Elliott Wave Update of USDJPY – April 27th, 2022
USDJPY is finally slowing down after its phenomenal surge that led it to its highest level in 20 years. Can the pair exceed 130.00 and how high above it can it go? Read in our latest Elliott Wave...
View ArticleElliott Wave Update of EURUSD – April 27th, 2022
Russia showed its willingness to weaponize energy by cutting gas supplies to Bulgaria as an apparent warning shot towards EU countries refusing to pay for gas in rubles. That drastic measure only puts...
View ArticleElliott Wave Analysis of USDCAD – May 2nd, 2022
Just as Elliott Wave analysis predicted, USDCAD bulls registered another good week as April drew to a close. Can they keep pushing the pair higher? Would the resistance near 1.2900 stop them in their...
View ArticleElliott Wave Analysis of EURUSD – May 2nd, 2022
As expected, EURUSD 's downtrend accelerated in the final week of April. The bearish target Elliott Wave analysis helped us identify weeks ago is still there for the taking, but what to expect...
View ArticleElliott Wave Analysis of USDJPY – May 2nd, 2022
USDJPY exceeded the 130.00 mark in the final week of April and with a likely half-point rate hike by the Fed it is all but guaranteed to keep rising. How high can the pair go before the bears return?...
View ArticleElliott Wave Update of USDCAD – May 4th, 2022
USDCAD appears on the verge of breaking out through a major resistance area between 1.2900 and 1.3000. Can the bulls pull that off or will the bears prevail once again? Here is what the Elliott Wave...
View ArticleElliott Wave Update of USDJPY – May 4th, 2022
USDJPY seems to be slowing down after the phenomenal surge we saw in recent weeks. The uptrend is unfolding in a familiar Elliott Wave manner, though. What is left of it? Read below. To access this...
View ArticleElliott Wave Update of EURUSD – May 4th, 2022
EURUSD is mostly unchanged so far this week as traders await the Fed's interest rate decision later today. There is a key level to pay attention to, though, as the recent downtrend is shaping up as a...
View ArticleAhead of the USDCAD Reversal and 500-Pip Rally
What will USDCAD bring next week? That is the subject of discussion in our next EW PRO analysis due out late Sunday! Despite the well-known inverse relationship between USDCAD and the price of oil,...
View ArticleElliott Wave Analysis of USDJPY – May 9th, 2022
USDJPY reclaimed the 130.00 level last week following the Fed's first half-point rate hike since 2000. Where is the pair headed to next? That the subject of discussion in our latest Elliott Wave...
View ArticleElliott Wave Analysis of EURUSD – May 9th, 2022
EURUSD ended last week almost unchanged even after the Fed raised interest rates by half a point and signaled more such hikes to come. Can the Euro keep resisting the pressure or is it just a matter of...
View ArticleElliott Wave Analysis of USDCAD – May 9th, 2022
USDCAD recovered from its post-Fed rate hike drop last week and finished above 1.2900 on Friday. Can the bulls finally breach that strong resistance area and proceed to the upside? Here is what the...
View ArticleElliott Wave Update of USDCAD – May 11th, 2022
USDCAD reached heights last seen in late-2020 on the back of a decline in WTI crude oil prices. How high is the pair likely to go from here or are the bears lurking around the corner? Find out in our...
View ArticleElliott Wave Update of USDJPY – May 11th, 2022
USDJPY made a new high earlier this week, but the bulls seem to be finding it harder and harder to maintain momentum. Is a bearish reversal likely to occur soon? Read in our latest Elliott Wave update....
View ArticleElliott Wave Update of EURUSD – May 11th, 2022
The support near 1.0500 has slowed the selloff in EURUSD, but how much longer can it prevent the pair from dropping further? What is the key price level to keep an eye on for trading purposes? This and...
View ArticleElliott Wave Analysis of EURUSD – May 16th, 2022
EURUSD came close to breaching the January, 2017, bottom as inflation and the war in Ukraine keep the pair under pressure. No trend lasts forever, though, and the market usually turns up long before...
View ArticleElliott Wave Analysis of USDJPY – May 16th, 2022
We finally saw a meaningful retracement in USDJPY last week, suggesting that the uptrend is maybe slowing down. Can we still expect a new high or is it all over for the bulls already? Here is the...
View ArticleElliott Wave Analysis of USDCAD – May 16th, 2022
USDCAD reached a new 2022 high, but eventually fell and closed the second week of May almost unchanged at 1.2911. Is this a major bearish reversal or is the uptrend still intact? Here is what the...
View ArticleElliott Wave Update of USDJPY – May 18th, 2022
USDJPY is little changed so far this week as traders wonder if the uptrend can still be relied on, following the recent dip to 127.52. If you're wondering about the same thing, our latest Elliott Wave...
View ArticleElliott Wave Update of USDCAD – May 18th, 2022
USDCAD fell below the 1.2800 mark this week, as the pair is still within the gravitational pull of the 1.2900 support-resistance area. Can the bulls eventually escape it? Here is what the Elliott Wave...
View Article