By Elliott Wave International We can now add the recent uprisings in North Africa and the Middle East to the category of life imitating art — specifically, music lyrics. Those who lived through the 1980s might be...
USDCHF Analysis. USDCHF might be forming a cycle top at 0.9368 level on 4-hour chart. Another fall to test 0.9201 key support would likely be seen later today, a break below this level will indicate that the...
EURUSD Analysis. Being supported by the rising price channel on 4-hour chart, EURUSD rebounded from 1.3855. Further rise towards 1.4035 previous high would likely be seen later today, a break above this level will indicate that the...
By Elliott Wave International What advantages does the Wave Principle offer to traders? Here’s one of the big advantages of using the Wave Principle when trading: you can increase your understanding of how current price action relates...
GBPUSD Analysis. GBPUSD’s fall from 1.6343 extended to as low as 1.6125. Deeper decline towards the rising trend line on 4-hour chart is still possible later today. Uptrend could be expected to resume after touching the trend...
The Socionomics Conference offers the latest insights from this groundbreaking new science. Socionomics is the fruition of Bob Prechter’s insight regarding social mood. This comprehensive theory is helping investors connect the dots from the past to the...
GBPUSD Analysis. GBPUSD broke below 1.6215 support, suggesting that a cycle top has been formed at 1.6343 level on 4-hour chart. Pullback towards the uptrend line from 1.5751 to 1.6030 would likely be seen in a couple...
GBPUSD Analysis. GBPUSD moved sideways in a range between 1.6215 and 1.6343. The price action in the range is treated as consolidation of uptrend from 1.6030. Initial support is at 1.6215, as long as this level holds,...
By Elliott Wave International Breaking News Bulletin: News Is NOT the Main Driver of Stock Market Trends A FREE myth-busting report from Club EWI reveals the real force behind long-term trend in financial markets
AUDUSD Analysis. Being contained by 1.0199 resistance, AUDUSD formed a sideways consolidation in a range between 1.0085 and 1.0201. The price action in the trading range is more likely consolidation of uptrend from 0.9943, a break above...
