Elliott Wave Analysis of Crude Oil – September 4th, 2023
Crude oil surged sharply last week after inflation and labor market data implied that the US economy might be headed for a soft landing...
Crude oil surged sharply last week after inflation and labor market data implied that the US economy might be headed for a soft landing...
Crude oil surged sharply last week after inflation and labor market data implied that the US economy might be...
USDJPY is up 11.8% since the beginning of 2023, but is it safe to extrapolate the recent past into the future? Read in our...
USDJPY is up 11.8% since the beginning of 2023, but is it safe to extrapolate the recent past into...
USDCAD mostly recovered from last week's initial drop below 1.3500 and closed in the vicinity of 1.3600 again on Friday. Can the recovery continue...
USDCAD mostly recovered from last week's initial drop below 1.3500 and closed in the vicinity of 1.3600 again on...
Labor market data initially pushed EURUSD higher last week, but the bulls failed to maintain momentum and the pair closed in the red again...
Labor market data initially pushed EURUSD higher last week, but the bulls failed to maintain momentum and the pair...
Gold finished August on a positive note as the cooling labor market weakened the case for more interest rate hikes by the Fed. How...
Gold finished August on a positive note as the cooling labor market weakened the case for more interest rate...
Earlier today, Dollar General missed estimates on both earnings and revenue and lowered its full-year guidance. Investors showed no mercy and the stock cratered...
Earlier today, Dollar General missed estimates on both earnings and revenue and lowered its full-year guidance. Investors showed no...
Ironically or not, crude oil rose after traders interpreted the weak labor market data, which implies a cooling economy, as a positive sign. What's...
Ironically or not, crude oil rose after traders interpreted the weak labor market data, which implies a cooling economy,...
Weak US labor market data sent EURUSD sharply higher this week, but are those gains sustainable or is this just a corrective rally? Read...
Weak US labor market data sent EURUSD sharply higher this week, but are those gains sustainable or is this...
Following six weeks of gains, USDCAD is trading lower after fewer than expected job openings in July weakened the case for more rate hikes....
Following six weeks of gains, USDCAD is trading lower after fewer than expected job openings in July weakened the...
USDJPY is on the verge of breaking its winning streak after weaker-than-expected July labor market data dragged the dollar down. Elliott Wave analysis put...
USDJPY is on the verge of breaking its winning streak after weaker-than-expected July labor market data dragged the dollar...
Labor data showed that the job market is cooling, paving the way for a pause in the Fed's rate hiking cycle and sending gold...
Labor data showed that the job market is cooling, paving the way for a pause in the Fed's rate...
The past two and a half years have been quite disappointing for Walt Disney investors. Subscriber growth at the company’s streaming service, Disney+, helped...
The past two and a half years have been quite disappointing for Walt Disney investors. Subscriber growth at the...
Founded in 1920, SEGRO Plc is a REIT, which owns, manages, and develops modern warehouses and industrial properties in the UK and Europe. The...
Founded in 1920, SEGRO Plc is a REIT, which owns, manages, and develops modern warehouses and industrial properties in...
USDJPY managed to close above 146.00 for the first time since October, 2022, as rising treasury yields made the greenback exciting again. What's left...
USDJPY managed to close above 146.00 for the first time since October, 2022, as rising treasury yields made the...
WTI crude oil closed below the $80 mark last week. In today's Elliott Wave analysis we examine two alternative scenarios and identify the key...
WTI crude oil closed below the $80 mark last week. In today's Elliott Wave analysis we examine two alternative...
Last week, USDCAD closed above 1.3600 for the first time in three months on the back of rising treasury yields and a dip in...
Last week, USDCAD closed above 1.3600 for the first time in three months on the back of rising treasury...
Gold managed to eke out a weekly gain in late-August as it keeps trading like just another risky asset, regardless of its safe-haven status....
Gold managed to eke out a weekly gain in late-August as it keeps trading like just another risky asset,...
EURUSD extended its losing streak to six weeks in a row and closed below the 1.0800 mark in the last full week of August,...
EURUSD extended its losing streak to six weeks in a row and closed below the 1.0800 mark in the...
USDJPY is down this week despite rising yields on long-term government bonds as traders already look forward to September's BOJ decision. In today's Elliott...
USDJPY is down this week despite rising yields on long-term government bonds as traders already look forward to September's...
The price of crude oil is on the verge of sliding below $79 a barrel as China demand worries intensified after weak economic data....
The price of crude oil is on the verge of sliding below $79 a barrel as China demand worries...
USDCAD has hardly moved since the start of the week despite rising treasury yields and falling crude oil prices. Where's the pair headed to...
USDCAD has hardly moved since the start of the week despite rising treasury yields and falling crude oil prices....
Gold is trying to stage a recovery, but can the bulls really gain any momentum given the sharply rising yields on long-term government bonds?...
Gold is trying to stage a recovery, but can the bulls really gain any momentum given the sharply rising...
Rising treasury yields make the US dollar more attractive and put pressure on its currency rivals, EURUSD included. The pair is sliding just as...
Rising treasury yields make the US dollar more attractive and put pressure on its currency rivals, EURUSD included. The...
To say that PayPal has been a volatile investment would be an understatement. The company was spun off from eBay in 2015 and has...
To say that PayPal has been a volatile investment would be an understatement. The company was spun off from...
USDJPY looked determined to conquer the 146.00 mark last week, but failed to maintain momentum and had to settle for a close at 145.41....
USDJPY looked determined to conquer the 146.00 mark last week, but failed to maintain momentum and had to settle...
USDCAD keeps rising in August and is now up by over 450 pips since mid-July. Can the pair add a sixth week to its...
USDCAD keeps rising in August and is now up by over 450 pips since mid-July. Can the pair add...
WTI crude oil 's winning streak came to an end last week after China demand worries resurfaced following weak economic data. Can the slide...
WTI crude oil 's winning streak came to an end last week after China demand worries resurfaced following weak...
The price of gold dipped below $1890 last week as rising yields made non-income producing assets unattractive to investors. Can a reversal be expected...
The price of gold dipped below $1890 last week as rising yields made non-income producing assets unattractive to investors....
EURUSD was down by over 100 pips at one point last week and despite the bulls' best efforts, the pair closed in negative territory...
EURUSD was down by over 100 pips at one point last week and despite the bulls' best efforts, the...
USDJPY came close to the 146.00 mark yesterday and is now up for the third week in a row. How far can the bulls...
USDJPY came close to the 146.00 mark yesterday and is now up for the third week in a row....