By Elliott Wave International As the news from Europe about bailouts and the euro’s viability changes by the hour, EWI’s European editor, Brian Whitmer, doesn’t see the uncertainty as a problem. In fact, he points out that...
In 1999, 11 European countries surrendered their currencies for the euro and a shared monetary authority. Barely a decade later, the once-celebrated EU and its currency are facing collapse. Elliott Wave International has just published a free...
EURUSD Analysis. EURUSD is facing resistance of the price channel on 4-hour chart, a clear break above the channel will indicate that the downtrend from 1.4246 had completed at 1.3212 already, then the following upward move could...
USDCHF Analysis. USDCHF had formed a cycle top at 0.9329 on 4-hour chart. Range trading between 0.9085 and 0.9329 would likely be seen in a couple of days. As long as 0.9085 support holds, the price action...
By Elliott Wave International What is the real problem with today’s market? Watch this excerpt from Robert Prechter’s special, video issue of the August 2011 Elliott Wave Theorist. Prechter shows you how the buildup of dollar-denominated debt...
USDCHF Analysis. USDCHF broke below the lower line of the price channel on 4-hour chart, suggesting that lengthier consolidation of uptrend from 0.8569 is underway. Range trading between 0.9085 and 0.9329 would likely be seen in a...
AUDUSD Analysis. AUDUSD has broken above the downward trend line on 4-hour chart, suggesting that the downtrend from 1.0342 has completed at 0.9663 already. Lengthier consolidation of the longer term downtrend from 1.0751 would likely be seen...
AUDUSD Analysis. AUDUSD stays below a downward trend line on 4-hour chart, and remains in downtrend from 1.0342. As long as the trend line resistance holds, downtrend could be expected to continue after a minor consolidation and...
AUDUSD Analysis. AUDUSD continued its downward move yesterday, and the fall extended to as low as 0.9663. Resistance remains at he downward trend line on 4-hour chart, as long as the trend line resistance holds, downtrend could...
By Elliott Wave International In an interview with the Mind of Money, Robert Prechter stresses the importance of keeping your money safe in this bear market environment. According to the Elliott wave model, we have entered a...
