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In a reversal Elliott Wave analysis had warned us about in advance, USDCAD reached its highest level since 2003, only to lose momentum and suffer its worst weekly selloff in nearly two years. Is this a dip to buy or should we expect more weakness? Read in our latest update.
USDCAD's first peek over the 1.4700 mark in more than two decades turned out to be a fake breakout as the pair sold off sharply soon after. Elliott Wave analysis put us ahead of this bearish reversal. Here is what it says is likely to come next.
With just a week left until Germany's all-important elections, we examine the weekly, daily and hourly charts of EURUSD through Elliott Wave lens in search for clues about the future and how to position for it in forex trading terms.
EURUSD has now completely recovered from Monday's big down gap caused by Trump's "atrocity" comments about the EU. Can we expect the rally to continue or are the bears merely taking their time to regroup? Read in our latest Elliott Wave update.
EURUSD finished the week in the red, but it could've been much worse given Monday's big gap to the downside following Trump's EU "atrocity" comments. Can the pair continue to recover or is another selloff on the cards? Read in our latest Elliott Wave analysis.
USDCAD surged to almost 1.4600 last week as the US is seen as the stronger one in Trump's newly-launched trade war against Canada. Can the pair reach 1.4700 for the first time in over 20 years? Read in our latest Elliott Wave analysis.
EURUSD fell last week after the Fed held steady, while the ECB lowered interest rates again and left the door open for more cuts going forward. Would this translate into more weakness for the pair? Read in our latest Elliott Wave analysis.
USDJPY fell for the third straight session last week after the BOJ raised rates, while the Fed held steady and remained in wait-and-see mode. Should we expect more weakness or is it time to buy the dip? Read in our latest Elliott Wave analysis.
Contrary to what most experts predicted, EURUSD is starting Trump's second term on a positive note. Elliott Wave analysis warned us about this bullish reversal in advance. Can the recovery continue for the rest of 2025? Read in our latest update.
After initially losing 170 pips following Justin Trudeau's resignation, USDCAD recovered in the second half of last week to close down by less than 30. Can the recovery continue and how high can it go? Read in our latest Elliott Wave analysis.