Tag: TRADING

USDJPY fell ~60 pips in the first full week of June on expectations for a rate hike pause to be announced by the Fed...

June is shaping up as a terrible month for USDCAD bulls as the pair plunged for the second straight week heading into FOMC. In...

The share price of Danish jewelry-maker Pandora is down 19% over the past three months. However, it is still up 10% since we turned...

The price of gold is up this week as OPEC's latest surprise production cut threatens to stop the global economic recovery in its tracks....

USDCAD is down again as forex traders expect crude oil prices to head north soon and reestablish the inverse correlation between the two. Can...

USDJPY is trading lower for the second week in a row as the Fed is widely expected to hold interest rates steady at its...

Crude oil opened with a gap to the upside on Monday, after Saudi Arabia said it would remove another million barrels a day from...

EURUSD is down again this week, despite broad expectations that the Fed would abstain from pulling the trigger at its next meeting. How much...

Six months ago, in early-December, 2022, we wrote a comprehensive analysis of AUDUSD. It included our Elliott Wave interpretation of the pair’s historical, weekly...

The price of gold struggled to regain its footing last week after recession fears subsided following goldilocks economic data from the US. Can the...

USDJPY had a down week after US economic data tilted the odds strongly in favor of a pause in the Fed's rate hiking campaign....

USDCAD lost nearly 200 pips last week, observing its inverse correlation with the price of crude oil, which surged sharply the past two trading...

Crude oil fell sharply at the start of last week, but managed to recoup most of its losses by Friday following strong economic data...

EURUSD lost ground for the fourth week in a row after Germany officially fell in a recession and the release of a goldilocks US...

We shared the chart above with readers just over a year ago, on May 19th, 2022. It revealed that Tyson Foods’ uptrend over the...

More than two years ago, in February, 2021, we wrote an article titled “SBAC Stock to Reach New High Before Bears Show Up.” The...

In today's Elliott Wave update of crude oil we examine three possible alternatives depending on what the price does next. Take a look.

USDJPY turned south shortly after touching an important line of resistance, which Elliott Wave analysis had helped us identify in advance. Can the slide...

Despite the initial spike in volatility, the price of gold is slightly up so far this week. In today's Elliott Wave update we examine...

EURUSD keeps sliding as the odds of another 25 bps rate hike by Fed increased following last week's PCE inflation reading. Is there a...

USDCAD bulls picked up where they left off and the pair is rising for the second week in a row. How far can it...

When Covid-19 struck on US soil in the spring of 2020, it seemed to be the final nail in the already struggling retail sector’s...

Crude oil finished higher for the second week in a row despite OPEC cuts and the hit on demand a resulting recession might cause....

USDJPY surged last week as expectations for another 25 bps rate hike by the Fed increased and the BOJ keeps its ultra-loose policy. Is...

Gold slid again last week as rising stocks and the prospect of another 25 bps rate hike made non-yield safe-haven assets unattractive. Can the...

Expectations for another 25 bps Fed rate hike suddenly increased and caused a third weekly drop in EURUSD last week. How much further can...

USDCAD surged last week, helped by a drop in crude oil prices and rising expectations for another rate hike by the Fed. Can the...

In today's Elliott Wave update we examine two possible alternatives for the price of crude oil going forward as well as the right way...

Despite the fast approaching debt ceiling deadline, traders have yet to rush for a safe haven this week as gold is actually down a...

EURUSD is down by more than 300 pips in less than a month as traders weigh a possible rate hike pause, recession worries and...