By Editorial Staff, Elliott Wave International The following market analysis is courtesy of Bob Prechter’s Elliott Wave International. Elliott Wave International is currently offering Bob’s recent Elliott Wave Theorist, free.
GBPUSD Analysis. GBPUSD has formed a cycle top at 1.5053 level on 4-hour chart. Now the fall from 1.5053 could possibly be resumption of downtrend from 1.5522. Deeper decline to re-test 1.4475 previous low support is possible...
By Robert Folsom, Elliott Wave International Please join me to consider a time in the stock market that lasted just under three years: 32 months, to be precise. During this period a series of powerful rallies stand...
USDCHF Analysis. USDCHF continues its sideways movement in a range between 1.0923 and 1.1245. However, the sideways movement is more likely consolidation of uptrend from 1.0434. As long as the support of the rising trend line holds,...
USDCHF Analysis. USDCHF remains in uptrend from 1.0434 and the price action from 1.1245 is more likely consolidation of uptrend. Support is at the rising trend line on 4-hour chart, as long as the trend line support...
USDCHF Analysis. USDCHF is forming a cycle bottom at 1.0923 level on 4-hour chart. Sideways movement in a range between 1.0923 and 1.1245 is expected in a couple of days. As long as the trend line support...
EURUSD Analysis. EURUSD has formed a cycle bottom at 1.2526 level on 4-hour chart. Range trading between 1.2526 and 1.3000 is expected in a couple of days. As long as 1.3000 level holds, the bounce from 1.2526...
By Robert Prechter, CMT Technical Indicators It is rare to have technical indicators all lined up on one side of the ledger. They were lined up this way—on the bullish side—in late February-early March of 2009. Today...
"A Deadly Bearish Big Picture" That’s the headline Robert Prechter gave to his just-published Elliott Wave Theorist. You can read that entire 10-page issue right now — for FREE! Continue reading to learn more or get it...
USDCHF Analysis. USDCHF has formed a cycle top at 1.1245 level on 4-hour chart. Sideways movement in a range between 1.1000 and 1.1245 would more likely be seen in a couple of days. However, the sideways movement...
