By Elliott Wave International Talk with an investment advisor, and what’s the first piece of advice you will hear? Diversify your portfolio. The case for diversification is repeated so often that it’s come to be thought of...
GBPUSD Analysis. GBPUSD stays above a rising trend line on 4-hour chart and remains in uptrend from 1.5344 (Dec 28, 2010 low), the fall from 1.6277 treated as consolidation of uptrend. Sideways movement in a range between...
GBPUSD Analysis. GBPUSD failed to break above 1.6298 (Nov 4, 2010 high) resistance and pulled back from 1.6277 last week, suggesting that a cycle top had been formed on 4-hour chart. However, the fall from 1.6277 is...
We have had great interest in Trading the Line, a FREE 14-page eBook by our friends at Elliott Wave International (EWI). Due to its popularity, EWI has agreed to extend the time you can get this FREE...
USDJPY Analysis. USDJPY remains in downtrend from 83.20, and the bounce from 81.31 is treated as consolidation of downtrend. Resistance is at 81.85, as long as this level holds, downtrend could be expected to continue and next...
By Elliott Wave International Technical analysis of financial markets does not have to be complicated. Here are EWI, our main focus is on Elliott wave patterns in market charts, but we also employ other tools — like...
GBPUSD Analysis. GBPUSD’s upward movement from 1.5751 extended to as high as 1.6162 level. Initial support is at 1.6075, as long as this level holds, uptrend could be expected to continue and next target would be at...
AUDUSD Analysis. AUDUSD continued its sideways movement in a range between 0.9803 and 1.0076. Lengthier consolidation in the range is still possible in a couple of days. Key support is at 0.9832, a breakdown below this level...
GBPUSD Analysis. GBPUSD’s bounce from 1.5751 extended to 1.5989 only, the subsequent fall suggests that lengthier sideways consolidation in a trading range between 1.5751 and 1.6058 is underway. However, as long as 1.5751 support holds, uptrend could...
By Elliott Wave International Since its creation in 1913, the primary intended role of the U.S. Federal Reserve Bank has been that of protector. In theory, the central bank was bestowed with the power to shape monetary...
