By Vadim Pokhlebkin
5/15/2012 9:15:00 PM
Today, EUR/USD, the exchange rate between the euro and U.S. dollar -- and also the world's most-traded forex market -- fell to near $1.27, a low not seen since January. Just two weeks ago, it stood almost 600 points (or pips, in forex lingo) higher. What if someone asked you back in April -- before this month's news from Europe -- where the euro would trade in May? For many forex traders, the answer would be...
Filed Under: debt crisis, Elliott wave, Elliott Wave trading, euro, euro/USD exchange rate, europe, European debt crisis, forex, forex trading, Greek debt, online trading, sentiment, technical analysis, technical indicators, U.S. dollar
Category: Currencies
By Vadim Pokhlebkin
5/14/2012 3:30:00 PM
The European single currency, the euro, was introduced in 1999. Today its report card -- and that of the eurozone -- looks impressive. Why, then, is the euro also quickly becoming one of the most suspect currencies in the world?
Filed Under: Elliott Wave trading, Elliott wave, European Union (EU), euro, euro stoxx 50, eurozone, euro/USD exchange rate, europe, european central bank, European debt crisis, socionomics
Category: Global Markets
EUR/USD: 2 Weeks of Declines. Now What?
Our Currency Specialty Service's new video update tells you where EUR/USD, USD/CHF and USD/CAD should go next week
By Vadim Pokhlebkin
5/11/2012 4:30:00 PM
Google "euro" in the news, and the headlines you get all sounds pretty negative. In fact, today's sentiment towards the euro brings to memory the summer of 2010. The euro had been falling for 6 months, and the headlines read...
Filed Under: Elliott wave, Elliott Wave trading, euro, forex, U.S. dollar
Category: Currencies
By Vadim Pokhlebkin
5/9/2012 3:15:00 PM
About once a week , the editor of EWI's forex-focused Currency Specialty Service, Jim Martens, records a video for his subscribers. The goal of each video is two-fold: to deliver a fresh market update, but also to teach a valuable lesson in Elliott wave analysis. Watch this 7-minute Aussie dollar video.
Filed Under: currency, Elliott wave, Elliott Wave trading, euro, euro/USD exchange rate, forex, forex trading, online trading, Swiss franc, trading lessons, U.S. dollar, usd/jpy
Category: Currencies
The Euro: Up to its “Neckline” in Opportunity
Elliott Wave Junctures’ latest video lesson reveals the form AND function of the head-and-shoulders pattern
By Nico Isaac
5/7/2012 5:45:00 PM
Without doubt, the Head-and-Shoulders chart pattern is one of the most popular within the world of technical analysis. The reason being -- as "old-school" as the H&S may seem to the budding school of high-tech digital chartists, this pattern never loses its value with age. To illustrate its timeless appeal, EWI's senior instructor Jeffrey Kennedy presents his May 4 Elliott Wave Junctures video lesson titled simply, "Head-And-Shoulders."
Filed Under: currency, Elliott wave, Elliott Wave trading, euro, head and shoulders pattern, Jeffrey Kennedy, Robert Prechter
Category: Trading Lessons
EUR/USD Dips Below $1.30
Was Mario Draghi's speech a bullish or bearish event for the euro? How about BOTH?
By Vadim Pokhlebkin
5/7/2012 5:30:00 PM
We've shown you before examples of how easy it is to interpret the same event as both bullish and bearish news for a market. Here's a fresh example. On May 3, the European Central Bank met to talk about interest rates. At that meeting, the ECB's chief Mario Draghi...
Filed Under: Elliott wave, Elliott Wave trading, euro, euro/USD exchange rate, european central bank, European debt crisis, european markets, eurozone, forex, forex trading, online trading, Swiss franc, technical analysis, U.S. dollar, usd/jpy
Category: Currencies
By Nico Isaac
5/4/2012 6:00:00 PM
It’s been two years since the sovereign debt crisis crashed onto the European shores. And, despite 1-plus trillion euros in emergency bailout loans, the region’s economy has -- as my British friends would say -- “gone pear-shaped.” So, is this what rock bottom feels like?
Filed Under: AEX, Bank of England, CAC40, DAX, diversification, Elliott wave, Elliott Wave trading, eu, euro, euro stoxx 50, euro/USD exchange rate, europe, european central bank, European debt crisis, european markets, European Union (EU), eurozone, FTSE, Swiss Market Index (SMI), technical analysis
Category: European Markets
By Vadim Pokhlebkin
5/2/2012 4:15:00 PM
The euro's slow upward grind from the April 15 low of near $1.31 ended with a bang on May 1. The violent decline that started that day and continued on May 2 very quickly -- as it usually happens -- erased almost all of the gains from the two-week rally. The move has been widely blamed on "European debt crisis worries." Of course...
