Senior Analyst Jeffrey Kennedy is a busy man. Along with his regular duties at Elliott Wave International, he prepares 3-5 video lessons each week that teach technical traders how to anticipate — and act on — trading opportunities. Subscribers say that what sets Jeffrey’s educational service apart is his unique ability to combine easy-to-understand, actionable […]
Read the Daily Market Report from Dave Evans, Professional Trader Dollar slips back as gold leads Morning Report: 08.00 London • Typical of a Monday morning, financial markets have not really got going yet for the week. The main movement has come from the US dollar, […]
FOREX Daily Outlook by Easy-Forex.com EUR/USD Bulls Losing Patience U.S. Dollar Trading (USD) the USD enjoyed gains from Euro led selling overnight but we also saw Yields on long Term US debt start to move higher and this is getting attention as they have been at historical lows lately and any move higher will greatly […]
Read the Daily Market Report from Dave Evans, Professional Trader Markets slips back on China export slowdown Morning Report: 08.00 London • This morning, financial markets have started on the back foot after Chinese exports slowed much faster than expected. Year on year growth was just […]
Is it wise to forecast financial markets based on what central bankers say? Look no further than a chart of long-term stock market prices for the answer: No major trend change ever followed any of those announcements. Even so, the financial media spends obscene amounts of time analyzing every utterance of central bankers, especially during […]
FOREX Daily Outlook by Easy-Forex.com Bulls in control as negative news shrugged off U.S. Dollar Trading (USD) strong US data helped reverse profit taking seen in the European session yesterday and stocks closed higher in the US and this positivity has continued into Asia trade so far Thursday. US Q2 Nonfarm Productivity at 1.6% vs. […]
Read the Daily Market Report from Dave Evans, Professional Trader Aussie leads after strong employment data Morning Report: 08.15 London • Financial markets continue to be quieter than normal due to slower summer trading. There is a positive bias in general with the Australia dollar leading […]
Back in the fall of 2011 I was warning my subscribers and the public via articles to prepare for a large correction in the price of GOLD. The metal had experienced a primary wave 3 rally from $681 per ounce in the fall of 2008 to the upper $1800’s at the time of my warnings […]
Back in the fall of 2011 I was warning my subscribers and the public via articles to prepare for a large correction in the price of GOLD. The metal had experienced a primary wave 3 rally from $681 per ounce in the fall of 2008 to the upper $1800’s at the time of my warnings […]
Read the Daily Market Report from Dave Evans, Professional Trader Yen powers back against the dollar Morning Report: 08.15 London • After falling back yesterday, the Japanese yen is once again the currency of choice for investors as risk taking takes a back seat. The USD/JPY […]
FOREX Daily Outlook by Easy-Forex.com Greek Exit Talk Pressuring EUR/USD in Asia U.S. Dollar Trading (USD) a relatively quiet day on the markets with some positive and negative news keeping most pairs in tight ranges. The big move was seen in the USD/JPY which moved up to Y78.75 as US Yields creeping higher. Bernanke […]
One of the hallmarks of an option based trading approach is the ability to accommodate various market conditions by varying the specific construction of your option trade in order to maximize the probability of success. In order to form a logical basis for trade selection, it is best to think in terms of each of […]
One of the hallmarks of an option based trading approach is the ability to accommodate various market conditions by varying the specific construction of your option trade in order to maximize the probability of success. In order to form a logical basis for trade selection, it is best to think in terms of each of […]
Read the Daily Market Report from Dave Evans, Professional Trader Pound continues to weaken Morning Report: 08.15 London • In the small hours of the morning, Australian interest rates were kept on hold as expected. “On hold” is an apt way to describe financial markets at […]
FOREX Daily Outlook by Easy-Forex.com EUR/USD reverses on Friday, US Jobs Strong U.S. Dollar Trading (USD) July Nonfarm Payrolls came in stronger than expected at 160k vs. 100k and this helped stocks and an already positive investor mood continue into the weekend. The USD was sold aggressively with the strong jobs numbers not seen strong […]
