Elliott Wave View Supporting Further Strength in USDCAD

USDCAD has broken above 11/29/2018 high (1.336) as well as above 6/27/2018 high (1.3386) creating incomplete bullish sequence

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EURUSD Bulls Could Extend Up to 1.3900 – Elliott Wave Analysis

EURUSD is bullish for the last few weeks with accelerating price action from 1.3470 so we suspect it represents a black wave 3 in progress that may extend

EURUSD Elliott Wave Analysis: Completed Five Wave Rally Puts Prices Into A Corrective Retracement

EURUSD 4h Elliott Wave Analysis EURUSD was trading higher for almost whole last week but then found resistance on Thursday and Friday when pair declined for almost 100 pips.

Elliott Wave Forecast For EURUSD and USDCHF

The market has been very slow for the last few sessions, so we suspect that pairs are trapped in corrective price action that will send USD lower in

AUD/JPY: Italian Uncertainty, Debelle’s Comments Weigh on the Aussie

A combination of factors is presumed to weigh on the Australian dollar opposite the Japanese yen today. At the forefront are renewed concerns over the Euro Zone as

USD/CAD: Loonie Falters on Grim Signs for the Canadian Economy

The Canadian dollar is presumed to succumb further to the US dollar today on views that the Canadian economy stalled at the end of 2012, putting pressure on

AUD/JPY: Fed Minutes Weigh on the Aussie

The Australian dollar is foreseen to give up further ground alongside the Japanese yen today as the minutes of the Federal Reserve’s latest meeting suggested that policymakers are

USD/JPY: Yen Under Pressure as BOJ Minutes Discuss Further Easing Options

The Japanese yen is deemed to maintain its decline opposite the Australian dollar today after minutes of the Bank of Japan’s rate review revealed additional options for expanding

USD/CAD: Disappointing Factory Sales Report Continuing to Weigh on the Loonie

The Canadian dollar is deemed to maintain its weakness opposite the US dollar today as Canadian manufacturing sales registered the largest decline since the Great Recession due mainly

EUR/GBP: Pound to Gain on Expected Rebound in Retail Sales

The Euro is believed to sustain yesterday’s losses alongside the British pound as the Euro area recession deepened more than forecast in its worst performance in almost four