Prechter Legislature Video
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Month: March 2009
Daily Forex Analysis – March 18, 2009
GBPUSD Analysis. GBPUSD remains in short term uptrend from 1.3654 though the pullback from 1.4231 has extended to 1.3964 level. One more rise to test 1.4305 key resistance is still possible after consolidation and a break above...
Daily Forex Analysis – March 17, 2009
EURUSD Analysis. EURUSD breaks above 1.2991 (Feb 23 high) medium term key resistance, suggesting that the fall from 1.4719 (Dec 18, 2008 high) has completed at 1.2456 level. Further rally is expected to 1.3200 in a couple...
Daily Forex Analysis – March 16, 2009
AUDUSD Analysis. AUDUSD remains in short term uptrend from 0.6284. Further rise is still possible to 1.6700 zone later to days. Near term support is now located at the lower border of the price channel on 4-hour...
Daily Forex Analysis – March 13, 2009
GBPUSD Analysis. GBPUSD remains in downtrend from 1.4661 and the rise from 1.3654 is treated as correction of the downtrend. Near term resistance is located at 1.4100, as long as this level holds, we’d expect downtrend to...
6 Questions You Should Be Asking About the Financial Crisis (And 6 Must-Read Answers)
Elliott Wave International, the world’s largest market forecasting firm, receives thousands of questions every year from web site visitors and subscribers on their free Message Board. Here the company shares 6 of the recent critical questions on...
Daily Forex Analysis – March 12, 2009
USDCHF Analysis. USDCHF is in downtrend from 1.1848, and the price action from 1.1484 is treated as consolidation of the downtrend. Deeper decline is still possible in next several days, and next target would be at 1.1300...
Daily Forex Analysis – March 11, 2009
USDJPY Analysis. USDJPY continues to move sideways between 96.56 and 99.67. The price action in this range is treated as consolidation of the medium term uptrend from 87.12 (Jan 21 low). As long as 96.56 support holds,...
Daily Forex Analysis – March 10, 2009
EURUSD Analysis. EURUSD breaks below 1.2601 key support, suggesting that a short term cycle top has been formed at 1.2754 level on 4-hour chart. Consolidation in a range between 1.2456 and 1.2754 is expected in a couple...
Daily Forex Analysis – March 9, 2009
USDCHF Analysis. USDCHF broke below 1.1600 key support last week, suggesting that a short term cycle top has been formed at 1.1848 level on 4-hour chart. Deeper decline to test 1.1459 level is possible later today, below...