131 Results

Forex: Why It Pays to Look Beyond U.S. Dollar Pairs

Updated: October 9, 2017

Learn which non-dollar pairs present the best opportunities right now.

Are U.S. Dollar Speculators Woefully Wrong -- Again?

Updated: October 4, 2017

Why do investors keep making the same mistakes -- i.e., buying at highs and selling at lows? The answer is that their psychology never changes. If you're an independent thinker, you can potentially benefit from this knowledge. Let's take a look at the U.S. Dollar Index.

Loonie Bulls: Don't Thank the Bank of Canada for the Currency's Strength

Updated: September 27, 2017

In early September, the USD/CAD plunged to a 2-year low; meaning, the Canadian dollar soared to its highest level against the U.S. dollar since 2015. Per some experts, the Bank of Canada's back-to-back rate hikes are the catalyst for the move. But we see a glaring flaw in that logic.

U.S Dollar: Plenty of Optimists + Elliott Waves = Financial Opportunity

Updated: September 20, 2017

The U.S. Dollar Index has been on a steady slide since its January high, and one foreign exchange strategist expects the downward trend to continue. But financial markets often move in the opposite direction from the prevailing sentiment. See how this knowledge can help you seize opportunities that most others miss.

Investors: Taking the Road "Less Traveled" Has Its Perks

Updated: September 12, 2017

Using the same market indicators everyone else uses can lead you to make the same mistakes everyone else makes. Here's a chart that proves the point -- you won't see this one elsewhere.

Bitcoin's Surge Leaves Other Financial Bubbles "in the Dust"

Updated: September 1, 2017

EWI first discussed Bitcoin when the currency traded for pennies. The Bitcoin craze has since dwarfed that of Holland's Tulip Mania. Prepare now for some major "crypto-drama."

Brexit & Beyond: What's Next for Top FX Cross Rates Pairs

Updated: August 24, 2017

Our Senior Cross Rates Analyst and Currency Pro Service co-editor discusses the uncertainty surrounding Brexit and explains how Elliott wave analysis helps him get clarity.

New FX Opportunities to Watch Right Now

Updated: August 23, 2017

Learn what's in store for key dollar pairs in this new interview with Jim Martens, the editor of our Currency Pro Service.

Forget Politics: Here's a Better Way to Predict the U.S. Dollar's Trend

Updated: August 9, 2017

Today's euro-negative sentiment extreme among a certain trader group means that the dollar may soon resume its long-term upward trend. See it for yourself.

Canadian Dollar: From "Ugly Duckling" to Soaring Swan

Updated: July 20, 2017

In early May, the Canadian dollar was the "ugly duckling of currencies," shrinking to a 15-month low against its U.S. counterpart. That's when Elliott wave analysis identified a "delicious opportunity" for a swan-like transformation. Behold the full story!

USDJPY: The "Safety Play" That Wasn't

Updated: July 7, 2017

In mid-June, a "safety play" of money flowing into the Japanese yen was supposed to bolster the yen against the U.S. dollar. But instead, it did the exact opposite, with the yen falling to a two-month low in early July. The reason why might surprise you.

Down Dollar Down: Time for "UP"?

Updated: July 7, 2017

See how high and low extremes in the Dollar signal important market turns.

"We're looking at two stories in the U.S. dollar right now" (Part 2 of 2)

Updated: June 19, 2017

In part 2 of this interview with Jim Martens, he tells you why his view on the U.S. dollar is "splintered" right now, in terms of strength vs. weakness. He also talks about recent price action in the British pound and discusses where he expects the market to go from here.

"We're looking at two stories in the U.S. dollar right now" (Part 1 of 2)

Updated: June 16, 2017

Jim Martens tells you why his view on the U.S. dollar is "splintered" right now, in terms of strength vs. weakness.

EURUSD: How to "Peek" Around 2 "Corners" at Once

Updated: June 16, 2017

As is often the case before a big news event, EURUSD went mostly sideways into the June 14 Fed meeting. Traders were waiting to see what the Fed does and says. But here's what Elliott wave forex traders saw...

British Pound Falls… Why This Goes Deeper Than the UK Election Shocker

Updated: June 9, 2017

When calculating the odds of a political victory, accounting for voters' mood may be more important than adding up all the rational pros and cons. Financial markets are also governed by traders' collective mood to a much larger degree than the mainstream finance has been willing to consider.

Higher Interest Rates: "Good" for the U.S. Dollar?

Updated: June 6, 2017

Financial news networks spend untold hours debating with their guests as to whether interest rates will rise or fall -- and the effect that will have on the currency. But what if they argued ... over nothing? See this chart and analysis from Murray Gunn and decide for yourself.

