AUDUSD Analysis. AUDUSD continued its downward movement from 1.0764, and the fall extended to as low as 1.0019. Further fall towards 0.9927 (Aug 9 low) is still possible after a minor consolidation. Resistance is at the downtrend...
By Elliott Wave International The bursting of the "debt bubble" which started in 2008 is far from over. It’s the financial story of our age and it’s happening before our eyes. The full scope is hard to...
AUDUSD Analysis. AUDUSD may be forming a cycle bottom at 1.0148 on 4-hour chart. Further rally to test 1.0398 key resistance would likely be seen, a break above this level will indicate that the fall from 1.0764...
By Elliott Wave International So what is this popular investment approach? You’ve heard the answer before: Diversification. You probably know that the purpose of diversification is to spread risk across asset classes. The assumption is that if...
This excerpt from the special video issue of the August Elliott Wave Theorist brings you Bob Prechter’s analysis of the triple top that has been forming in the U.S. stock market over the past 12 years. Watch...
AUDUSD Analysis. AUDUSD broke below 1.0177 support and reached as low as 1.0148. Key resistance is at 1.0398, as long as this level holds, downtrend from 1.0764 could be expected to continue, and next target would be...
GBPUSD Analysis. GBPUSD failed to break above the downtrend line on 4-hour chart, and continues its downward movement from 1.6453. Further fall could be expected in a couple of days, and next target would be at 1.5600...
By Elliott Wave International So what is this popular investment approach? You’ve heard the answer before: Diversification. You probably know that the purpose of diversification is to spread risk across asset classes. The assumption is that if...
This excerpt from the special video issue of the August Elliott Wave Theorist brings you Bob Prechter’s analysis of the triple top that has been forming in the U.S. stock market over the past 12 years. Watch...
GBPUSD Analysis. GBPUSD is facing the resistance of the downtrend line on 4-hour chart, as long as the trend line resistance holds, the rise from 1.5707 is treated as minor consolidation of downtrend, and another fall to...