By Elliott Wave International Not knowing the truth can be hazardous in just about any type of situation, but especially when it comes to your financial future. To help you decipher market truth from myth, Elliott Wave...
By Elliott Wave International The following series is excerpted from two classic issues of Robert Prechter’s Elliott Wave Theorist. Although originally published in 2004, the valuable series has been re-released in the Independent Investor eBook, along with...
USDCHF Analysis. USDCHF’s bounce from 0.9244 extended to as high as 0.9469. Support is now at the upward trend line on 4-hour chart, as long as the trend line support holds, uptrend could be expected to continue,...
USDCHF Analysis. USDCHF had formed a cycle bottom at 0.9244 on 4-hour chart. Now the rise from 0.9244 would possibly be resumption of uptrend from 0.8569 (Oct 27 low), further rise to test 0.9546 resistance would likely...
EURUSD Analysis. EURUSD stays below a downward trend line on 4-hour chart, and remains in downtrend from 1.4246 (Oct 27 high), the price action from 1.2946 is likely consolidation of the downtrend. As long as the trend...
By Elliott Wave International The following series is excerpted from two classic issues of Robert Prechter’s Elliott Wave Theorist. Although originally published in 2004, the valuable series has been re-released in the Independent Investor eBook, along with...
By Elliott Wave International How often have you heard analysts refer to a down day on Wall Street as "traders taking profits"? Sounds great, but the sobering fact is that most traders — in futures, commodities, or...
By Elliott Wave International Since 1999, Elliott Wave International senior analyst and trading instructor Jeffrey Kennedy has produced dozens of Trader’s Classroom lessons exclusively for his subscribers. While commodity markets are known as some of the toughest...
By Elliott Wave International The following series is excerpted from two classic issues of Robert Prechter’s Elliott Wave Theorist. Although originally published in 2004, the valuable series has been re-released in the Independent Investor eBook, along with...
USDCHF Analysis. USDCHF is facing the support of the lower line of the price channel on 4-hour chart, a clear break below the channel support will suggest that the uptrend from 0.8569 has completed at 0.9546 already,...