Where Have All the Dollar Bulls Gone?

Updated: May 24, 2017

This Chart of the Day gives you our latest Elliott wave count for the dollar, and reveals an extreme in sentiment that most traders don’t even look at. What it says right now is crucial to all USD traders.

EURGBP: A Picture of Elliott Wave Precision

Updated: May 22, 2017

One minute, strong UK economic data “causes” the British pound to surge against the euro. And then the next, that same data… is futile against a pound selloff. Any questions? The real story behind the EURGBP leaves no room for doubt!

EURJPY: Come on Doooowwwwn! The Price Trend is Right

Updated: May 19, 2017

In early April, all fundamental signs pointed DOWN for the euro/yen currency exchange rate. But instead of falling, the euro went against the bearish current and soared against the Japanese yen. It’s time you knew the reason why. 

Macron Wins and the Euro... Falls? Excusez-moi!

Updated: May 10, 2017

According to the mainstream experts, Emmanuel Macron's victory in May 7's French Presidential Election was also a victory for the euro. And yet, the euro turned down against the U.S. dollar following his win. No surprise here!

Currencies: Here's What We're Watching

Updated: April 19, 2017

Michael Madden explains the outlook for the British pound and currency markets in general and whether they have been affected by the UK's call for a snap election.

EURUSD: "We're at an Interesting Juncture"

Updated: April 13, 2017

Jim Martens talks about a pattern in EURUSD that's been years in the making and what it implies for future price action.

GBPUSD: Imagine It's Early 2016

Updated: April 6, 2017

Imagine it's early 2016. Brexit hasn't yet happened. No one thinks it will. The British pound is trading near 1.45. You put your best Elliott wave count on a monthly GBPUSD chart -- and see this incredibly bearish picture emerge...

EURUSD: A "Technical" Development?

Updated: March 31, 2017

Most conventional market analysts reach for explanations rooted in technical analysis only when they can't find a reason based in market fundamentals. All you see is a "broken" technical support or resistance price level, which probably sent a psychological signal to the market.

U.S. Dollar: "Clearly on Life-Support"

Updated: March 27, 2017

Knowledge of sentiment measures combined with a market's Elliott wave pattern is key in forecasting. The U.S. Dollar Index provides a perfect example. Read what our March 24 Short Term Update has to say.

Forex Markets: Ain't Misbehavin'

Updated: March 24, 2017

On March 24, the Aussie dollar slipped to its lowest level in two weeks. But, according  to some mainstream experts, there was no reason for the currency’s fall. From an Elliott wave perspective, however, the reason was plain as day.

See the Top Forex Markets that are Poised to Move -- Right Now

Updated: March 24, 2017

Jim Martens, the editor of our Currency Pro Service, gives an overview of the currency markets he follows and talks about a couple opportunities he's keeping his eye on.

EURUSD: When Price Pattern Trumps Other "Reasons"

Updated: March 3, 2017

On March 1, the U.S. dollar did something it hadn't done in almost two months: It got stronger. Two reasons were behind the move, said analysts: The Fed's imminent rate hike, and, President Trump's widely-covered address to Congress. But here's one reason many have overlooked.

Will the U.S. Dollar Keep Winning?

Updated: March 1, 2017

See what to make of the recent U.S. dollar strength in this new interview with Forex Experts Jim Martens and Michael Madden.

Roses Are Red... and So's Been EURUSD's Trend

Updated: February 14, 2017

Roses are red. Violets are blue. The fundamental stage was set for the euro to rise... but instead it went boo hoo. The reason why might surprise you.

Getting a Handle on Volatility in British Pound

Updated: January 12, 2017

Whether you look at other markets, politics or something else to explain a market move, you’re explaining a move that’s already happened. And for a trader, the real question is, "What will the market do tomorrow?" Let's look at how Elliott wave analysis handles it.

"Sell those euros. Sell'em."

Updated: January 5, 2017

Two days before the New Year’s Eve, I got an insistent email from a colleague. Jim Martens, our Senior Currency Strategist, sent me a message with only a subject line: “Sell those euros. Sell'em.”

The Latest "Mystery Move" in the Euro Explained

Updated: January 3, 2017

Elliott waves and sentiment extremes often anticipate financial market moves that baffle mainstream market observers. For example, a recent surge higher in the euro was called a "mystery move." Here's what we called it.

Why The Euro's Late 2016 Crash Was... 2 Years in the Making

Updated: December 30, 2016

For nearly two years, the euro has been mired in a sideways holding pattern... until now. In late November, the currency woke DOWN from its sideways slumber and plunged to a 14-year low against the U.S. dollar. The reason for the euro's crash might surprise you.

