Elliott Wave Analysis of Crude Oil – July 31st, 2023
WTI crude oil closed above $80 a barrel for the first time since April last week and is now up almost 25% from its...
WTI crude oil closed above $80 a barrel for the first time since April last week and is now up almost 25% from its...
WTI crude oil closed above $80 a barrel for the first time since April last week and is now...
USDCAD closed marginally higher for the second week in a row despite the accompanying rise in crude oil prices and less hawkish Fed. Can...
USDCAD closed marginally higher for the second week in a row despite the accompanying rise in crude oil prices...
It was a volatile week for USDJPY after the BOJ tweaked its policy to allow 10-year yields to rise up to 1%. How does...
It was a volatile week for USDJPY after the BOJ tweaked its policy to allow 10-year yields to rise...
Last week, EURUSD dipped to the support area, which Elliott Wave analysis had helped us identify the week before. Where is the pair likely...
Last week, EURUSD dipped to the support area, which Elliott Wave analysis had helped us identify the week before....
The price of gold finished the fourth week of July in the red, but the bulls still seem poised for a monthly win. What...
The price of gold finished the fourth week of July in the red, but the bulls still seem poised...
Unum Group provides financial protection benefits, i.e., insurance. The company is listed on the NYSE and its main areas of operation are the US,...
Unum Group provides financial protection benefits, i.e., insurance. The company is listed on the NYSE and its main areas...
EURUSD, the most traded forex pair, will certainly be an important battlefield between bulls and bears after today's Fed rate decision. Who's more likely...
EURUSD, the most traded forex pair, will certainly be an important battlefield between bulls and bears after today's Fed...
USDJPY is down this week as traders look forward to today's interest rate decision. Is the pair going to keep sliding post-Fed? Read in...
USDJPY is down this week as traders look forward to today's interest rate decision. Is the pair going to...
The price of crude oil was up by over $3 a barrel earlier this week as recession worries fade and Asian demand ramps up....
The price of crude oil was up by over $3 a barrel earlier this week as recession worries fade...
USDCAD is down by about 50 pips this week as traders brace for the Fed's interest rate decision and Jay Powell's comments later today....
USDCAD is down by about 50 pips this week as traders brace for the Fed's interest rate decision and...
Gold is up for the fourth week in a row ahead of today's crucial interest rate decision. Can the Fed derail the metal's recovery?...
Gold is up for the fourth week in a row ahead of today's crucial interest rate decision. Can the...
Crude oil closed in the vicinity of $77 a barrel last week as traders put recession worries aside and OPEC cuts begin to take...
Crude oil closed in the vicinity of $77 a barrel last week as traders put recession worries aside and...
USDJPY surged sharply last week on expectations that the Bank of Japan will abstain from any changes to its ultra-loose policy next week. In...
USDJPY surged sharply last week on expectations that the Bank of Japan will abstain from any changes to its...
The bulls' winning streak came to an abrupt end last week after EURUSD closed 150 pips below Tuesday's intraday high. Is there a support...
The bulls' winning streak came to an abrupt end last week after EURUSD closed 150 pips below Tuesday's intraday...
USDCAD notched up a gain last week ahead of the Fed's interest rate decision on July 26th and the PCE index release two days...
USDCAD notched up a gain last week ahead of the Fed's interest rate decision on July 26th and the...
The resistance near $1990 discouraged the bulls last week, but gold still managed to eke out a weekly gain. Can the recovery continue heading...
The resistance near $1990 discouraged the bulls last week, but gold still managed to eke out a weekly gain....
Oracle just wrapped up its fiscal year ending May, 2023, recording total revenue of nearly $50B. Along with Nvidia and Microsoft, Oracle is another...
Oracle just wrapped up its fiscal year ending May, 2023, recording total revenue of nearly $50B. Along with Nvidia...
EURUSD's hardly changed since the beginning of the week as traders brace for another Fed rate hike and the PCE index release next week....
EURUSD's hardly changed since the beginning of the week as traders brace for another Fed rate hike and the...
The price of crude oil is up for the fourth week in a row as recession worries fade and OPEC cuts begin to make...
The price of crude oil is up for the fourth week in a row as recession worries fade and...
USDCAD is down a bit this week, pressured by rising oil prices, even as the Fed is expected to raise interest rates again next...
USDCAD is down a bit this week, pressured by rising oil prices, even as the Fed is expected to...
USDJPY is up this week as the Federal Reserve is widely expected to add another 25 basis points to US interest rates on July...
USDJPY is up this week as the Federal Reserve is widely expected to add another 25 basis points to...
The price of gold is up for the third week in a row despite the near certainty of another rate hike to be announced...
The price of gold is up for the third week in a row despite the near certainty of another...
It’s been over six months since we last wrote about GBPUSD. At the start of 2023, the Pound was hovering around 1.2100, up nearly...
It’s been over six months since we last wrote about GBPUSD. At the start of 2023, the Pound was...
USDCAD dipped below 1.3100 last week before the bulls managed to regroup and lift the pair to a Friday close at 1.3217. In today's...
USDCAD dipped below 1.3100 last week before the bulls managed to regroup and lift the pair to a Friday...
EURUSD surged sharply and closed above 1.1220 last week following a lower-than-expected June inflation reading in the US. Is it too late to join...
EURUSD surged sharply and closed above 1.1220 last week following a lower-than-expected June inflation reading in the US. Is...
Crude oil bulls seemed very determined through most of last week, but they couldn't maintain momentum above $77 and suffered a $2 drop. Is...
Crude oil bulls seemed very determined through most of last week, but they couldn't maintain momentum above $77 and...
Gold keeps gaining ground in July as decelerating inflation fuels hopes that the Fed might soon be done with raising interest rates. What's left...
Gold keeps gaining ground in July as decelerating inflation fuels hopes that the Fed might soon be done with...
USDJPY plunged last week as the Consumer Price Index showed that inflation decelerated more than expected in June. How much further can the pair...
USDJPY plunged last week as the Consumer Price Index showed that inflation decelerated more than expected in June. How...
It’s been another week USDCAD bulls would like to forget. Currently below 1.3130, the pair is down by over 150 pips since the market...
It’s been another week USDCAD bulls would like to forget. Currently below 1.3130, the pair is down by over...
The past three years have been a real roller-coaster ride for Ford investors. The stock dipped below $4 a share in midst of the...
The past three years have been a real roller-coaster ride for Ford investors. The stock dipped below $4 a...