EURUSD is trading in the red after three consecutive weeks of gains. Is this a dip to buy or has the downtrend resumed? Read in our latest Elliott Wave update. To access this article you need to have an active subscription The post Elliott Wave Update of EURUSD – May 8th, 2024 appeared first on EWM Interactive ..read more

USDCAD is rising this week in a recovery, which Elliott Wave analysis helped us to predict over the weekend. Is it too late to join the bulls now? Read in our latest update. To access this article you need to have an active subscription The post Elliott Wave Update of USDCAD – May 8th, 2024 appeared first on EWM Interactive ..read more

Forex traders are once again daring the Bank of Japan to intervene as USDJPY is up by nearly 350 pips from last week's bottom. They might just get what they deserve? Read in our latest Elliott Wave update. To access this article you need to have an active subscription The post Elliott Wave Update of USDJPY – May 8th, 2024 appeared first on EWM Interactive ..read more

The Bank of Japan finally showed determination about stopping USDJPY from climbing further by intervening twice in the forex market last week. Can the bulls fight back or is the uptrend officially over now? Read in our latest Elliott Wave analysis. To access this article you need to have an active subscription The post Elliott Wave Analysis of USDJPY – May 6th, 2024 appeared first on EWM Interactive ..read more

USDCAD traded in a wide range of 175 pips last week, but neither the bulls nor the bears achieved much in the end as the pair closed just 15 pips up. Who's likely to prevail going forward? Read in our latest Elliott Wave analysis. To access this article you need to have an active subscription The post Elliott Wave Analysis of USDCAD – May 6th, 2024 appeared first on EWM Interactive ..read more

EURUSD rose last week after Fed rate cut expectations were pulled forward again following a dovish Jay Powell and a soft jobs report. In today's Elliott Wave analysis we identify the level the bulls must protect at all cost. To access this article you need to have an active subscription The post Elliott Wave Analysis of EURUSD – May 6th, 2024 appeared first on EWM Interactive ..read more

The suspected intervention by the BOJ hasn't achieved much so far as USDJPY is almost back at the level it was trading prior to it. Can Japan's central bank break the pair's uptrend? Read in our latest Elliott Wave update. To access this article you need to have an active subscription The post Elliott Wave Update of USDJPY – May 1st, 2024 appeared first on EWM Interactive ..read more

EURUSD has now erased almost all of last week's gains as traders brace for the FOMC decision on interest rates later today. In today's Elliott Wave update we highlight the key level to pay attention to. To access this article you need to have an active subscription The post Elliott Wave Update of EURUSD – May 1st, 2024 appeared first on EWM Interactive ..read more

USDCAD is up sharply this week as traders brace for a hawkish Fed later today amid sluggish GDP growth in Canada. In today's Elliott Wave update we identify the key level to watch for trading purposes. To access this article you need to have an active subscription The post Elliott Wave Update of USDCAD – May 1st, 2024 appeared first on EWM Interactive ..read more

USDCAD dipped last week even as stubbornly high inflation is expected to delay any rate cuts by the Fed at least to September. How much further can the pair fall before finding support? Read in our latest Elliott Wave analysis. To access this article you need to have an active subscription The post Elliott Wave Analysis of USDCAD – April 29th, 2024 appeared first on EWM Interactive ..read more