Forex Traders: A Surprising Lesson from Commodities

Updated: December 20, 2016

In February 2011, sugar prices reversed from a 30-year high to embark on a 40% crash to one-year lows. Turns out, sugar's 2011 bear market was following an Elliott wave "triangle" script. Here's why forex traders of one particular currency pair will want to pay attention to sugar's past... now.

EURUSD at 14-Year Lows: Don’t Blame the Fed

Updated: December 19, 2016

Last week the euro fell hard. The reason was plain to everyone: the Fed's decision to hike interest rates. But can you imagine another post-rate-hike argument -- this one, against the dollar? It might go something like this...

From Unloved & Unwanted to George Washington on Steroids: The U.S. Dollar

Updated: December 15, 2016

The U.S. dollar remains in an uptrend that's been unfolding for nearly nine years. Can a magazine cover really help point to which way the trend will go from here?

British Pound: 2 Years of History in 1 Chart

Updated: December 9, 2016

2016 was the year of political surprises. First was the shocking Brexit vote in June. Then, the surprise Donald Trump victory in November. Both moments saw a lot of volatility in the financial markets. Yet, while it’s tempting to say “of course” and blame volatility on the news, the reality is not so black-and-white. Case in point: the British pound.

Wait: Wasn't British Pound Supposed to be Crashing Right Now?

Updated: December 1, 2016

On December 1, the British pound soared to a three-month high against the euro. Some investors may find the move shocking, considering the British unit was supposed to be strangled by the Brexit albatross. There's only one way to explain it.

U.S. Dollar’s Surge Against EUR and JPY: Don’t Hang Your Hat on It

Updated: November 23, 2016

Often during Thanksgiving week, markets quiet down. Not so this year. The Dow made a new all-time high on Wednesday -- and in forex, the euro slid to a new post-election low. Let’s talk about that.

Euro Price Action Post-Election: “We Expected That”

Updated: November 16, 2016

Jim Martens, editor of our Currency Pro Service, discusses his long-term view of the U.S. dollar and euro.

Euro Price Action Post-Election: “We Expected That”

Updated: November 16, 2016

Jim Martens, editor of our Currency Pro Service, discusses his long-term view of the U.S. dollar and euro.

British Pound Rally: Why Brexit News is Just a Smokescreen

Updated: November 4, 2016

Why would the British pound rise on the news that Brexit needs approval from the British parliament? Well, you could argue that the markets, unsure of Brexit's ultimate economic impact, showed their approval for a delay in the process. Yet, here is another explanation...

Here's What Makes Elliott Waves a Useful Forex Tool

Updated: October 31, 2016

What gives Elliott waves the ability to warn you about trend changes before the news? The answer begins with a conversation about what the markets’ true driver is. 

EURUSD: Why the Decline to a 7-month Low Won't Last

Updated: October 21, 2016

Today, EURUSD fell to a low not seen since March. From an Elliott wave perspective, the reasons are plenty. We’ve explained them in a recent article; the latest slide fits well into EURUSD’s big picture. More importantly, Elliott waves are already peeking around the next corner.

Dollar Index: Clear Enough to Show Two Years in Two Minutes

Updated: October 13, 2016

Let's talk about the Dollar Index. Not with one chart, but with three charts of the Index. Because, they show we mean when we say, "Textbook Elliott Wave Pattern." Five up, three down...

Euro vs. Dollar: "The moment we've all been waiting for"

Updated: October 12, 2016

Here's what we know from three-plus decades of observing markets: When prices move in a sideways, choppy fashion -- it’s a corrective pattern. That is to say, the market is making a “pause” within the larger trend; the actual trend should soon resume.

The Timing of the British Pound's Slump Is No Accident

Updated: October 5, 2016

When on October 4th the British pound fell to a new low for the year -- and a new 31-year low -- the explanation was simple: Brexit. But if the timing of the slump seems almost accidental, from an Elliott wave standpoint, it was no accident at all.

Euro vs. Dollar: How to Know the Trend Before the News

Updated: September 20, 2016

Much like a cardiogram can show a doctor how the patient's heart is doing, Elliott wave patterns on a price chart can show you which way the market's collective psychology is about to take prices -- before the news, or without any news, period.

EURUSD Falls Despite Draghi "Boost": Here's Why

Updated: September 12, 2016

On September 8, ECB President Mario Draghi decided not to extend the Continent’s QE program and to keep interest rates pat. Right away, the euro rallied to a two-week high... only to embark on a powerful sell-off shortly after. The reason why might surprise you.

