EURGBP Pattern Signals Bullish Reversal Ahead
EURGBP has been in free fall since March 19th, when it rose to 0.9500. A month and a half later now, the pair is hovering below 0.8730, down 8% from the peak. Is the downtrend going to continue or...
View ArticleElliott Wave Setup Helps EURUSD Add 325 Pips
EURUSD has been under pressure for over two years now. The pair reached 1.2556 in February 2018, but has been making lower lows and lower highs ever since. Yet, the past couple of weeks painted a...
View ArticleGBPJPY Bears Aiming at 120, Before Giving Up
Whether it is because of Brexit or not, GBPJPY has been trading below 160.00 ever since the referendum in June 2016. The pair has been locked in a wide range between 156 and 124 for four years now....
View ArticleEURUSD Up 420 Pips in a Month as Uptrend Resumes
The inevitable seems to be happening to the U.S. dollar. After record-breaking liquidity injections by the Fed in response to the COVID-19 crisis, the greenback is weakening across the board. The U.S....
View ArticleUSDTRY Set to Complete 12-Year Impulse Pattern
The U.S. dollar has been steadily climbing against the Turkish lira since 2008. Ten years later, in 2018, USDTRY reached 7.1500 on the back of geopolitical tensions and President Erdogan‘s reckless...
View ArticleAhead of GBPUSD in Both Directions. Now What?
GBPUSD had a good run over the past six months, climbing from its 1.1412 March low to as high as 1.3483 last week. The pair is now back below 1.3000 after the latest portion of Brexit-related mess....
View ArticleAhead of EURUSD ‘s 280-pip Drop in September
EURUSD had been on a tear since mid-March when it bottomed out at 1.0636. Nearly six months later, on the first day of September, the pair exceeded the 1.2000 mark. The bulls seemed firmly in control...
View ArticleGBPNZD Can Slide to Sub-1.9000 In Coming Weeks
What will EURUSD, USDJPY and USDCAD bring next week? That is the subject of discussion in our next premium analyses due out on Sunday! GBPNZD exceeded 2.0270 in mid-August, but the bulls could not keep...
View ArticleUSDTRY Heads South After Central Bank Decision
Turkey finally took a decisive step towards taming the double-digit inflation, which has been destroying the Lira’s value for years. The country’s central bank lifted the benchmark interest rate to...
View ArticleEURUSD Surges 570 Pips After Fibonacci Encounter
EURUSD is trading at levels last seen in April 2018, when it was on its way down to 1.0636 by March 2020. The pair is now approaching 1.2200, up 14.5% since the COVID-19 selloff nine months ago. But...
View ArticleUSDTRY Drop Accelerates as Elliott Wave Predicted
The Turkish Lira hit its highest level against the U.S. dollar in six months. The country economic and legal reforms announced last year coupled with tighter monetary policy appear to be giving the...
View ArticleUSDJPY Gains 450 Pips and Counting in Two Months
2020 wasn’t a good year for USDJPY bulls. Starting from 108.63 in January, the pair closed at 103.32 on December 31st, down 4.9% in twelve months. But what the dollar lost against the yen in the entire...
View ArticleAhead of EURUSD ‘s Disappointing Start to 2021
Overall, 2020 was a good year for EURUSD bulls. Despite the March crash during the coronavirus-related volatility, the pair ended the year up almost 9%. With more stimulus already in the pipeline at...
View ArticleElliott Wave Support Can Send USDZAR 15% Higher
It’s been a bad year for USDZAR bulls. The pair has been declining ever since it reached a high of 19.34 in early-April 2020. As of this writing, it is barely holding above 14.30, down 26% in a little...
View ArticleTwo Months Ahead of the 400-Pip Slide in EURUSD
Economic and fiscal steps taken to help the global economy rebound from the COVID-19 crisis are still in effect in both U.S. and EU. The amount of stimulus by the Fed far eclipsed the measures taken by...
View ArticleUSDCAD Rises in Predictable Elliott Wave Manner
USDCAD rose significantly this past week, climbing from 1.2512 at the open to as high as 1.2949 Friday. The surge can be attributed to the slide in crude oil prices. Oil and USDCAD are known to have an...
View ArticleGBPJPY Recovery Takes Shape of an Impulse Pattern
Less than two years ago, during the coronavirus market panic, GBPJPY fell to a multi-year low of 124.04. The last time the pair traded at such levels was in August, 2012, when the world was still...
View ArticleUSDCAD and the Anatomy of a Deceiving Correction
In late-September, 2021, USDCAD had already spent over two months in a narrowing sideways range. Despite occasionally breaching the 1.2900 mark during that time, the pair was unable to close a daily...
View ArticleElliott Wave Analysis of USDCAD – December 6th, 2021
Despite the mid-year lows, USDCAD looks poised to end 2021 on a high note. Is its second half outperformance going to continue in 2022? We evaluate the pair's Elliott Wave prospects. To access this...
View ArticleElliott Wave Analysis of USDJPY – December 6th, 2021
USDJPY rose notably in 2021, but remains locked between a strong resistance to the north and several strong support levels to the south. Which is more likely to give up first? Here is what Elliott Wave...
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