By Vadim Pokhlebkin
2/3/2012 6:45:00 PM
Mainstream analysts can busily debate Europe's "fundamentals," but here at Elliott Wave international our European Financial Forecast editor Brian Whitmer reports this...
Filed Under: AEX, bailouts, Elliott wave, euro, europe, european central bank, European debt crisis, european markets, eurozone, prechter, technical analysis, technical indicators
Category: European Markets
By Vadim Pokhlebkin
1/8/2012 11:00:00 PM
Since August 2011, the FTSE 100 has rallied in a series of three-wave structures. The FTSE Small Cap Index recorded lower lows in both October and November. The DAX’s retracement high this past fall was a Fibonacci 61.8% of its previous decline. Rallies were weaker in the CAC 40 and Eurostoxx 50, as both indexes have retraced about 50% of their respective sell-offs. Get the detailed analysis of these observations -- and our forecasts -- in the opening section of the January 2012 European Financial Forecast.
Filed Under: Bank of England, Bear market, Elliott wave, euro, euro stoxx 50, europe, european central bank, European debt crisis, european markets, European Union (EU), eurozone, technical analysis, technical indicators
Category: European Markets
By Vadim Pokhlebkin
12/5/2011 5:00:00 PM
Every recent stock rally in Europe ignites the hope that the worst of the debt crisis is finally over. Yet every mini-crash that follows mocks those hopes once again... and again... We watched ups and downs like these in 2007-2009, too.
Filed Under: bailouts, Bank of England, CAC40, DAX, economic depression, Elliott wave, eu, euro, euro stoxx 50, euro/USD exchange rate, europe, european central bank, European debt crisis, european markets, European Union (EU), eurozone, FTSE, soverign debt crisis, Swiss Market Index (SMI)
Category: European Markets
By Paul DeBoer
12/2/2011 2:00:00 PM
How many European bankers does it take to change a light bulb? That's a joke in search of an answer, but EWI's European analyst Brian Whitmer explained five months ago that the "light bulb moment" was coming -- that’s the time when most people would clearly recognize the severity of the European debt crisis. He offered this spot-on analysis back in July 2011, before the larger world came to know recently how bad things really are in the eurozone.
Filed Under: european central bank, European debt crisis, european markets, European Union (EU), eurozone, Greek debt
Category: European Markets
By Bob Stokes
11/30/2011 4:30:00 PM
Fifteen major U.S. and European banks were just downgraded by Standard & Poor's. Please consider this insightful excerpt from a recent Elliott Wave Theorist titled, "The Coming Worldwide Bank run"...
Filed Under: bailouts, central banks, Club EWI, credit crisis, debt downgrade, european central bank, European debt crisis, liquidity, Robert Prechter, soverign debt crisis, stimulus package
Category: U.S. Economy
By Vadim Pokhlebkin
11/25/2011 9:00:00 AM
Inside EWI's forex-focused Currency Specialty Service, you won't find any discussions of how Ben Bernanke's rumored QE3 campaign, or another round of bailouts by the European Central Bank, might affect the US dollar, or euro, or pound. Here's what you will find -- take a look at these 4 charts...
Filed Under: bailouts, Elliott wave, Elliott Wave trading, euro, european central bank, European debt crisis, forex, forex trading, Japanese yen, quantitative easing, technical analysis, technical indicators, trading lessons, U.S. dollar
Category: Currencies
By Susan C. Walker
11/23/2011 2:00:00 PM
It's getting harder to borrow in Europe, because lenders aren't so eager to lend.
Filed Under: europe, european central bank, European debt crisis, european markets, eurozone
Category: European Markets
EUR/USD: Don't Let the News Confuse You
Shouldn't the European Central Bank's readiness to stop the debt crisis be a euro-bullish factor?
By Vadim Pokhlebkin
11/16/2011 7:45:00 PM
On November 16, EUR/USD slipped to $1.3420, a low it's not seen since early October. "Euro Reaches 5-Week Low on Bets ECB to Buy More European Debt," one headline explained the euro weakness. Strange; shouldn't the European Central Bank's readiness to stop the debt crisis be a euro-bullish factor? Well, that depends.
Filed Under: Elliott Wave trading, eu, euro, euro/USD exchange rate, europe, european central bank, European debt crisis, european markets, European Union (EU), eurozone, forex, forex trading, technical analysis, technical indicators, U.S. dollar
Category: Currencies
By Vadim Pokhlebkin
11/4/2011 6:00:00 PM
In times of uncertainty -- when emotions run high and no one knows what will happen next -- the mainstream financial community is usually gripped by confusion and panic. And yet it's precisely at these sorts of "flash crash" moments that Elliott wave analysis shines, as wave patterns in price charts become clear. Why?
Filed Under: debt crisis, debt downgrade, economic depression, Elliott wave, European Union (EU), euro, euro stoxx 50, eurozone, euro/USD exchange rate, europe, european central bank, European debt crisis, European Union (EU), eurozone, Greek debt
Category: European Markets
By Susan C. Walker
11/3/2011 6:00:00 PM
While the guessing game goes on about Greece, EWI's European Financial Forecast editor, Brian Whitmer, combs through the conflicting messages and points out what really matters...
Filed Under: bailouts, debt crisis, Elliott wave, European Union (EU), euro, euro stoxx 50, eurozone, europe, european central bank, European debt crisis, European Union (EU), eurozone, Greek debt
Category: European Markets
By Vadim Pokhlebkin
10/31/2011 2:45:00 PM
What is the future of the U.S. dollar, and how do you apply Elliott wave analysis to the EUR/USD? Watch EWI's Chief Currency Strategist and editor of our forex-focused Currency Specialty Service Jim Martens explain in this free video interview.
