EURNZD Bulls Look Better Going into December
Yesterday, we shared our view that despite being down by over 460 pips this month, a bullish reversal can be expected in EURAUD around...
All from FOREX TRADING STRATEGIES
EURNZD Bulls Look Better Going into December
Yesterday, we shared our view that despite being down by over 460 pips this month, a bullish reversal can...
EURAUD Bears Getting Tired. Bullish Reversal Ahead?
With only one day left, the Euro seems poised to end November in positive territory against the U.S. dollar, following a sharp decline in...
EURAUD Bears Getting Tired. Bullish Reversal Ahead?
With only one day left, the Euro seems poised to end November in positive territory against the U.S. dollar,...
AUDUSD Looking for Support near 0.7160
AUDUSD climbed to 0.8136 in January, but similarly to other major currencies, spent the rest of 2018 declining against the U.S. dollar. The pair...
AUDUSD Looking for Support near 0.7160
AUDUSD climbed to 0.8136 in January, but similarly to other major currencies, spent the rest of 2018 declining against...
USDCAD Rewards the Most Patient Among Bulls
USDCAD climbed to 1.3318 yesterday and seems determined to reach a new 2018 high. The most important reason for the decline in the Loonie...
USDCAD Rewards the Most Patient Among Bulls
USDCAD climbed to 1.3318 yesterday and seems determined to reach a new 2018 high. The most important reason for...
GBPNZD: Pressure Mounts with Reversal in Place
GBPNZD has been in recovery mode for the past two years. The pair took off from 1.6705 in November 2016 and climbed to as...
GBPNZD: Pressure Mounts with Reversal in Place
GBPNZD has been in recovery mode for the past two years. The pair took off from 1.6705 in November...
EURUSD Sharp U-Turn Predicted by Elliott Wave
2018 has so far been a terrible year for EURUSD bears and the month of October made no exception. The pair climbed to 1.1815...
EURUSD Sharp U-Turn Predicted by Elliott Wave
2018 has so far been a terrible year for EURUSD bears and the month of October made no exception....
Solving USDJPY Riddles with Elliott Wave Hints
Unlike the stock market, where a profitable company with a growing market share will eventually grow in value in the long-term, the Forex market...
Solving USDJPY Riddles with Elliott Wave Hints
Unlike the stock market, where a profitable company with a growing market share will eventually grow in value in...
GBPJPY: Bearish Reversal Expected Near 151.00
GBPJPY has been in recovery mode since it touched 139.90 on August 15th. On September 21st, the pair climbed to a multi-month high of...
GBPJPY: Bearish Reversal Expected Near 151.00
GBPJPY has been in recovery mode since it touched 139.90 on August 15th. On September 21st, the pair climbed...
USDCAD Unreliable Resistance Identified in Advance
After slightly exceeding 1.3000 on October 8th, USDCAD retreated to 1.2926 two days later. Given that the pair has been declining since the 1.3386...
USDCAD Unreliable Resistance Identified in Advance
After slightly exceeding 1.3000 on October 8th, USDCAD retreated to 1.2926 two days later. Given that the pair has...
USDJPY Gave Us a Road Map Three Months Ago
There is a reason why it is called “trading” and not “bottom/top picking”. The latter is literally impossible even with the best trading tools...
USDJPY Gave Us a Road Map Three Months Ago
There is a reason why it is called “trading” and not “bottom/top picking”. The latter is literally impossible even...
GBPCAD ‘s Rally Needs a Healthy Pullback
October is shaping up to be a good month for GBPCAD bulls. The pair dipped below 1.6600 on October 2nd, but quickly reversed to...
GBPCAD ‘s Rally Needs a Healthy Pullback
October is shaping up to be a good month for GBPCAD bulls. The pair dipped below 1.6600 on October...
A Week of Trend Reversals in the Forex Market
The Forex market was very interesting to observe last week. Major news like the Non-Farm Payrolls report in the U.S., the new trade deal...
A Week of Trend Reversals in the Forex Market
The Forex market was very interesting to observe last week. Major news like the Non-Farm Payrolls report in the...
USDMXN: Is the 18.50 Support Going to Hold?
It has been over two months since our last article about USDMXN. On July 27th, the Forex pair was trading slightly above 18.6150. The...
USDMXN: Is the 18.50 Support Going to Hold?
It has been over two months since our last article about USDMXN. On July 27th, the Forex pair was...
EURUSD: When the Fed Supports the Elliott Wave View
Following a recovery of more than 500 pips in a little over a month, EURUSD suddenly crashed from 1.1815 to 1.1570 last week, erasing...
EURUSD: When the Fed Supports the Elliott Wave View
Following a recovery of more than 500 pips in a little over a month, EURUSD suddenly crashed from 1.1815...
Fibonacci Support Sent USDJPY Skyrocketing
Earlier today, USDJPY climbed to 112.88, which is just 30 pips shy of its 2018 high at 113.18 reached in mid-July. Just two weeks...
Fibonacci Support Sent USDJPY Skyrocketing
Earlier today, USDJPY climbed to 112.88, which is just 30 pips shy of its 2018 high at 113.18 reached...
USDJPY Changes Direction Twice in Two Days
It has been a volatile week for USDJPY. The pair started the session on a positive note and rose to 111.76 on Wednesday. However,...
