Tag: TECHNICAL ANALYSIS

EURUSD briefly peeked above the 1.1000 mark, but a decisive breakout is a far from certain, despite falling US treasury yields. Is the bulls'...

The price of crude oil is up in anticipation of OPEC's meeting on November 30th as traders bet on prolonged supply cuts. In our...

Long-term treasury yields are dropping and taking the dollar down with them with USDJPY being one of the casualties. Can the pair rebound soon?...

Gold is up sharply this week and is now closing in on a new 2023 high. Is a new all-time high next? Read in...

The prices of most food commodities have dropped significantly from the highs seen during the shortages of 2022. Wheat is down 60%, coffee has...

November is shaping up as another bad month for crude oil bulls as the price fell in each of the four weekly trading sessions...

The price of gold finished Thanksgiving week above the $2000 mark as peak rates expectations made non-yield assets look more attractive. Can the surge...

EURUSD added more gains to its already impressive November tally last week. Can we expect more of the same in December? Read in our...

Things looked really bad for USDJPY bulls at one point last week when the pair was down by 250 pips. They managed to regroup,...

November is shaping up as a bad month for USDCAD bulls, who suffered losses in three of the last four weeks. Can they turn...

We haven’t written about the German DAX since we showed you how Elliott Wave analysis helped us to predict both the Covid-19 crash and...

Despite the numerous ups and downs, USDCAD is practically unchanged since the beginning of the week, hovering around 1.3720. In today's Elliott Wave update...

EURUSD bulls are taking a break following the impressive run they had last week. In today's Elliott Wave update we identify the key level...

WTI crude oil is up this week as traders brace for additional production cuts to be announced at OPEC's meeting over the weekend. How...

USDJPY is trading in negative territory for the second straight week after the bulls got discouraged by the resistance near 152.00. Can they regroup...

The price of gold climbed back above the $2000 mark and the bulls seem determined to finish November on a positive note. Is it...

We wrote about Mid-America Apartment Communities on one of the last trading days of 2022. The S&P 500 index had bounced up sharply two...

USDJPY tried and failed to exceed 152.00 again last week after weak labor data and lower inflation made another rate hike even less likely....

Crude oil finished in the red for the fourth straight week on weak economic data from the US and Asia and abundant inventories. This...

Gold surged last week after lower October inflation in the US implied that interest rates might come down sooner rather than later. Does this...

In a move, which Elliott Wave analysis helped us to predict, EURUSD surged sharply to over 1.0900 last week on weaker October inflation. Is...

USDCAD closed in negative territory last week after inflation data for October made it even less likely for the Fed to raise rates again....

The price of any commodity, crude oil included, is determined by the balance or imbalance between supply and demand. This year, there have been...

The 10-year US government bond yield was hovering around 3.75% when we first wrote about it in mid-February. Elliott Wave analysis led us to...

USDJPY was on the verge of a new multi-decade high earlier this week, before October's inflation numbers dragged it down. Can the bulls finally...

WTI crude oil is up this week on bets that the economy might avoid a recession following lower than expected October inflation. In today's...

EURUSD surged sharply yesterday on bets that US interest rates might be coming down sooner than previously expected. Elliott Wave analysis had prepared us...

Christmas came early for gold bulls after October's inflation numbers strengthened the case for a Fed pause and even put cuts on the horizon....

Lower-than-expected October inflation put rate cuts on the horizon for 2024 and dragged USDCAD sharply down yesterday. Is there a support in sight for...

The decline in crude oil intensified last week and the price was briefly down by $20 a barrel from its late-September peak at $95....