By Vadim Pokhlebkin
2/9/2012 7:00:00 PM
Usually every Friday, Jim Martens, the editor of Elliott Wave International's forex-focused Currency Specialty Service, records a video update for subscribers. Watch this 6-minute video clip where Jim explains what made him turn very bullish on the U.S. dollar (bearish EURUSD) on December 22, 2011. It's a great example of applying Elliott wave analysis in forex markets.
Filed Under: Elliott wave, euro, forex, forex trading, technical analysis, technical indicators, U.S. dollar
Category: Currencies
Forex Insight: EURUSD Pushes Higher, But for How Long?
Where will the euro go on February 9? How about on the 10th, or the day after? The latest European "fundamentals" can’t really help you with that
By Vadim Pokhlebkin
2/8/2012 5:15:00 PM
"NEW YORK -- The euro moved toward a two-month high as news reports challenged hopes that the European Central Bank may be the clinch to an agreement on a second bailout for Greece." (Feb. 8, Wall Street Journal) Great. Now that you know why EURUSD moved higher on February 8, where will it go on February 9? How about on the 10th? The "fundamentals" can’t really help you with that.
Filed Under: Elliott wave, Elliott Wave trading, euro, euro/USD exchange rate, European debt crisis, eurozone, forex, forex trading, Greek debt, technical analysis, technical indicators, trading lessons, U.S. dollar
Category: Currencies
By Vadim Pokhlebkin
1/27/2012 5:00:00 PM
Elliott waves often relate to each other by Fibonacci ratios. Based on these common wave length proportions, our forex-focused Currency Specialty Service had the price target of "above $1.3053" for the latest EURUSD rally.
Filed Under: contracting triangle, Elliott wave, Elliott Wave trading, euro, forex, forex trading, technical analysis, technical indicators, U.S. dollar
Category: Currencies
By Vadim Pokhlebkin
1/23/2012 11:00:00 PM
The U.S. dollar sold off strongly in the forex markets on January 23, pushing EUR/USD, the euro-dollar exchange rate, as high as $1.3047 in the process. While the "fundamental" picture for the euro remains murky (continued Greek debt negotiations being the latest factor under the microscope) from an Elliott wave perspective, the trend in EUR/USD is much more definable, at least in the short term
Filed Under: Elliott wave, Elliott Wave trading, euro, eurozone, forex, forex trading, Greek debt, U.S. dollar
Category: Currencies
By Vadim Pokhlebkin
1/18/2012 6:30:00 PM
What was it about the Elliott wave structure of EURUSD (the euro-dollar exchange rate and world's most actively traded forex pair) that told our analysts to expect EURUSD to fall in the second half of 2011? Let's look at a sample of our actual analysis.
Filed Under: Elliott wave, Elliott Wave trading, euro, euro/USD exchange rate, europe, European debt crisis, eurozone, forex, forex trading, prechter, technical analysis, technical indicators, U.S. dollar
Category: Currencies
Commodities: A Clear Trend for the Next 20 Years -- Learn What It Is
EWI chief commodity analyst Jeffrey Kennedy's "Unedited: Forecasting" video presents a "very, very big picture view" of commodities for the next two decades
By Nico Isaac
1/9/2012 6:30:00 PM
If analysis of financial markets was a stage, then all the "fundamental analysis" players would be doing improv: They react to one unexpected external prompt after another, all the while trying to string together a cohesive story -- often to no avail. Practitioners of Elliott wave analysis, on the other side, would be actual theater actors: They memorize script lines (i.e., Elliott wave patterns) and anticipate how the scenes on stage should unfold. And right now, EWI's chief commodity analyst and Futures Junctures Service editor Jeffrey Kennedy shows you that the "stage" for commodities is set for one of the most dramatic "performances" in recent memory.
Filed Under: CRB index, currency, Elliott wave, Elliott Wave trading, fundamental analysis, futures trading, Jeffrey Kennedy, U.S. dollar
Category: Commodities
By Vadim Pokhlebkin
1/4/2012 7:00:00 PM
Looking back at 2011, almost everyone agrees that the euro weakness/dollar strength we saw was only logical. Seriously, where else was the euro to go but down last year, with all the problems in Europe? It's a wonder EURUSD didn't fall any lower! "Fundamentally"-based explanations like this always make perfect sense when you look back. It's when you try to apply them going forward, that's when it gets tricky. I'll give you an example.
Filed Under: Elliott wave, eu, euro, euro/USD exchange rate, europe, European debt crisis, european markets, eurozone, forex, forex trading, technical analysis, technical indicators, trade targets, Traders, trading lessons, U.S. dollar
Category: Currencies
By Debbie Iseler
1/3/2012 5:45:00 PM
In this 3-minute video, EWI Currency Specialist Jim Martens identifies the Elliott waves that offer high-probability trading opportunities.
Filed Under: currency, Elliott Wave trading, forex, forex trading, technical analysis, U.S. dollar
Category: Currencies
By Vadim Pokhlebkin
12/21/2011 6:15:00 PM
On December 21, EURUSD shot up to $1.3200. Forex news headlines were quick to comment: "Euro rises on stronger US, European data." But after EURUSD hit that high, it proptly reversed and crashed down to the $1.3000 level, where it had been stuck all week. You may ask: What happened to that "euro-boost" from the "stronger US and European data"? Good question, and here's the answer...
