Elliott Wave Analysis of EURUSD – January 23rd, 2023
EURUSD kept rising last week and reached the vicinity of the 1.0900 mark. There is a very strong resistance in that area, though. Can the bulls breach it from the first try? Read in our latest Elliott...
View ArticleElliott Wave Analysis of USDCAD – January 23rd, 2023
Despite the initial recovery to 1.3521, USDCAD failed to maintain the positive momentum and closed in negative territory last week. In today's Elliott Wave analysis, we identify the key price level...
View ArticleElliott Wave Update of USDCAD – January 25th, 2023
USDCAD is down slightly so far this week, apparently ignoring its well-known inverse correlation with crude oil prices, which also fell. In today's Elliott Wave update we identify the key price level...
View ArticleElliott Wave Update of USDJPY – January 25th, 2023
USDJPY is up for the second straight week as the market is trying to decipher mixed messages from both the Fed and the Bank of Japan. In today's Elliott Wave update we identify the key price level to...
View ArticleElliott Wave Update of EURUSD – January 25th, 2023
Eurozone inflation finally dipped back to single digits in December 2022 and it looks like the economy might avoid a recession after all. Meanwhile, a decisive moment has arrived for EURUSD. Take a...
View ArticleElliott Wave Analysis of EURUSD – January 30th, 2023
Last week, EURUSD touched the 1.0900 mark for the first time in nine months as it seems even Europe might just avoid a recession after all. Can the rally continue or is it going to be interrupted by a...
View ArticleElliott Wave Analysis of USDCAD – January 30th, 2023
USDCAD fell again to touch the 1.3300 mark last week, before closing a little higher on Friday. How much lower are the bears willing to drag the pair? Read in our latest Elliott Wave analysis. To...
View ArticleElliott Wave Analysis of USDJPY – January 30th, 2023
The Bank of Japan's indecisiveness helped USDJPY notch up a second straight weekly gain, despite expectations for a less aggressive Fed going forward. In today's Elliott Wave analysis we identify the...
View ArticleElliott Wave Update of USDJPY – February 1st, 2023
USDJPY remains range-bound ahead of today's key interest rate decision by the Federal Reserve. Where is the pair headed to afterwards? In today's Elliott Wave update we highlight the key price level...
View ArticleElliott Wave Update of USDCAD – February 1st, 2023
USDCAD spiked sharply yesterday, but the bulls couldn't kickstart a meaningful uptrend and eventually gave all their gains away in short order. Can the plunge continue after today's key Fed rate...
View ArticleElliott Wave Update of EURUSD – February 1st, 2023
EURUSD is practically unchanged since the start of the week as forex traders await today's key Fed interest rate decision. In today's Elliott Wave update we've identified the price level that could...
View ArticleElliott Wave Analysis of EURUSD – February 6th, 2023
EURUSD exceeded the psychological mark of 1.1000 last week, but the strong US jobs data quickly cooled the bulls' enthusiasm. How far can the pair drop from here? Read in our latest Elliott Wave...
View ArticleElliott Wave Analysis of USDJPY – February 6th, 2023
USDJPY bulls found their mojo again last week after stronger-than-expected jobs market data made the case for additional Fed rate hikes. Is this just a corrective rally or is it game over for the...
View ArticleElliott Wave Analysis of USDCAD – February 6th, 2023
USDCAD found support and bounced up last week following stronger-than-expected jobs and wage growth data from the US. Can the recovery continue and how high can it go before the bears return? Read in...
View ArticleElliott Wave Update of EURUSD – February 8th, 2023
EURUSD is down so far this week and our invalidation level remains intact. This means pair keeps going according to the Elliott Wave plan. Take a look at it in our latest update. To access this article...
View ArticleElliott Wave Update of USDCAD – February 8th, 2023
USDCAD is down so far this week as higher crude oil prices and a less hawkish Jerome Powell put pressure on the US dollar. In today's Elliott Wave update we identify both an invalidation level and a...
View ArticleElliott Wave Update of USDJPY – February 8th, 2023
After the bulls' failure to breach 133.00, in today's USDJPY Elliott Wave update we identify the two key levels traders must keep an eye on. To access this article you need to have an active...
View ArticleElliott Wave Analysis of USDJPY – February 13th, 2023
Albeit timidly, USDJPY managed to gain ground for a fourth consecutive weekly session ahead of next week's inflation report. Can the rally continue and how high is it going? Read in our latest Elliott...
View ArticleElliott Wave Analysis of USDCAD – February 13th, 2023
Russia said it would cut oil production by 500k barrels a day, sending WTI surging, which in turn, dragged USDCAD down. In today's Elliott Wave analysis we identify the level that needs to give up for...
View ArticleElliott Wave Analysis of EURUSD – February 13th, 2023
EURUSD lost another 120 pips last week as forex traders brace for Tuesday's US inflation report. In today's Elliott Wave analysis we identify a specific invalidation level as well as a target area for...
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