Elliott wave analysis of EUR/NZD for November 9 – 2015

Wave summary: Important resistance at 1.6545 is still protecting the upside and time is running out. If a break higher is not seen on the next attempt, then we shall expect one more decline closer to 1.5882 before a low finally is in place here. Short-term support is seen at 1.6337 and again at 1.6179 […]

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Elliott wave analysis of EUR/JPY for November 9 – 2015

Wave summary: The correction we are looking for towards 133.55 continues to unfold as expected. Once the 133.55 target is reached a turn lower should be expected for a decline and a break below support at 131.46 for a continuation lower to 129.21 and most likely even lower to 124.43. In the short term, we […]

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A Closer Look at All Those New U.S. Jobs

http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/free_newsletters/free_newsletters-ind.aspx Many pundits are celebrating the 271,000 jobs that were added in the U.S. (October). New research reveals the caliber of many of the new jobs created during the economic “recovery.” See the five-wave form of the rise in mean U.S. income. Learn How the Wave Principle Can Improve Your Trading Related Posts:Technical Analysis – […]

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Elliott wave analysis of EUR/NZD for November 6 – 2015

Wave summary: The base-building below important resistance at 1.6515 is going on. This resistance still needs to give away to confirm that a firm bottom is in place for a strong rally higher towards 1.8020. The risk is of course a break below support at 1.6124 that is calling for one more decline closer to […]

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Elliott wave analysis of EUR/JPY for November 6 – 2015

Wave summary: The failure to break below support at 131.58 indicates that the correction in wave (ii) still is unfolding as a flat correction and this calls for a new rally in wave c of (ii) closer to 133.55 before wave (ii) is over. Besides, the next impulsive decline should be expected. Short-term minor resistance […]

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Why You Should Pay Attention to the Stock Market’s Bull/Bear Ratio

http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/free_newsletters/free_newsletters-ind.aspx Sentiment: the under-appreciated market indicator you can use Learn How the Wave Principle Can Improve Your Trading Related Posts:Bitcoin and rest of crypto market are losing investors and… June 16, 2023 Over the past three months, activity in the cryptocurrency market…Video market update for June 16, 2023 June 16, 2023 Potential for the further […]

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Elliott wave analysis of EUR/NZD for November 5 – 2015

Wave summary: We have seen a move slightly above 1.6515, but as no real follow-through has been seen, then break is not confirmed yet. That said, we do think that a more substantial break soon will be seen, but then the resistance line from 1.9114 is staying just above 1.6550. However, if this hurdle is […]

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Elliott wave analysis of EUR/JPY for November 5 – 2015

Wave summary: With a break below support at 132.16, the odds favor red wave 2 having ended early at 133.39 and a new impulsive decline in red wave 3 lower to 128.07 as the next downside target. That said, we would like to see a break below support at 131.58 as well to confirm the […]

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Elliott wave analysis of EUR/NZD for November 4 – 2015

Wave summary: We continue to look for confirmation that wave 2 is over and wave 3 higher has taken over. The bottom could be well in place at 1.6124. Then we need a break above resistance at 1.6515 to indicate this is the case for a rally higher to 1.6950 and above higher, which will […]

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Elliott wave analysis of EUR/JPY for November 4 – 2015

Wave summary: Wave b of red wave 2 was rerouted, but as long as support at 132.15 protects the downside, I continue to look for a little more upside in red wave 2 towards 134.02 before red wave 3 takes over for a strong decline to 126.05 and likely even lower to 119.90. In the […]

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Debt Man’s Curve: Where Money Goes When Asset Values Fall

http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/free_newsletters/free_newsletters-ind.aspx Cash could still outperform equities and bonds in 2015 – which would be the first time that has happened in a quarter century. Learn How the Wave Principle Can Improve Your Trading Related Posts:Is inflation about to fall off a cliff? – Special Report June 14, 2023 Inflation may have finally peaked around the […]

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Financial Zombies — More Scary Scenes, Dead Ahead

http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/free_newsletters/free_newsletters-ind.aspx Halloween is past, but the financial walking dead are still among us. We look at a financial services firm that has seen its share price drop, despite aggressive stock buybacks. Take a look at these two charts. Learn How the Wave Principle Can Improve Your Trading Related Posts:Week Ahead – Can the BoE and […]

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Does the Fed Know What to Do?

http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/free_newsletters/free_newsletters-ind.aspx Investors and presidential hopefuls alike have been criticizing the Federal Reserve. The central bank appears uncertain about its monetary policy. Will the Fed even be around in 10 years? Learn How the Wave Principle Can Improve Your Trading

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(Interview, 4:52) Natural Gas: Focus On The Technicals

Prepare for what’s ahead with our FREE financial insights – Just follow this link to tell us where to email them: http://bit.ly/1Nelfb7 Learn How the Wave Principle Can Improve Your Trading Related Posts:Technical Analysis – USDCAD shifts focus to the downside… June 2, 2023 USDCAD plunged by 1.2% in the first trading day of…Technical Analysis […]

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Elliott wave analysis of EUR/NZD for October 30, 2015

Wave summary: We have been locked in a range between support at 1.6186 and resistance at 1.6515. As long as support at 1.6186 protects the downside, we do expect that resistance at 1.6515 sooner or later will be broken for a rally towards 1.6950 and above will confirm the bottom for wave 2 is in […]

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Elliott wave analysis of EUR/JPY for October 30, 2015

