Tag: TRADING

USDCAD keeps climbing as the Bank of Canada continues to lower interest rates, while the strong US economy might prevent the Fed from following...

USDCAD kept surging last week and is already trading in the vicinity of the resistance area around 1.3900. Can the bulls break it and...

USDJPY surged sharply last week even as the BOJ said it was monitoring it closely and was prepared to intervene. In today's Elliott Wave...

EURUSD continued to fall last week and closed below the 1.0800 mark for the first time since June. Can the bulls fight back and...

Earlier this month, while the US10Y yield was at 3.9670%, we wrote that it was likely headed towards 5.50% in the months ahead. That...

EURUSD is down for the fourth week in a row, but the bears now face the strong support area just under 1.0800. Can they...

USDJPY is up for the fourth week in a row and is now facing the resistance area near 152.00. Can the bulls breach it...

A very clear pattern has emerged from the bottom at 1.3420 in USDCAD. In today's update we discuss its meaning and place in the...

St. James’s Place Plc is another great example of bad news arriving when the price of a stock is due for a correction anyway....

Shares of CVS Health fell more than 5% on Friday after the company issued another earnings warning and appointed a new CEO. David Joyner...

EURUSD bears made it three in a row last week as the pair is down 2.4% this month already. How much further can it...

USDCAD closed in the green for third consecutive week, but couldn't break the strong resistance area near 1.3850. Can the bulls still do it...

USDJPY rose for the third straight week and even peeked over the 150.00, before retreating to close below it. Can the bulls break this...

One of the advantages of Elliott Wave analysis is that its patterns look the same on all time-frames. Whether we talk about hourly or...

In today's Elliott Wave update of USDJPY we discuss the very clear pattern that seems to be forming on the pair's 4h chart and...

USDCAD's sharp surge just bumped into the resistance near 1.3850, which has been an unbreakable barrier for the bulls for over two years now....

EURUSD is down for the third straight week as the ECB seems ready to keep lowering interest rates while the Fed hesitates. How much...

Nike is the leading sports brand in the world, period. Ever since Phil Knight signed Michael Jordan in 1984, the company has been on...

EURUSD lost some more ground last week after US inflation and payroll numbers came in hotter than expected. Should forex traders brace for more...

USDCAD surged by nearly 200 pips last week on higher-than-expected September inflation and strong payroll numbers. In our latest analysis we try to identify...

USDJPY closed a weekly session above 149.00 for the first time since July last week. How far can the bulls go this time before...

In today's Elliott Wave update of EURUSD we identify the key level bulls and bears are fighting over ahead of tomorrow's CPI.

USDCAD is up notably for the second straight week, helped by the inverse correlation with crude oil. Is there a resistance in sight? Read...

USDJPY is down slightly this week as forex traders wait for clues from tomorrow's CPI and the BOJ at the end of the month....

Personal finances guru Robert Kiyosaki’s main contribution was to educate the public about assets and liabilities. In the most simple terms, he says, an...

USDCAD has been gravitating around the 1.3600 mark for over two years now. In our latest Elliott Wave analysis we examine the structure of...

In our latest Elliott Wave analysis of USDJPY we search for the meaning of the pair's sharp surge last week.

Elliott Wave Analysis of USDJPY – October 7th, 2024

EW Pro Forex 05 Oct 24

In our latest Elliott Wave analysis of USDJPY we search for the meaning of the pair's sharp surge last...

EURUSD fells sharply last week after the labor market surprised to the upside in September, likely limiting the size of near-term Fed rate cuts....

A year ago, in early-October, 2023, when the 10Y US bond yield was at 4.73%, we wrote that it was likely to peak around...

EURUSD is down sharply this week in a bearish reversal Elliott Wave analysis put us ahead of. How much further can the pair fall...