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Market Alert: EURUSD at 8-Month Low
Join our ongoing Open House event now, free -- and see what's next for the euro

By Vadim Pokhlebkin
7/24/2014 12:45:00 PM

"Concerns that a fresh round of sanctions against Russia would have a negative impact on euro area growth pressured the single currency lower." Those concerns aren't likely to lift any time soon, so the euro should keep weakening, right? Actually, no.

Filed Under: currency, Elliott wave, Elliott Wave trading, euro, euro/USD exchange rate, europe, European Union (EU), eurozone, forex, forex trading, technical analysis, trade targets, U.S. dollar

Category: Currencies


Market Alert: Japanese Yen
You don’t have to wait for the next geopolitical event to know where the yen is headed next

By Vadim Pokhlebkin
7/23/2014 2:30:00 PM

On Tuesday, the yen saw a sharp intraday drop. The market has recovered since then. Now, the thinking is that the next big move will largely depend on the events in Ukraine and Gaza.

Filed Under: Elliott wave, Elliott Wave trading, forecasts, forex, forex trading, Japanese yen, technical analysis, U.S. dollar, U.S. STOCK MARKET, usd/jpy

Category: Currencies


(Video) EURUSD: A VERY Close Look at Where It's Been -- And Where It's Going
New 18-minute interview with our Currency Pro Service editor shows you lots of EURUSD charts you won't see anywhere else

By Vadim Pokhlebkin
7/21/2014 4:00:00 PM

In this 18-minute interview, EWI Senior Currency Strategist Jim Martens shows you how to use  Elliott wave analysis to find trading opportunities in FX -- and gives you his latest analysis of the price action in EURUSD.

Filed Under: currency, Elliott wave, Elliott Wave trading, euro, forex, forex trading, trade targets, Traders, trading lessons, U.S. dollar, video

Category: Currencies


EURUSD: A Skip and a Hop Away from a New Low for 2014
Will the euro fall further? There are two ways to answer that question

By Vadim Pokhlebkin
7/18/2014 3:45:00 PM

Geopolitical tensions, the Fed's interest rate policy -- these and other reasons are said to be driving the euro lower. But will they KEEP doing that? That's where answers based on fundamental analysis get a little foggy.

Filed Under: Elliott wave, Elliott Wave trading, euro, forex, forex trading, Interest Rates, technical analysis, trade targets, U.S. dollar, U.S. Federal Reserve (the Fed)

Category: Currencies


EURUSD: Why the 2-Week-Long Sell-off?
What moves the markets is not the news, but the shifts in the collective bias of traders and investors

By Vadim Pokhlebkin
7/16/2014 11:30:00 AM

Bank trouble in Portugal. Janet Yellen’s hinting at the coming end to quantitative easing. Shaky ZEW investor confidence survey data from Germany. Is that why the euro is weak? Take a look at this chart.

Filed Under: Elliott wave, Elliott Wave trading, euro, euro/USD exchange rate, europe, Federal Open Market Committee (FOMC), forex, forex trading, fundamental analysis, trade targets, Traders, U.S. dollar, U.S. Federal Reserve (the Fed)

Category: Currencies


Japanese Yen Soars – Why, Again?
As it’s often the case, the news is “catching up” to the market move which started long before

By Vadim Pokhlebkin
7/10/2014 9:30:00 PM

"Yen soars as Portuguese bank fears spark safety buying," said a July 10 headline. As usual, the headlines were right: The yen did get stronger after the news from Europe. But also...

Filed Under: Elliott wave, Elliott Wave trading, europe, european markets, European Union (EU), eurozone, forex, forex trading, Japanese yen, U.S. dollar, usd/jpy

Category: Currencies


Looking for More Forex Action? Try Cross Rates
Trading currencies other than the U.S. dollar can be rewarding, too

By Editorial Staff
7/2/2014 4:30:00 PM

Most forex traders have a few favorite currency pairs – and everyone’s favorite is EURUSD, where the bulk of the trading volume is. Yet there are literally dozens of other currency pairs you could choose from. Why would you want to? Here's why...

Filed Under: currency, Elliott wave, Elliott Wave trading, euro, forex, forex trading, Japanese yen, technical analysis, U.S. dollar

Category: Currencies


U.S. GDP Takes a Dive – And U.S. Dollar Drops?
If you believe that, I have a barely used bridge to sell you

By Vadim Pokhlebkin
6/25/2014 5:00:00 PM

Have you heard? On June 25, the U.S. Q1 GDP was revised downward -- to a shocking negative 2.9%. What do you think happened to the U.S. dollar after the news? Correct! It fell. But this next part you have to see for yourself.