This Straightforward Approach Will Help You Navigate an Erratic EURUSD

Updated: August 29, 2016

Last week, the financial world had its eyes fixed on the Fed chair Janet Yellen's speech in Jackson Hole, as traders considered how her words would impact the markets. Dozens of articles later, one perspective was still missing almost entirely from the mainstream discussions...

GBPUSD Falls -- But Don't Blame the Bank of England

Updated: August 4, 2016

Correlation does not mean causation. Watch this new video by Jim Martens, the editor of our forex-focused Currency Pro Service, to understand why GBPUSD was destined to fall, news or no news.

(Forex) Cross Rates: Here's What Stands Out Right Now

Updated: July 21, 2016

Michael Madden, who forecasts cross rates for our Currency Pro Service, tells you about the volatility following the historic Brexit vote.

Forex: "The Markets Are Getting Exciting!"

Updated: July 19, 2016

Jim Martens, the editor of our Currency Pro Service, gives you a preview of what's going on in the FX world post-Brexit.

Why the Turkish Lira Sell-off Was NOT "Unexpected"

Updated: July 18, 2016

Was there anything to suggest -- BEFORE the failed coup attempt in Turkey -- that the Turkish lira would see a hard sell-off? See for yourself.

U.S. Dollar: a Brexit Safe Haven?

Updated: July 11, 2016

The U.S. dollar surged in the wake of Britain's decision to leave the European Union. But the greenback's upward trend started several weeks before the June 23 vote. See how the Wave Principle can help you spot trend turns, even when professional speculators are betting the other way.

GBPUSD: Pre-Brexit, Brexit -- and Post-Brexit

Updated: July 8, 2016

On the heels of the Brexit vote, the British pound -- or cable, as it's known to forex traders -- crashed to a 31-year low. In retrospect, that  makes sense. But what about AHEAD of the vote? Watch this video for some surprising answers.

Brexit and Beyond -- Look at Price Patterns, not Market News

Updated: June 30, 2016

Watch what helped Jim Martens, editor of Currency Pro Service, prepare his subscribers early for the violent reversal and historic sell-off in the British pound.

British Pound Gets Pounded: Why Brexit's NOT to Blame?

Updated: June 24, 2016

On June 24, the British pound plummeted to a 31-year low on the back of its steepest single-day fall ever! What caused cable to crash, you ask? Well, according to some experts, the Brexit vote is to blame. We, however, have a different explanation.

GPS vs. Road Map: Which Works Best? (Part 2)

Updated: June 17, 2016

In part two of this essay, our Currency Pro Service editor, Jim Martens, explains how to think of the Elliott Wave Principle as your road map to the market -- and your investment idea as a trip.

Euro's Sharp Reversal: Let These 2 Charts Do the Talking

Updated: June 10, 2016

Technical indicators will often help you catch trend reversals before the news. This week, forex markets gave us an example of Elliott waves doing just that -- in EURUSD, the euro-dollar exchange rate and world's most popular forex market.

USDJPY: Why the BOJ Doesn't Control Every Move

Updated: June 6, 2016

In mid-2015, the Japanese yen stood at a near 13-year low against the U.S dollar. And, according to mainstream wisdom, the yen's downside fate was sealed by the B.O.J's ongoing commitment toward monetary easing. And yet -- the yen rallied?

Win or Lose: The Double-Edged Sword of Forex Trading

Updated: May 26, 2016

Jim Martens, our Currency Pro Service editor, gives you his take on whether or not the June 23 Brexit vote will determine the trend in the British Pound, GBPUS.

EURUSD: The Fed is NOT Your Friend

Updated: May 20, 2016

On May 3, the EURUSD turned down (i.e. falling euro, rising U.S. dollar) in a powerful reversal to two-month lows on May 20. Turns out, the euro's sell-off was not in the popular, Fed-led script handed out by mainstream analysts. It was, however, in the Elliott wave one.

USDJPY: The Kind of Move You Don't Want to Miss

Updated: May 11, 2016

Market psychology will take prices up or down with or without the news. The advantage you have with Elliott waves is that while other traders are reacting, you can be proactive. Case in point: USDJPY.

Forex: New Insights on EURUSD, Japanese Yen and More

Updated: April 26, 2016

Jim Martens, editor of our Currency Pro Service, has been using Elliott wave analysis since the mid-1980s -- on forex markets, for most of that time.

