U.S. Dollar Index Pattern: As Clear As It Looks

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 This Dollar Index chart is as straightforward as it looks. It’s a longer-term, weekly bar chart. The Elliott wave pattern is crystal clear, yet is still in progress. Learn How the Wave Principle Can Improve Your Trading Related Posts:GBP/USD: Will sterling hold steady against dollar? April 15, 2024 The UK economy is recovering from […]

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Elliott wave analysis of EUR/NZD for October 20, 2015

Wave summary: We thought that a firm bottom was seen at 1.6486 and a new impulsive rally was slowly developing. In the short term, we would like to see a break above the base-channel resistance line near 1.6851 for a continuation higher towards important resistance at 1.7198. It will confirm that a firm bottom is […]

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Elliott wave analysis of EUR/JPY for October 20, 2015

Wave summary: We are getting nowhere at the moment. We are still firmly locked inside the triangle pattern, looking for clues about when a thrust of the triangle should be imminent. The first clue would be a break below minor support of 134.36 with a call for a test of important support at 133.11. It […]

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A Perspective on Gold vs. Gold Mining Shares

http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/free_newsletters/free_newsletters-ind.aspx Should you buy gold mining shares if you’re bullish gold? Two charts and accompanying commentary provide valuable perspective. Learn How the Wave Principle Can Improve Your Trading Related Posts:Weekly forecast based on simplified wave analysis of… April 15, 2024 EUR/USDAnalysis:The daily chart scale of the major pair of the…Technical Analysis – Gold in a […]

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Elliott wave analysis of EUR/NZD for October 19, 2015

Wave summary: We continue to look for confirmation that a firm bottom was seen at 1.6486 and the first strong indication will be a break above resistance at 1.6851. In the short term, we expected minor support near 1.6593 to protect the downside for a break above minor resistance at 1.6771 and more importantly above […]

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Elliott wave analysis of EUR/JPY for October 19, 2015

Wave summary: We are still locked inside a possible triangle pattern. We still believe that this triangle will be resolved in a downside thrust for a decline to below 126.05, but now we have to wait patiently for the thrust out of the triangle. The short-term resistance is seen at 135.95, which we expected to […]

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FX FreeWeek Preview: “Dollar is at an inflection point”

EWI’s Senior Currency Strategist reveals what to expect in the upcoming Forex FreeWeek. Learn How the Wave Principle Can Improve Your Trading Related Posts:China’s Q1 GDP growth next on the Asian calendar – Preview April 15, 2024 China’s Q1 GDP to fall below 5.0% on Tuesday at…GBP/USD: Will sterling hold steady against dollar? April 15, […]

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Here’s How Corporate America Flirts with Financial Disaster

http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/free_newsletters/free_newsletters-ind.aspx U.S. companies have loaded up on debt. A Goldman Sachs strategist calls their balance-sheet health “increasingly alarming.” Yet these same corporations are speculating in the stock market. “It’s a strategy they will come to regret.” Learn How the Wave Principle Can Improve Your Trading Related Posts:XM and Human Initiative Spread Hope to Flood Disaster… […]

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Elliott wave analysis of EUR/NZD for October 16, 2015

Wave summary: With an adjusted count, we where looking for a final decline to 1.6544 and we have seen a low at 1.6486. We think that a low is in place for a new rally higher to at least 1.8019 and possibly even higher. In the short term, we need support at 1.6486 to protect […]

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Elliott wave analysis of EUR/JPY for October 16, 2015

Wave summary: A strong decline from 136.46 has invalidated a bullish call and that leaves us with a huge triangle pattern from 126.05. There is no way this could be a bullish triangle, which means we shall be looking for a downside thrust eventually. A break below important support at 133.11 confirms the downside thrust […]

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The True Timeline of Russia’s Military Aggression

http://club.socionomics.net/ezine/signup.aspx See the all-important difference between a “linear” vs. a ‘non-linear’ timeline. Learn How the Wave Principle Can Improve Your Trading

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Elliott wave analysis of EUR/NZD for October 15, 2015

Wave Summary: We clearly were a bit too early to call for a bottom at 1.6820. More downside room closer to our original target at 1.6781 is observed now. The question is whether the bottom is in place at the moment? Good news is that we are very close to a firm bottom for at […]

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Elliott wave analysis of EUR/JPY for October 15, 2015

Wave summary: There is no changes in view here: we continue to expect a test of important resistance near 137.44 to take place soon. A break above the resistance-line will confirm a further rally towards 138.10 and 139.02 on the way higher to 141.00. As we begin to see the shape of a triangle, the […]

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Deflation Threat for World’s Three Biggest Economies

http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/free_newsletters/free_newsletters-ind.aspx Learn How the Wave Principle Can Improve Your Trading Related Posts:World’s central banks continue to increase their gold… November 3, 2023 September has become another significant month for gold purchases by…Gold may soon be recognized as the world’s reserve currency October 27, 2023 Gold may once again be recognized as the world’s reserve…

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Elliott wave analysis of EUR/NZD for October 14, 2015

Technical summary: The breakout above resistance at 1.7125 indicates that a bottom is already in place at 1.6820. We have also seen a break above the resistance line at 1.7901, which indicates a change of the trend. So, we have changed our count slightly to make the best fit. However, the breakout above 1.7125 calls […]

