GBPJPY: What Is Next After The Target?
Two days ago, on December 7th, we published “GBPJPY: Two Counts, One Direction” to prepare you “for a 220+ pip slump in GBPJPY”. While the pair was trading near 186.10, the Elliott Wave Principle...
View ArticleEURJPY To Regain Positive Bias?
EURJPY rose heavily after the ECB ‘s policy statement on December 3rd. However, soon after that, the pair started declining again, reaching the lows near 131.02 today. Are we going to see all of the...
View ArticleTime for EURUSD Bulls to Shine Again?
EURUSD rose after the ECB policy announcement on December 3rd, then fell following the FED’s decision to raise the interest rates on December 16th. Should we wait for the next major statement from the...
View ArticleGBPJPY: How Confirmations Pay Off
On December 9th we published “GBPJPY: What Is Next After The Target?” to show you two equally probable scenarios, which contradict one another. In other words, we admitted we did not know what was...
View ArticleNZDUSD Getting Ready to Launch?
NZDUSD seems to be in a state of free fall, ever since it reached as high as 0.6882 in late December. Currently, the pair is trading near 0.6460, after it fell to 0.6380 last week. And while the...
View ArticleEURCAD: Is The End Nigh For The Bears?
Less than a month ago, on September 16th, we published “The EURCAD Saga Continues”, saying that “the exchange rate is likely to plunge below the 1.46 mark again.” We thought so, because of what we saw...
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GBPJPY Looks Filled With Doubts
Just as many other crosses, GBPJPY tends to make large movements in short periods of time. This week was no exception. The pair rose to 175.00 on Monday, but than fell to 170.02 so far. The real...
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EURUSD to the Target and Beyond
Back in 2015, on December 19th, the majority of market analysts expected EURUSD’s post-ECB gains to be completely erased very soon, especially with the FED having raised interest rates for for the...
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EURCAD at the Edge of the Abyss?
In our previous analysis of EURCAD, we suggested the pair has to complete a three-wave corrective recovery, before the time for another large leg to the south arrives. It took a while, but now we...
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EURUSD Might Recover, But How High?
On September 20th, we published “EURUSD Next Stop: Parity”, saying that “EURUSD might plunge to a new low, below 1.0460″. It has been more than a month, so let’s refresh your memory by taking a look...
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AUDJPY Preparing for the Next Sell-Off?
AUDJPY, currently trading around 81.25, has been rising since February 11th, when the pair touched 77.58. What should we be thinking about this recovery and how high could we expect it to travel? In...
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EURCAD and the Power of Elliott Wave
EURCAD was trading at 1.5785 on February 11th, when we published “EURCAD at the Edge of the Abyss?”. We were expecting a sell-off, which “should be powerful enough to take the exchange rate below...
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EURAUD Is Waiting for Confirmation
EURAUD has been steadily declining since February 11th, when the pair climbed as high as 1.6250, before eventually reversing to the south. Currently near 1.5250, there seems to be no shortage of signs...
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EURGBP Strength Could Be Deceptive
ECB’s policy decision produced fireworks in EURGBP on Thursday. The pair initially fell to 0.7651, but then rose sharply to 0.7848. Trouble is, this gives us no clue about what to expect from the pair...
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GBPUSD a Week Ahead of the News
It has been an interesting week in the FOREX market. The most violent price movements were in the Euro pairs, following ECB’s policy statement, but GBPUSD received its share of volatility as well. The...
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GBPJPY Is Sending a Bullish Message
GBPJPY bottomed at 154.70 on February 24th and managed to recover to 164.10, when the bears returned. The pair is currently trading slightly above 160.10, but what could we expect from now on? Is this...
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USDJPY Three Days Ahead of the FED
USDJPY just fell below the 111.00 mark. To be more precise, the pair slumped to 110.66. And while the majority would inevitably blame the Federal Reserve’s policy statement for the dollar’s weakness,...
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Did Brexit Fears Cause GBPUSD’s Plunge?
What a surprising week this is for GBPUSD. Less than five trading days ago, on March 18th, the pair was flying above 1.4510 and just look how fast things change – today it plunged to 1.4056 so far....
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NZDUSD Two and a Half Months Later
It has been nearly two and a half months since we published “NZDUSD Getting Ready to Launch?”. On January 18th, 2016, the New Zealand dollar was trading around 0.6460 against the U.S. dollar. The pair...
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USDJPY: One Pattern Is All It Takes
USDJPY is currently struggling to hold above 112.00, following a rally from 110.67 to 113.80. Last week’s recovery of more than 300 pips came out of the blue, just after the pair made a break below...
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