Tag: FOREX TRADING STRATEGIES

USDCAD is rising this week after lower domestic inflation supports further rate cutting by the Bank of Canada. There is a key level to...

USDJPY is up slightly in what has so far been a relatively calm week for the forex pair as traders expect continued policy normalization...

EURUSD is down slightly this week as traders brace for Friday's PCE inflation reading. The pair's hourly chart is already giving us a hint...

The support near 1.35 discouraged USDCAD bears again last week as the pair recouped more than half of its initial losses to close above...

USDJPY plunged 450 pips last week on Sanae Takaichi newly-found fiscal responsibility. In today's Elliott Wave analysis we identify the key level the bears...

EURUSD bulls avoided a third weekly loss in a row even after failing to hold onto the 1.1900 mark. In today's Elliott Wave analysis...

In today's Elliott Wave update we identify the key level to watch for trading purposes and discuss what to expect if it gets broken...

USDJPY has already erased all of last week's gains and then some as Takaichi's policy framework paves the way for more BOJ tightening. In...

EURUSD is rising as traders are again selling the dollar to buy almost anything else. Should we join them, though, or bet against them?...

EURUSD dipped again in the first trading week of February, but the support near 1.1800 continues to give the bulls hope. Can they really...

In today's Elliott Wave analysis of USDCAD we identify the key level to watch for trading purposes after the pair started on a positive...

BOJ intervention fears seem to have faded away like a bad dream after USDJPY rose by nearly 250 pips last week. How much further...

While the support near 1.1800 still holds, EURUSD is also far from last week's high near 1.2080. In today's Elliott Wave update we discuss...

USDJPY is rising this week as traders bet that the recent sell-off has minimized the BOJ intervention risk. Are they playing with fire, though?...

USDCAD bears are on the defensive as the pair is trading in the green for the first time in three weeks. Can it keep...

USDJPY bulls limited the damage but still couldn't prevent a weekly loss even after Trump calmed the market by picking Kevin Warsh for new...

USDCAD dipped below 1.3500 for the first time since September, 2024, as the pair suffered a second weekly loss in a row. Is the...

EURUSD topped 1.2000 for the first time since mid-2021, before losing momentum to close below 1.1900 again last week. Is this a dip to...

EURUSD approached 1.2100, before losing ~100 pips to drop below 1.2000 again. Is this a dip to buy? In today's Elliott Wave update we...

Even the mere fear of BOJ intervention was enough to cause a sharp drop in USDJPY. How much further can the pair fall before...

USDCAD keeps plunging as rising oil prices give Canada' economy a helping hand. How much further can the pair drop before finding support? Read...

USDCAD fell sharply last week on Fed independence concerns and strong Canadian retail sales. In today's analysis we put that sell-off into Elliott Wave...

EURUSD rose sharply last week as Trump's threats against US allies over Greenland are not doing the greenback any favors. How much further can...

USDJPY fell sharply last week as the BOJ seems ready to intervene on the yen's behalf. Could this be just another dip to buy,...

EURUSD is rising this week as Trump fresh tariff threats against the EU and Britain undermine confidence in the greenback. How much further can...

USDCAD is falling this week as Trump's spat with the EU over Greenland inspires a 'sell America' attitude among traders and investors. Could this...

USDJPY is calmer than many feared this week after Sanae Takaichi's snap election call shook investors' confidence in Japan and Trump's tariff threats over...

In our latest Elliott Wave analysis of USDCAD we identify the key level to watch for trading purposes after the bulls failed to make...

EURUSD kept sliding last week after economic data didn't back up further rate cutting by the Fed. Is there a support in sight or...

USDJPY lost momentum just under 159.50 last week as Japan and US discuss joint intervention to stop the yen's slide. Can a sustained drop...