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EURUSD bulls failed to make the most of the Fed's first cut in 2025 to close the week roughly back where it had started it. Can they regain their footing or should we brace for more weakness? Read in our latest Elliott Wave analysis.
USDJPY rose last week despite a rate cut by the Fed and a "hawkish hold" by the Bank of Japan. In today's Elliott Wave analysis we discuss if further gain can be expected and identify the two key levels to watch for trading purposes.
USDJPY is down this week as traders expect FOMC to cut and the BOJ to raise their respective interest rates. How much further can the pair fall under this scenario before finding reliable support? Read in our latest Elliott Wave update.
USDCAD is down sharply this week as forex traders expect FOMC to cut rates in response to the weakening labor market. How much further can the pair fall or should we brace for a recovery instead? Read in our latest Elliott Wave update.
The first week of September was also USDCAD's fifth one in a row in the green even after weak August jobs data all but guaranteed a Fed rate cut later this month. Can the bulls make it six? Read in our latest Elliott Wave analysis.
The resistance near 149.00 stopped USDJPY bulls in their tracks once again after August's weak jobs data cemented the way to a Fed rate cut later this month. In today's Elliott Wave analysis we discuss if this is a dip to buy or the start of a bigger selloff.
USDJPY eked out a small gain last week, but the resistance near 148.50 continues to discourage the bulls. Can they finally break it in September, or should forex traders brace for more weakness? Read in our latest Elliott Wave analysis.