Filed Under: Elliott wave, Elliott Wave trading, euro, euro/USD exchange rate, European debt crisis, eurozone, forex, forex trading, technical analysis, technical indicators, U.S. dollar
Category: Currencies
By Debbie Iseler
12/20/2011 11:15:00 AM
More credit is denominated in U.S. dollars than any other currency. What does this mean for the value of the dollar as the credit crisis continues its strangle-hold on the world economies? Enjoy this video clip of Bob Prechter.
Filed Under: credit crisis, forex, prechter, U.S. dollar, video
Category: U.S. Economy
By Vadim Pokhlebkin
12/16/2011 4:15:00 PM
On November 4, when EUR/USD was trading near $1.38, EWI's Senior Currency Strategist and the editor of our forex-focused Currency Specialty Service, Jim Martens, recorded this video --
bearish on the EURUSD (bullish on the USD). Since then, EURUSD fell from 1.38 to below $1.30. Watch Jim explain what turned him bearish the euro, bullish the dollar on November 4 >>
Filed Under: Elliott Wave trading, euro, euro/USD exchange rate, eurozone, forex, forex trading, technical analysis, technical indicators, trading lessons, U.S. dollar, video
Category: Currencies
EUR/USD: 10 Pips Away From the "Abyss"
You don't have to wait for more news from Europe to know where the euro and dollar are headed
By Vadim Pokhlebkin
12/13/2011 6:45:00 PM
On December 13, EUR/USD (the euro-dollar exchange rate and the most actively-traded forex market) fell as low as $1.3010. That's just 10 pips away from the psychologically important $1.30 level, the threshold of another potential "abyss" for the euro...
Filed Under: Elliott Wave trading, euro, euro/USD exchange rate, European debt crisis, eurozone, forex, forex trading, technical analysis, technical indicators, U.S. dollar
Category: Currencies
By Bob Stokes
12/13/2011 3:30:00 PM
The U.S. Dollar Index has just hit an 11-month high, once again climbing to around $80. Does this suggest that another correction is around the corner, or does this advance "have legs"? The December Financial Forecast says...
Filed Under: euro, forex, forex trading, U.S. dollar
Category: Currencies
By Vadim Pokhlebkin
12/6/2011 10:15:00 PM
After 2-1/2 days spent at Peter Brandt's "How to Trade for a Living" traders' "boot camp," I have a whole new respect for risk management. Peter is obsessed with risk control. I'm sure that's why his trading track record is so astonishing. If you have the opportunity to attend the next Boot Camp, please do. But until then, let's apply some of Peter Brandt's lessons to forex trading...
Filed Under: currency, Elliott Wave trading, euro, euro/USD exchange rate, forex, forex trading, Swiss franc, U.S. dollar, usd/jpy
Category: Currencies
By Vadim Pokhlebkin
11/28/2011 10:00:00 PM
Try this. Look back at any day's news and compare it with the forex market action that followed. It's easy to reconcile the two, isn't it? You can almost always find a reason in the news why the markets did what they did. For example, EUR/USD...
Filed Under: Elliott wave, Elliott Wave trading, eu, euro, euro/USD exchange rate, europe, European debt crisis, European Union (EU), eurozone, forex, forex trading, technical analysis, technical indicators, trading lessons, U.S. dollar
Category: Currencies
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
How Do You "Nail Down" A Forex Market? With A Really, Really Strong "Nail Gun"
EWI's upcoming LIVE online Intensive Forex Trading Tutorial is your first step towards finding high-probability trade set-ups in the world's leading currency markets.
By Nico Isaac
11/18/2011 5:30:00 PM
Forex markets are no picnic, with their 24-hour-a-day trading. They are also not "anchored" to a hard asset like natural resources, which makes them more vulnerable to constant fluctuations. Not surprisingly, forex media reports are likewise in a constant state of flux. Yet forex markets are NOT impossible to navigate. Elliott Wave International has united two of its top instructors -- Jim Martens, editor of EWI's Currency Specialty Service, and Jeffrey Kennedy, co-editor of EWI's Futures Junctures Service -- for the ultimate "dream team" of teaching how to trade forex markets via Elliott wave analysis.
Filed Under: currency, Elliott wave, Elliott Wave Principle, Elliott Wave trading, euro, forex, forex trading, Jeffrey Kennedy, trading lessons, U.S. dollar
Category: Currencies
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
11/9/2011 7:15:00 PM
On November 9, the EUR/USD (exchange rate between the euro and U.S. dollar and the world's most traded forex pair) fell some 300 pips. The euro's sell-off was universally attributed to the bad news about Italian debt... but could you have anticipated it before the news? You could. Hee's how.
Filed Under: Elliott Wave trading, euro, euro/USD exchange rate, forex, forex trading, technical analysis, technical indicators, U.S. dollar
Category: Currencies
By Nico Isaac
11/8/2011 3:00:00 PM
Two months ago, the US dollar went from the global currency world's "SH**" list to its glowing "IT" list. Between September 1 and September 30, the dollar enjoyed a powerful rally against the euro to its highest level in nine months. Now, read how the dollar's September rally was a classic, Elliott wave post-triangle thrust.
Filed Under: contracting triangle, Elliott Wave trading, euro, forex, forex trading, technical analysis, technical indicators, trading lessons, U.S. dollar
Category: Currencies