http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/club/signuplt/newsletters.aspx At a glance, the trend you see on the chart explains why we’ve titled this “Submerging Currencies.” Learn How the Wave Principle Can Improve Your Trading Related Posts:Weekly forecast based on simplified wave analysis for… April 15, 2024 GBP/USDAnalysis:On a large scale, a bearish trend has been forming…Technical Analysis – US 30 index slides […]
Technical summary: The pair moved lower as expected, but the minor corrections that develops is a bit larger than we normally see. Not that they are much larger, but the correction tends to be smaller. That said, nothing has changed and we continue to watch for a decline towards 1.6781 as the first real downside […]
Technical summary: It should be just a matter of time before resistance at 135.71 gets broken, which confirms a continuation higher towards 138.00 as the next minor upside target. Looking at a larger picture, a break above 135.71 and more importantly above 138.00 will confirm the rally to 141.00. To preserve a bullish outlook, support […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/free_newsletters/free_newsletters-ind.aspx Almost everyone wants to know if and when the Fed will hike the fed funds rate. But the central bank faces an acute dilemma… Learn How the Wave Principle Can Improve Your Trading Related Posts:XM Rock with the Bull Concert 2023 in Malaysia October 23, 2023 On September 23rd, we sent our luckiest clients […]
Elliott Wave International’s Global Opportunities Expert explains why Elliott Wave Principle is so valuable. Try Asian-Pacific Short Term Update now, risk-free for 30 days: http://bit.ly/1j4cVhP Learn How the Wave Principle Can Improve Your Trading Related Posts:Financial future on the horizon: US stocks rise ahead of… April 10, 2024 On Tuesday, ahead of the release of […]
Technical summary: There was no time for even a minor correction yesterday, and we sow an expected decline closer to our first target at 1.6728. In the short term, we will be looking for a breakout below support at 1.7152 confirming the next part of the decline to a target at 1.6728. Minor resistance is […]
Technical summary: Yesterday , a breakout above 135.10 indicated that wave 2 ended at 132.23 and wave 3 higher was already developing. If this count is correct, support at 133.48 must protect the downside for a strong rally higher to at least 141.00 and possibly even higher. As wave (ii) of 3 was an expanded […]
Elliott Wave International’s Jeffrey Kennedy discusses new commodity opportunities — Get the Best Short-Term Commodity Opportunities — free — http://bit.ly/1OiuFDy 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 set to announce strong EPS and revenue growth…Market Comment – […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/club/signuplt/newsletters.aspx To get a more accurate picture, you need to ask, “What percentage of the working-age population is employed?” Here’s the answer. Learn How the Wave Principle Can Improve Your Trading Related Posts:What’s behind the US economy’s resilience? – Special Report April 11, 2024 US economy is still sizzling, outperforming other regions Several factors…Market Comment […]
Technical summary: Prices spiked higher on Friday due to the weak Non Farm Payrolls data, but only to resume an underlying decline towards at least a 38.2% corrective target at 1.6781. In the short term, we are watching for a break below 1.7294 (the bottom of wave i of C) to confirm wave iii moving […]
Technical summary: A very messy price-action continues to unfold in the market. We are looking for a decline to 131.45 as long as resistance at 135.10 protects the upside. Any break above resistance at 135.10 will delay the expected decline and could possibly be the first serious warning that the bottom was found earlier at […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/free_newsletters/free_newsletters-ind.aspx In December 2014, we discussed an indicator that appeared to carry “the same message as it did in 2007.” The Dow Industrials topped just five months later. Now, the stress level is even more intense. Learn How the Wave Principle Can Improve Your Trading Related Posts:Technical Analysis – Goldman Sachs stock gains on strong… […]
Technical summary: A breake below the support at 1.7466 calls for more corrective declines closer to 1.6781. In the short term, we expect that the resistance at 1.7523 will be able to protect the upside for the next decline towards 1.7146 on the way lower to 1.6781. Trading Recommendation: We are short EUR from 1.7480 […]
Technical summary: We continue to look for a final decline closer to 131.45 before a firm bottom to be in place for a new impulsive rally back to 141.03 and higher. In the short term, we expect minor resistance at 134.43 will be able to protect the upside for the next downside attack and a […]
Technical summary: We have seen a breakout below 1.7453, which was quite unexpected and that has shifted the picture from a potential bullish count to a bearish calling for more downside toward 1.6781 where this correction will have corrected 38.2% of a rally from 1.3881 to 1.8554. In the short term, we expect minor resistance […]
