GBPUSD Uptrend Moving As Planned Six Months Later
It’s been over six months since we last wrote about GBPUSD. At the start of 2023, the Pound was hovering around 1.2100, up nearly 17% from the all-time low it had fallen to in September, 2022....
View ArticleElliott Wave Update of USDJPY – July 19th, 2023
USDJPY is up this week as the Federal Reserve is widely expected to add another 25 basis points to US interest rates on July 26th. Does this mean we should join the bulls now, though? Read in our...
View ArticleElliott Wave Update of USDCAD – July 19th, 2023
USDCAD is down a bit this week, pressured by rising oil prices, even as the Fed is expected to raise interest rates again next week. Is it wise to join the bears now, though? Read in our latest Elliott...
View ArticleElliott Wave Update of EURUSD – July 19th, 2023
EURUSD's hardly changed since the beginning of the week as traders brace for another Fed rate hike and the PCE index release next week. Can the pair keep its 2023 bull run intact? Read in our latest...
View ArticleElliott Wave Analysis of USDCAD – July 24th, 2023
USDCAD notched up a gain last week ahead of the Fed's interest rate decision on July 26th and the PCE index release two days later. Can the recovery continue? Read in our latest Elliott Wave analysis....
View ArticleElliott Wave Analysis of EURUSD – July 24th, 2023
The bulls' winning streak came to an abrupt end last week after EURUSD closed 150 pips below Tuesday's intraday high. Is there a support in sight, or are the bears just getting started? Read in our...
View ArticleElliott Wave Analysis of USDJPY – July 24th, 2023
USDJPY surged sharply last week on expectations that the Bank of Japan will abstain from any changes to its ultra-loose policy next week. In our latest Elliott Wave analysis we identify the key level...
View ArticleElliott Wave Update of USDCAD – July 26th, 2023
USDCAD is down by about 50 pips this week as traders brace for the Fed's interest rate decision and Jay Powell's comments later today. Can the bears keep dragging the pair lower? Read in our latest...
View ArticleElliott Wave Update of USDJPY – July 26th, 2023
USDJPY is down this week as traders look forward to today's interest rate decision. Is the pair going to keep sliding post-Fed? Read in our latest Elliott Wave update. To access this article you need...
View ArticleElliott Wave Update of EURUSD – July 26th, 2023
EURUSD, the most traded forex pair, will certainly be an important battlefield between bulls and bears after today's Fed rate decision. Who's more likely to prevail? Read in our latest Elliott Wave...
View ArticleElliott Wave Analysis of EURUSD – July 31st, 2023
Last week, EURUSD dipped to the support area, which Elliott Wave analysis had helped us identify the week before. Where is the pair likely headed from here? Read in our latest update. To access this...
View ArticleElliott Wave Analysis of USDJPY – July 31st, 2023
It was a volatile week for USDJPY after the BOJ tweaked its policy to allow 10-year yields to rise up to 1%. How does this change the pair's prospects, if at all? Read in our latest Elliott Wave...
View ArticleElliott Wave Analysis of USDCAD – July 31st, 2023
USDCAD closed marginally higher for the second week in a row despite the accompanying rise in crude oil prices and less hawkish Fed. Can this be the beginning of a major recovery? Read in our latest...
View ArticleElliott Wave Update of USDJPY – August 2nd, 2023
Fitch surprisingly downgraded the credit rating of the United States, dragging the US dollar down against its rivals. Can the plunge continue in USDJPY? Read in our latest Elliott Wave update. To...
View ArticleElliott Wave Update of USDCAD – August 2nd, 2023
USDCAD seems to defy logic, climbing alongside crude oil even as Fitch just downgraded the credit rating of the United States. Can the rally continue and how far is it going? Read in our latest Elliott...
View ArticleElliott Wave Update of EURUSD – August 2nd, 2023
EURUSD is down for the week despite Fitch's downgrade of the US credit rating. In today's Elliott Wave update we examine two possible alternatives and what separates them. To access this article you...
View ArticleElliott Wave Analysis of USDJPY – August 7th, 2023
USDJPY tried but failed to climb above 144.00 last week after the Bank of Japan showed that it was capable of change after all. Can the dollar keep falling and how low can it drop? Read in our latest...
View ArticleElliott Wave Analysis of USDCAD – August 7th, 2023
The inverse correlation between USDCAD and the price of crude oil seems broken as the two have been rising in tandem for weeks now. Is this market dislocation going to persist? Read in our latest...
View ArticleElliott Wave Analysis of EURUSD – August 7th, 2023
EURUSD fell close to 1.0900 last week but the bulls managed to fight back and close the session above 1.1000 on Friday. Is the pair poised to keep losing ground, or this a chance to buy the dip? Read...
View ArticleElliott Wave Update of EURUSD – August 9th, 2023
EURUSD is down a bit this week, but still trading above both a key support line and the invalidation level Elliott Wave analysis helped us identify. Take a look at them in our latest update. To access...
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