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Elliott Wave Update of EURUSD - December 18th, 2024 - EWM Interactive
EURUSD has been struggling for direction so far this week as traders await today's FOMC decision and Jay Powell press conference. The Elliott Wave structure allows us to identify the key level to pay attention to for trading purposes.
Staying Ahead of EURUSD by Changing Wave Counts - EWM Interactive
EURUSD sold off to 1.0332 earlier today after weak Eurozone economic data led traders to raise their bets on a big rate cut by the ECB. This drop comes on the back of a bigger selloff from 1.1214, which has been accelerated by Donald Trump’s election victory earlier this month. Needless to say, we had […]
USD to Revisit 2009 Highs Versus Singapore Dollar - EWM Interactive
The Singapore Dollar has been one of the few currencies, especially among the Asian ones, which managed to hold their ground against the US dollar in the years after the 2008 Financial Crisis. USDSGD rose to nearly 1.5600 in 2009, before briefly tumbling below 1.2000 in 2011. The pair has been locked between 1.3000 and […]