Tag: TECHNICAL ANALYSIS

Despite the initial weakness, USDJPY closed less than a pip down after the Bank of Japan decided not to change its monetary policy last...

On June 14th, 2023, we wrote that Domino’s Pizza “may have finally found bottom.” The stock was trading just above $300 a share, down...

WTI crude oil has been going according to the Elliott Wave plan for months now. What does it have in store for the price's...

A textbook Elliott Wave pattern has formed on the 4h chart of EURUSD, giving us a hint of what to expect from the pair...

The price of gold is stuck near $2030 as traders await US core inflation data on Friday and the Fed's meeting next Wednesday. In...

USDJPY is down this week, even after the Bank of Japan kept its policy unchanged. Where is the pair headed to next? Read in...

With the exception of the occasional dip or spike to the outside, Biogen stock has been trading in a range between ~$200 and ~$400...

The price of gold barely held above the $2000 mark, before recovering to close the weekly trading session at $2030 on Friday. In today's...

USDJPY surged sharply last week after lower-than-expected inflation implied that the BOJ will leave its monetary policy unchanged next week. Here is how this...

EURUSD dipped below 1.0850 last week, extending its decline since late-December to nearly 300 pips. Can the bulls turn things around soon? Read in...

WTI crude oil prices rose last week after US inventories fell more than expected. Can the recovery continue and how high is it going?...

WTI crude oil remains stuck in a narrowing range around the $72 a barrel mark. Can we expect a breakout soon and in what...

USDJPY is surging as hopes for both a Fed rate cut in March and a hike by the BOJ were dashed by inflation data...

Uncertainty about the number of times the Fed is going to cut interest rates this year led to another decline in the price of...

EURUSD is falling just as Elliott Wave analysis had predicted weeks ago. Is there a support in sight the bulls can look forward to?...

On August 11th, 2023, we wrote that the stock price of Gucci brand owner Kering S.A. was likely “to pay another visit to its...

Gold was on track for a second weekly decline, but the escalation of the conflict in the Middle East triggered a recovery to nearly...

USDJPY finished in the green for the second week in a row in a recovery which has now produced a very clear Elliott Wave...

Even fresh attacks by the Houthi rebels in the Red Sea and a military response by the West couldn't produce a positive weekly close...

EURUSD bulls prevented a second weekly loss, but only managed to eke out a 9-pip gain in the second week of January, 2024. Where...

The price of a bushel of soybean came close to an all-time high on June 9th, 2022. But instead of finally reaching the $18...

Following the pair's recent 690-pip recovery, few people are more worried about tomorrow's US CPI report than EURUSD traders. Are they right to be...

WTI crude oil is down this week after Saudi Arabia resorted to price cuts to reign in disobedient OPEC members. Should we expect more...

The price of gold is falling for the second straight week as traders apparently brace for an unpleasant CPI surprise on Thursday. Does Elliott...

USDJPY is up for the second week in a row ahead of tomorrow's important US inflation data. Can the rally continue and how high...

By early-November, 2023, the price of sugar had more than tripled from its pandemic low of $9.18/lbs in April, 2020. So, when we wrote...

USDJPY surged by over 350 pips last week after stronger-than-expected US labor market data led traders to pare rate cut bets. Can the pair...

The price of gold fell in the first week of 2024 after the case for aggressive rate cuts weakened a bit on both sides...

The price of WTI crude oil climbed last week as the resilient US labor market and the situation in the Red Sea kept traders...

In a bearish reversal Elliott Wave analysis helped us to predict, EURUSD closed nearly 100 pips lower last week. Can we expect a recovery...