Elliott Wave Analysis of USDJPY – May 8th, 2023
BOJ sticks to its ultra-loose monetary policy, while the Fed just raised rates for the tenth time in a row. Yet, USDJPY fell anyway...
BOJ sticks to its ultra-loose monetary policy, while the Fed just raised rates for the tenth time in a row. Yet, USDJPY fell anyway...
BOJ sticks to its ultra-loose monetary policy, while the Fed just raised rates for the tenth time in a...
Neither the Fed's latest rate hike nor the crash in crude oil prices could prevent USDCAD from plunging as well last week. How does...
Neither the Fed's latest rate hike nor the crash in crude oil prices could prevent USDCAD from plunging as...
EURUSD closed the first week of May mostly unchanged after both the Fed and the ECB raised their benchmark interest rates by 25 bps....
EURUSD closed the first week of May mostly unchanged after both the Fed and the ECB raised their benchmark...
The price of gold was on the verge of a new all-time high last week after the Fed signaled that its tightening cycle is...
The price of gold was on the verge of a new all-time high last week after the Fed signaled...
Only until a month ago, Booking Holdings was a significant part of The EWM Interactive Stock Portfolio. We initially bought the stock during the...
Only until a month ago, Booking Holdings was a significant part of The EWM Interactive Stock Portfolio. We initially...
It is not the job of a currency pair to rise 17% in a matter of months. That’s what stocks and crypto are for....
It is not the job of a currency pair to rise 17% in a matter of months. That’s what...
Even wide expectations for another rate hike by the Fed can't help the bulls in USDJPY this week as traders seek refuge in the...
Even wide expectations for another rate hike by the Fed can't help the bulls in USDJPY this week as...
The price of WTI crude oil is crashing as concerns over the global economic outlook and rising interest rates outweigh tighter supply. Is there...
The price of WTI crude oil is crashing as concerns over the global economic outlook and rising interest rates...
USDCAD is up sharply this week, helped by a selloff in crude oil prices and expectations for another rate hike by the Fed later...
USDCAD is up sharply this week, helped by a selloff in crude oil prices and expectations for another rate...
EURUSD is up slightly this week despite decelerating Eurozone inflation and expectations for another Fed rate hike later today. Can the bulls be relied...
EURUSD is up slightly this week despite decelerating Eurozone inflation and expectations for another Fed rate hike later today....
Gold is up so far this week despite expectations for another 25 bps interest rate hike to be announced by the Fed later today....
Gold is up so far this week despite expectations for another 25 bps interest rate hike to be announced...
USDCAD surged to almost 1.3670 last week, but the bulls couldn't maintain momentum and eventually lost most of their gains by Friday. Can the...
USDCAD surged to almost 1.3670 last week, but the bulls couldn't maintain momentum and eventually lost most of their...
EURUSD almost made it to the 1.1100 mark last week, before closing below 1.1020 on Friday. Is this the right time to join the...
EURUSD almost made it to the 1.1100 mark last week, before closing below 1.1020 on Friday. Is this the...
WTI crude oil fell for the second week in a row despite the increasing amount of OPEC+ production cuts and the global economy's resiliency....
WTI crude oil fell for the second week in a row despite the increasing amount of OPEC+ production cuts...
Gold struggled for direction last week, but the bulls still managed to close in the greed on Friday and thus wrap up the entire...
Gold struggled for direction last week, but the bulls still managed to close in the greed on Friday and...
USDJPY surged again last week as the Bank of Japan kept its ultra-loose policy in place while US inflation decelerated further. How much further...
USDJPY surged again last week as the Bank of Japan kept its ultra-loose policy in place while US inflation...
Over three weeks ago, OPEC joined Russia’s 500,000 barrels per day decrease and announced significant oil production cuts of its own. The Organization of...
Over three weeks ago, OPEC joined Russia’s 500,000 barrels per day decrease and announced significant oil production cuts of...
USDCAD keeps climbing helped by the weakness in the price of crude oil and the anticipated 25 bps Fed rate hike next Wednesday, May...
USDCAD keeps climbing helped by the weakness in the price of crude oil and the anticipated 25 bps Fed...
WTI crude oil bears are trying to build on last week's weakness as recession worries outweigh China's recovery and the OPEC production cuts. Is...
WTI crude oil bears are trying to build on last week's weakness as recession worries outweigh China's recovery and...
EURUSD keeps its choppy and overlapping ascent going despite wide expectations for another 25 bps Fed rate hike on May 3rd. In today's Elliott...
EURUSD keeps its choppy and overlapping ascent going despite wide expectations for another 25 bps Fed rate hike on...
USDJPY is down so far this week despite expectations for another 25 bps rate hike to be announced by the Fed on May 3rd....
USDJPY is down so far this week despite expectations for another 25 bps rate hike to be announced by...
Gold is staging a recovery this week as investors look for a safe haven in anticipation of another 25 bps rate hike by the...
Gold is staging a recovery this week as investors look for a safe haven in anticipation of another 25...
USDJPY bulls gained some more ground last week as traders brace for another 25 bps to be added to the Fed funds rate in...
USDJPY bulls gained some more ground last week as traders brace for another 25 bps to be added to...
USDCAD surged sharply last week, helped by an equally steep drop in crude oil prices and expectations for another rate hike by the Fed....
USDCAD surged sharply last week, helped by an equally steep drop in crude oil prices and expectations for another...
Production cuts by OPEC and Russia, as well as China's economic revival still couldn't prevent WTI crude oil prices from falling last week. The...
Production cuts by OPEC and Russia, as well as China's economic revival still couldn't prevent WTI crude oil prices...
EURUSD was on track for a notable weekly drop, but the bulls managed to fight back and the pair closed just a few pips...
EURUSD was on track for a notable weekly drop, but the bulls managed to fight back and the pair...
The price of gold dipped last week as the market expects another 25 bps interest rate hike by the Federal Reserve in early-May. How...
The price of gold dipped last week as the market expects another 25 bps interest rate hike by the...
Elliott Wave analysis is different from other types of technical analysis, because it puts everything into context. No head & shoulders patterns just hanging...
Elliott Wave analysis is different from other types of technical analysis, because it puts everything into context. No head...
Despite the announced production cuts by OPEC and Russia, the price of crude oil is slowly losing ground and now on the verge of...
Despite the announced production cuts by OPEC and Russia, the price of crude oil is slowly losing ground and...
With the Fed expected to raise rates again in early-May, it is not hard to understand why EURUSD is trading down this week. How...
With the Fed expected to raise rates again in early-May, it is not hard to understand why EURUSD is...