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(Interactive EUR/CHF Chart) European Debt Crisis? Yet if You Know Elliott, Who Cares?
Euro/Swiss Franc forex market met Fibonacci projections in July
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By Jill Noble
Wed, 20 Jul 2011 14:45:00 ET |
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Even as many investors worried about the mounting risks posed by Europe's debt crisis, our Currency Cross Rates team used the Elliott Wave Principle to "avoid the herd" and identify a EUR/CHF opportunity based not on the news, but on impartial technical analysis.
EWI's Elliotticians Jack Martin and Robert Kelley forecast trend changes in the currency markets by projecting the length of Elliott waves and calculating Fibonacci ratios and extensions. Specifically:
The following charts from our Currency Specialty Service show you how our analysts use wave three targets to identify key turning points in real time (click for interactive feature):
Opportunities like this don't come along every day. But when you subscribe to our Currency Specialty Service, you can rely on our analysts to alert you to important market changes as they arise. Follow this link for more information >>