Tag: TECHNICAL ANALYSIS

Wednesday's better-than-feared US inflation data dragged USDJPY down to 153.60 last week, before the bulls' counter-attack. Can the recovery continue in the second half...

EURUSD closed nearly 100 pips higher last week after better-than-feared US inflation in April kept alive the hopes for a Fed rate cut in...

In early-October, 2023, we wrote that the 10-year US government bond yield was likely to peak around 5%, before heading down to 3%. This...

The price of WTI crude oil is up slightly this week. Would the bulls be able to protect their fragile gains after today's all-important...

The price of gold regained the ground it lost at the start of the week and is now trading in the green ahead of...

USDJPY is trading in positive territory again this week, but is down by 80 pips from yesterday's high of 156.78. Is this a dip...

USDJPY rose 1.8% last week and has now recouped about half of the losses suffered from the two BOJ interventions the week before. Can...

In a rally the Elliott Wave principle put us ahead of, the price of gold surged sharply last week after traders saw another dip...

WTI crude oil was on the verge of rising above $80 last week, but closed the session just barely up, after the bulls lost...

In our previous article about Meta Platforms, we showed readers how back in June, 2022, Elliott Wave analysis put us ahead of the stock’s...

WTI crude oil is down for the second week in a row and already approaching the support area near $77 a barrel. Can the...

In today's Elliott Wave update of gold we identify a pattern, which provides a trading setup with a very attractive risk/reward ratio.

Forex traders are once again daring the Bank of Japan to intervene as USDJPY is up by nearly 350 pips from last week's bottom....

The Bank of Japan finally showed determination about stopping USDJPY from climbing further by intervening twice in the forex market last week. Can the...

The price of gold dipped for the second week in a row, despite a dovish Fed and a slowing US economy. Can the uptrend...

In a move Elliott Wave analysis warned us about, WTI crude oil plunged by nearly 7% last week following a surprising inventory buildup. Should...

When we wrote about Danish jewelry-maker Pandora A/S on June 8th, 2023, we said that “we won’t be surprised if it doubles over the...

Gold is not acting quite like the safe-haven asset it is often touted to be as the price is falling alongside the stock market...

The suspected intervention by the BOJ hasn't achieved much so far as USDJPY is almost back at the level it was trading prior to...

The price of WTI crude oil keeps falling in a bearish reversal, which Elliott Wave analysis helped us to predict in advance. Is it...

The price of WTI crude oil gained last week even as Q1 GDP data showed that the economy decelerated sharply amid stubbornly elevated inflation....

The BOJ's indecisiveness pushed USDJPY to a new 34-year high last week as the bulls no longer seem to fear the central bank. In...

Gold was down by over $100 an ounce at one point last week before the bulls went into damage control to finish the session...

As one of the Big Three consumer credit reporting agencies worldwide, Equifax is a company the modern economy can’t do without. Every loan origination...

WTI crude oil is up, but it won't hurt for traders to look at its Elliott Wave patterns before concluding that the bulls are...

The price of gold is down this week despite slightly improved rate cut prospects following weak US manufacturing data. Can Friday's PCE index reignite...

USDJPY is on the verge of reaching another major milestone in the face of the 155.00 mark, as the bulls dare the BOJ to...

As a company whose profits are a percentage of assets under management, it is not surprising that BlackRock stock rose in 2023 alongside the...

The price of gold rose for the fifth straight week as FOMO seems to be taking the baton from Middle East tensions as a...

USDJPY came close to the 155.00 mark last week as the Fed's long-awaited rate cuts have been pushed further into the future once again....