Trading commodities is no easy task. You need guts, skill and patience to find and act on the opportunities — and avoid the pitfalls — inherent in commodity trading. What’s the one thing that helps?
USDCHF Analysis. USDCHF’s upward movement from 0.9421 extends to as high as 0.9678. Support is now located at the upward trend line on 4-hour chart, as long as the trend line support holds, uptrend could be expected...
By Elliott Wave International In June of 2002, the notorious dot.com bust was making way for a powerful housing boom, the European Union was growing, and American involvement in the Middle East promised a "quick and easy...
By Elliott Wave International You’ve heard it all before: If you want to trade using Elliott wave analysis, to succeed you first need to understand its rules and guidelines. You need a clearly defined trading strategy (what?...
USDJPY Analysis. USDJPY stays in a upward price channel on 4-hour chart. Support is at the lower line of the channel, as long as the channel support holds, the uptrend from 77.66 could be expected to resume,...
USDJPY Analysis. USDJPY’s fall from 80.62 extends to as low as 79.23. Further decline towards the lower line of the price channel on 4-hour chart could be seen, a clear break below the channel support will indicate...
USDCHF Analysis. USDCHF breaks above 0.9600 resistance, and reaches as high as 0.9628, suggesting that the downtrend from 0.9769 has completed at 0.9421 already. The pair is now in uptrend from 0.9421, further rise could be expected,...
USDCHF Analysis. USDCHF is facing 0.9600 resistance, as long as this level holds, the bounce from 0.9421 could be treated as consolidation of the downtrend from 0.9769, and another fall to 0.9300 is still possible after consolidation....
By Elliott Wave International We’ve all heard the line: Let me give it to you straight. And in speaking to his counterparts in Spain, an Irish economist did just that.
By Elliott Wave International Natural gas rallied 40% in the last two months. Is the cleaner alternative to crude oil braced for another big move to the upside?
