To anyone new to socionomics, the stock market is saturated with paradox. By Editorial Staff The following is an excerpt from a classic issue of Robert Prechter’s Elliott Wave Theorist. For a limited time, you can visit...
USDCHF Analysis. Being supported by the lower border of the rising price channel, USDCHF formed a short term cycle bottom at 1.0608 level on 4-hour chart. Sideways movement is expected in a range between 1.0608 and 1.0794....
By Nico Isaac In case you were hiding out Tiger Woods’ style far away from the mainstream media during the past month, let me be the first to say: January saw an abrupt end to the U.S....
Our friends over at Elliott Wave International have brought back one of their most sought after free resources for one week only. The Best of Trader’s Classroom eBook serves up the very best lessons from their popular...
USDCAD Analysis. USDCAD’s fall from 1.0779 extends to as low as 1.0579 level, suggesting that a short term cycle top has been formed at 1.0779 on 4-hour chart. Deeper decline to test 1.0545 key support would more...
USDCHF Analysis. USDCHF formed a short term cycle top at 1.0794 level on 4-hour chart. As long as the channel support holds, the pair is treated as in uptrend from 1.0132 and the falling from 1.0794 is...
USDCHF Analysis. Being contained by the upper border of the rising price channel on 4-hour chart, USDCHF pulls back from 1.0794, suggesting that a short term cycle top is being formed. Sideways movement is more likely be...
USDCHF Analysis. USDCHF’s uptrend extended to as high as 1.0794 level and reached the upper border of the rising price channel on 4-hour chart. Minor consolidation would more likely be seen later today. However, further rally is...
It’s not the news that creates forex market trends — it’s how traders interpret the news. By Vadim Pokhlebkin Today, the EUR/USD stands well below its November peak of $1.51. Find out what Elliott wave patterns are...
EURUSD Analysis. EURUSD drops sharply from 1.4026 and reaches the lower border of the falling price channel on 4-hour chart. Minor consolidation of downtrend could be expected later today, however, another fall towards 1.3600 is still possible...