Elliott Wave Update of USDCAD – February 15th, 2023
Yesterday's CPI for the month of January came in hotter than expected, paving the way for more rate hikes by the Fed. How is that likely going to affect USDCAD? Read in our latest Elliott Wave update....
View ArticleElliott Wave Update of USDJPY – February 15th, 2023
USDJPY keeps rising and yesterday's CPI report strengthened the dollar's case even further. How high can the bulls lift the pair before bumping into a discouragingly strong resistance? Read in our...
View ArticleElliott Wave Update of EURUSD – February 15th, 2023
Contrary to common sense, a stronger-than-expected CPI for the month of January didn't lead to an immediate selloff in EURUSD. Can the bears still eventually prevail? Read in our latest Elliott Wave...
View ArticleElliott Wave Analysis of USDJPY – February 20th, 2023
USDJPY surged sharply last week after CPI data showed inflation was higher than expected in January, strengthening the case for more Fed hikes. How high can the pair go before the bears return? Read in...
View ArticleElliott Wave Analysis of USDCAD – February 20th, 2023
USDCAD staged a notable recovery last week helped by a sharp drop in WTI crude oil prices and higher than expected January inflation. Can the bulls keep pushing the pair higher? Read in our latest...
View ArticleElliott Wave Analysis of EURUSD – February 20th, 2023
EURUSD closed last week's trading session in positive territory despite higher-than-expected US inflation in the month of January. Can the recovery continue and how high can it go? Read in our latest...
View ArticleElliott Wave Update of USDCAD – February 22nd, 2023
USDCAD keeps gaining ground helped both by higher US interest rates expectations and a drop in the price of WTI crude oil. How high can the pair go before the bears return? Read in our latest Elliott...
View ArticleElliott Wave Update of USDJPY – February 22nd, 2023
USDJPY is up so far this week as traders brace for the core PCE price index, the Fed's preferred inflation measure, to be released Friday. How high can the bulls lift the pair before running out of...
View ArticleElliott Wave Update of EURUSD – February 22nd, 2023
EURUSD is down for the week as traders prepare for the release of the personal consumption expenditures price index on Friday. How low can the pair drop before finding support? Read in our latest...
View ArticleElliott Wave Analysis of USDCAD – February 27th, 2023
Higher January inflation raised the possibility that the Fed will keep interest rates higher for longer, sending the dollar up last week. Is the surge in USDCAD part of a long-term trend or just a...
View ArticleElliott Wave Analysis of USDJPY – February 27th, 2023
USDJPY surged sharply last week after data showed that US inflation reaccelerated in January, paving the way for more rate hikes. How high can the pair go before the bears return? Read in our latest...
View ArticleElliott Wave Analysis of EURUSD – February 27th, 2023
EURUSD slipped last week after high January inflation in the US raised the prospects for more rate hikes by the Federal Reserve. Can we see another plunge below parity soon? Read in our latest Elliott...
View ArticleElliott Wave Update of USDCAD – March 1st, 2023
USDCAD keeps hovering around the 1.3600 mark as forex traders await the February non-farm payrolls data due on Friday, March 10th. How is it likely going to affect the pair? Read in our latest Elliott...
View ArticleElliott Wave Update of USDJPY – March 1st, 2023
USDJPY is down so far this week despite expectations that the Fed will keep interest rates higher for longer in its fight to rein in inflation. Fortunately, the pair has been moving according to our...
View ArticleElliott Wave Update of EURUSD – March 1st, 2023
Expectations for a continually aggressive Fed didn't prevent EURUSD from bouncing up sharply in the last days of February. How does the pair's recent behavior fit into the Elliott Wave count? Read in...
View ArticleElliott Wave Analysis of USDJPY – March 6th, 2023
USDJPY fell slightly last week in a dip the Elliott Wave principle had prepared us for. Is this a chance to buy or the start of another big selloff? Read in our latest analysis. To access this article...
View ArticleElliott Wave Analysis of USDCAD – March 6th, 2023
USDCAD closed last week mostly unchanged as forex traders prepare for several pieces of February inflation data to come out in the coming days. How is the pair likely to react to them? Read in our...
View ArticleElliott Wave Analysis of EURUSD – March 6th, 2023
EURUSD rose last week as forex traders bet that the Fed would not go back to the jumbo rate hikes we saw in 2022. Can the recovery be relied on to continue? Read in our latest Elliott Wave analysis. To...
View ArticleElliott Wave Update of USDCAD – March 8th, 2023
USDCAD climbed sharply yesterday after Jerome Powell reconfirmed the Fed's willingness to fight inflation until it drops back to 2%. Does this mean that the bulls are now safe? Read in our latest...
View ArticleElliott Wave Update of USDJPY – March 8th, 2023
USDJPY rose sharply on Tuesday following hawkish comments from Fed Chair Jerome Powell. Was his testimony an "all clear" signal for dollar bulls, though? Read in our latest Elliott Wave update. To...
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