Wave summary: Wave (v) and red wave 1 seemed to end early already at 131.58 (the target we where looking for was found at 130.90). That means red wave 2 is unfolding and should see a rally to just above 133.55 and if wave c extends move even higher to 134.56 before turning lower again. […]

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Elliott wave analysis of EUR/NZD for October 29, 2015

Wave summary: We saw a nice test of strong resistance near 1.6500 yesterday, but no break above this resistance was seen. We do however expected that a break above here will be seen soon for a move closer to 1.6950. That said we also have to be aware of the risk of a breakout below […]

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Elliott wave analysis of EUR/JPY for October 29, 2015

Wave summary: If we see a weekly close below 132.17, we can expect a breakout below the support-line at 94.12 and a return to 126.05 and lower to 119.90. Looking at the shorter time frame, a decline to 130.90 is in the cards to end red wave 1 and set the stage for a more […]

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Elliott wave analysis of EUR/NZD for October 28, 2015

Wave summary: With a breakout above 1.6390 we can see the first indication that a bottom was found at 1.6124 and a new impulsive rally is about to develop. The next resistance to look for is found at 1.6546 and a breakout above here will be a strong indication of a bottom being in place […]

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Elliott wave analysis of EUR/JPY for October 28, 2015

Wave summary: We have seen an expected breakout below support at 132.98 for a continuation lower towards strong support near 132.17. We will ideally find the bottom of wave (iii) at 132.17 and set the stage for a correction in wave (iv) back to 133.92 before lower in wave (v). Short-term resistance is seen at […]

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Natural Gas: Twenty Percent Decline In Less Than A Month

http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/club/signuplt/newsletters.aspx This is a weekly chart of the natural gas market. It posted on October 2… Learn How the Wave Principle Can Improve Your Trading Related Posts:Bitcoin drops to 3-month low after hawkish Fed remarks –… June 16, 2023 Bitcoin and major altcoins have been experiencing another tough and…GBP/USD. Overview for June 15th. The dollar […]

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Dispatch: U.S. On the Precipice of Deflation

http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/wave/1510DEF Deflation is already a reality in many quarters of the global economy. Mounting evidence suggests that the full fury of this trend is about to be unleashed. Give our just-released dispatch on deflation your immediate attention. Learn How the Wave Principle Can Improve Your Trading

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Elliott wave analysis of EUR/JPY for October 27, 2015

Wave summary: We have seen a low at 133.08 (just 10 pips above the ideal downside target at 132.98). After a minor flat consolidation in wave iv more downside towards 132.17 is expected. Wave iv could already be over at 133.92, but we need a direct break below the low at 133.08 to confirm that. […]

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Elliott wave analysis of EUR/NZD for October 27, 2015

Wave summary: We are still looking for signs of a bottom being in place. As long as minor resistance is seen at 1.6390, we must accept a possibility of one more decline closer to 1.5882. A break above minor resistance at 1.6390 will be the first indication that the bottom is in place, while a […]

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Dispatch: U.S. On the Precipice of Deflation

http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/wave/1510DEF Deflation is already a reality in many quarters of the global economy. Mounting evidence suggests that the full fury of this trend is about to be unleashed. Give our just-released dispatch on deflation your immediate attention. Learn How the Wave Principle Can Improve Your Trading

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Elliott wave analysis of EUR/NZD for October 26, 2015

Wave summary: Our target at 1.6075 was close to being tested on Friday with a low at 1.6124. We still expect more downside room towards 1.6075 and maybe even lower to 1.5882 before the bottom is in place for a correction back to 1.6800 and even higher. Short-term resistance is found at 1.6338 and again […]

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Elliott wave analysis of EUR/JPY for October 26, 2015

Wave summary: The first wave iii target at 132.98 has almost been tested, and I would continue to look lower for a firm test of this target and even lower to the 200% extension target at 132.17 where strong support will be found. If the later target is broken too, the way lower to 126.05 […]

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Return to the Dollar Index: The Clarity Just Got Clearer

http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://beta.elliottwave.com/Assets/Forex-FreeWeek-Get-Free-Forecasts-for-11-Currency-Markets-for-1-Week Earlier this week, Chart of the Day showed you this long-term U.S. Dollar Index chart. Now look what happened since then… Learn How the Wave Principle Can Improve Your Trading Related Posts:Trading plan for US dollar index on June 15, 2023 June 15, 2023 Technical outlook:The US dollar index slipped through 102.20 on Wednesday…Technical […]

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Stock Market: Risk-On or Risk-Off?

http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/free_newsletters/free_newsletters-ind.aspx The mood of investors gradually transitions from risk-on to risk-off. But once fear takes full control, the rush to the exit is like a stampede. In some ways, today is like 2007. See what we see. Learn How the Wave Principle Can Improve Your Trading Related Posts:Video market update for June 08, 2023 June […]

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(Interview, 4:56 min.) 3 New Forex Opportunities with “Big Potential”

Our Forex FreeWeek is back! Start reading new FX forecasts now, free http://bit.ly/1W561pp Learn How the Wave Principle Can Improve Your Trading Related Posts:Forex forecast 06/15/2023 EUR/USD, USD/JPY and Bitcoin from… June 15, 2023 Let’s take a look at the technical picture of EUR/USD,…GBPUSD, H4 | Potential bullish reversal? June 15, 2023 The GBP/USD chart […]

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