http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/Investor-Research/Financial-Forecast-Service On May 3, the U.S. Dollar Index spiked down to a low of 91.919. But, just three days later, as the bears were licking their chops, we anticipated a turn higher. Our wave analysis has served subscribers well. The index just hit a 13.5-year high. Learn How the Wave Principle Can Improve Your Trading […]
Wave Summary: We are going nowhere here. We have consolidated within the 1.5016 – 1.5266 area for the week now. Hopefully, this cross is building up energy to make a break for a firm test and likely breach above the ending diagonal resistance line near 1.5450 that will confirm a return to the origin of […]
Wave summary: We continue to look for a break above minor resistance at 117.49 to confirm more upside pressure towards 118.59 and 122.00 as the next upside targets. A clear break above 117.49 will also mean a clear break above the pitchfork mid-line and give us a 80% likelihood of a continuation higher to the […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www2.elliottwave.com/club/signuplt/newsletters.aspx What you clearly see during these years is: The ups and downs in total merger & acquisition value correlate with the stock market trend. Put simply, the same sentiment (or mood) is at work. Learn How the Wave Principle Can Improve Your Trading Related Posts:Technical Analysis – EURCHF eases slightly after 1-year peak April […]
Jim Martens, editor of our Currency Pro Service, discusses his long-term view of the U.S. dollar and euro. Get more financial insights like these — 100% free. Just follow this link: http://www.elliottwave.com/wave/etv2016 Learn How the Wave Principle Can Improve Your Trading Related Posts:The euro hardly has a chance to rise April 16, 2024 For over […]
Wave summary: We are once again going nowhere. Our preferred count shows that an ending diagonal completed with the test of 1.4812 and a new impulsive rally now is building, but we need a break above 1.5246 to confirm a strong test of the ending diagonal resistance line near 1.5500 and only above here will […]
Wave summary: After a backtest of the broken resistance line, that is now acting as support, a continuation higher to 118.60 is expected. A break above resistance at 117.49 will confirm the rally higher to 118.60 and possibly even higher to 122.00. Ideally support at 116.22 will continue to act as a floor for the […]
Wave summary: We continue to look for more upside towards the ending diagonal resistance line near 1.5450 and above here will call for a return to the origin of the ending diagonal at 1.5834 and above. Short term, we expect support at 1.5010 to act as a floor for a rally above minor resistance 1.5195 […]
Wave summary: We have finally seen the expected break above important resistance at 116.28 calling for more upside towards 118.60 and 122.00 as the next upside targets. Short term, support is now seen at 116.79 and again near 116.28. A break below former important resistance, which now acts as support, will be confusing, but only […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www2.elliottwave.com/club/signuplt/newsletters.aspx This massive move happened to the granddaddy of “safe,” “stable securities.” The bond market hasn’t seen anything like this in decades. Yet the upheaval simply hasn’t gotten the coverage you’d expect… Learn How the Wave Principle Can Improve Your Trading Related Posts:Video market update for April 15, 2024 April 15, 2024 Potential for the […]
Here’s What Makes Elliott Waves a Useful Forex Tool Some Elliott wave forex traders do watch the news — but for different reasons By Elliott Wave International Last Friday, EURUSD rallied strongly. Said Reuters: “The U.S. dollar tumbled against a basket of major currencies…on U.S. political uncertainty after the FBI said it would review more […]
Wave summary: Our preferred count remains the same: an ending diagonal completed with the test of 1.4812 and a return to the origin of the ending diagonal at 1.5839 is developing. To confirm that the ending diagonal is complete, the pair should break above the resistance-line near 1.5377. In the short term, a break above […]
Wave summary: Not much news to add here. EUR/JPY is still hovering near important resistance at 116.28, but it should just be a matter of time before a clear break above this key resistance can be seen for a rally towards 118.60 and 122.00 as the next major upside targets. In the short term, the […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/Investor-Research/Financial-Forecast-Service Is Donald Trump good or bad for stocks? The financial press says both! Such blatant contradictions appear regularly in the media. Keep an eye on the market itself. The Dow’s price pattern pointed to a new all-time high months before the election, and anticipates what’s next. Learn How the Wave Principle Can Improve Your […]
EUR/NZD – Daily EUR/NZD – 4 Hourly Wave summary: To confirm that a long-term bottom is in place with the test of 1.4812, a break above 1.5516 is needed. Our preferred count shows that an ending diagonal completed with the test of 1.4812 and a break above 1.5516 will confirm a return to the origin […]
