Today’s Support and Resistance levels: R3: 141.87 R2: 141.58 R1: 141.48 Current spot: 141.40 S1: 141.08 S2: 140.74 S3: 140.45 Technical summary: The X wave from 136.23 became more complex than first expected, but it most likely ended with the test of 143.79 and the second zig-zag correction lower is likely developing. In the short-term, […]
Banks and borrowers make opposite bets. Read more: http://bit.ly/1fFyxIf Learn How the Wave Principle Can Improve Your Trading Related Posts:EUR/USD. April 12th. ECB meeting: confidence in rate cut… April 12, 2024 On Thursday, the EUR/USD pair continued its downward trend towards…Weekly Forex Outlook: 12/04/2024 – More inflation data on… April 12, 2024 CPI numbers due […]
USD/CAD Elliott Wave For the last couple of days, the USD/CAD pair has been trading downwards, corrective wave (ii) (coloured green) of the bigger wave [c] (coloured black) has been developing. In the 1-hour chart above, we can see that price is doing a Zig-Zag correction from the 1.1153 level high, if this is a […]
AUD/USD Elliott Wave The AUD/USD pair has extended the upward movement during the first trading day of this week, let’s see how this new movements wil fit the current wave count. In the 1-hour chart of the AUD/USD pair above, we can see that we are currently correcting the short-term cycle from the 0.8995 level, […]
Indicators of market sentiment and social mood tip the same signal: the flipside of Bank of America’s Keep the Change program. Read more: http://bit.ly/1qMMsW1 Learn How the Wave Principle Can Improve Your Trading Related Posts:Change in market sentiment raises risk appetite and… November 6, 2023 Global markets edged higher last week, evidently believing more positive…Market […]
Since the Dow Industrials hit bottom at 6,547.05 on March 9, 2009, the stock market has had an impressive five years. The Dow has climbed 151%, with the S&P 500 and Nasdaq Composite posting even bigger gains. Yet those five years are part of a bigger picture: http://bit.ly/1kWZUFN. Learn How the Wave Principle Can Improve […]
Junk bond investors sacrifice safety in their hunt for yield. Read more: http://bit.ly/1iJ95Jz Learn How the Wave Principle Can Improve Your Trading Related Posts:Technical Analysis – USDJPY rallies to another fresh 34-year… April 15, 2024 USDJPY surpasses 154.00 Round numbers to be watched Stochastics indicate…Will Netflix earnings take the share price closer to its… April […]
USD/CAD Elliott Wave Since our last analysis, the USD/CAD pair has been trading downwards, corrective wave (ii) (coloured green) of the bigger wave [c] (coloured black) has extended developing. In the 1-hour chart above, we can see strong descending movement from 1.1153 towards the 1.1042 level, we can now call the (ii) wave as the […]
AUD/USD Elliott Wave For the last couple of days, the AUD/USD pair has been trading upwards, impulsive wave [iii] (coloured black) of the bigger wave C (coloured blue) has been developing. In the 60-minutes chart of the pair, we can see clear impulsive wave developing from the 0.8921 level, this is early confirmation that we […]
Have you checked the value of your rare coin collection lately? Doing so may be worthwhile. Find out why: http://bit.ly/1qzfBE4 Learn How the Wave Principle Can Improve Your Trading
The “runaway credit expansion” described in Bob Prechter’s Conquer the Crash continues, but… Read more: http://bit.ly/1km9m2y Learn How the Wave Principle Can Improve Your Trading Related Posts:Video market update for April 11, 2024 April 11, 2024 Potential for the further rally on USD/JPYThe material has been…Overview of the EUR/USD pair. April 11th. The market… April […]
Two new economic reports hit the newswires on March 6. Both were important, yet each one had the opposite implication for the trend. The market chose one report over the other, and the question is, why — and what can we learn from that report? Find out why market psychology matters more than economic news […]
For 3 years, Russia’s stock market has been drifting lower. EWI’s Vadim Pokhlebkin explains that the stock market shows the mood of society. And social mood drives social actions — like public protests and even war. That means that if you follow the stock market, you’ll know what kinds of events are likely to happen […]
Bob Stokes explains why the next financial flameout will likely be more destructive than what occurred between 2007 and 2009. Read the transcript at: http://bit.ly/1lX6v32 Learn How the Wave Principle Can Improve Your Trading Related Posts:Will US retail sales add juice to the dollar’s rally? –… April 12, 2024 US retail sales will hit the […]
You know how some things stick in your memory for reasons you can’t quite explain? EWI’s Vadim Pokhlebkin recounts a conversation he remembers well, even though it took place five years ago. Read the complete transcript at: http://bit.ly/1kMHdo9 Learn How the Wave Principle Can Improve Your Trading Related Posts:Financial future on the horizon: US stocks […]