USDJPY Changes Direction Twice in Two Days
It has been a volatile week for USDJPY. The pair started the session on a positive note and rose...
Emerging Markets Crisis Not to Blame for EURUSD ‘s Drop
Following several very strong days that saw EURUSD appreciate from 1.1300 to 1.1734 between August 15th and 28th, the European currency is under pressure...
Emerging Markets Crisis Not to Blame for EURUSD ‘s Drop
Following several very strong days that saw EURUSD appreciate from 1.1300 to 1.1734 between August 15th and 28th, the...
As USDJPY Plunges, Ralph Elliott is Smiling Somewhere
It has been a wild ride for USDJPY traders last week. The pair opened at 111.31 on Monday and rose to 111.83 on Wednesday...
As USDJPY Plunges, Ralph Elliott is Smiling Somewhere
It has been a wild ride for USDJPY traders last week. The pair opened at 111.31 on Monday and...
Dollar Index Corrective Decline Far From Over
The U.S. dollar index fell less than two pips short of the 97.00 mark on August 15th. 96.98 was the best the bulls managed...
Dollar Index Corrective Decline Far From Over
The U.S. dollar index fell less than two pips short of the 97.00 mark on August 15th. 96.98 was...
Elliott Wave Pattern Sent EURUSD Higher, Not Trump or Cohen
What a week for EURUSD bulls! The pair is moving sharply up after weeks or even months of suffering. After opening at 1.1437 on...
Elliott Wave Pattern Sent EURUSD Higher, Not Trump or Cohen
What a week for EURUSD bulls! The pair is moving sharply up after weeks or even months of suffering....
Riding EURUSD ‘s 1100-Pip Elliott Wave Crash
The way the year began gave EURUSD bulls a lot of reasons to hope for a great 2018. On February 19th, the euro was...
Riding EURUSD ‘s 1100-Pip Elliott Wave Crash
The way the year began gave EURUSD bulls a lot of reasons to hope for a great 2018. On...
Japanese Yen Refuses to be the Dollar’s Latest Victim
Last week, when most major currencies like the euro, the Canadian dollar and the British pound (not to mention the Turkish lira) fell against...
Japanese Yen Refuses to be the Dollar’s Latest Victim
Last week, when most major currencies like the euro, the Canadian dollar and the British pound (not to mention...
Two Months Ahead of EURUSD ‘s Turkey-Driven Selloff
EURUSD’s selloff has resumed. The pair fell to as low as 1.1432 earlier today, following a Financial Times report stating the European Central Bank...
Two Months Ahead of EURUSD ‘s Turkey-Driven Selloff
EURUSD’s selloff has resumed. The pair fell to as low as 1.1432 earlier today, following a Financial Times report...
AUDNZD Gains 500 Pips After Fibonacci Encounter
AUDNZD shot up sharply today, following a statement from the Reserve Bank of New Zealand that cemented the country’s interest rate at its current...
AUDNZD Gains 500 Pips After Fibonacci Encounter
AUDNZD shot up sharply today, following a statement from the Reserve Bank of New Zealand that cemented the country’s...
GBPJPY Bears Remove a Major Hurdle
It has been less than 20 days since our last update on GBPJPY. On July 20th we shared our view that the pair is...
GBPJPY Bears Remove a Major Hurdle
It has been less than 20 days since our last update on GBPJPY. On July 20th we shared our...
USDCAD Down After a Tricky Elliott Wave Pattern
USDCAD climbed to 1.3290 on July 19th, but instead of lifting the pair even higher, the bulls lost momentum. A bearish reversal followed as...
USDCAD Down After a Tricky Elliott Wave Pattern
USDCAD climbed to 1.3290 on July 19th, but instead of lifting the pair even higher, the bulls lost momentum....
USDMXN Set to Recover, but Remains Vulnerable
It has been a painful month and a half for USDMXN bulls. The pair was almost touching the 21.00 mark on June 15th, when...
USDMXN Set to Recover, but Remains Vulnerable
It has been a painful month and a half for USDMXN bulls. The pair was almost touching the 21.00...
GBPJPY Looking Into the Hard Brexit Abyss?
Our last update of GBPJPY came out on December 5th, 2017. It was focused on the long-term perspective and based on the daily chart...
GBPJPY Looking Into the Hard Brexit Abyss?
Our last update of GBPJPY came out on December 5th, 2017. It was focused on the long-term perspective and...
USDCAD Lost Over 300 Pips in Two Weeks. Here is Why
USDCAD climbed to 1.3386 on June 27th, which was its highest level in over a year. But instead of moving on to 1.3400 and...
USDCAD Lost Over 300 Pips in Two Weeks. Here is Why
USDCAD climbed to 1.3386 on June 27th, which was its highest level in over a year. But instead of...
AUDCAD Bulls Not Giving Up on Their Parity Dreams
Nine days ago, while AUDCAD was trading at 0.9820 on June 20th, we found a textbook 5-3 Elliott Wave pattern on its hourly chart,...
AUDCAD Bulls Not Giving Up on Their Parity Dreams
Nine days ago, while AUDCAD was trading at 0.9820 on June 20th, we found a textbook 5-3 Elliott Wave...
