Tag: TECHNICAL ANALYSIS

The price of gold hasn't moved much this week as traders brace for more crucial inflation and employment data to come out soon. Elliott...

EURUSD is slightly up this week despite expectations that the ECB is going to start cutting interest rates as soon as Thursday. Contrary to...

USDJPY is down this week as soft US economic data strengthens the case for the Fed to start cutting interest rates in September. How...

USDCAD keeps alternating between a week in the green and one in the red without making a breakout in either direction. One is just...

Despite the threat of another intervention by the Bank of Japan, USDJPY closed the month of may on a high note. Are the bulls...

Despite its second consecutive weekly tumble in May, the price of gold still managed to eke out a monthly gain and close above the...

WTI crude oil fell for the second month in a row in May, 2024, as the slowing US economy outweighed the geopolitical tensions. Should...

EURUSD bulls achieved a positive monthly close for the first time this year after the pair rose by 1.71% in May. Can the rally...

USDCAD initially fell, then surged, then fell again last week. Elliott Wave analysis helped us to predict all three moves in both directions. What...

EURUSD traders are patiently waiting for Friday's PCE inflation report, but Elliott Wave analysis is already giving us a hint of what to expect...

Warren Buffett started buying oil giant Occidental Petroleum in 2019 and has been steadily increasing Berkshire’s stake ever since to as much as 35%...

In a recovery Elliott Wave analysis helped us to predict, WTI crude oil is up by over 3% this week. Are the bulls really...

The price of gold is attempting to stage a recovery from last week's selloff. Can the bulls pull if off heading into this week's...

USDJPY is mostly unchanged so far this week as forex traders brace for Friday's PCE inflation and as the threat of a BOJ intervention...

USDCAD recovered from this week's initial drop and is now trading back where it was at its beginning. Can the rally continue? Read in...

eBay stock is up 25% so far in 2024, more than doubling the year-to-date return of the S&P 500 index. The stock is still...

The price of WTI crude oil fell again as expected last week before bumping into the strong support area around $76 a barrel. Can...

The bears put a big dent in gold 's aura of invincibility last week after dragging it down by over $100 an ounce from...

USDCAD bulls must be happy with what they achieved last week, although Friday's sharp selloff must've left a bad taste in their mouths. Can...

Last week, USDJPY resumed its recovery from the two BOJ interventions as traders speculate about the probability of a third one soon. In our...

In today's Elliott Wave analysis of EURUSD we identify the pair's most likely path forward and the key level to watch for trading purposes....

Gold 's early gains this week propelled it to a new all-time high, but the bulls then lost momentum and have now given up...

Last week's recovery in WTI crude oil didn't last as it only took the bears less than three full trading days to erase it...

After five straight weeks of gains, EURUSD bulls have finally decided to slow down in anticipation of today's FOMC minutes. Can the pair's rally...

In today's Elliott Wave update of USDCAD we examine the pair's hourly chart and identify the key level both bulls and bears must keep...

USDJPY is rising this week just as Elliott Wave analysis had suggested. Is the rally poised to continue or should we expect a bearish...

Compared to the Magnificent Seven, Autodesk looks like a small company with its market cap of less than $48B. But when it comes to...

WTI crude oil bulls managed to prevent a third weekly loss in a row by closing the session near $79.50 after finding support just...

Better-than-feared US inflation in April helped push the price of gold close to new all-time highs last week. What's left of that uptrend, though?...

USDCAD dipped below 1.3600 last week in a drop Elliott Wave analysis put us ahead of. Can we expect more weakness going forward? Read...