Elliott Waves: "Nothing Better For Modeling Price Action"

Updated: April 20, 2016

Tony Carrion, one of our Currency Pro Service analysts, tells you how he uses Elliott waves in his analysis and why hearing an interview with Bob Prechter was a "game changer."

Elliott Wave Principle Gives You Market "Context"

Updated: April 12, 2016

Learn how the Elliott Wave Principle enhances your market-forecasting ability by giving you market "context." Our Currency Pro Services analyst Michael Madden explains.

Elliott Wave Principle Gives You Market "Context"

Updated: April 12, 2016

Learn how the Elliott Wave Principle enhances your market-forecasting ability by giving you market "context." Our Currency Pro Services analyst Michael Madden explains.

(Video 4 of 4) USDJPY: How to Spot a High-Confidence FX Trade Setup

Updated: April 8, 2016

In March, the Japanese yen served us a great lesson in Elliott wave "triangle" price pattern. Watch this free 4-part video series where our Currency Pro Service editor walks you through this high-confidence opportunity step by step.

Our Forex Strategist: "I'm Always Looking for 'Analytical Colleagues'"

Updated: April 6, 2016

Jim Martens explains why his "ideal subscriber" is a forex trader who thinks for himself and only uses Jim's analysis as a "sounding board" for spotting high-confidence trade setups.

How to Spot a High-Confidence FX Trade Setup

Updated: April 6, 2016

In March, the Japanese yen served us a great lesson in Elliott wave triangles, high-confidence price patterns. Watch this 4-part video series where our Currency Pro Service editor spots a triangle in USDJPY and follows it as it unfolds in real-time in the coming days.

(Video 3 of 4) USDJPY: How to Spot a High-Confidence FX Trade Setup

Updated: April 5, 2016

In March, the Japanese yen served us a great lesson in Elliott wave triangles. Here's the 3rd video of this 4-part series where our Currency Pro Service editor gives you an update on USDJPY's high-confidence price pattern.

(Video 2 of 4) USDJPY: How to Spot a High-Confidence FX Trade Setup

Updated: April 1, 2016

In March, the Japanese yen served us a great lesson in Elliott wave triangles. Here's the 2nd video of this 4-part series where our Currency Pro Service editor gives you an update on USDJPY's high-confidence price pattern as it developed.

USDCAD: There's Nothing "Loony" About Price Action

Updated: March 31, 2016

Between mid-January and March 31, the Canadian dollar (nicknamed "loonie") went from a near record low -- to a five-month high. The currency's dramatic performance may seem "loony," but in fact, it's just what the Elliott wave script called for.

(Video 1 of 4) USDJPY: How to Spot a High-Confidence FX Trade Setup

Updated: March 31, 2016

In March, the Japanese yen served us a great lesson in Elliott wave triangles, high-confidence price patterns. Watch the first video of this 4-part video series where our Currency Pro Service editor explains what a triangle in USDJPY on March 2 implied for the trend.

USDJPY: A Case of How the Wave Principle Trumps "Fundamentals"

Updated: March 2, 2016

If you've been observing the Japanese yen purely from the perspective of market fundamentals since January 29th, you'd most likely be perplexed. Here's why...

EURUSD: There's a New Opportunity Directly Ahead

Updated: February 23, 2016

The editor of our forex-focused Currency Pro Service, Jim Martens, shows you that although EURUSD has gone "nowhere" recently, there are plenty of opportunities on the horizon.

GBPUSD Falls off a Cliff, But Don't Blame Boris

Updated: February 23, 2016

You've heard of "Brexit," a potential huge shake-up for the EU. So it's no wonder that when London's mayor Boris Johnson announced on Feb. 21 that he's in favor of "Brexit," the British pound fell hard. ...Or so goes the mainstream explanation.

EURUSD: Two Months of "Zero Progress" End with a Bang

Updated: February 5, 2016

For the past two months, EURUSD, the world's most-traded forex market, has made almost zero net progress -- until now. This chart shows you the long sideways trading range stretching back all the way to December.

EURUSD Falls off a Cliff: See Why in One Chart

Updated: January 21, 2016

"EURUSD plunged after ECB President Drahgi announced that there are 'no limits' to how far the ECB will deploy its tools. The problem with blaming euro weakness on his comments is that the decline started earlier, much earlier."

Flexibility of the Wave Principle

Updated: January 19, 2016

Are you curious about our analysts and their background?  Our Senior Currency Strategist, Jim Martens, started following markets in the 1980s.  In this new interview, you'll learn how he got his start in markets, and how the flexibility of the Wave Principle enhances your market analysis.