Filed Under: Elliott wave, Elliott Wave trading, euro, euro/USD exchange rate, forex, forex trading, gross domestic product (GDP), technical analysis, U.S. dollar

Category: Currencies


(Video) EURUSD: How to Be Prepared Next Time the Fed Speaks
Triangles are "hesitation" patterns that resolve in a predictable way.

By Vadim Pokhlebkin
6/24/2014 5:15:00 PM

You've seen it before: Before a major news announcement -- like a Federal Reserve statement -- the market first swings wide, then the swings narrow down, then get narrower still...until the price simply goes sideways. At moments like these, what is your trading plan? This may help you next time -- watch.

Filed Under: Elliott wave, Elliott Wave trading, euro, euro/USD exchange rate, Federal Open Market Committee (FOMC), forex, forex trading, stimulus package, technical analysis, U.S. dollar, U.S. Federal Reserve (the Fed), video, volatility

Category: Currencies


EURUSD: It’s Oh So Quiet
Too quiet?..

By Vadim Pokhlebkin
6/17/2014 3:45:00 PM

The euro sure knows how to test a trader’s patience, doesn’t it? First, it gave us almost a 3-week stretch in late May-early June when it kept bumping around just above $1.3600. Now...

Filed Under: Elliott wave, Elliott Wave trading, euro, euro/USD exchange rate, european central bank, Federal Open Market Committee (FOMC), Fibonacci, forex, forex trading, Interest Rates, market forecasts, monetary policy, quantitative easing, U.S. dollar, U.S. Federal Reserve (the Fed)

Category: Currencies


The Euro (EURUSD): An Intraday Move to Remember. Now What?
From steep plunge to sharp rebound, see how price action on Thursday (June 5) is a "beautiful example of Elliott wave patterns in action."

By Nico Isaac
6/5/2014 4:00:00 PM

Wow! What a day Thursday was for Euro watchers, wouldn't you say? We'll show you why it’s a day to remember. In fact, what you are about to read may change the way you look at the markets – forever.

Filed Under: central banks, charts, contracting triangle, currency, Elliott wave, euro, european central bank, european markets, forecasts, forex, market forecasts, U.S. dollar, video

Category: Currencies


(Video) EURUSD: May Was FULL of Bearish Opportunities. How Many Are Left?
Learn what really crashed the euro in May -- and get a hint as to what's next for the common currency

By Vadim Pokhlebkin
5/30/2014 1:30:00 PM

May started out great for the euro bulls. On May 8, EURUSD, the exchange rate between the euro and U.S. dollar hit a new high for 2014. And then the bottom fell out. What happened? Watch...

Filed Under: currency, Elliott wave, Elliott Wave trading, euro, euro/USD exchange rate, european central bank, European Union (EU), eurozone, forex, forex trading, U.S. dollar, video, Video - FRUP

Category: Currencies


(Video) GBPUSD: Down Hard -- And More to Come?
This free video gives you full analysis -- and price targets -- for the ongoing sell-off in cable

By Vadim Pokhlebkin
5/29/2014 5:30:00 PM

On May 21, our own Jim Martens, recorded a video titled "GBP/USD: Clear and Present Opportunity" highlighting a bearish setup in the British pound. Since then, cable is down more than 200 pips -- and this rare opportunity may not be over. Want details? Then, watch.

Filed Under: Elliott wave, Elliott Wave trading, forex, forex trading, sterling, U.S. dollar, video, Video - FRUP

Category: Currencies


U.S. Dollar Vs. Japanese Yen: Why the Big Sell-off?
Higher U.S. interest rates or not, USDJPY was ready to slide

By Vadim Pokhlebkin
5/19/2014 5:00:00 PM

Here’s a question for you to ponder: The markets move as a reaction to news, right? We hear those explanations every day. Then how come you can often predict where the market will go before the news? Case in point...

 

Filed Under: Elliott wave, Elliott Wave trading, Fibonacci, forex, forex trading, inflation, Interest Rates, Japanese yen, technical analysis, U.S. dollar, usd/jpy

Category: Currencies


(Video) EURUSD: Focus on the TREND, Not the "Right" Wave Count
How to not miss the forest for the trees when using Elliott wave analysis in forex

By Vadim Pokhlebkin
5/14/2014 1:30:00 PM

Watch this classic video where our forex expert, Jim Martens, explains why it's okay to change your Elliott wave count if the market demands it. What's much more important is to focus on the right trend, not the "right" wave count.