EUR/JPY – Daily EUR/JPY – 4 Hourly Wave summary: A firm break above 116.28 is still needed to release the long-term energy for upside acceleration towards 118.47 and 122. 00 as the next upside targets. Ideally we will see minor support at 115.51 protect the downside for the break above 116.28. However, even if a […]
Wave summary: We saw the expected minor correction to 1.4950 (the low was seen at 1.4908). We are now looking for a break above minor resistance at 1.5164 for upside acceleration towards 1.5516 and even higher. This will finally confirm that a long-term scenario is in place with the test of 1.4812 and a new […]
Wave summary: Important resistance (neckline for the inverse S/H/S bottom) at 116.28 is currently being tested and once it is broken clearly, upside acceleration towards 118.47 and 122.00 should be seen. A break above 116.28 will confirm that the long term correction from 149.56 finally completed with the test of 109.48 and a new long-term […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/Investor-Research/Financial-Forecast-Service In the past month, gold saw a big spike in volatility. Commentators pointed to the U.S. presidential election as the cause. But Elliott wave analsysts made a forecast for volatility in gold when the CBOE Gold ETF VIX index had been trending lower, and made no mention of the election. Here’s what we saw. […]
What to watch for if you want to stay ahead of the trend in legalization. Learn more: http://www.socionomics.net Learn How the Wave Principle Can Improve Your Trading
Wave summary: This cross is becoming more and more complicated to read. After a rally to 1.5516 we expected the corrective low to 1.4838, but in early Asia Pacific trade a new low has been seen at 1.4812. Our best count shows that some kind of ending diagonal has unfolded and now completed with the […]
Wave summary: We still need a break above important short-term resistance at 116.28 to confirm that a long-term corrective low was seen at 109.48 and a new impulsive rally is developing. Short term, we are looking for a break above minor resistance at 115.68 as confirmation that a firmer test of the important resistance will […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/Investor-Research/Financial-Forecast-Service More babies were born in 2007 than any other year in U.S. history. But the birth rate dropped to a century-low in 2009. What happened? We offer an answer. Learn How the Wave Principle Can Improve Your Trading Related Posts:Technical Analysis – Is CADJPY setting the stage for its… April 10, 2024 CADJPY remains […]
Wave summary: The pair spiked lower to 1.4838 only to see the strongest rally since July. This indicates that the bottom we have been looking for is eventually in place. That said, we still need more evidence to confirm that the long-term correction from 1.9023 has completed finally and a new impulsive rally is unfolding. […]
Wave summary: Red wave [ii] did turn into the expanded flat correction we warned about yesterday. With red wave [ii] complete at 113.70, we should expect a strong impulsive rally in red wave [iii], that is expected to extend higher to at least 118.71 with 122.00 as the next major upside target. Short-term, we expect […]
What’s next? On Wednesday, November 9, subscribers and Club EWI members are invited to watch a 30-minute post-election roundtable discussion where we’ll cover everything from social mood to the outlook for markets around the world. Need a login? Complete your Club EWI profile for instant access: http://www.elliottwave.com/wave/post-election Learn How the Wave Principle Can Improve Your […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/cart/cart-listing?itemid=113018 Where does the mutual fund cash-to-assets ratio stand today? It has returned to a historic level — fund managers are ALL IN the stock market. It adds up to the most extreme reading on record. Learn How the Wave Principle Can Improve Your Trading Related Posts:Technical Analysis – US 500 cash index is in […]
Wave summary: The September low at 1.4989 now has been taken out. Nevertheless, we think the potential downside remains very limited and a new rally soon will be seen. We still need a break above minor resistance at 1.5225 and more importantly a break above resistance at 1.5454 to confirm that a low is in […]
Wave summary: We continue to look for a firm test of important resistance at 116.28 and only a break above here will indicate upside acceleration towards 118.47 and 122.00. Until the break above resistance at 116.28 is seen, we must accept more sideways trading just below this short-term important level. We even face the risk […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/Investor-Research/Financial-Forecast-Service Almost no one expected a dramatic decline in housing prices in January 2006. At the time, 43% of first-time home buyers were putting no money down. Six months later, housing prices topped. Today, owners of entry-level homes are once again highly leveraged. Learn How the Wave Principle Can Improve Your Trading Related Posts:Bearish Head […]
