By Elliott Wave International On September 22, the Dow and S&P opened down over 2.5%. Oil was down, copper was down, and even GOLD was down sharply. Watch this video excerpt from Robert Prechter’s special video issue...
AUDUSD Analysis. AUDUSD has formed a cycle bottom at 0.9622 on 4-hour chart. Further rise to test the resistance of the downtrend line is possible, as long as the trend line resistance holds, the price action from...
USDJPY Analysis. USDJPY stays below a downtrend line on 4-hour chart, and remains in short term downtrend from 77.85. As long as the trend line resistance holds, downtrend could be expected to continue, and on more fall...
Bob Prechter has just released a FREE report — with urgent analysis from his August and September 2011 Elliott Wave Theorist market letters. It will help you put these uncertain markets into perspective so that you’ll be...
By Elliott Wave International Do your decisions rely on data, or do you go with your gut? Think about your most recent auto purchase. Was it based on meticulous consumer research or did you go with a...
EURUSD Analysis. EURUSD broke below 1.3499 support and reached as low as 1.3386. Further decline would likely be seen in next several days, and next target would be at 1.3200 area. Resistance is at 1.3600, only break...
AUDUSD Analysis. AUDUSD continued its downward movement from 1.0764, and the fall extended to as low as 1.0019. Further fall towards 0.9927 (Aug 9 low) is still possible after a minor consolidation. Resistance is at the downtrend...
By Elliott Wave International The bursting of the "debt bubble" which started in 2008 is far from over. It’s the financial story of our age and it’s happening before our eyes. The full scope is hard to...
AUDUSD Analysis. AUDUSD may be forming a cycle bottom at 1.0148 on 4-hour chart. Further rally to test 1.0398 key resistance would likely be seen, a break above this level will indicate that the fall from 1.0764...
By Elliott Wave International So what is this popular investment approach? You’ve heard the answer before: Diversification. You probably know that the purpose of diversification is to spread risk across asset classes. The assumption is that if...
