The AUD/USD pair went back and forth during the course of the session on Monday, as we continue to hang about the 0.7050 level. Ultimately, the market has to deal with the 0.70 level below as support....
By Elliott Wave International Mark Galasiewski is the editor of our monthly Asian-Pacific Financial Forecast. Mark’s a big-picture guy — he loves analyzing the longer-term chart patterns, because they have the most significance to human social history....
Is this sleeping giant ready to offer opportunities for investors? Anyone investing since the 1980s knows the boom and bust story of Japan and its Nikkei stock index. The Nikkei peaked just below 39,000 in 1989. Once...
By Elliott Wave International As a native New Yorker, I can say with complete confidence: It’s true; there’s no place on earth like The Big Apple. It’s also true that, until recently, most New Yorkers would trip...
By Elliott Wave International In the early 1990s, two simple words from a genius ad campaign radically transformed the way the U.S. consumer saw it: “Got Milk?” Suddenly, the narrative changed from an obligatory drink you had...
By Elliott Wave International Most people extrapolate present trends into the future. But yesterday’s trend can look like day vs. night when tomorrow arrives. Almost no one expected deflation when the December 2007 Elliott Wave Theorist said:...
By Elliott Wave International The following article on currency devaluation’s role in deflation is from Elliott Wave International, the world’s largest financial forecasting firm. EWI has just released a new report, Deflation and the Devaluation Derby, to...
By Elliott Wave International Elliott waves don’t merely reflect prices plotted over time. Each wave has its own “personality.” Watch this video by EWI’s Wayne Gorman to learn more about the psychology behind the waves and how...
By Elliott Wave International After 20 years of experience applying Elliott wave analysis in real markets, our Senior Analyst Jeffrey Kennedy says that it remains the only tool that will tell him — down to the tick,...
By Elliott Wave International “Guessing or going by gut instinct won’t work over the long run. If you don’t have a defined trading methodology, then you don’t have a way to know what constitutes a buy or...