EUR/USD: What Were YOU Reading 9, 6, 3 -- and 1 Month Ago?
CHART-STOPPER ALERT:
The euro-dollar exchange rate has had a lot of ups and downs over the past 12 months. Few forex analysts were able to pinpoint the turns with precision. But one team of analysts could -- and did.
Think back to about a month ago. After a long decline, EUR/USD, the world's biggest forex market, is trading near 1.20. That's some 25 cents lower than it was a year before.
The euro is weak, the dollar is strong -- and the euro skeptics are growing louder:
- "Euro falls to two-year low versus dollar" - (Jul 20, 2012 - FT)
- "Euro Falls to 2-Year Low vs Dollar on Spain Fears" (Jul 23, 2012 - CNBC)
- "Euro rises from 2-year low, but gains expected to fade" (Jul 25, 2012 - Reuters)
Indeed, 1.20 is a far cry from 1.45 where the euro-dollar exchange rate stood a year before. Who would dare to turn bullish on EUR/USD after a decline like that?
Well, one team of analysts did -- and we at Elliott Wave International are proud to say it was our team.
As a matter of fact, over the past 12 months or so, our Currency Specialty Service nailed more than one twist and turn in EUR/USD.
See for yourself -- now, in this chart going back to September 2011, alongside the actual forecasts our Currency Specialty Service published at each turn.
See the full Currency Specialty Service forecasts here >>
These are actual forecasts our forex-focused Currency Specialty Service was posting for subscribers in August 2011 - August 2012.
As prescient as the forecasts you see in the above chart are, wave analysis is not a crystal ball. But when waves are clear, they are clear, and today, Elliott wave patterns in EUR/USD -- and the message it sends -- are exactly that.
And to you, that means one thing: clear opportunities ahead.
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Video Forecasts: Plus, you also get regular video updates, usually with a strong Elliott wave educational angle, at least once a week.
Currency Specialty Service helps you to
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You get clear and concise commentary on the most probable direction of the next move for the time frames that matter to you.
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You get charts that are fully labeled with our up-to-date Elliott wave count, so you see our primary Elliott wave outlook and the alternate scenarios that help you manage risk.
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Markets Covered
Currency Specialty Service aims to keep you ahead of the action in these markets: |
| Dollar Rates |
- EURUSD
- GBPUSD
- AUDUSD
- DX, U.S. Dollar Index
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Limited-Time Offer
Currency Specialty Service brings you forecasts for 12 biggest forex markets, 24 hours a day: EUR/USD, USD/JPY + 10 more pairs.
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Testimonials
 These services draw from the highest-caliber, most concentrated pool of analytical talent in the world. Anyone who is serious about these markets needs these services." - Bob Prechter
"Jim, you were spot on with the EUR analysis. Amazing! You made a believer out of me." - Lloyd W.
"BRAVO! Not just because you were right, but mostly because of your thought process all along. What a lesson ... worth every minute of it." - Marcos S.
"I manage a small global macro fund... I cannot stress more how greatly valuable your work is to my day-to-day management of positions, timing, and risk taking as a whole. Your analysis is clear, objective, and sticks to exactly what it needs to. Keep up the great work." - Otavio F.
"Words aren't enough to describe my experience with your Forecasting Services. If you were an automobile, your services would be in the league of a Bugatti." -- Jon G.
"Thanks for the excellent work on the short-term forecasts. They are wonderful and easy to understand." - J.D.
"I'd like to compliment you on the accuracy of your forecasts. GREAT JOB!" - B.W.
"That graph is worth a thousand words. Knowing the possible intraday wave counts, I think, could make all the difference in my day trading." - H.M.
"I find it has helped my trading noticeably ... It works very well for me." - J.E. |
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