Tag: FOREX TRADING STRATEGIES

USDJPY recouped all its initial losses last week after the Fed stated there are more interest rate hikes on the way. How high can...

USDCAD surged last week, helped by the Fed's renewed hawkish tone and expectations for more interest rate hikes going forward. Where are the bulls...

In today's Elliott Wave update of EURUSD we identify the key price level to keep an eye on for trading purposes ahead of the...

November's CPI report caused a sharp selloff in USDJPY yesterday as traders expect a less hawkish Federal Reserve going forward. Where is the pair...

Yesterday's November CPI report resurrected hopes for a less hawkish Fed and dragged the dollar down as a result. USDCAD is also down for...

USDCAD surged sharply last week as forex traders prepare for another Fed rate hike to strengthen the greenback. Is there a resistance in sight?...

EURUSD remained mostly unchanged last week as forex traders await the Federal Reserve's interest rate decision on December 14th. Elliott Wave analysis is already...

USDJPY climbed last week as forex traders prepare for a 50-basis-point rate hike by the Federal Reserve on December 14th. Is that a strong...

USDCAD is up sharply this week as renewed recession talks pushes investors towards the presumed safety of the US dollar. In our latest Elliott...

EURUSD nearly breached the 1.0600 mark earlier this week, but suddenly lost momentum in a reversal Elliott Wave analysis helped us predict. How low...

USDJPY is trying to recover from the 12% plunge it recently suffered. Can the bulls reach a new high or is this just a...

USDJPY surged sharply in 2021, but has really been skyrocketing in 2022. The pair started this year from 115.11 in January. Ten months later...

EURUSD surged again last week on the back of smaller Fed rate hike expectations going forward. Is it all clear for the bulls from...

USDJPY plunged sharply last week after less hawkish comments by Fed Chairman Jerome Powell encouraged traders to bet against it. Is there a bottom...

USDCAD surged to almost 1.3650 last week, but the bulls were stopped at an important resistance line. Can they return to breach it this...

More than four years ago, we wrote that there was a “bearish omen” on the historical chart of AUDUSD. There was a complete 5-3...

USDJPY is down for the week so far after falling to a new low under 137.50 on Monday. There is now a clear Elliott...

Despite the initial new swing high, EURUSD is down so far this week in a bearish reversal Elliott Wave analysis helped us anticipate. Where...

USDCAD is up sharply so far this week, despite the fact that crude oil is also rising and the inverse correlation between the two....

USDCAD finished last week mostly unchanged, despite the sharp drop in crude oil prices and the inverse relationship between the two. In today's Elliott...

EURUSD climbed last week as many traders think it is now time for the ECB to catch up to the Fed in terms of...

USDJPY fell again last week, despite expectations that the Fed will slow the pace of rate hikes going forward. Could it be that the...

EURUSD managed to recover most of Monday's decline, fueled by hopes of an upcoming 75 bps rate hike by the ECB. Should traders bet...

USDJPY's drop from 152.00 to under 138.00 was followed by a recovery of almost 500 pips. Is this a recovery to sell or a...

USDCAD is little changed since the start of the week and key invalidation level Elliott Wave analysis helped us identify is still intact. Take...

USDCAD finished last week over 130 pips higher than where it started it, but does that mean its uptrend has resumed or not? Read...

EURUSD tried and failed to conquer the 1.0500 mark last week and closed down at 1.0322 on Friday. Is the pair headed below...

USDJPY bulls made a timid, yet important recovery last week. Is this the beginning of the next run higher or just a chance to...

EURUSD overcame this week's initial drop to 1.0280 and is now back in positive territory again, hovering above 1.0400. Can the rally continue or...

USDJPY fell to a new low earlier this week, but managed to recover and is now trading in positive territory. Is this a buying...