Goldman Sachs Charged With Fraud: Who Could Have Guessed? Part II

by | April 22, 2010 15:50
By Elliott Wave International In the November 2009 issue of Elliott Wave International’s monthly Elliott Wave Financial Forecast, co-editors Steven Hochberg and Peter Kendall published a careful study of Goldman Sachs company history — and made a...

Daily Forex Analysis – April 21, 2010

by | April 21, 2010 09:54
USDCAD Analysis. USDCAD formed a cycle top at 1.0215 level on 4-hour chart and dropped sharply to as low as 0.9970 level. Deeper decline to test 0.9953 previous low support is still possible later today, a breakdown...

Goldman Sachs Charged With Fraud: Who Could Have Guessed? Part 1

by | April 20, 2010 11:38
By Vadim Pokhlebkin April 16, (Reuters) – Goldman Sachs Group Inc was charged with fraud on Friday by the U.S. Securities and Exchange Commission in the structuring and marketing of a debt product tied to subprime mortgages.

Daily Forex Analysis – April 20, 2010

by | April 20, 2010 11:33
USDJPY Analysis. USDJPY might be forming a cycle bottom at 91.60 level on 4-hour chart. Bounce towards the falling trend line from 94.68 to 93.71 would more likely be seen in a couple of days, a break...

Daily Forex Analysis – April 19, 2010

by | April 19, 2010 11:13
USDJPY Analysis. USDJPY continues its downward movement from 94.68 and the fall has reached as low as 91.87 level. Deeper decline is still possible in a couple of days and next target would be at 91.00 area....

Raising The BAR: Bar Patterns & Trading Opportunities

by | April 17, 2010 13:14
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, we’re not talking business casual versus sporty chic. Trading “style,” as...

Daily Forex Analysis – April 16, 2010

by | April 16, 2010 12:04
GBPUSD Analysis. GBPUSD remains in uptrend from 1.4798. Initial support remains at the rising trend line on 4-hour chart, as long as the trend line support holds, uptrend could be expected to continue and next target would...

Blaming "Market Manipulators" For Losses is a Huge Obstacle to Success

by | April 15, 2010 08:40
By Editorial Staff In 1984, Elliott Wave International’s founder and president Robert Prechter won the U.S. Trading Championship, setting a new all-time profit record of 444.4% in a monitored real-money options account in 4 months. In the...

Daily Forex Analysis – April 15, 2010

by | April 15, 2010 08:37
EURUSD Analysis. EURUSD trades in a trading range between 1.3546 and 1.3691. The price action in the range is more likely consolidation of uptrend from 1.3282. As long as 1.3546 support holds, one more rise to test...