USD/CAD Elliott Wave For the last few days, the USD/CAD pair has been trading sideways, corrective wave (ii) (coloured green) of the bigger [c] wave (coloured black) has been developing. In the chart of the USD/CAD pair above, we can see that we have already had a corrective pullback from the 1.1131 level, now since […]
AUD/USD Elliott Wave Since our last analysis, the AUD/USD pair has continued trading downwards, our invalidation got triggered, and we have moved towards the alternate count now. In the 1-hour chart of the pair above, we can see three waves lowers from the 0.9133 level, and while price remain below the top, we should see […]
USD/CAD Elliott Wave Since our last analysis, the USD/CAD pair has been trading upwards, impulsive wave (i) (coloured green) of the bigger wave [c] (coloured black) has been developing. In the 1-hour chart of the USD/CAD pair, we can see clear five wave pattern from the 1.0953 level, this move should be a part of […]
AUD/USD Elliott Wave Last week, the AUD/USD pair was trading upwards, just like we had expected, corrective wave C (coloured blue) of the bigger (B) wave (coloured red) has been developing. In the 1-hour chart above, we can see that we just completed the (iii) of C wave with a test of the 0.9131 level, […]
USD/CAD Elliott Wave For the last couple of days, the USD/CAD pair has been trading downwards, corrective wave [b] (coloured black) of the bigger wave W (coloured blue) has been developing. In the 1-hour chart above, we can see that our primary count, pointing for a double three correction inside the [b] wave is still […]
AUD/USD Elliott Wave Since our last analysis, the AUD/USD pair has been trading upwards, corrective wave C (coloured blue) of the bigger wave (B) (coloured red) has been developing. In the 1-hour chart of the AUD/USD pair, we can see, that ascending move from the 0.8887 has taken a shape of an impulsive pattern. Inside […]
USD/CAD Elliott Wave Since our last analysis, the USD/CAD pair has continued downwards trend, wave [b] (coloured black) of the bigger wave A (coloured blue) has been developing. In the 1-hour chart of the USD/CAD, we can see that we are in the last (c) wave of the bigger wave [b], that should reach the […]
AUD/USD Elliott Wave The AUD/USD pair, has been trading aggressively higher for the last few days, wave (a) (coloured green) of the bigger wave [a] (coloured black) has been developing. In the 1-hour chart of the pair above, we can see that there is enough swings to call the (a) wave, that is developing from […]
Editor’s note: You’ll find a text version of this article below the video. For 3 years, Russia’s stock market has been drifting lower. Here is why that’s important. The stock market shows the mood of society. And social mood drives social actions — like public protests and even war. That means that if you follow […]
Financial markets often turn just when the majority least expect it. Such was the case when gold hit its all-time high in September 2011, and, at its most recent low in December 2013. Now that the precious metal just hit a four-month high, EWI’s Financial Forecast Service tells you what to expect next. What’s next? […]
USD/CAD Elliott Wave For the last few weeks, the USD/CAD pair was trading downwards, corrective wave [b] (coloured black) of the bigger wave A (coloured blue) was developing. In the 1-hour chart of the USD/CAD pair, we can see that the price broke to the new lows in the early Friday’s session, this move makes […]
AUD/USD Elliott Wave Last week, the AUD/USD pair traded downwards, corrective wave [y] (coloured black) of the bigger wave B (coloured blue) was developing. In the 1-hour chart of the pair above, we can see that we have completed 7 swings move from the 0.9081 level, this is telling us that there is a good […]
Today’s Support and Resistance levels: R3: 1.6560 R2: 1.6496 R1: 1.6397 Current spot: 1.6314 S1: 1.6291 S2: 1.6253 S3: 1.6214 Technical summary: We were looking for a wave 2 correction towards 1.6445, but it has extended lower and is currently testing support at 1.6290. The downside is limited from here and under no circumstances should […]
Today’s Support and Resistance levels: R3: 142.07 R2: 141.27 R1: 140.29 Current spot: 139.47 S1: 138.68 S2: 137.55 S3: 136.22 Technical summary: The downside pressure has been stronger than we expected, therefore we have to consider the possibility that wave b of the decline from 145.69 already is in place and wave c lower towards […]
AUD/USD Elliott Wave The AUD/USD pair has managed to complete the corrective double three pattern from Feb 17 in the early London session today, so we need to focus more on upward movements in this pair next. In the 1-hour chart of the AUD/USD pair, we can see that the price has bounced exactly from […]
