By Elliott Wave International It’s now been five-plus months into the global shutdown. By now, many people have tossed in the towel on some of their more lofty quarantine goals — such as, training for a marathon...
By Elliott Wave International Yes, stocks have been in rally mode. Even so, a group of multimillionaires appears to be shifting from an optimistic mindset to one of pessimism about the financial future. Their solution is hard,...
By Elliott Wave International Sometimes you have to dig a little deeper than the headline to find out what really happened. You know, like what’s suggested by the television title “True Hollywood Story,” or the BBC’s “Real...
By Elliott Wave International Elliott Wave International’s analysts have posited that the next big global monetary event will be deflation, not inflation. The writer of an August 18 Telegraph article also sees “powerful deflationary winds.” Here’s an...
USDCAD’s downside movement from 1.4667 extended to as low as 1.3132. As long as the price is in the falling price channel on the daily chart, the downside movement could be expected to continue and next target...
USDJPY stays below a falling trend line on the daily chart and remains in the downtrend from 111.71. As long as the price is below the trend line, the price action from 104.18 could be treated as...
AUDUSD extended its upside movement from 0.5507 to as high as 0.7275. Further rise is still possible next week and next target would be at 0.7500 area. Near term support is at 0.7060, a breakdown below this...
GBPUSD extended its upside movement from 1.1409 to as high as 1.3266. Further rise is still possible after a minor consolidation and next target would be at 1.3500 area. Near term support is at 1.2980, a breakdown...
EURUSD moved sideways in a trading range between 1.1695 and 1.1965. As long as the price is above the rising trend line on the daily chart, the sideways movement could be treated as consolidation for the uptrend...
By Elliott Wave International Elliott Wave International’s analysts have long noted that periods of low stock market volatility are almost always followed by periods of high volatility. Granted, periods of low volatility can stretch for a while,...
