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U.S. Dollar: An Intervention?
What does it take for a central bank to turn the tide on a currency's exchange rate?

by Vadim Pokhlebkin
4/14/2008 6:45:00 PM

If you're a currency trader, you know exactly what the word "intervention" means. When a central bank decides to step in and buy or sell a currency to fulfill whatever plan it may be pursuing, it may wreak havoc on the forex markets. What happened in the forex markets this past weekend was not an intervention – just a strong allusion to one. Still...

Filed Under: u.s. dollar, euro, intervention, plaza accord, g-7 meeting, Currencies, eur/usd
Category: Currencies


VIDEO (Forex): How To Use Market Corrections to Your Advantage
Elliott Wave International shows in a free video a technique for taking advantage of complex market corrections.

by Vadim Pokhlebkin
3/9/2008 9:40:33 PM

In mid-February, the exchange rate between the U.S. dollar and Japanese yen stood near 108. Today, it stands near 102, some 600 points (or pips) lower. What if you knew a technique, which -- just by looking at chart picture of the USD/JPY -- could have warned you of this move before it occurred? The free 9-minute video you are about to see shows you just how to do it.

Filed Under: u.s. dollar, japanese yen, forex, Currencies
Category: Currencies


U.S. Dollar: Model Behavior

by Editorial Staff
12/12/2007 12:30:00 PM

Excerpt

Filed Under: Currencies, Short Term Update
Category: Currencies


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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.