June 25, 2022

EURUSD Elliott Wave Analysis Is Germany’s Energy Shortage A Threat to Bulls? Last week, the EURUSD climbed by about 60 pips, showing some bullish momentum. However, with Germany facing the possibility of an energy shortage-induced recession, many are questioning whether the bulls stand a chance in the current market conditions. The Elliott Wave Principle’s Perspective…

USDJPY Elliott Wave Analysis – What’s Next? Bulls Losing Steam Last week, USDJPY surged past 136.70 before closing nearly 150 pips lower. This significant drop indicates that the bulls might be running out of steam. But does this mean a major bearish reversal is on the horizon? Let’s delve into the Elliott Wave analysis below…