Tag: TRADING

USDCAD is up by a hundred pips from yesterday's low in a bullish reversal Elliott Wave analysis helped us predict in advance. What's next...

EURUSD dipped and closed below 1.0900 last week on Eurozone recession worries and expectations for more rate hikes by the Fed. Does this dip...

USDJPY came close to 144.00 last week and is now up nearly 10% in 2023, beating the return of almost every stock with the...

The price of crude oil closed below $70 again last week and has been gravitating around this mark for quite a while now. Can...

The price of gold fell again last week on the back of hawkish Fed comments and despite recession worries. Can the $1900 support be...

USDCAD fell for the fourth week in a row despite the Fed's hawkish comments and the sharp drop in the price of crude oil....

Airbus made the news earlier this week after it secured a record-breaking order from India’s biggest airline. IndiGo just ordered 500 narrow-body jets from...

The price of crude oil has mostly recovered from this week's initial dip and is now almost back where it started. Can the rally...

USDCAD is up this week after falling by nearly 500 pips over the previous three weeks. Can the bulls stage a meaningful recovery from...

Gold has already given up most of the gains it achieved in the second half of last week. How far are the bears willing...

EURUSD is down a bit this week, following its recent 330-pip ascent. Is the recovery over and should the bulls be worried? Read in...

The hourly chart of USDJPY is showing not one, but two important patterns, both pointing in the same direction going forward. Take a look...

The Fed tried to sound tough last week when it held rates steady, but traders didn’t buy the threats. Coupled with the stabilization in...

Things looked quite bad for crude oil bulls at the start of last week, but they managed to regroup and finish in the green...

Gold traders started last week on a negative note as the price fell to $1925, but the bulls managed to recoup most of their...

The Federal Reserve didn't raise rates last week, but its hawkish tone was enough to push USDJPY higher to the vicinity of 142.00. Is...

USDCAD fell again last week after the Fed abstained from raising interest rates again, while the Bank of Canada is still tightening. Elliott Wave...

The ECB raised, while the Federal Reserve held its fire last week, which allowed EURUSD to notch up a strong gain of nearly 200...

Big tech wasn’t the only industry that benefitted from Covid-19. The pandemic also gave a strong sales boost to grocery chains such as Target....

The battle of the central banks seems to have produced a clear winner and that is the Euro after the Fed held steady, while...

It’s been a year and a half to forget for Domino’s Pizza investors. The stock reached an all-time high of $567.57 on the last...

USDJPY is trading in the green this week ahead of the important FOMC interest rate decision due later today. Can the recovery continue? A...

Inflation is coming down and taking gold, the ultimate inflation hedge, down with it. Can the slide be expected to continue or is there...

EURUSD is trying to stage a recovery ahead of today's crucial FOMC decision on interest rates. Can the bulls be relied on, though? Read...

The price of crude oil is in negative territory for the third week in a row despite piling production cuts by OPEC+. A trading...

USDCAD is down for the week so far after yesterday's CPI data strengthened the case for a pause in the Fed's tightening campaign. Is...

In early-December, 2022, we wrote that there were “Two Elliott Wave Patterns We Cannot Ignore” on the daily chart of Plus500 stock. The company...

Contrary to common sense, the price of crude oil actually fell in a week when Saudi Arabia announced an additional million barrels a day...

EURUSD made small gains last week in expectation of a rate hike pause by the Fed at its next meeting on June 13-14. Can...

Gold made small gains last week ahead of the latest CPI data and as the Fed is expected to hold interest rates steady on...