By Elliott Wave International Financial transparency is a must for U.S. publicly traded companies. But if the federal government had to abide by those same regulations, more Americans would know that the often-reported $16.1 trillion federal debt...
EURUSD Analysis. EURUSD bounces strongly to as high as 1.3279, and is now facing 1.3308 previous high resistance, a break above this level will signal resumption of the longer term uptrend from 1.2661, then next target would...
USDJPY Analysis. USDJPY is facing 88.40 previous high resistance, a break above this level will signal resumption of the uptrend from 82.11, then next target would be at 90.00 area. Initial support is at the lower line...
USDJPY Analysis. After touching the lower line of the price channel on 4-hour chart, USDJPY rebounds from 86.82, suggesting that a cycle bottom is being formed. Further rise could be expected, and next target would be at...
USDJPY Analysis. USDJPY may be forming a cycle top at 88.40 on 4-hour chart. Pullback to the lower line of the price channel would likely be seen. As long as the channel support holds, the fall is...
AUDUSD Analysis. AUDUSD remains in uptrend from 1.0344, the fall from 1.0527 is likely correction of the uptrend. Further rise to test 1.0527 resistance is possible, and a break above this level could signal resumption of the...
By Elliott Wave International Think about one of those movie scenes when the leading man does all he can to defeat the big, bad enemy — punches, kicks, slams, stabs, shoots — but the bad guy just...
By Elliott Wave International First, a word on how we all are conditioned to think that, "momentum will remain constant unless acted on by an outside force." Read this excerpt from Robert Prechter’s May 2004 Elliott Wave...
AUDUSD Analysis. AUDUSD has formed a cycle top at 1.0527 on 4-hour chart. Pullback to 1.0420 area would likely be seen. Key support is at 1.0344, as long as this level holds, the fall could be treated...
EURUSD Analysis. EURUSD remains in uptrend from 1.2661, the fall from 1.3308 is likely consolidation of the uptrend. Deeper decline would likely be seen, and the target would be at 1.3100 area. Key resistance is at 1.3308,...
