Elliott Wave Update of USDCAD – July 6th, 2022
The inverse relationship between USDCAD and crude oil is back in full force as the pair climbed sharply, while the commodity plunged yesterday. Should more upside in USDCAD be expected or is there a...
View ArticleElliott Wave Update of USDJPY – July 6th, 2022
USDJPY is up slightly so far this week, but pretty much unchanged from a trader's perspective. Is this a preparation for higher levels or the calm before the storm? Read in our latest Elliott Wave...
View ArticleElliott Wave Update of EURUSD – July 6th, 2022
EURUSD dropped to a 20-year low yesterday as rampant inflation clashes with the ECB's indecisiveness regarding raising interest rates. How far is the pair's downtrend going? Can we see a recovery soon,...
View ArticleElliott Wave Analysis of USDJPY – July 11th, 2022
In the week of the assassination of ex-primer minister of Japan Shinzo Abe, the yen again fell against the US dollar. Is USDJPY approaching the end of its uptrend or still far from it? Read in our...
View ArticleElliott Wave Analysis of USDCAD – July 11th, 2022
In yet another strong session for the US dollar, USDCAD rose to a new 2-year high of 1.3083 last week. Traders are now wondering if this is a real breakout or just a fake one. Read what the Elliott...
View ArticleElliott Wave Analysis of EURUSD – July 11th, 2022
EURUSD fell to less than a cent above parity last week as a looming global recession would only make things worse for the European economy. A drop below 1.000 seems a matter of time, but how far below...
View ArticleElliott Wave Update of EURUSD – July 13th, 2022
EURUSD slid to parity for the first time in twenty years as the ECB is still pondering how to respond to rising inflation, a likely recession and a war at Europe's eastern border. Where is the pair...
View ArticleElliott Wave Update of USDJPY – July 13th, 2022
Would there be an end to USDJPY 's relentless 2022 surge as the Bank of Japan sticks to its ultra loose monetary policy? Macroeconomic forecasts are nearly impossible to make, but there appears to be a...
View ArticleElliott Wave Update of USDCAD – July 13th, 2022
Crude oil crashed again yesterday, but USDCAD is hardly changed so far this week. What does this mean for the pair's next move? Can the bulls finally breach the resistance at 1.3100? Read in our latest...
View ArticleElliott Wave Analysis of EURUSD – July 18th, 2022
EURUSD fell below parity last week as the ECB struggles to navigate a path to calm inflation down amid supply chain chaos and an energy crunch. Is there a bottom in sight or should we expect even lower...
View ArticleElliott Wave Analysis of USDJPY – July 18th, 2022
USDJPY came close to the 140.00 mark last week as the divergence between the monetary policies of the Fed and the BOJ widens. Is the uptrend approaching its inevitable end or still far from it? Here is...
View ArticleElliott Wave Analysis of USDCAD – July 18th, 2022
USDCAD finally broke the resistance at 1.3100 last week, but unfortunately for the bulls, closed the session back below it. Is it time for a more decisive breakout this week or for yet another...
View ArticleElliott Wave Update of EURUSD – July 20th, 2022
EURUSD is up sharply this week on hopes that the ECB is going to pull the trigger on its first rate hike in more than a decade on Thursday. The only questions that remain are the size of the increase...
View ArticleElliott Wave Update of USDCAD – July 20th, 2022
USDCAD is down sharply so far this week as greenback bulls take a breather against most of their rival currencies. Is this just a corrective dip or the beginning of another big selloff? Read in our...
View ArticleElliott Wave Update of USDJPY – July 20th, 2022
USDJPY is down slightly this week, but still in the vicinity of 140.00. Can the bulls conquer this key level soon and how far above it can they climb? Read in our latest Elliott Wave update. To access...
View ArticleElliott Wave Analysis of USDJPY – July 25th, 2022
In a rare weak moment for USDJPY bulls, the pair dropped in the third week of July. Some see an opportunity to buy the dip, while others - the end of the dollar's uptrend. Which one is it? Read in our...
View ArticleElliott Wave Analysis of USDCAD – July 25th, 2022
USDCAD dropped in the third week of July, despite the Fed getting ready for a second 75bps rate hike in a row. Is the 1.2800 support area going to hold or give up? Read in our latest Elliott Wave...
View ArticleElliott Wave Analysis of EURUSD – July 25th, 2022
The ECB hiked interest rates for the first time in over a decade last week, lifting EURUSD above parity again. Compared to the Fed, though, the European Central Bank still has a lot of catching up to...
View ArticleElliott Wave Update of USDJPY – July 27th, 2022
Today's Fed rate hike decision and outlook are expected to affect the Forex market, as well, and USDJPY is part of that. The Elliott Wave charts suggest the stage is already set for a move in a certain...
View ArticleElliott Wave Update of EURUSD – July 27th, 2022
EURUSD is down so far this week as the Fed's second consecutive 75bps rate hike looms. Where is the pair headed to next? Elliott Wave analysis is giving us a hint already. To access this article you...
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