Technical summary: A very slow descent towards 131.45 continues. Once the target has finally been reached, a new impulsive rally higher towards 141.06 and above is expected The short-term resistance is found at 135.10 and only a direct breakout above here could indicate that the bottom is already found at 132.23 and the new impulsive […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/free_newsletters/free_newsletters-ind.aspx Conservative investors have been punished with exceptionally low interest rates. But at least they haven’t lost money. Learn about a good way to defend your portfolio against rising rates. Learn How the Wave Principle Can Improve Your Trading Related Posts:Financial future on the horizon: US stocks rise ahead of… April 10, 2024 On Tuesday, […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/club/signuplt/newsletters.aspx This weekly chart of the S&P 500 covers the past 4 years. Learn How the Wave Principle Can Improve Your Trading Related Posts:Technical Analysis – US 500 index slides beneath rising… April 8, 2024 US 500 creates some downside recovery Oscillators indicate bearish correction…Technical Analysis – USDCAD ticks higher within ascending… April 7, 2024 […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/free_newsletters/free_newsletters-ind.aspx Many view bear markets as simply a downturn in stock prices. But societal changes also tend to accompany trend changes in in the stock market. Will the “gender barrier” be shattered in the months ahead? Learn How the Wave Principle Can Improve Your Trading Related Posts:Banks Q1 earnings: Weak results despite stock outperformance… April […]
That’s a bold question. Here’s a bolder answer. Watch. How do you stay AHEAD of these crazy market swings? Learn more: http://bit.ly/1VjkmmX Learn How the Wave Principle Can Improve Your Trading Related Posts:Technical Analysis – Goldman Sachs stock gains on strong… April 15, 2024 Goldman Sachs shares pull back from record high levels Jump…Will Netflix […]
Technical summary: We are entering the final part of the decline from 141.06. Continue to look for a decline closer to 131.45 before a new impulsive rally takes place. In thr short term, we will be looking for a breakout below minor support at 134.75 as the first good indication that the move closer to […]
Technical summary: We are closer to the strong support level near 1.7470, which is expected to protect the downside for the next rally higher. A short-term breaout above minor resistance at 1.7646, which will be the first good indication that a bottom is in place for a new rally towards strong resistance at 1.8000. There […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/free_newsletters/free_newsletters-ind.aspx Despite recent volatility, European stock investors are using large doses of leverage. More than that, the head of the world’s largest sovereign wealth fund is embracing risk assets. Our analysis suggests that a day of reckoning is at hand. Learn How the Wave Principle Can Improve Your Trading Related Posts:Weekly forecast based on simplified […]
Technical summary: We are still locked within the larger range between 1.7466 – 1.8000. We expect a final decline closer to the 1.7466 low before then next impulsive rally to above 1.8000 for a continuation higher to 1.8683. In the short term, a break below support at 1.7583 will confirm the move closer to strong […]
Technical summary We have seen the expected resistance near 134.69 (the high came in at 134.91). Now we will be looking for the next part of the decline towards the ideal downside target at 131.45. In the short term, a break below minor support at 134.00 confirms the expected decline closer to 131.45. To be […]
Technical summary: As long as resistance at 1.8000 protects the upside, we will stay open to a final decline closer to 1.7445 before the next impulsive rally takes us higher to 1.8683. Only a direct break above important resistance at 1.8000 indicates that wave ii is already over and the impulsive rally to 1.8683 is […]
Technical summary: As we said yesterday, the closer volatility gets to the ideal bottom near 131.45 the greater it becomes and yesterday’s sudden move higher to 134.69 describes this well. That said, we are still looking for more downside pressure towards an ideal target at 131.45 before a stronger rally takes place. In the short […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/free_newsletters/free_newsletters-ind.aspx Many U.S. dollar bears have expected inflation to trigger a collapse in the greenback. But inflation has been missing in action. Only one asset is sure to gain value during deflation. 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 […]
Technical summary: We continue to look for a move closer to 1.7450, but we also accept the wave ii could be over at 1.7587. In case it happens, we should see a break above minor resistance at 1.7858 in the nearest term and more importantly a break above important resistance at 1.8000 for a continuation […]
Technical summary: A decline from 137.42 unfolded nicely and even stronger than we had expected. We will now look for resistance at 133.75 for a continuation lower towards 131.45. Only a break above 133.75 will indicate that a larger correction is unfolding towards 134.30 before moving lower to a target at 131.45 . As we […]
