Sentiment is one of the most valuable indicators we have in financial markets. Read more: http://bit.ly/1gKoJBm Learn How the Wave Principle Can Improve Your Trading Related Posts:Market Comment – Dollar slides, gold shines after soft US… May 10, 2024 Dollar drops as jobless claims signal labor market is losing…Midweek Technical Look – EURUSD, Gold, US […]
USD/CAD Elliott Wave Since our last analysis, the USD/CAD pair has been trading upwards, just like we expected, we have slightly adjusted our primary view, but the trend stayed unchanged. In the 1-hour chart of the pair, we can see that we are looking at the corrective (X) wave (coloured red) as the Triangle pattern […]
AUD/USD Elliott Wave The AUD/USD pair has been trading downwards for last few sessions, since our short-term low gave up, we need to re-adjust our count a little bit. In the 1-hour chart of the AUD/USD pair, we are seeing a corrective pattern from the 0.1027 level, this is taking the shape of the FLAT […]
Today’s Suppor and Resistance levels: R3: 1.6376 R2: 1.6269 R1: 1.6230 Current spot: 1.6225 S1: 1.6184 S2: 1.6137 S3: 1.6109 Technical summary: Wave iii of the ending diagonal ended at 1.6086 and wave iv is currently unfolding towards 1.6450 from where the final wave v lower is expected. The internal waves of an ending diagonal […]
Today’s Support and Resistance levels: R3: 142.24 R2: 141.99 R1: 141.74 Current spot: 141.52 S1: 141.29 S2: 141.06 S3: 140.73 Technical summary: The consolidation in red wave iv has become more complex and a small triangle could be forming, but once this consolidation is over a new decline into the target area between 139.79 and […]
How to unlearn one of the most important lessons of your financial education: http://bit.ly/1gGBgG1 Learn How the Wave Principle Can Improve Your Trading Related Posts:Banks Q1 earnings: Weak results despite stock outperformance… April 10, 2024 US banks kick off Q1 earnings on Friday before opening bell Earnings…US CPI data unlikely to ease sticky inflation worries, but… April […]
USD/CAD Elliott Wave The USD/CAD pair has followed our plan from last analysis very good, wave (iii) (coloured green) of the bigger wave [c] (coloured black) has been developing. In the short term chart above, we can see the strong rally from the 1.1020 level (current end of the (ii) wave) towards the 1.1195 level, […]
AUD/USD Elliott Wave Since our last analysis, the AUD/USD pair has been trading upwards, just like we expected, impulsive wave iii (coloured blue) of the bigger wave (iii) (coloured green) has been developing. In the 1-hour chart of the pair above, we can see that pullback in the ii wave has ended at the 0.9629 […]
Robert Prechter forecasted more than 10 years ago that the War on Drugs would become more violent, leading eventually to the decriminalization of the possession and sale of recreational drugs. The Socionomist followed up in 2009 with an in-depth story by Euan Wilson called “The Coming Collapse of a Modern Prohibition.” We published an update […]
Today’s Support and Resistance levels: R3: 1.6315 R2: 1.6252 R1: 1.6195 Current spot: 1.6183 S1: 1.6158 S2: 1.6134 S3: 1.6086 Technical summary: The complex correction that began at 1.7153 in early August last year countinues to frustrate the overall picture. At this point, it is unclear whether the second zig-zag rally has begun or the […]
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 […]