EURUSD How a Simple Chart Pattern Can Tell You Whats Next

Updated: January 14, 2016

With the world's attention focused on the stock markets for the past two weeks, it's easy to overlook what's been happening in EURUSD, the euro-dollar exchange rate and the world's most-traded forex market.

Chinese Stocks: The Outlook is Clearly Negative

Updated: January 6, 2016

Our Global Opportunities Expert, Chris Carolan, discusses Monday's sharp declines in China's Shanghai Composite and Germany's DAX, and then he shares his outlook for the global markets based on the regional currencies.

EURUSD: Getting a Handle on December Volatility

Updated: December 30, 2015

Love or hate December's infamous volatility, if you choose to trade this month, you have to deal with it. And this December has certainly been volatile. Take EURUSD, the world's biggest forex market...

The Euro vs. the Fed: What We Think Really Happened

Updated: December 18, 2015

Elliott waves allow you to see before the news which way the collective psychology of market participants is leaning. If traders feel bullish… 

EURUSD: Critical Time Between Now And End of the Year

Updated: December 16, 2015

Jim Martens, our Senior Currency Strategist, talks about how he's stayed a step ahead of recent moves in EURUSD -- and why now is a critical time for the currency markets.

EURUSD: Here's What We Know

Updated: December 15, 2015

Whatever the Fed says around 2 PM Eastern on December 16, a surge of emotion will be visible in the markets. Emotions are natural drivers of price trends. And no method allows you to track the markets' collective emotion quite like Elliott waves do. So, here's what we know...

GPS vs. Road Map: Which Works Best? (Part 1)

Updated: December 8, 2015

The market-forecasting method I employ every day has been around since the 1930s. Yet, it works as well as, if not better than, any new-fangled, expensive, computerized technical analysis package I've seen. My method is a form of technical analysis based on...

The REAL Reason Why the Euro Crushed the U.S. Dollar

Updated: December 3, 2015

Days before the ECB announcement, EURUSD charts began to show a high-confidence Elliott wave pattern called an "ending diagonal." It almost always introduces fast trend reversals -- up, in this case. You can see this price pattern here...

Euro Sentiment Tanks: Time to Watch the Waves

Updated: December 2, 2015

chart of the day | The Elliott wave pattern and the extreme sentiment show us the direction the trend in the euro should take next -- plus the specific price points to watch, which will help confirm the forecast.

Euro vs. U.S. Dollar: What Will the "Big News Week" Bring?

Updated: November 30, 2015

This week promises to be big on economic news. Meanwhile, EURUSD, the world's biggest forex market, has been trading lower and lower over the past few days, as the U.S. dollar got stronger. How might the upcoming events impact this trend?

Yen Falls on GDP Data. Yen Rises on GDP Data. Confused Yet?

Updated: November 26, 2015

On November 16, GDP data confirmed Japan had fallen back into a recession. No two-ways about it. Yet, the Japanese yen had more than two ways to react to the news...

EUR, GBP, AUD and CHF: 4 Markets That Screamed "Stronger Dollar!" a Month Ago

Updated: November 24, 2015

The U.S. dollar has gotten a lot stronger lately, and you'll find many "fundamentally" based reasons for that. But watch our Senior Currency Strategist explain how more than a month ago, Elliott wave patterns in four separate forex markets already warned of the U.S. dollar strength.

The U.S. Dollar Index Hits 100

Updated: November 24, 2015

There was no shortage of U.S. dollar bears during the 2007-2009 financial crisis. But the greenback defied the negative sentiment and now trades near 100. See what could have helped you anticipate that sharp bounce.

Devaluation Doobie: Getting High on Falling Currencies

Updated: November 19, 2015

A new day has dawned as the world's largest economies adopt a pro-currency devaluation stance -- led by China. So, what really happened to change their minds?

EURUSD: Up, Down -- and Up Again?

Updated: November 17, 2015

A little while back, we wrote that, after a big drop in the euro, its Elliott wave patterns called for a rally. It was a "terminal thrust" lower from an Elliott wave triangle pattern that tipped us off to the coming bullish turn in EURUSD...

EURUSD: How to Know the Next Move WITHOUT the News

Updated: November 10, 2015

EURUSD fell to a new low for the month today, below $1.07. You can read a variety of explanations about why that happened. Yet none tell you what should happen next. Elliott waves, on the other hand, do.

Why the Euro Took a Tumble

Updated: November 5, 2015

On October 22, EURUSD, the world's most popular forex market, fell sharply -- and it was widely blamed on a statement by the president of the European Central Bank, Mario Draghi. Now, watch the move explained from the Elliott wave perspective.