Filed Under: Elliott wave, Elliott Wave trading, euro, euro/USD exchange rate, europe, european central bank, European debt crisis, European Union (EU), eurozone, forex, forex trading, technical analysis, U.S. dollar
Category: Currencies
By Vadim Pokhlebkin
5/1/2012 9:15:00 AM
To continue the "global investments" theme started by the recent interview with EWI's Asian-Pacific analyst about the markets in India, Pakistan, Sri Lanka and Indonesia, I also sat down with our own Brian Whitmer, EWI's European stock market analyst. -- Brian, these days it's easier than ever to get exposure to global markets, especially given the explosion in ETFs. But there are too many markets to focus on, and too many opinions about them. You chose Elliott wave analysis as your market-forecasting method. Why Elliott? Why not just watch the news, like most investors? Brian Whitmer: To be successful in the market, you need...
Filed Under: AEX, bailouts, Bank of England, brian whitmer, CAC40, DAX, debt crisis, diversification, Elliott wave, Elliott Wave trading, eu, euro, euro stoxx 50, euro/USD exchange rate, europe, european central bank, European debt crisis, european markets, European Union (EU), eurozone, FTSE, Swiss Market Index (SMI), technical analysis
Category: Global Markets
Why Consider This $4-Trillion-a-Day Market? Part II
Elliott Wave International's forex expert discusses the pros and cons of speculating in currencies vs. stocks
By Vadim Pokhlebkin
4/23/2012 2:30:00 PM
Elliott Wave International presents Part II of the interview with Jim Martens. (Read Part I here.)
Filed Under: currency, Elliott wave, Elliott Wave Education, Elliott Wave trading, euro, euro/USD exchange rate, eurozone, forex, forex trading, online trading, prechter, risk appetite, risk management, Swiss franc, U.S. dollar, U.S. Federal Reserve (the Fed), usd/jpy, volatility
Category: Currencies
Why Consider This $4-Trillion-a-Day Market? Part I
Elliott Wave International's forex expert discusses the pros and cons of speculating in currencies vs. stocks
By Vadim Pokhlebkin
4/19/2012 4:30:00 PM
Elliott Wave International presents Part I of the interview with its Senior Currency Strategist, Jim Martens: Jim, our readers often tell us that they want to make money trading the markets. There are lots of options for would-be speculators out there. Your area is forex -- the market which has grown by leaps and bounds lately. Can you explain why I'd want to look at forex and not, say, the more "traditional" stock trading? Jim Martens: ...
Filed Under: Elliott wave, Elliott Wave Education, Elliott Wave trading, euro, euro/USD exchange rate, eurozone, forex, forex trading, online trading, short selling, sterling, Swiss franc, technical analysis, technical indicators, U.S. dollar
Category: Currencies
By Vadim Pokhlebkin
4/16/2012 5:30:00 PM
On Friday (April 13), U.S. jobless claims rose -- but the U.S. dollar didn't fall against the euro; it gained. On Monday (April 16), U.S. retail sales rose sharply -- but the USD didn't rally; it gave back to the EUR almost all of Friday's gains. Go figure. Of course...
Filed Under: Elliott wave, Elliott Wave trading, euro, forex, forex trading, technical analysis, technical indicators, trading lessons, U.S. dollar
Category: Currencies
April is Half-Way Over. What Will the 2nd Half Bring?
With more than 50 charts on 50 pages, Global Market Perspective is the most comprehensive source of independent, insightful global Elliott wave analysis you'll ever find
By Vadim Pokhlebkin
4/16/2012 3:45:00 PM
At the start of April, few investors anticipated any trouble ahead. March ended strong, and the majority of financial pundits and investors we convinced that April would also not disappoint. That one-sided bullishness was one (of many) reason why on March 30, the April issue of our comprehensive Global Market Perspective issued these warnings to subscribers...
Filed Under: AEX, AIG, ASX All Ordinaries, Bank of Japan, BRIC, Chinese markets, Elliott wave, Elliott Wave trading, emerging markets, euro, eurozone, FTSE, Indian markets, investment decisions, investment strategy, SENSEX, Shanghai Composite Index, Swiss Market Index (SMI), Taiwan index, technical analysis, technical indicators
Category: Global Markets
EUR/CAD Update: Elliott Wave Analysis Still Going Strong
Learn what tools helped EWI's Currency Specialty Service to stay one step ahead of this forex market's biggest near-term turns
By Nico Isaac
4/13/2012 6:30:00 PM
If investing in stock markets is akin to riding a slow moving camel through the open desert, then speculating in forex markets is like riding a wild, bucking rodeo bronco. The trick is to stay on through every major near-term twist and turn before face-planting it into the ground below. Today we're walking through one such example of how EWI's forex-focused Currency Specialty Service used Elliott wave analysis to stay in the saddle for the recent down-up-down ride in the Euro/Canadian Dollar cross rate (EUR/CAD).
