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Elliott Wave Update of EURUSD – November 8th, 2023

While EURUSD is trading in the red this week, forex traders are wondering if this is a dip to buy or the resumption of the prior big downtrend. Read the Elliott Wave principle's stance on the subject...

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Elliott Wave Analysis of USDJPY – November 13, 2023

USDJPY registered a weekly close above the 151.00 mark for the first time since July, 1990, as high US interest rates strengthen the dollar. Should the bulls expect any unpleasant surprises soon? Read...

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Elliott Wave Analysis of USDCAD – November 13, 2023

The second week of November was nothing like the first for USDCAD as the forex pair surged by over 140 pips. Can the bulls feel safe now? Read in our latest Elliott Wave analysis. To access this...

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Elliott Wave Analysis of EURUSD – November 13, 2023

The start of November looked promising for EURUSD bulls, but they failed to build on that momentum and suffered a loss last week. Does it make sense to join them anyway now? Read in our latest Elliott...

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Elliott Wave Update of USDCAD – November 15, 2023

Lower-than-expected October inflation put rate cuts on the horizon for 2024 and dragged USDCAD sharply down yesterday. Is there a support in sight for the bull to bounce up from? Read in our latest...

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Elliott Wave Update of EURUSD – November 15, 2023

EURUSD surged sharply yesterday on bets that US interest rates might be coming down sooner than previously expected. Elliott Wave analysis had prepared us for this rally. What does it have in store...

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Elliott Wave Update of USDJPY – November 15, 2023

USDJPY was on the verge of a new multi-decade high earlier this week, before October's inflation numbers dragged it down. Can the bulls finally break the resistance of 152.00 soon? Read in our latest...

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Elliott Wave Analysis of USDCAD – November 20, 2023

USDCAD closed in negative territory last week after inflation data for October made it even less likely for the Fed to raise rates again. Can the pair find support soon? Read in our latest Elliott Wave...

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Elliott Wave Analysis of EURUSD – November 20, 2023

In a move, which Elliott Wave analysis helped us to predict, EURUSD surged sharply to over 1.0900 last week on weaker October inflation. Is the rally poised to continue? Read in our latest update. To...

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Elliott Wave Analysis of USDJPY – November 20, 2023

USDJPY tried and failed to exceed 152.00 again last week after weak labor data and lower inflation made another rate hike even less likely. What's likely left of this dip then? Read in our latest...

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Elliott Wave Update of USDJPY – November 22, 2023

USDJPY is trading in negative territory for the second straight week after the bulls got discouraged by the resistance near 152.00. Can they regroup and finally conquer this key level? Read in our...

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Elliott Wave Update of EURUSD – November 22, 2023

EURUSD bulls are taking a break following the impressive run they had last week. In today's Elliott Wave update we identify the key level to keep an eye on for trading purposes. To access this article...

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Elliott Wave Update of USDCAD – November 22, 2023

Despite the numerous ups and downs, USDCAD is practically unchanged since the beginning of the week, hovering around 1.3720. In today's Elliott Wave update we identify a key level both bulls and bears...

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Elliott Wave Analysis of USDCAD – November 27, 2023

November is shaping up as a bad month for USDCAD bulls, who suffered losses in three of the last four weeks. Can they turn things around in December? Read in our latest Elliott Wave analysis. To access...

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Elliott Wave Analysis of USDJPY – November 27, 2023

Things looked really bad for USDJPY bulls at one point last week when the pair was down by 250 pips. They managed to regroup, however, and reduce their losses to just 20. Can the recovery continue into...

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Elliott Wave Analysis of EURUSD – November 27, 2023

EURUSD added more gains to its already impressive November tally last week. Can we expect more of the same in December? Read in our latest Elliott Wave analysis. To access this article you need to have...

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Elliott Wave Update of USDJPY – November 29th, 2023

Long-term treasury yields are dropping and taking the dollar down with them with USDJPY being one of the casualties. Can the pair rebound soon? Read in our latest Elliott Wave update. To access this...

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Elliott Wave Update of EURUSD – November 29, 2023

EURUSD briefly peeked above the 1.1000 mark, but a decisive breakout is a far from certain, despite falling US treasury yields. Is the bulls' march going to continue into December? Read in our latest...

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Elliott Wave Update of USDCAD – November 29, 2023

Falling treasury yields are dragging USDCAD down with them as forex traders no longer expect the Fed to keep raising interest rates. Is there a support in sight? Read in our latest Elliott Wave update....

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Elliott Wave Analysis of USDCAD – December 4th, 2023

The well-known inverse correlation between USDCAD and crude oil seems to be no longer at work as the two have been falling in tandem recently. Is this a new normal or just a temporary aberration? Read...

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