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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.
EURUSD rose again last week despite rising inflationary pressures in the US as traders looked with hope towards Alaska. In today's Elliott Wave analysis we discuss how much further the pair can climb before bumping into resistance.
Things looked promising for USDJPY bulls last week until Jay Powell's Jackson Hole remarks opened the door for a September rate cut. In today's Elliott Wave analysis we discuss if traders should buy the dip or brace for more weakness.
USDJPY fell last week after data showed that Japan's economy is surprisingly resilient although the full impact of tariffs hasn't been felt yet. In today's Elliott Wave analysis we discuss how much further the pair can fall before finding support.
USDCAD recouped almost all of its initial losses last week, but remains locked in a tight range around 1.3650. Can the bulls escape its gravity or are the bears going to extend their 2025 lead? Read in our latest Elliott Wave analysis.