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Elliott Wave Analysis of USDCAD – December 26, 2023

Lower PCE inflation led traders to believe the Fed might lower rates by more than expected in 2024, which dragged USDCAD down last week. Is there a support in sight and can we expect a rebound soon?...

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Elliott Wave Update of USDCAD – December 27, 2023

USDCAD is down again this week as its inverse correlation with the price of crude oil seems to have finally returned. Is there a support in sight? Read in our latest Elliott Wave update. To access this...

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Elliott Wave Update of USDJPY – December 27, 2023

In today's Elliott Wave update of USDJPY we identify the key level both the bulls and the bears need to watch for trading purposes. To access this article you need to have an active subscription The...

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Elliott Wave Update of EURUSD – December 27, 2023

EURUSD has drawn a very clear Elliott Wave pattern on its 4h chart. Take a look at it and read about its implications in our latest update. To access this article you need to have an active...

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Elliott Wave Analysis of EURUSD – January 2nd, 2024

After two consecutive annual losses in 2021 and 2022, EURUSD managed to eke out a gain in 2023, closing above 1.1000 on the last trading day. Can the recovery continue in 2024? Read in our latest...

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Elliott Wave Analysis of USDCAD – January 2nd, 2024

USDCAD spent the entire 2023 in a range between 1.3900 and 1.3100, before closing at 1.3252 on the final trading day of the year. Can the bulls turn things around in 2024? Read in our latest Elliott...

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Elliott Wave Analysis of USDJPY – January 2nd, 2024

USDJPY fell last week after the BOJ signaled its readiness to finally put an end to its ultra-loose policy soon, maybe as early as January. If so, where is the pair likely headed next? Read in our...

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Elliott Wave Update of EURUSD – January 3rd, 2024

In a bearish reversal, which Elliott Wave analysis warned us about, EURUSD is down by 200 pips over the past three trading days. Should traders buy the dip or brace for a bigger selloff? Read in our...

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Elliott Wave Update of USDCAD – January 3rd, 2024

USDCAD is up in the first couple of days of 2024, but can the bulls really be relied on after a streak of three weekly losses? Read in our latest Elliott Wave update. To access this article you need to...

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Elliott Wave Update of USDJPY – January 3rd, 2024

In today's Elliott Wave update of USDJPY we examine what this week's recovery means and identify the two key levels to watch for trading purposes. To access this article you need to have an active...

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Elliott Wave Analysis of EURUSD – January 8th, 2024

In a bearish reversal Elliott Wave analysis helped us to predict, EURUSD closed nearly 100 pips lower last week. Can we expect a recovery soon? Read in our latest update. To access this article you...

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Elliott Wave Analysis of USDJPY – January 8th, 2024

USDJPY surged by over 350 pips last week after stronger-than-expected US labor market data led traders to pare rate cut bets. Can the pair keep surging or is this a rally to sell? Read in our latest...

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Elliott Wave Analysis of USDCAD – January 8th, 2024

USDCAD surged last week as stronger-than-expected US labor market data weakened the case for aggressive rate cuts in 2024. In today's Elliott Wave analysis we identify the key level to watch for...

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Elliott Wave Update of USDJPY – January 10th, 2024

USDJPY is up for the second week in a row ahead of tomorrow's important US inflation data. Can the rally continue and how high is it going? Read in our latest Elliott Wave update. To access this...

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Elliott Wave Update of EURUSD – January 10th, 2024

Following the pair's recent 690-pip recovery, few people are more worried about tomorrow's US CPI report than EURUSD traders. Are they right to be concerned? Read in our latest Elliott Wave update. To...

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Elliott Wave Update of USDCAD – January 10th, 2024

USDCAD is rising for the second week in a row as forex traders prepare for tomorrow's release of US inflation numbers for December. In the meantime, the pair is approaching an important Fibonacci...

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Elliott Wave Analysis of EURUSD – January 15th, 2024

EURUSD bulls prevented a second weekly loss, but only managed to eke out a 9-pip gain in the second week of January, 2024. Where is the pair headed next? Read in our latest Elliott Wave analysis. To...

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Elliott Wave Analysis of USDJPY – January 15th, 2024

USDJPY finished in the green for the second week in a row in a recovery which has now produced a very clear Elliott Wave pattern. Take a look at it and find out what it means in our latest analysis. To...

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Elliott Wave Analysis of USDCAD – January 15th, 2024

USDCAD gained for the second straight week despite improving chances that the Fed would cut interest rates as soon as March. The pair is now touching an important Fibonacci level. Read more about it in...

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Elliott Wave Update of EURUSD – January 17th, 2024

EURUSD is falling just as Elliott Wave analysis had predicted weeks ago. Is there a support in sight the bulls can look forward to? Read in our latest update. To access this article you need to have an...

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