Read the Daily Market Report from Dave Evans, Professional Trader Euro slips back after payrolls boost Morning Report: 08.00 London • This morning, the euphoria following Friday’s Non Farm Payrolls is starting to slip as traders unwind their positions. While the better than expected jobs data […]
Elliott Wave International has long observed that external events do not alter the dominant trend of financial markets — not even major events like wars, natural disasters, terrorist attacks, political assassinations or any other news that makes headlines. Now, it is true that news can sometimes have a near-term effect on market prices. The July […]
FOREX Daily Outlook by Easy-Forex.com ECB Draghi Disappoints, EUR/USD Selling Target 1.2000 U.S. Dollar Trading (USD) the market was full of positive expectations going into the ECB press conference and the USD was on the back foot as the EUR/USD shorts were squeezed to day highs scared they would be caught on the wrong side […]
Read the Daily Market Report from Dave Evans, Professional Trader Kiwi leads cautious rebound Morning Report: 08.15 London • Markets have a bullish edge this morning, as traders look to unwind some of the reaction (over reaction) to yesterday’s ECB press conference. This morning’s reaction will […]
Read the Daily Market Report from Dave Evans, Professional Trader Aussie leads as markets wait for ECB Morning Report: 08.15 London • This morning, financial markets are rewinding some of the moves made yesterday in reaction to the Fed decision to not implement more quantitative easing. […]
Read the Daily Market Report from Dave Evans, Professional Trader US dollar slips back further Morning Report: 08.15 London • This morning there are some signs of an optimistic bias in the early opening salvos, particularly as the the US dollar index drops further from the […]
Chris Vermeulen talks about where precious metals are trading and what points a real breakout will be confirmed. Get these videos every day here: http://www.TradersVideoPlaybook.com Related Posts:Weekly forecast based on simplified wave analysis of… April 8, 2024 EUR/USDAnalysis:On the chart of the European currency, the direction of…Forex forecast 04/08/2024: EUR/USD, GBP/USD, USD/JPY, Gold… April 8, […]
Chris Vermeulen talks about where precious metals are trading and what points a real breakout will be confirmed. Get these videos every day here: http://www.TradersVideoPlaybook.com Related Posts:Weekly forecast based on simplified wave analysis of… April 8, 2024 EUR/USDAnalysis:On the chart of the European currency, the direction of…Forex forecast 04/08/2024: EUR/USD, GBP/USD, USD/JPY, Gold… April 8, […]
FOREX Daily Outlook by Easy-Forex.com Euro skepticism resurfaces The euro (EUR) recorded losses against most of its major counterparts as it was revealed that positive comments by the European Central Bank (ECB) President Draghi over the past week were not the result of any resolution or plan. Therefore, Thursday’s policy statement by the ECB and […]
Read the Daily Market Report from Dave Evans, Professional Trader Markets wait on central bank action Morning Report: 08.30 London • This morning financial markets are fairly quiet as markets await the bold action promised by the ECB and potentially other central banks. The ECB are […]
If you want to start Forex trading or currency trading, one of the first steps that you have to take is choosing a Forex broker. The majority of beginners in Forex usually do trials and errors until they can find the best broker that suits their needs. In order to save time and minimize trials […]
Financial markets always have and always will pose two basic questions that investors seek to answer: What’s the direction of the main trend? How far will it go? Systematic approaches to these questions commonly belong to either fundamental or technical analysis. Let’s consider each one briefly. Fundamental analysis studies how a market behaves in response […]
Read the Daily Market Report from Dave Evans, Professional Trader Markets slip back as traders wait for action Morning Report: 08.15 London • This morning, financial markets are giving back some of the gains from the previous week, despite a lack of significant bad news over […]
FOREX Daily Outlook by Easy-Forex.com Euro Break 1.2300 on Rising Hopes of ECB Action U.S. Dollar Trading (USD) although there are still plenty of doubts remaining about the new Eurozone measures yet to be announced optimism won out in the end on Friday and we saw fresh week highs on the EUR/USD into the weekend. […]
FOREX Daily Outlook by Easy-Forex.com “Euro is irreversible” The euro (EUR) recorded gains against most of its major counterparts as comments by the European Central Bank (ECB) President Draghi boosted the single currency. He was particularly firm, saying that the single currency is irreversible and that the ECB will do whatever it takes to preserve […]
