Tag: TECHNICAL ANALYSIS

WTI crude oil is rising as economists and bankers alike started sounding a lot more optimistic about the global economy. How high can the...

EURUSD is little changed since the start of the week, hovering around multi-month highs near 1.0850. In what direction is it likely to move...

The price of gold is slightly down this week as the bulls decided to take a breather after their sharp ascent in recent weeks....

USDCAD is taking its inverse correlation with the price of oil into account so far this week, dropping while the commodity rises. Can the...

USDJPY jumped today after the Bank of Japan decided to stick to its controversial yield control policy, defying market expectations. How does this rally...

WTI crude oil prices rose in the second week of 2023, as brightening economic prospects fueled by slowing inflation led to demand optimism. Can...

USDCAD barely held above 1.3320 after last week's US inflation report, but then recouped some of its losses to close in the vicinity of...

EURUSD surged sharply last week after the latest US CPI report showed inflation eased again in the final month of 2022. Is this the...

USDJPY plunged sharply last week following a CPI report that showed US inflation slowed down again in last month of 2022. How low can...

Gold keeps surging in January, 2023, in a rally the Elliott Wave principle put us ahead of. How far can the bulls go before...

Headquartered in Bangalore, India, Infosys Limited offers business solutions in the fields of digital services and consulting. Like almost everything tech-related, the company enjoyed...

WTI crude oil is up slightly this week, but can the recovery continue or should we expect a new low? In today's Elliott Wave...

EURUSD exceeded 1.0760 earlier this week, up almost 13% from the two-decade low at 0.9536 the pair reached in late-September, 2022. Can the rally...

The price of gold keeps marching up for the fourth week in a row and is now approaching the resistance area near $1900. Can...

USDJPY is trying to build on last week's recovery and is slightly up this week, as well, ahead of tomorrow's important CPI for December....

USDCAD barely held above 1.3350 earlier this week, but is back above 1.3430 now ahead of tomorrow's CPI report for December. Where's the pair...

Most currencies didn’t do well against the US dollar last year, but few did worse that the British pound. At the start of 2022,...

Despite the well-known inverse correlation between USDCAD and crude oil prices, both the pair and the commodity plunged last week. Here's how this drop...

EURUSD started 2023 with a sharp plunge below 1.0500, but managed to recoup most of its losses by the end of the first trading...

USDJPY found support at 129.50 and closed above 132.00 last week despite expectations for a less aggressive Fed going forward. Can the bulls build...

WTI crude oil plunged in the first week of 2023 as traders focused on China's messy reopening rather than on the prospects for a...

In a move the Elliott Wave principle helped us predict, the price of gold surged in the first week of 2023. Is the yellow...

You don’t have to dig too deep to see that Victrex and Caterpillar don’t have much in common, but please bear with us. When...

In today's Elliott Wave update we identify the two most likely paths USDJPY can take, as well as the key price level that separates...

USDCAD is starting the year on a positive note after it gained 140 pips in just the first two trading days of 2023. How...

Crude oil is tumbling at the start of 2023 as persistent worries about the global economy falling into recession weigh on the price. In...

EURUSD is dropping in the first days of 2023 after inflation data from Spain and Germany decreased the pressure on the ECB to raise...

Gold is starting 2023 on a positive note, already in the vicinity of $1850, up 1.3% in just the first two trading days. Can...

USDCAD fell during the last week of 2022, but still closed the year significantly higher than where it had started it. Can the rally...

EURUSD finished 2022 on a positive note with a Santa rally of almost 100 pips and a close above the 1.0700 mark on Friday,...