The USD/JPY pair initially tried to rally during the course of the session on Monday, but then turned back around to form a relatively negative candle. Ultimately, we did break out during the session on Friday, as...
The USD/CAD pair fell initially during the course of the session on Monday, but as you can see turned back around to form a hammer. The hammer of course suggests that the market is going to go...
The GBP/USD pair rose during the course of the session on Monday, as we continue to see quite a bit of volatility. However, the market has more than enough resistance above to keep this market going lower....
The EUR/USD pair went back and forth during the course of the session on Monday, showing that the market is essentially stuck at this point. However, we believe that the uptrend line that that previously held the...
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:...