Filed Under: currency, Elliott wave, Elliott Wave trading, euro, forex, forex trading
Category: Currencies
EUR/CAD Erases 3 Weeks of Gains in One Week's Time: See Why
What helped EWI's Currency Specialty Service foresee an Elliott wave pattern that signaled the start of the powerful turn down?
By Nico Isaac
4/5/2012 2:15:00 PM
How do you decide when to enter or exit a forex trade? Well, let's put a real-world example on the table, shall we? The following chart of EUR/CAD cross rate since mid-March makes an obvious case for the March 30 peak being the best time to have gotten on board this market. From there, the EUR/CAD erased three weeks of gains in one week's time.
Filed Under: currency, Elliott wave, Elliott Wave trading, euro, forex
Category: Currencies
By Vadim Pokhlebkin
4/3/2012 2:30:00 PM
Here's a paradox for you. On Monday (April 2), unemployment in the 17 euro nations reached a record high of 10.8% -- highest ever since the euro was introduced in 1999. Reports say eurozone manufacturing activity had fallen to a 3-month low. The words "Eurozone recession" are being muttered. Meanwhile, the latest U.S. employment and manufacturing reports have been strong. You'd think the euro would be crushed -- but no. Why?
Filed Under: Elliott wave, Elliott Wave trading, eu, euro, euro/USD exchange rate, European Union (EU), eurozone, forex, forex trading, technical analysis, technical indicators, trading lessons, U.S. dollar, unemployment
Category: Currencies
By Vadim Pokhlebkin
4/2/2012 1:00:00 PM
At least once a week usually, the editor of EWI's forex-focused Currency Specialty Service, Jim Martens, records a video for his subscribers. Watch as he delivers this valuable 4-minute Elliott wave lesson using EUR/USD as an example.
Filed Under: Elliott wave, Elliott Wave trading, euro, euro/USD exchange rate, eurozone, forex, forex trading, technical analysis, technical indicators, trading lessons, U.S. dollar
Category: Currencies
By Nico Isaac
3/30/2012 6:30:00 PM
Let's hear it for European equities. The major stock markets across the pond saw their best first-quarter winning streak since 2006. And while many experts are waiting to see how the markets deal with Europe's austerity measures -- the April 2012 European Financial Forecast lets the cat out the bag: "European Stocks Have Already Signaled" their next move. Take note, because this is what it feels like to watch history in the making.
Filed Under: AEX, banks, CAC40, DAX, debt, diversification, Elliott wave, Elliott Wave trading, eu, euro, euro stoxx 50, europe, european central bank, European debt crisis, european markets, European Union (EU), eurozone, FTSE, Greek debt, inflation, Swiss Market Index (SMI)
Category: European Markets
The Double-Edged U.S. Dollar? Not So Fast
EWI's Currency Specialty Service provides an objective way to get a strong "hold" on the EUR/Dollar's near-term trend.
By Nico Isaac
3/26/2012 4:45:00 PM
Mainstream economists maintain that the US dollar is a sure-fire "safe haven." That means the dollar's demand rises as the global economic picture gets worse. Indeed, we've seen the USD rally during many crises over the past few years, most notably during the worst of the 2007-2009 financial crisis, when even the US economy was not spared.
Filed Under: currency, Elliott wave, Elliott Wave trading, euro, U.S. dollar
Category: Currencies
EUR/USD: What's In a Chart? A LOT
A real-world example of the advantage Elliott wave forex traders can have
By Vadim Pokhlebkin
3/23/2012 5:15:00 PM
Many forex traders use technical chart analysis -- most commonly, momentum indicators like the RSI and MACD. But in conventional finance, rarely do you ever hear anyone mention Elliott wave analysis among their trading tools. To which we can say: their loss. Those who trade currencies with Elliott often have a leg up on competition. Let me show you an example.
Filed Under: Elliott wave, Elliott Wave trading, euro, forex, forex trading, Moving Average Convergence Divergence (MACD), Relative Strength Index (RSI), technical analysis, technical indicators, trading lessons, U.S. dollar
Category: Currencies