Tag: TECHNICAL ANALYSIS

EURUSD surged by nearly 250 pips last week as a result of the Fed's pivot to rate cuts in 2024 and the ECB's unwillingness...

USDCAD plunged last week after the Fed kept rates unchanged and declared its intentions to pivot to as many as three rate cuts in...

The price of gold spiked last week after the Fed signaled that rate cuts are on the way in 2024. Is this rally sustainable,...

The support near $68 a barrel spoiled the bear party and sparked a recovery to over $72 in the price of WTI crude oil...

USDJPY is plunging after the Fed held rates unchanged on Wednesday and announced its intentions for three rate cuts in 2024. How low is...

The price of gold is down for the second week in a row and searching for support below the $2000 mark now. Will the...

USDCAD is slightly up this week, but it is the Fed's rate decision and Jay Powell's commentary later today, which can make or break...

EURUSD is slightly up this week ahead of the ECB's policy decision on Thursday as traders expect the bank to keep rates unchanged. Would...

Despite OPEC's best efforts to boost the price, WTI crude oil keeps plunging on soft demand and oversupply fears heading into 2024. Is there...

The rise of e-commerce was widely expected to kill the brick-and-mortar retail industry. Amazon’s dominance is undeniable as the company’s sales keep growing largely...

A hawkish hint by the BOJ was all it took to drag USDJPY down by over 500 pips last week before US labor data...

EURUSD fell sharply last week after strong US labor market data implied that the Fed might not start cutting rates as soon as some...

WTI crude oil added a seventh straight week to its losing streak despite OPEC's efforts to boost prices by promising to cut supply in...

USDCAD finished in the green for the first time in four weeks after strong labor data implied that the Fed might take its time...

Gold spiked to a new all-time high of $2149 last week, but the breakout turned out to be a fake one as the price...

If it wasn’t for Walmart and Amazon, Costco would be biggest retailer in the US and the world. The late Charlie Munger, Warren Buffett’s...

Crude oil 's losing streak continues as the price is down for the seventh straight week. Is there any hope left for the bulls?...

USDCAD is attempting to stage a comeback after three weekly trading sessions in the red. In today's Elliott Wave update we identify the key...

EURUSD is down by nearly 250 pips in just five trading days. Can the recovery we saw over the past two months still evolve...

USDJPY is slightly up, but mostly unchanged as forex traders are already looking forward to the Fed's interest rate decision next Wednesday. In our...

Gold spiked to a new all-time high of $2149 on Monday and likely triggered a lot of stop-loss orders placed just above the $2075...

2023 wasn’t quite good for Simon Property Group shareholders until about two months ago. The stock had started the year above $118 a share,...

It’s been over a year since Liz Truss’ mini-budget plunged GBPUSD to under 1.0400 in September, 2022. The Pound Sterling is looking much better...

USDJPY finished in negative territory for the third straight week on rather dovish remarks by Fed Chair Jerome Powell. Is the uptrend officially over?...

EURUSD briefly peeked above the 1.1000 mark, before falling back down to close the week below 1.0900. Can the pair's recovery continue in December?...

Gold surged sharply again last week and is now on the verge of breaching the resistance at $2075 and reaching a new all-time record....

The well-known inverse correlation between USDCAD and crude oil seems to be no longer at work as the two have been falling in tandem...

The bulls fought a good fight, but still couldn't prevent WTI crude oil from extending its losing streak to six weeks in a row....

The first time we wrote about SEI Investments, in November, 2019, Elliott Wave analysis somehow warned us about the crash of 2020 before we...

Falling treasury yields are dragging USDCAD down with them as forex traders no longer expect the Fed to keep raising interest rates. Is there...