What if you could learn tips from a trader who has been in the markets for 37 years — someone who has been through the school of hard knocks and emerged with an audited compounded average annual...
AUDUSD Analysis. AUDUSD’s downward movement from 1.0543 extends to as low as 1.0167. Resistance is now at the upper border of the price channel on 4-hour chart, as long as the trend line resistance holds, another fall...
EURUSD Analysis. EURUSD breaks below the upward trend line on 4-hour chart. Further decline to test 1.2465 key support would likely be seen, as long as this level holds, the fall from 1.2636 could be treated as...
EURUSD Analysis. EURUSD stays above a upward trend line on 4-hour chart, and remains in uptrend from 1.2241. Initial support is at the trend line, as long as the trend line support holds, uptrend could be expected...
By Elliott Wave International On the day when the Fed Chairman Ben Bernanke delivers his much-anticipated speech in Jackson Hole, we want to tell you about an emerging forex opportunity which…
GBPUSD Analysis. GBPUSD stays in a trading range between 1.5753 and 1.5911. The price action in the range is likely consolidation of the uptrend from 1.5490. Support is at 1.5753, as long as this level holds, another...
Jim Martens is the Senior Currency Strategist at Elliott Wave International — the world’s largest market-forecasting firm.
By Elliott Wave International In the late ’70s, Peter Brandt emptied his trading accounts several times. He’d lose a string of trades, then refund his account, then "wipe out" all over again. But he persisted because he...
EURUSD Analysis. EURUSD breaks below the lower line of the price channel on 4-hour chart, suggesting that lengthier consolidation in the range between 1.2465 and 1.2589 is underway. Key support is at 1.2465, as long as this...
EURUSD Analysis. EURUSD trades in a range between 1.2465 and 1.2589. The price action in the range is likely consolidation of the uptrend from 1.2241. Initial support is at the lower line of the price channel on...