Elliott Wave Update of USDJPY – June 5th, 2024
USDJPY is down this week as soft US economic data strengthens the case for the Fed to start cutting interest rates in September. How much further can the bears drag the pair? Read in our latest Elliott...
View ArticleElliott Wave Update of EURUSD – June 5th, 2024
EURUSD is slightly up this week despite expectations that the ECB is going to start cutting interest rates as soon as Thursday. Contrary to common logic, can we expect even more upside? Read in our...
View ArticleElliott Wave Analysis of USDJPY – June 10th, 2024
USDJPY bulls managed to limit the damage, but still couldn't prevent the pair from closing the weekly session in the red on Friday. Can they recoup all the losses suffered during the two BOJ...
View ArticleElliott Wave Analysis of EURUSD – June 10th, 2024
EURUSD rose past 1.0900 last week, but couldn't maintain momentum after Friday's hot NFP report pushed any Fed cuts further forward. Are the bulls doomed after the ECB already began cutting rates? Read...
View ArticleElliott Wave Analysis of USDCAD – June 10th, 2024
Friday's strong NFP report strengthened the case for higher for longer US interest rates and helped USDCAD gain over 1% last week. Should forex traders expect more gains in the rest of June? Read in...
View ArticleElliott Wave Update of EURUSD – June 12th, 2024
The total mess resulting from the European elections led to more weakness in EURUSD as the far-right threatens stability. Is there still hope for the bulls? Read in our latest Elliott Wave update. To...
View ArticleElliott Wave Update of USDCAD – June 12th, 2024
USDCAD is down a bit this week as forex traders brace for a busy Wednesday to deliver both inflation data and a FOMC rate decision. In our latest update we make Elliott Wave sense of the pair's 2h...
View ArticleElliott Wave Update of USDJPY – June 12th, 2024
USDJPY has recouped almost all of last week's losses ahead of today's US inflation report and the FOMC interest rates decision. What are the bulls' chances of surviving the day, though? Read in our...
View ArticleElliott Wave Analysis of USDJPY – June 17th, 2024
USDJPY bulls added another weekly gain to their tally and are probably playing with fire again in intervention territory. In our latest analysis we examine if the Elliott Wave structure is working for...
View ArticleElliott Wave Analysis of EURUSD – June 17th, 2024
EURUSD lost 99 pips last week after the ECB already began lowering interest rates, while the Fed signaled just one cut in 2024. In today's Elliott Wave analysis we identify the two key levels to watch...
View ArticleElliott Wave Analysis of USDCAD – June 17th, 2024
USDCAD gave up some its recent gains last week, but still managed to close near the upper boundary of its trading range. Can the recovery resume or are we in for more weakness? Read in our latest...
View ArticleElliott Wave Update of USDCAD – June 19th, 2024
USDCAD is slowly sliding even after the Canadian central bank already started cutting rates, while the Fed remains rather hawkish. Can we expect more weakness or is this a dip to buy? Read in our...
View ArticleElliott Wave Update of USDJPY – June 19th, 2024
USDJPY is rising for the second week in a row as forex traders keep playing a game of chicken with the Bank of Japan. Are they going to regret it soon? Read in our latest Elliott Wave update. To access...
View ArticleElliott Wave Update of EURUSD – June 19th, 2024
EURUSD is rising this week even after the ECB already began cutting interest rates, while the Fed stayed put. Can the recovery continue or is it a selling opportunity? Read in our latest Elliott Wave...
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NZDUSD in Elliott Wave Correction Within Uptrend
There is something about the 0.6000 mark in NZDUSD. The pair has been gravitating around it for over two decades now, sometimes breaching it notably, but mostly using it as a support level. The pair...
View ArticleElliott Wave Analysis of USDCAD – June 24th, 2024
USDCAD fell for the second straight week as the resistance area near 1.3800 is once again proving to be a tough nut to crack. Is this a dip to buy or the beginning of a bigger selloff? Read in our...
View ArticleElliott Wave Analysis of EURUSD – June 24th, 2024
EURUSD fell for the third week in a row as the start of the Fed's cutting campaign is anyone's guess, while the ECB already began its own. Does this mean that the bulls are doomed in the short-to-mid...
View ArticleElliott Wave Analysis of USDJPY – June 24th, 2024
USDJPY surged to nearly 160.00 again last week as forex traders don't seem to be afraid of another intervention by the Bank of Japan. In our latest analysis we put that rally into Elliott Wave context....
View ArticleElliott Wave Update of USDJPY – June 26th, 2024
USDJPY is flirting with new multi-decade highs as the BOJ will have to do more than a couple of short-term interventions to support the yen. Is there a technical resistance in sight? Read in our latest...
View ArticleElliott Wave Update of EURUSD – June 26th, 2024
EURUSD looks weak for the fourth straight week. In our latest Elliott Wave update we examine the meaning of the recent slump and identify the key level to watch for trading purposes. To access this...
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