Filed Under: Elliott wave, Elliott Wave trading, euro, forex, forex trading, U.S. dollar, video, Video - FRUP

Category: Currencies


(Video) Forex: When Is The Right Time To Exit a "Good Trade"?
Learn how the Wave Principle combined with Fibonacci relationships can help you identify trade targets.

By Jason Lureman
5/13/2014 11:45:00 AM

How do you know the right time to exit when price action goes your way? While no forecasting method guarantees that you buy at the absolute low and sell at the absolute high, Elliott wave analysis -- and, specifically, Fibonacci relationships between waves -- can help you identify high-probability price targets.

Filed Under: Elliott wave, Elliott Wave Principle, Elliott Wave trading, Fibonacci, forex, trade targets, video, Video - FRUP

Category: Currencies


EUR/CAD Falls to a 4-Month Low: What Happened?
And how Sylvester Stallone exposes the main flaw of fundamental financial analysis... sort of!

By Nico Isaac
5/12/2014 5:15:00 PM

Today we discuss the recent "shock" in the euro/Canadian dollar cross rate (EUR/CAD). On April 27, bullish economic data came out showing Canada's GDP expanded by .2% in February, the second consecutive month of positive growth. Sounds bullish, yet the "loonie" turned down. What would Sylvester Stallone say about that!

Filed Under: charts, currency, diagonal, Elliott wave, euro, fundamental analysis

Category: Currencies


EURUSD: First, a New High for 2014, Then – a Crash!
The euro was destined to rise AND fall “with or without the news” from central banks – see the charts below to understand why

By Vadim Pokhlebkin
5/9/2014 6:00:00 PM

What a week. On Thursday (May 8) the euro hit a new high  for 2014 against the U.S. dollar. But the gains didn’t hold: Soon after EURUSD reversed and fell hard. Why? We’ll give you two explanations...

Filed Under: Bank of England, Elliott wave, Elliott Wave trading, euro/USD exchange rate, european central bank, European Union (EU), eurozone, forex, forex trading, technical analysis, technical indicators, trade targets, U.S. dollar

Category: Currencies


EURUSD: Hangin' Tough. Next Stop, 1.40?
The euro is now face-to-face with a big "round number"

By Vadim Pokhlebkin
5/6/2014 5:15:00 PM

After going sideways for most of April, EURUSD, the euro-dollar exchange rate, finally broke free on May 6, rising as high as 1.3951 intraday. That puts it within spitting distance from 1.40 -- a nice, juicy, big “round number.” Mmm.

Filed Under: currency, Elliott wave, Elliott Wave trading, euro, europe, forex, forex trading, fundamental analysis, technical analysis, technical indicators, trade targets, Traders, U.S. dollar

Category: Currencies


EURUSD: I’d Rather … Watch Grass Growing
From an Elliott wave perspective, when a market go flat, look for a triangle

By Vadim Pokhlebkin
4/25/2014 5:15:00 PM

The week ending April 25 was frustrating for euro bulls and bears alike. EURUSD, the euro-dollar exchange rate and the world’s most actively-traded market, may as well not have traded at all. But that may be about to change.

Filed Under: contracting triangle, Elliott wave, Elliott Wave trading, euro, euro/USD exchange rate, forex, forex trading, technical analysis, U.S. dollar

Category: Currencies


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© 2014 Elliott Wave International

The Elliott Wave Principle is a detailed description of how financial markets behave. The description reveals that mass psychology swings from pessimism to optimism and back in a natural sequence, creating specific Elliott wave patterns in price movements. Each pattern has implications regarding the position of the market within its overall progression, past, present and future. The purpose of Elliott Wave International’s market-oriented publications is to outline the progress of markets in terms of the Wave Principle and to educate interested parties in the successful application of the Wave Principle. While a course of conduct regarding investments can be formulated from such application of the Wave Principle, at no time will Elliott Wave International make specific recommendations for any specific person, and at no time may a reader, caller or viewer be justified in inferring that any such advice is intended. Investing carries risk of losses, and trading futures or options is especially risky because these instruments are highly leveraged, and traders can lose more than their initial margin funds. Information provided by Elliott Wave International is expressed in good faith, but it is not guaranteed. The market service that never makes mistakes does not exist. Long-term success trading or investing in the markets demands recognition of the fact that error and uncertainty are part of any effort to assess future probabilities. Please ask your broker or your advisor to explain all risks to you before making any trading and investing decisions.