Tag: FOREX TRADING STRATEGIES

USDCAD is up this week, but the real question is, can the bulls break the resistance area between 1.38 and 1.40? Elliott Wave analysis...

USDJPY's initial drop didn't last and the pair is back to where it was at the start of the week. Is a rise above...

EURUSD gained more than 150 pips last week after the ECB signaled readiness for rate hike talks as soon as April to combat inflation....

USDJPY fell last week, but the bulls should be happy with how the support near 157.50 helped them to limit the damage and close...

In today's Elliott Wave analysis of USDCAD we discuss if the recent recovery can be expected to continue and identify the key level to...

EURUSD is up this week despite expectations for a hawkish Fed later today given the increased inflationary risks due to the Iran war. In...

In today's Elliott Wave update of USDJPY we discuss if this week's dip is a buying opportunity worth pursuing ahead of FOMC.

In today's Elliott Wave update of USDCAD we identify the key level to watch for trading purposes ahead of today's FOMC decision on interest...

EURUSD fell by 200 pips for the second week in a row as the Fed is no longer expected to keep cutting rates amid...

USDJPY rose for the fourth week in a row as rising US inflation makes further rate cutting difficult for the Fed. In today's Elliott...

USDCAD rose last week despite rising crude oil prices as Canada's labor market surprisingly weakened. In today's analysis we put this rally in Elliott...

EURUSD is up this week after the support near 1.1500 stopped the bears in the tracks. Can they come back to break it soon...

USDJPY keeps hovering near 158.00 as traders struggle for direction amid contradictory information about the war in Iran. Can the bulls finally break this...

USDCAD is practically unchanged since the start of the week despite extreme volatility in crude oil prices. In today's Elliott Wave update we identify...

The resistance near 1.3750 discouraged the bulls and USDCAD suffered its second straight weekly loss amid escalating strikes in the Middle East. In today's...

USDJPY rose for the third week in a row after traders preferred the greenback amid escalating Middle East conflicts and a dovish BOJ. Can...

EURUSD lost 200 pips last week as traders sought safety in the dollar amid the escalating Middle East conflict even as the US is...

On December 2nd, we wrote that GBPUSD was set for a sustained rally in 2026. And while the pair gained more than 660 pips...

USDJPY is up for the third week in a row on dovish BOJ messages and escalating Middle East conflicts. In today's Elliott Wave update...

EURUSD is down by more than 200 pips this week as traders seek shelter in the US dollar as the Middle East is burning....

USDCAD is up this week as, paradoxically, higher energy prices lead to higher inflation, which leads to rising interest rates, thus making the dollar...

USDCAD fell in the final week of February, but still eked out a monthly gain to limit the bears' winning streak to just three...

EURUSD's gain last week wasn't enough to prevent a small monthly loss in February as it keeps hovering near 1.1800. Is 1.21 or 1.15...

USDJPY locked in a monthly gain in February after low Japan inflation tilted the odds in favor of a more dovish BOJ going forward....

In today's Elliott Wave update we identify the key level to tell us if the bears have really given control over to the bulls...

USDJPY is rising again as Sanae Takaichi was reportedly "not keen on rate hikes" and more doves are expected to join the board of...

In today's Elliott Wave update of USDCAD we discuss if the recent recovery can be expected to continue and identify the key level to...

EURUSD lost over 80 pips last week after FOMC minutes showed that the Fed would likely abstain from additional cuts in the near term....

USDJPY rose last week as Japan's inflation showed a notable decline in January, easing BOJ rate hike concerns. Does this put 160.00 and beyond...

USDCAD gained 65 pips last week, building on the recovery from the support near 1.35. Can the bulls make February their first monthly gain...