Tag: FOREX TRADING STRATEGIES

In our previous analysis of AUDJPY we showed you the big picture outlook on this pair. Here you will see the latest details on...

USD CAD managed to climb above 1.13 in the beginning of the week, but the bulls quickly ran out of power, which brought the...

AUDJPY declined in five waves from 105.40 in April 2013 to as low as 86.30 four months later, but has been recovering ever since....

The USD JPY foreign exchange pair has been in a strong uptrend. Earlier today it climbed to as high as 117.04, but reversed sharply to...

GBPJPY and EURJPY tend to show a strong correlation in terms of price swings. This means their charts look alike quite often. Yesterday we...

The bulls took control of GBP JPY in the middle of October. The recent rally began from 168 and now, less than a month...

AUD USD made its last top at 1.1080 in the end of July 2011. These figures have remained untouched for more than three years,...

The last time we mentioned NZD USD in a forecast was on October 27th. In an article, called “NZDUSD ready to resume downtrend?” we assumed...

It has been a good week for the USD Index, which managed to climb to a new high on Friday. But even the strongest of...

Yesterday the EURUSD forex pair made another new low and the bears are probably getting more and more confident. But even the strongest of...

Today, on October 31, 2014, the Central Bank of Japan announced that it will expand its stimulus program in order to prevent deflation. After the...

Yesterday, on October 29, 2014, the FOMC announced the end of the quantitative easing (QE) program. After the announcement the US dollar rose sharply...

A week ago, on October 22nd, we published an analysis, called “GBP JPY to regain positive bias”, saying that we expect the uptrend to...

A sharp reversal occurred shortly after NZDUSD reached the 0.80 mark. Is this the first stage of the downtrend resumption or just another corrective...

Four days ago, on 19th October, we showed you a 4-hour chart of GBPUSD in an article called “Decreasing Selling Pressure on GBP USD”. The corrective...

A five-wave impulse followed by a correction is what every Elliott Wave analyst is looking for. It seems that we have found one such...

On September 23rd we gave you our short-term outlook on GBPUSD in an article, called “Intraday Weakness for GBPUSD Rate”. The chart below gave...

The USD Index started its spectacular rally from 78.90 in May. In the beginning of October it almost reached 87.00, but the bulls decided...

It has been a wild Wednesday for EUR USD, climbing up more than 260 pips. However, this bullish strength may turn out to be...

Twelve days ago, on October 2nd, we published a forecast, called “GBPCHF to return to 1.53”, where we stated that the pair looks vulnerable....

It looks like the downtrend in AUDUSD still has room to develop, because on the 15-min chart there is a clear five-wave structure, also...

The New Zealand dollar bottomed close to 0.77 against the US dollar in the end of September and has been trading above that level ever...

Deutsche Bank predicts 0.9500 for EURUSD by the end of 2017. According to Goldman Sachs Group Inc., the Euro will reach parity with the...

EUR USD rate touched 1.25 on Friday last week, but managed to recover and is currently trading around 1.2640. How high should traders expect this...

Four days ago, on 2nd October, we showed you an analysis of the GBPCHF exchange rate, expecting it to fall to 1.53. Those of...

USD JPY dropped by more than 200 pips last week, but managed to recover almost completely. Is this a sign of the bull’s strength...

“Do I see a pattern I recognize?” is the question every Elliott Wave analysis should begin with. The 1-hour chart of GBPCHF gives us...

USD JPY has been in a strong uptrend for the last two months. Is it time for the bulls to take a rest? Traders...

On July 10th 2014 NZD USD hit 0.8833. Today, September 29th, the exchange rate touched 0.7704. Could this 1100-pip move be predicted? Yes, it...

The USDCAD exchange rate has been in a steady rise this week. Are the bulls getting exhausted now? Should traders prepare for a reversal...