Don't Blame Mr. Draghi for the Plunge in EURUSD

Updated: October 22, 2015

The euro plunged Thursday morning in a most dramatic fashion. Analysts rushed to blame the ECB's president Mario Draghi. But here's why the sell-off was in the cards well before his statement. Let's let these two charts do the talking.

Return to the Dollar Index: The Clarity Just Got Clearer

Updated: October 22, 2015

Chart of the Day | Earlier this week, our "Chart of the Day" video showed you a long-term U.S. Dollar Index chart. Now look what happened since then...

3 New Forex Opportunities with "Big Potential"

Updated: October 21, 2015

Robert Kelley covers cross rates for our Currency Pro Service. In this interview, Robert tells you which cross rates opportunities he's most excited about.

The U.S. Dollar Index: As Clear As It Looks

Updated: October 21, 2015

This U.S. Dollar Index chart is as straightforward as it looks. It's a longer-term, weekly bar chart. The Elliott wave pattern is crystal clear, yet is still in progress. From the low in April 2011, 4 waves are in place, exactly as the blue labels show: 1, 2, 3, 4...

Forex FreeWeek Preview: "Dollar is at an inflection point"

Updated: October 16, 2015

In this interview, our Senior Currency Strategist and editor of the forex-focused Currency Pro Service tells you what to expect during the Forex FreeWeek (Oct. 19-23).

EURUSD: Why Did the Euro Reverse So Abruptly?

Updated: October 5, 2015

Last Friday (Oct. 2) at 9:06 AM, the editor of our Currency Pro Service, Jim Martens, emailed me with a three-letter subject line: "EUR."

Why Weaker Euro Has Little to Do with "Negative Inflation"

Updated: October 1, 2015

Blaming the euro weakness on "negative inflation" -- or, deflation, if you call a spade a spade -- is a logical choice. After all, the euro did get weaker after the report. However, if you look at these EURUSD charts, you'll see that this weakness started days ago.

U.S. Dollar Vs. Canadian Dollar: The Real Reason Behind the Rally

Updated: September 25, 2015

On Sept. 23, the Canadian dollar fell to an 11-year low against the U.S. dollar. Two weeks earlier, EWI's Senior Currency Strategist posted this video forecast, explaining why USDCAD presented a bullish opportunity. Watch this great lesson in Elliott wave forecasting now.

EURUSD: Lower Now, But What Happens Next?

Updated: September 21, 2015

The dust settled after last week's Fed meeting, the focus has shifted to their next meeting in October, the interest rate hike option is still on the table -- and so, the U.S. dollar is stronger... but what happens next?

U.S. Dollar: Trends Are Already Entrenched

Updated: September 17, 2015

Jim Martens, editor of EWI's Currency Pro Service, discusses recent price action in EURUSD and explains why he's looking for the euro to start another leg down -- and for the U.S. dollar, another leg up -- very soon.

EURUSD: Why Mario Draghi Did NOT Cause the Plunge

Updated: September 5, 2015

The euro fell sharply against the U.S. dollar on Sept. 3. Analysts put the blame on a statement by Mario Draghi, the European Central Bank president.  But, while the EURUSD drop coincided with the ECB president's statement, it was not caused by it. See for yourself.

Euro vs. Dollar: The Excitement is Yet to Come

Updated: September 1, 2015

EWI's Chief Currency Strategist discusses the EURUSD 1,200-pip "roundtrip."

Euro vs. Dollar: The Excitement is Yet to Come

Updated: September 1, 2015

EWI's Chief Currency Strategist discusses the EURUSD 1,200-pip "roundtrip."

China's Yuan Devaluation: Why It Was "Expected"

Updated: August 27, 2015

China's economy is slowing. Its stock market began to crash back in July. And, the volatility rocking financial markets has been widely linked to the recent yuan devaluations by China's central bank. Speaking of that...

EURUSD: What Do You Do When FX Markets "Break a Rule"?

Updated: August 17, 2015

Elliott wave analysis has only three rules. Beyond those, there are many guidelines for wave formation. But a guideline is just that -- a guideline, while a rule is... well, something you cannot violate. Or can you?

China Drops the Yuan "Bomb" -- But the Euro Fails to "Notice"

Updated: August 12, 2015

On Aug. 11 China shocked global markets by devaluing its currency, the renminbi, by almost 2%. Yet, if you looked at your forex screens Tuesday morning, after the initial devaluation, you could hardly tell that anything had happened. Why?

The Fed Speaks and the Euro Gets "Spooked"?

Updated: August 5, 2015

This week started slow for EURUSD, the world's biggest forex market. The euro fell a little on Monday and rose a little on Tuesday. ... And then the bottom fell out. Here are two perspectives on what happened.