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Elliott wave analysis of EUR/JPY for October 14, 2015

Technical summary: We continue to watch for a continuation higher towards 141.00 over coming days/weeks. In the short term, we would like to find support at 135.63 to protect the downside for a break above minor resistance at 136.60 and more importantly above resistance at 136.95 for a continuation higher towards 138.10 as the ideal […]

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The WSI – or, “As the World Turns Down”

The World Stock Index is a weighted average of global equity indexes. I’m actually going to show two charts… Learn How the Wave Principle Can Improve Your Trading Related Posts:EUR/USD turns bullish as dollar loses impetus November 6, 2023 The unexpected rise in Germany’s industrial orders by 0.2% MoM…World’s central banks continue to increase their […]

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(Interview, 3:40 min.) Trader Education Week: Get Free Lessons All Week (Part 1)

http://www.elliottwave.com/r.asp?rcn=ytvideos1503&url=http://beta.elliottwave.com/assets/Trader-Education-Week Learn How the Wave Principle Can Improve Your Trading Related Posts:Week Ahead – More inflation data on the way as rate cut bets… April 12, 2024 CPI numbers due in the UK, Japan, Canada and New…What to expect for the dollar next week? April 7, 2024 The dollar missed plenty of opportunities to strengthen […]

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Elliott wave analysis of EUR/NZD for October 13 – 2015

Technical summary: Wave iv has become a flat correction, which alternates nicely with wave ii that was a simple zig-zag correction. Once wave iv is over, we are still looking for one final dip closer to the downside target at 1.6781 where we expect a bottom to be found for a nice strong rally back […]

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Elliott wave analysis of EUR/JPY for October 13, 2015

Technical summary: We continue to look for more upside pressure towards 138.10 and then higher to 141.00 once this minor correction is over. Ideally, it will find support at 136.00, but we must allow for a corrective decline closer to 135.71 before the next rally higher to 138.10 is seen. The rally of the wave […]

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Let’s Talk About the Price Juncture of Gold

Gold’s price had been turned back by a line of resistance on several occasions since May. But something significant happened on October 9 that every gold investor should know about. Learn How the Wave Principle Can Improve Your Trading Related Posts:Will Netflix earnings take the share price closer to its… April 15, 2024 Netflix is […]

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Elliott wave analysis of EUR/NZD for October 12, 2015

Technical summary: We are still looking lower towards 1.6781 before the bottom is in place and a new impulsive rally higher should be expected. In the short term, we expect resistance at 1.7048 to protect the upside for a final decline towards 1.6781. Only an unexpected breakout above resistance at 1.7125 will indicate that the […]

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Elliott wave analysis of EUR/JPY for October, 2015

Technical summary: A nice breakout above resistance at 135.71 is expected to continue moving higher towards 141.00. On the way higher, we should expect minor resistance near 137.43 and again at 138.10 as we work our the way higher. Support is now found at 136.31 and again at 135.71, which will ideally protect the downside […]

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Time to Question U.S. Treasuries as a “Safe-Haven”?

http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/free_newsletters/free_newsletters-ind.aspx China is dumping U.S. Treasuries. So is Russia and Brazil. Are interest rates set to soar? Learn why now may be the time to question the safe-haven status of U.S. government bonds. Learn How the Wave Principle Can Improve Your Trading Related Posts:The Fed’s salvation lies in long-term treasuries October 23, 2023 I previously […]

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Elliott wave analysis of EUR/JPY for October 9, 2015

Technical summary: We are going nowhere at the moment. Red wave ii is still unfolding, but should be coming to an end soon and should lead to a break above minor resistance at 135.71 for the next impulsive rally towards 138.08 in red wave iii. Wave iii is likely to extend even more greatly. The […]

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Elliott wave analysis of EUR/NZD for October 9, 2015

Technical summary: We are reaching the first downside target at 1.6781. In the short term, we will see minor resistance at 1.7016 protecting the upside for a decline to 1.6781. A breakout above minor resistance at 1.7016 indicates that the bottom is in place for a rally back to at least 1.7125. Above here, we […]

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Elliott wave analysis of EUR/NZD for October 8, 2015

Technical summary: We are getting closer to the 1.6781 target. In the short term, we are looking for the minor correction in the red wave iv to find resistance at 1.7124 for the next decline towards 1.6781. If support at 1.6781 is clearly broken, then the downside target will be extended lower to 1.6230. But […]

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Elliott wave analysis of EUR/JPY for October 8, 2015

Technical summary: There are no changes in view here. Red wave ii is likely to take a little longer than we expected, but otherwise the outlook continues to stay bullish for a rally higher to 141.00. Red wave ii seems to be a flat correction calling for a move closer to 134.40 before the next […]

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Housing Market: Boom and Bust

http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/free_newsletters/free_newsletters-ind.aspx Homeowners were using their homes as ATMs around the time of the 2006 peak in housing prices. Today, many people are again borrowing against their homes. Learn why the housing market is prone to “boom and bust.” Learn How the Wave Principle Can Improve Your Trading Related Posts:EUR/USD. April 15th. Bulls panic and retreat […]

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