Tag: TRADING

As USDJPY traders await the BOJ's decision on Thursday, we've identified the key resistance area both bulls and bears must pay attention to. Take...

EURUSD is little changed since the start of the week as forex traders are understandably hesitant to act before hearing what Jay Powell has...

In yet another occasion when USDCAD and crude oil are moving in tandem, the forex pair is down for the second week in a...

The price of WTI crude oil is down for the week after it bumped into the strong resistance area near $93 a barrel. How...

The price of gold gave up most of its weekly gains after Jay Powell's semi-hawkish message. In doing so, it seems to have drawn...

Despite the proliferation of digital wallets, one can hardly find a crack in Visa’s and Mastercard’s business models. Apparently, people are not willing to...

Despite Alibaba ‘s leading position in China’s e-commerce market, long-term investors have little to show for it. The company went public on the NYSE...

WTI crude oil 's relentless rally continues for the fourth straight month in September as the price broke above the $90 mark last week....

Despite the initial dip below 146.00, the bulls in USDJPY recouped all their losses and closed the week in the green again. What's left...

The ECB raised rates for the 10th straight time last week, but it signaled that its tightening cycle is now over, dragging EURUSD down...

Thanks to Elliott Wave analysis, last week's bullish reversal in the price of gold didn't come as a surprise. Can the rally continue from...

In a bearish reversal which Elliott Wave analysis helped us to predict, USDCAD plunged sharply last week, from over 1.3640 to under 1.3500. Is...

The bedrock of the modern economy is the microchip. There is at least one in nearly everything that uses electricity to function. From cars...

The price of gold is down for the second week in a row. Is this part of a bigger downtrend or an opportunity to...

USDJPY remains in the gravity zone of the 147.00 mark as traders brace for rate decisions by both the Fed and BOJ later this...

In today's Elliott Wave update of WTI crude oil we examine the structure of the rally from $77.56 on the 1-hour chart. Is the...

EURUSD is up this week as traders prepare for the possibility that today's CPI report is going to shake things up. In today's Elliott...

After a rally spanning nearly two months, USDCAD is down sharply this week in a dip, which Elliott Wave analysis helped us to predict....

Albertsons Companies Inc. is a food and drug store chain that is in the process of being acquired by Kroger. The FTC, in the...

USDJPY keeps climbing despite a widely-expected pause in the Fed's tightening campaign to be announced later this month. How much further can the pair...

WTI crude oil 's recovery continued last week as Russia and Saudi Arabia extended their production cuts through December. Does this mean it is...

The bulls couldn't extend their winning streak to three weeks in a row as gold fell more than 1% to close below $1920 last...

EURUSD closed below 1.0700 for the first time in six months, despite wide expectations for a rate hike pause by the Fed this month....

USDCAD almost touched 1.3700 last week, but lost momentum and closed a pip above 1.3640 on Friday. Are the bulls ready for another try...

We last wrote about Amazon late last year, on December 22nd, 2022. The stock was trading below $87 a share, down more than 50%...

Crude oil climbed to $88 a barrel yesterday as a soft landing scenario for the US economy looks increasingly likely to economists. Does this...

Gold has already given up more than half of last week's gains despite wide expectations that the Fed will not raise rates again this...

EURUSD keeps sliding despite wide expectations that the Fed's tightening cycle is now over. Where are the bears ultimately headed? Read in our latest...

There is a textbook Elliott Wave pattern on the hourly chart of USDJPY, giving us a very clear idea of what to expect in...

USDCAD looked poised to reach 1.3700 yesterday, but lost momentum. Can the pair break above the resistance area of 1.3650 from the first try...