Filed Under: Elliott Wave trading, Elliott wave, euro, euro/USD exchange rate, european central bank, European debt crisis, forex, forex trading, Swiss franc, trading lessons, U.S. dollar
Category: Currencies
By Vadim Pokhlebkin
10/27/2011 4:30:00 PM
On Thursday, the EU agreed to expand a bailout fund, and the euro surged, pushing the EUR/USD above $1.42 for the first time in weeks. Question: Is this a start of a real bull trend against the U.S. dollar, or a temporary relief?
Filed Under: bailouts, banks, Elliott Wave trading, Elliott wave, euro, european central bank, European debt crisis, forex, forex trading, Greek debt, U.S. dollar
Category: Currencies
By Vadim Pokhlebkin
10/20/2011 10:15:00 PM
The European single currency, the euro, was introduced in 1999. Today its report card -- and that of the eurozone -- looks impressive. Why, then, is the euro also quickly becoming one of the most suspect currencies in the world?
Filed Under: Elliott Wave trading, Elliott wave, European Union (EU), euro, euro stoxx 50, eurozone, euro/USD exchange rate, europe, european central bank, European debt crisis, European Union (EU), eurozone, socionomics
Category: European Markets
EUR/USD: Do You "Trade on Fundamentals"?
If you want something more than hope to base your forex trading on, consider Elliott wave analysis
By Vadim Pokhlebkin
10/11/2011 7:30:00 PM
You may have seen a TV ad where "traders" describe their strategies, and one says, "I trade on fundamentals." Let's see how this approach may work in real life -- in forex. On October 4, the EUR/USD fell to $1.3152 -- the low not seen since January 2011...
Filed Under: Elliott Wave trading, Elliott wave, euro, eurozone, euro/USD exchange rate, european central bank, European debt crisis, forex, forex trading, trading lessons, trading lessons, U.S. dollar
Category: Currencies
By Vadim Pokhlebkin
10/7/2011 11:45:00 PM
Did you realize that so far this year, France’s CAC 40 stock index has taken back nearly 2 years’ worth of gains in a mere 7 months? Same is true for the pan-European Eurostoxx 50 index. And, as markets dropped in September, less than 10% of futures traders said they were bullish on the DAX, FTSE, CAC 40 and Eurostoxx 50 in August and September. More...
Filed Under: CAC40, DAX, Elliott Wave trading, euro, european central bank, European debt crisis, eurozone, FTSE, Greek debt, Irish debt crisis, sentiment, soverign debt crisis, Swiss Market Index (SMI), volatility
Category: European Markets
By Vadim Pokhlebkin
9/28/2011 6:45:00 PM
From its Sept. 26 low of $1.3365, the EUR/USD (the euro-dollar exchange rate and the most actively-traded forex pair) has rallied over 300 points into the September 28 high near $1.37. You'll read in the media that the reason for the rally was the optimism about the European debt resolution. But here's an explanation that's not often discussed
Filed Under: Elliott Wave trading, euro, eurozone, euro/USD exchange rate, european central bank, European debt crisis, European Union (EU), eurozone, forex, forex trading, sentiment, U.S. dollar
Category: Currencies
By Nico Isaac
9/8/2011 1:45:00 PM
Question: If you know with 100% certainty that a specific event will happen on a specific future date, could you in turn be surprised when the event does indeed happen? Common sense says "no." Yet, recent mainstream news stories on the euro would have you believe otherwise. Check it: On Wednesday September 7, the euro gained ground in a late-day rally.
Filed Under: contracting triangle, Elliott Wave trading, euro, european central bank
Category: Currencies
By Vadim Pokhlebkin
9/2/2011 5:30:00 PM
How do you know when "something's up" in the markets? "When markets that were once diverging begin to trend together" -- that's how, says editor Brian Whitmer in the September 2011 issue of his monthly European Financial Forecast. Inside the September 2011 issue...
Filed Under: AEX, Bank of England, DAX, deflation, Elliott wave, euro, european central bank, European Union (EU), eurozone, FTSE, inflation, soverign debt crisis, Swiss franc, Swiss Market Index (SMI), technical analysis, volume
Category: European Markets
European Banks: "Panic Now and Avoid the Rush"
"The Bank of Ireland and Allied Irish bank collapsed in September 2010 -- shortly after they received passing grades from European banking supervisors"
By Vadim Pokhlebkin
8/19/2011 10:00:00 AM
Bank stocks led the declines across Europe on August 18. At EWI, we are not afraid to call a spade a spade. A year ago, when the rest of the world was praising the results of the July 2010 European bank "stress tests," the editor of our monthly European Financial Forecast Brian Whitmer made this comment in the August 2010 issue...
Filed Under: bailouts, Elliott wave, European Union (EU), euro, euro stoxx 50, eurozone, europe, european central bank, European debt crisis, European Union (EU), eurozone, Greek debt
Category: European Markets
By Nathaniel Williams
8/8/2011 5:45:00 PM
France's CAC 40 plummeted another 4% on Monday, Aug. 8, extending the recent selloff to new lows. Could you have anticipated this market volatility that has seen the CAC 40 fall almost 20% in just one month? Yes -- with the right tools, that is.
Filed Under: CAC40, DAX, European Union (EU), euro stoxx 50, eurozone, europe, european central bank, European debt crisis, European Union (EU), eurozone, FTSE, Swiss Market Index (SMI)
Category: European Markets