EURUSD: An Ending Diagonal Triangle in Action

Updated: July 24, 2015

Remember how during the time of the Greek bailout a couple of weeks ago, the euro didn't seem to "know" which way to go next? There is a reason for that, says The Wall Street Journal: carry trade.

EURUSD: Remember the Greek Deal?

Updated: July 14, 2015

Hard to believe, but the barrage of news stories this week has already overshadowed the Greek bailout. Yet, price action in EURUSD around the time Greek deal was reached gave us a cool lesson in Elliott wave forex trading -- so let's take a quick look back.

The Euro: After Greece, What's Next?

Updated: July 10, 2015

Think the latest rally in the euro was the result of "good news" from Greece? Think again. Watch our Senior Currency Strategist explain what's really behind the moves.

Greece and the Euro: Nowhere But Down?

Updated: July 8, 2015

Blaming the euro weakness on Greece is easy, yet that doesn't give you almost any objective measure of just where the euro's slide may stop. Here's why you may find technical analysis more helpful in this volatile environment.

EURUSD: Sharp Sell-Off Gets Reversed

Updated: June 29, 2015

On Monday (June 29), the world woke up to the ever-more-real possibility of a Greek default. The U.S. dollar gained, and EURUSD fell on the news. But then, just as abruptly, the euro sell-off reversed and completely erased all dollar gains. What happened? 

The U.S. Dollar's 2014-2015 Rally: Wave 3 in Action

Updated: June 26, 2015

There are many ways to describe the 2014-2015 rally in the U.S. dollar to 12-year highs. One of those ways happens to be an Elliott third wave in action... 

EURUSD: Summertime, and Trading Is... Not Easy

Updated: June 25, 2015

Every forex trader knows that some trading days, you and the market just "click" somehow. And then there are days when just about every trading decision turns against you. Have you ever wondered why those "good" vs. "bad" days happen to begin with?

EURUSD: When "Fundamentals" and Technicals Agree

Updated: June 11, 2015

Wow, how far we've come. A year ago, saying that the euro and U.S. dollar would soon reach parity would have been laughed at. At the time, the euro-dollar exchange rate was trading near $1.40. By March of this year, it fell about four cents away from parity. Will it get there?

Japanese Yen Falls to a 17-Year Low -- Watch How It Got There

Updated: June 2, 2015

You'll find many explanations in the news why USDJPY is trading near the highest point since 2002. Most of them have one thing in common: They rationalize the move which has already happened. Well, here's a different perspective -- watch.

Why You Should Consider This $5-Trillion-a-Day Market

Updated: August 22, 2014

As of 2013, the daily trading volume in foreign exchange was more than $5 TRILLION a day. EWI's currencies expert, Jim Martens, discusses the pros and cons of trading forex vs. trading stocks.

Trading Forex with Elliott Doesn't Have to be Complicated

Updated: August 23, 2013

While it's true that forex trading can be a challenge, Jim Martens makes understanding the rules and guidelines easy... Check out this excerpt from one of Jim's DVD.

European Elections


Social mood translates into the tight race at the polls in the French election. In Europe, we're seeing bond market behavior that resembles what occurred before the credit crises in 2008, 2010 and 2012. Outlook for the British pound and currency markets following the UK's call for a snap election.

A Look at Commodities, Currencies & China


In this week's episode, we talk to three analysts from Elliott Wave International about the respective markets they cover. We start off with Jeffrey Kennedy, the editor of our Commodity Junctures market-forecasting service, to learn about the one commodity Jeff is most excited about. Next up is an interview with Jim Martens, the editor of our Currency Pro Service. He has been using Elliott wave analysis since the mid-1980s -- on forex markets, for most of that time. Here, Jim tells you how Elliott waves help you "make sense" of the FX markets -- and why it's important to look at the larger trend. In today's last interview, Chris Carolan explains what a weaker dollar implies for Asian equities and gives an update on what he's looking at in China.

Spotlight on Currencies


First up is an interview with EWI's Jim Martens. Jim offers his perspective on recent moves in the Yen and U.S. Dollar. The dollar rally has been making headlines for quite a while now -- and most of the talking heads on financial TV think the rally in the U.S. dollar index may be over. Jim correctly called the top in the Euro / Dollar exchange in May of last year. We're approaching the 1-year anniversary of that forecast and this next clip -- from May 9 of 2014 -- takes you through the analysis of the EURO Dollar decline. Our last feature for this week's episode comes from Elliott Wave International's Bob Stokes who reports on the "war on cash."
131 Results