Elliott Wave Analysis of USDCAD – April 22nd, 2024
Despite postponed Fed rate cuts, USDCAD closed in negative territory last week after the pair bumped into the mighty resistance level near 1.3850. Should we expect more weakness or a decisive bullish...
View ArticleElliott Wave Analysis of USDJPY – April 22nd, 2024
USDJPY came close to the 155.00 mark last week as the Fed's long-awaited rate cuts have been pushed further into the future once again. Can the bears turn things around soon? Read in our latest Elliott...
View ArticleElliott Wave Analysis of EURUSD – April 22nd, 2024
EURUSD is about to get volatile again as traders brace for US GDP data on Thursday and the all-important core PCE index on Friday. In today's Elliott Wave analysis we examine the pair's likely path...
View ArticleElliott Wave Update of USDCAD – April 24th, 2024
The 1.3850 resistance proved to be too strong for USDCAD bulls to breach again as the pair is down for the second week in a row. Can we expect a breakout soon, if ever? Read in our latest Elliott Wave...
View ArticleElliott Wave Update of USDJPY – April 24th, 2024
USDJPY is on the verge of reaching another major milestone in the face of the 155.00 mark, as the bulls dare the BOJ to intervene. Could they be playing with fire without knowing it? Read in our latest...
View ArticleElliott Wave Update of EURUSD – April 24th, 2024
EURUSD is up for the second straight week, but Friday's PCE index could easily throw it into chaos once again. Not to mention the clear Elliott Wave setup on the pair's 30-minute chart. To access this...
View ArticleElliott Wave Analysis of USDCAD – April 29th, 2024
USDCAD dipped last week even as stubbornly high inflation is expected to delay any rate cuts by the Fed at least to September. How much further can the pair fall before finding support? Read in our...
View ArticleElliott Wave Analysis of EURUSD – April 29th, 2024
EURUSD closed higher for the second week in a row ahead of FOMC's May 1st interest decision. In today's Elliott Wave analysis we identify the key level forex traders need to keep an eye on. To access...
View ArticleElliott Wave Analysis of USDJPY – April 29th, 2024
The BOJ's indecisiveness pushed USDJPY to a new 34-year high last week as the bulls no longer seem to fear the central bank. In today's Elliott Wave analysis we examine a pattern, which has been in...
View ArticleElliott Wave Update of USDJPY – May 1st, 2024
The suspected intervention by the BOJ hasn't achieved much so far as USDJPY is almost back at the level it was trading prior to it. Can Japan's central bank break the pair's uptrend? Read in our latest...
View ArticleElliott Wave Update of USDCAD – May 1st, 2024
USDCAD is up sharply this week as traders brace for a hawkish Fed later today amid sluggish GDP growth in Canada. In today's Elliott Wave update we identify the key level to watch for trading purposes....
View ArticleElliott Wave Update of EURUSD – May 1st, 2024
EURUSD has now erased almost all of last week's gains as traders brace for the FOMC decision on interest rates later today. In today's Elliott Wave update we highlight the key level to pay attention...
View ArticleElliott Wave Analysis of EURUSD – May 6th, 2024
EURUSD rose last week after Fed rate cut expectations were pulled forward again following a dovish Jay Powell and a soft jobs report. In today's Elliott Wave analysis we identify the level the bulls...
View ArticleElliott Wave Analysis of USDCAD – May 6th, 2024
USDCAD traded in a wide range of 175 pips last week, but neither the bulls nor the bears achieved much in the end as the pair closed just 15 pips up. Who's likely to prevail going forward? Read in our...
View ArticleElliott Wave Analysis of USDJPY – May 6th, 2024
The Bank of Japan finally showed determination about stopping USDJPY from climbing further by intervening twice in the forex market last week. Can the bulls fight back or is the uptrend officially over...
View ArticleElliott Wave Update of USDJPY – May 8th, 2024
Forex traders are once again daring the Bank of Japan to intervene as USDJPY is up by nearly 350 pips from last week's bottom. They might just get what they deserve? Read in our latest Elliott Wave...
View ArticleElliott Wave Update of USDCAD – May 8th, 2024
USDCAD is rising this week in a recovery, which Elliott Wave analysis helped us to predict over the weekend. Is it too late to join the bulls now? Read in our latest update. To access this article you...
View ArticleElliott Wave Update of EURUSD – May 8th, 2024
EURUSD is trading in the red after three consecutive weeks of gains. Is this a dip to buy or has the downtrend resumed? Read in our latest Elliott Wave update. To access this article you need to have...
View ArticleElliott Wave Analysis of USDCAD – May 13th, 2024
USDCAD initially rose last week, but the bulls lost the initiative and the pair closed the session 12 pips in the red on Friday. It produced a clear Elliott Wave pattern in the process. Take a look at...
View ArticleElliott Wave Analysis of EURUSD – May 13th, 2024
EURUSD eked out a fourth straight weekly gain as forex traders brace for the latest batch of crucial inflation numbers. Can the pair's recent gains hold? Read in our Elliott Wave analysis. To access...
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