Elliott Wave Analysis of Crude Oil – July 4th, 2022
Despite surging past $112.60, the price of crude oil finished last week little changed from where it started it. Recession fears lead to lower...
Despite surging past $112.60, the price of crude oil finished last week little changed from where it started it. Recession fears lead to lower...
Despite surging past $112.60, the price of crude oil finished last week little changed from where it started it....
The support near 1.2800 held the bearish ambitions last week and caused a rebound above 1.2960 in USDCAD. Are the bulls in charge now...
The support near 1.2800 held the bearish ambitions last week and caused a rebound above 1.2960 in USDCAD. Are...
USDJPY tried to keep rising last week and reached the 137 mark, but then failed to maintain momentum and closed mostly unchanged Friday. Is...
USDJPY tried to keep rising last week and reached the 137 mark, but then failed to maintain momentum and...
The bulls' recovery attempts seem to be failing as Bitcoin is once again barely holding above the $20k mark. The prevailing mood is that...
The bulls' recovery attempts seem to be failing as Bitcoin is once again barely holding above the $20k mark....
Crude oil is up by over $5 a barrel so far this week, but remains locked in the same range it has been trading...
Crude oil is up by over $5 a barrel so far this week, but remains locked in the same...
Yesterday was a bad day for risk assets like stocks, but investors are having a hard time finding safe havens as gold is also...
Yesterday was a bad day for risk assets like stocks, but investors are having a hard time finding safe...
The invalidation level Elliott Wave analysis helped us identify is still intact in EURUSD and so is our outlook for the pair. Is it...
The invalidation level Elliott Wave analysis helped us identify is still intact in EURUSD and so is our outlook...
USDCAD is little changed so far this week as the pair is still bumping into the support area near 1.2900. Are the bears going...
USDCAD is little changed so far this week as the pair is still bumping into the support area near...
A very clear Elliott Wave pattern seems to be almost complete on the hourly chart of USDJPY. Where does it lead? Read in our...
A very clear Elliott Wave pattern seems to be almost complete on the hourly chart of USDJPY. Where does...
Our regular readers often hear us say that it is never a good idea to pick tops and bottom. Even if the analysis turns...
Our regular readers often hear us say that it is never a good idea to pick tops and bottom....
Bitcoin is attempting a timid recovery, despite the bad news that is pouring over the industry from all sides right now. Is this a...
Bitcoin is attempting a timid recovery, despite the bad news that is pouring over the industry from all sides...
EURUSD climbed by about 60 pips last week, but with Germany on the brink of an energy shortage-induced recession, do the bulls really stand...
EURUSD climbed by about 60 pips last week, but with Germany on the brink of an energy shortage-induced recession,...
Crude oil fell some more last week, but the support area near $100 a barrel stopped the bears in their tracks. What does this...
Crude oil fell some more last week, but the support area near $100 a barrel stopped the bears in...
USDCAD is once again having difficulties breaching the 1.29-1.31 resistance area. The pair dipped last week, but does this mean it is headed towards...
USDCAD is once again having difficulties breaching the 1.29-1.31 resistance area. The pair dipped last week, but does this...
Gold fell slightly, but remained mostly unchanged last week. The key level we're watching is still intact and so is our Elliott Wave count....
Gold fell slightly, but remained mostly unchanged last week. The key level we're watching is still intact and so...
USDJPY exceeded 136.70 last week, but closed almost 150 pips lower, highlighting the bulls' likely exhaustion. Should we expect a major bearish reversal, and...
USDJPY exceeded 136.70 last week, but closed almost 150 pips lower, highlighting the bulls' likely exhaustion. Should we expect...
Meta Platforms, formerly Facebook, needs no introduction. It is the biggest social media company in the world with over 3.6 billion users on its...
Meta Platforms, formerly Facebook, needs no introduction. It is the biggest social media company in the world with over...
The $20k support area is understandably slowing the bears down. Would the bulls manage to turn things around one more time, like they have...
The $20k support area is understandably slowing the bears down. Would the bulls manage to turn things around one...
USDJPY keeps rising as the Bank of Japan seems unprepared to deal with rising inflation for the first time in over 30 years. How...
USDJPY keeps rising as the Bank of Japan seems unprepared to deal with rising inflation for the first time...
Crude oil is falling sharply as recession fears darken the energy demand outlook. How low is the commodity going to drop before finding support?...
Crude oil is falling sharply as recession fears darken the energy demand outlook. How low is the commodity going...
EURUSD keeps sliding as the Fed shows a stronger determination than the ECB to do what it has to in order to bring inflation...
EURUSD keeps sliding as the Fed shows a stronger determination than the ECB to do what it has to...
USDCAD is down a bit so far this week as crude oil took a sharp plunge, as well. Is the inverse relationship between the...
USDCAD is down a bit so far this week as crude oil took a sharp plunge, as well. Is...
Gold is down so far this week, but there are two key levels that are both untouched. Which one of them is going to...
Gold is down so far this week, but there are two key levels that are both untouched. Which one...
Pernod Ricard S.A. is a French wines and spirits manufacturer, better known by some of its products, such as Absolut Vodka, Chivas Regal and...
Pernod Ricard S.A. is a French wines and spirits manufacturer, better known by some of its products, such as...
We last wrote about Danish hearing aid device maker GN Store Nord in early-October, 2021. The stock was trading near DKK 430 a share,...
We last wrote about Danish hearing aid device maker GN Store Nord in early-October, 2021. The stock was trading...
With the Fed seriously fighting inflation and the ECB taking it slowly, pressure is mounting again on EURUSD. Is parity still on the cards?...
With the Fed seriously fighting inflation and the ECB taking it slowly, pressure is mounting again on EURUSD. Is...
The Fed got really aggressive in its aim to bring inflation down, while the BOJ sticks to its loose monetary policy. Does this mean...
The Fed got really aggressive in its aim to bring inflation down, while the BOJ sticks to its loose...
Despite broad losses in the bond and stock markets, gold failed in its safe-haven role and also finished lower last week. It still held...
Despite broad losses in the bond and stock markets, gold failed in its safe-haven role and also finished lower...
In a move Elliott Wave analysis helped us predict, USDCAD rose sharply last week on the back of recession fears and crude oil weakness....
In a move Elliott Wave analysis helped us predict, USDCAD rose sharply last week on the back of recession...
The crypto bubble seems to have finally come to its inevitable and ugly end. Crypto exchanges are laying off staff and halting customer withdrawals....
The crypto bubble seems to have finally come to its inevitable and ugly end. Crypto exchanges are laying off...