Tag: TECHNICAL ANALYSIS

USDJPY bulls achieved a weekly close above the 150.00 mark for the first time since November. Can they finally go for 152.00, as well?...

The 2024 recovery in the price of WTI crude oil continued last week as the bulls added another 2.1% to their winning streak. A...

January inflation data caused a sharp selloff in the price of gold last week, but the bulls managed to recoup most of their losses...

Despite its bright future, the electric vehicle market has been in the doldrums as of late, and not just Tesla. According to CompaniesMarketCap, EV...

CPI for January pictured a strong US economy and helped WTI crude oil bulls to conquer $78 a barrel yesterday. How high can they...

USDJPY is trading above the psychological mark of 150.00 and is gaining ground towards a new multi-year high. Can the bulls finally conquer 152.00?...

In a selloff Elliott Wave analysis put us ahead of, the price of gold fell sharply after yesterday's CPI, which shattered traders' hopes for...

WTI crude oil surged sharply last week as the EIA expects US production to flatline this year. How high can the price go before...

Gold dipped again last week as US stocks keep making new records and investors' demand for safe haven assets declines. Can the tide turn...

USDJPY bulls kept taking advantage of the bears' indecisiveness and pushed the pair to a weekly close above 149.00 for the first time since...

In today's additional WTI crude oil update we examine how does this week's price surge fit into the bigger Elliott Wave pattern.

WTI crude oil is trying to regain some of the ground it lost in last week's selloff, but can the bulls really be relied...

USDJPY is down by nearly 40 pips this week, but is this a dip to buy or the start of a bigger selloff? Read...

Gold keeps gravitating around $2030, but there are hidden developments under the surface, which imply an upcoming balance change. Where is the price headed...

EURUSD seems to have found support near 1.0720, but can we expect a sustainable uptrend or just a corrective rally within the downtrend? Read...

Elliott Wave analysis has been quite useful in predicting the path of the Japanese Nikkei 225 index. It not only put us several months...

Despite the initial weakness, USDJPY managed to eke out a gain last week, helped by December's strong non-farm payrolls report. Can the pair keep...

Gold notched up a weekly gain, but the bulls only managed to preserve half their earnings following Friday's NFP report. In today's Elliott Wave...

Funny how fresh data indicating a strong economy caused WTI crude oil to fall on fears of a weak economy due to postponed rate...

EURUSD extended its losing streak last week following a surprisingly strong NFP report, suggesting the Fed is unlikely to cut in March. Is there...

Meta Platforms’ ‘year of efficiency’ was also a year for the history books. The stock was a top performer in 2023 and is starting...

Bayer investors just can’t catch a break. The last time we wrote about it, on April 5th, 2023, the stock was trading below €60...

WTI crude oil is down this week, but still on track to close the month of January in positive territory. Can the bulls breach...

USDJPY keeps gravitating around 147.50, but today's interest rate decision by the Fed is likely to move things around. Elliott Wave analysis is giving...

EURUSD is trading down for the third week in a row and the stage looks set for a big move heading into FOMC later...

In today's Elliott Wave update of gold we examine two possible scenarios explaining what the recent recovery likely means.

Elliott Wave Update of Gold – January 31st, 2024

EW Pro Gold & Silver 31 Jan 24

In today's Elliott Wave update of gold we examine two possible scenarios explaining what the recent recovery likely means....

Last time we showed you how Elliott Wave analysis warned us in advance about the crude oil price crash, which took place between mid-October...

January is shaping up as a disappointment to gold bulls, who enjoyed a very successful and rewarding Q4 2023. Can they regain momentum in...

EURUSD finished in the red for the second week in a row even as core US inflation came in lower than expected. Can the...

WTI crude oil surged by nearly $5 a barrel last week in a recovery, which Elliott Wave analysis helped us to predict much earlier....