Tag: TECHNICAL ANALYSIS

Illinois Tool Works stock has been a steady compounder for over a decade. The share price is up ten-fold from the 2009 bottom, handily...

It wasn’t just Big Tech and crypto, which had a good one in 2023. Canadian uranium mining company Cameco Corp. was up by over...

In today's Elliott Wave update of USDJPY we examine what this week's recovery means and identify the two key levels to watch for trading...

USDCAD is up in the first couple of days of 2024, but can the bulls really be relied on after a streak of three...

At a time when even a war in the Middle East and massive OPEC cuts cannot move crude oil prices up, the only thing...

The price of gold didn't change much on the first trading day of 2024, but the textbook Elliott Wave setup it has drawn still...

In a bearish reversal, which Elliott Wave analysis warned us about, EURUSD is down by 200 pips over the past three trading days. Should...

USDJPY fell last week after the BOJ signaled its readiness to finally put an end to its ultra-loose policy soon, maybe as early as...

USDCAD spent the entire 2023 in a range between 1.3900 and 1.3100, before closing at 1.3252 on the final trading day of the year....

WTI crude oil seemed to be on its way to the $100 mark at one point in 2023, only to finish the year barely...

After two consecutive annual losses in 2021 and 2022, EURUSD managed to eke out a gain in 2023, closing above 1.1000 on the last...

The price of gold finished 2023 on a positive note, but a Fibonacci resistance spoiled the fun on the final trading day. Can the...

Everything seems to be going great at Lululemon Athletica. The company is on track for $9.6B in sales in fiscal 2024, up 18.5% compared...

The price of WTI crude oil is up for the third week in a row in a recovery, which Elliott Wave analysis helped us...

The price of gold is up for the third week in a row, but can we expect a meaningful Santa rally or should we...

EURUSD has drawn a very clear Elliott Wave pattern on its 4h chart. Take a look at it and read about its implications in...

In today's Elliott Wave update of USDJPY we identify the key level both the bulls and the bears need to watch for trading purposes....

USDCAD is down again this week as its inverse correlation with the price of crude oil seems to have finally returned. Is there a...

Lower PCE inflation led traders to believe the Fed might lower rates by more than expected in 2024, which dragged USDCAD down last week....

USDJPY bears failed to extend their winning streak to six weeks in a row as the pair eked out a small gain ahead of...

EURUSD managed to close above the 1.1000 mark for the first time since July as traders bet the Fed will cut rates aggressively in...

WTI crude oil finished higher for the second straight week as the Houthis attacks on ships in the Red Sea led to concerns about...

The price of gold added a second weekly trading session to its recovery from the lows near $1970 and closed above $2050. Can it...

The price of gold is up by over $70 an ounce in the past ten days alone. The Fed’s admission that its rate hiking...

USDJPY is attempting to stage a recovery in order to break its five-week losing streak. In today's Elliott Wave update we identify the key...

USDCAD is down again this week and already trading within the support area near 1.3300. Can it fall straight through it or should we...

The price of gold is up for the second straight week, but aren't the bulls too confident for their own good heading into Friday's...

WTI crude oil is rising in a natural recovery, which Elliott Wave analysis had warned us about in advance. Where is the price headed...

EURUSD is up for the second week in a row as traders adapt to the new dovish Fed and the still-hawkish ECB. How high...

USDJPY plunged last week after the Fed pivoted to interest rate cuts, while traders await the Bank of Japan's decision on Tuesday. What would...