex traders brace for Tuesday's US inflation report. In today's Elliott Wave analysis we identify a...

Russia said it would cut oil production by 500k barrels a day, sending WTI surging, which in turn, dragged USDCAD down. In today's Elliott...

Albeit timidly, USDJPY managed to gain ground for a fourth consecutive weekly session ahead of next week's inflation report. Can the rally continue and...

After the bulls' failure to breach 133.00, in today's USDJPY Elliott Wave update we identify the two key levels traders must keep an eye...

USDCAD is down so far this week as higher crude oil prices and a less hawkish Jerome Powell put pressure on the US dollar....

EURUSD is down so far this week and our invalidation level remains intact. This means pair keeps going according to the Elliott Wave plan....

USDCAD found support and bounced up last week following stronger-than-expected jobs and wage growth data from the US. Can the recovery continue and how...

USDJPY bulls found their mojo again last week after stronger-than-expected jobs market data made the case for additional Fed rate hikes. Is this just...

EURUSD exceeded the psychological mark of 1.1000 last week, but the strong US jobs data quickly cooled the bulls' enthusiasm. How far can the...

EURUSD is practically unchanged since the start of the week as forex traders await today's key Fed interest rate decision. In today's Elliott Wave...

USDCAD spiked sharply yesterday, but the bulls couldn't kickstart a meaningful uptrend and eventually gave all their gains away in short order. Can the...

USDJPY remains range-bound ahead of today's key interest rate decision by the Federal Reserve. Where is the pair headed to afterwards? In today's Elliott...

The Bank of Japan's indecisiveness helped USDJPY notch up a second straight weekly gain, despite expectations for a less aggressive Fed going forward. In...

USDCAD fell again to touch the 1.3300 mark last week, before closing a little higher on Friday. How much lower are the bears willing...

Last week, EURUSD touched the 1.0900 mark for the first time in nine months as it seems even Europe might just avoid a recession...

Eurozone inflation finally dipped back to single digits in December 2022 and it looks like the economy might avoid a recession after all. Meanwhile,...

USDJPY is up for the second straight week as the market is trying to decipher mixed messages from both the Fed and the Bank...