Deflation is more than just "falling prices." Robert Prechter explains why. By Editorial Staff The following article is an excerpt from Elliott Wave International’s free Club EWI resource, "The Guide to Understanding Deflation. Robert Prechter’s Most Important...
How a 3-in-1 chart formation in cotton foresaw the January selloff By Nico Isaac For Elliott Wave International’s chief commodity analyst Jeffrey Kennedy, the single most important thing for a trader to have is STYLE— and no,...
By Editorial Staff Government debt is no longer just a problem for emerging countries. Portugal, Spain, France and Greece (as we have seen in recent weeks) are living in fear of credit default. Consequently, the value of...
GBPUSD Analysis. GBPUSD breaks below 1.5350 support and the fall from 1.5815 extends to as low as 1.5190 level. Deeper decline is still possible after a minor consolidation and next target would be at 1.5000 area. Resistance...
USDCAD Analysis. USDCAD might be forming a short term cycle top at 1.0593 level on 4-hour chart. Pullback to 1.0450 is expected later today. Resistance is now at 1.0593, above this level will suggesting that the fall...
"There is no group more subjective than conventional analysts." — Robert Prechter. By Vadim Pokhlebkin Elliott wavers sometimes hear the criticism that patterns in market charts can be "open to interpretation." For example, what looks like a...
EURUSD Analysis. Being contained by the upper border of the falling price channel, EURUSD pulls back from 1.3691, suggesting that a short term cycle top is being formed on 4-hour chart. Another fall towards 1.3400 is expected,...
By Editorial Staff Investor expectations are decidely bullish right now, and many people expect an economic turnaround this year. What do the underlying economic conditions suggest? The Chinese mall "The Place" demonstrates the contrast between investor hope...
EURUSD Analysis. EURUSD had formed a short term cycle bottom at 1.3443 level on 4-hour chart. Another bounce to test 1.3838 key resistance is expected later today. As long as this level holds, the price action from...
USDCHF Analysis. USDCHF dropped sharply from 1.0898 last week, suggesting that a short term cycle top had been formed on 4-hour chart. Range trading between 1.0608 and 1.0898 is expected in a couple of days. However, the...
