By Elliott Wave International Extreme investor sentiment, whether bullish or bearish, is often a sign that a financial market is on the cusp of a turn. Here’s the reason: When almost everyone is bullish (or bearish), there’s...
One reason we enjoy our partnership with the folks at Elliott Wave International is because they have a ton of useful content — and they are glad to share it. You may remember how back in April,...
USDCAD stays in a falling price channel on the daily chart and remains in the downtrend from 1.4667. As long as the channel resistance holds, the bounce from 1.3314 could be treated as consolidation for the downtrend...
USDJPY is facing 105.98 support, a breakdown below this level could take the price to 103.00 area. Near term resistance is at 107.65, a breakout of this level could trigger another rise towards 112.00.
AUDUSD stays above a rising trend line on the daily chart and remains in the uptrend from 0.5507. As long as the trend line support holds, the pullback from 0.7063 could be treated as consolidation for the...
GBPUSD failed to break above the falling trend line on the daily chart and pulled back from 1.2812. However, another rise to test the trend line resistance is possible, and a breakout of 1.2812 level could trigger...
EURUSD remains in the uptrend from 1.0635, the pullback from 1.1422 is likely corrective consolidation for the uptrend. Another rise to test 1.1496 resistance is possible, a break of this level could take the price to 1.1800...
By Elliott Wave International June started off with speculators decidedly negative toward the U.S. dollar. On the second day of the month, the Financial Times said: Wall Street strategists say dollar could be set for “dramatic” falls...
By Elliott Wave International The financial sector has been one of the global stock market’s bedrocks for decades. That’s why its performance is so critical to the overall stock market health. Well, here’s a chart of the...
By Elliott Wave International Back in early March, the behavior of the bond market was reminiscent of what unfolded during the depths of the 2007-2009 financial crisis. Prices and yields were making major moves in a short...
