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Market Insight: USDJPY Completes a 5-Wave Rally
Once the market makes the move, it's easy to find economic or political factors to pin it on. What’s hard is to know where the market will go before the news.

By Vadim Pokhlebkin
5/16/2013 5:15:00 PM

On May 15, just as EURUSD broke below the psychologically important price level of 1.30, USDJPY staged a rally. The mainstream forex news sources cited various fundamental factors for the dollar strength/yen weakness. Yet, as you have probably noticed, those explanations almost always make perfect sense -- but only after the fact.

Filed Under: currency, Elliott wave, Elliott Wave trading, forex, forex trading, Japanese yen, U.S. dollar, usd/jpy

Category: Currencies


EURUSD Drops Below 1.30... Why, Again?
Wave analysis works because it helps you track the waves of the market's crowd psychology, which unfold in predictable patterns.

By Vadim Pokhlebkin
5/16/2013 4:30:00 PM

It's official: The euro zone economy has now been in the longest recession since the EUR was introduced in 1999. That news hit the wires on May 15. No wonder EURUSD, the euro-dollar exchange rate, fell that day as the U.S. dollar took the upper hand. But let's take a look at what happened from an Elliott wave perspective...

Filed Under: currency, Elliott wave, Elliott Wave trading, euro, euro/USD exchange rate, europe, eurozone, forex, forex trading, U.S. dollar

Category: Currencies


While EURUSD Lags, Other Forex Markets Are on the Move
While the euro has gone flat, USDCAD, USDCHF and EURJPY have done -- or are about to do -- the opposite.

By Vadim Pokhlebkin
5/7/2013 6:45:00 PM

If EURUSD were a cardiac patient, this is the moment when the doctor would give the order: "Do not attempt to resuscitate." Seriously, take a look at what the euro has done since the start of this month...

Filed Under: currency, Elliott Wave trading, euro, forex, forex trading, Japanese yen, Swiss franc, usd/jpy

Category: Currencies


EURUSD: Post-Fed, Post-ECB Market Insight

By Vadim Pokhlebkin
5/3/2013 5:00:00 PM

Our May 1 story "EURUSD: The First Shoe Drops" said that the world's most-popular forex pair was about to turn lower, after finishing a 5-wave upward move. EURUSD topped the same day at 1.3243, and since then has lost about 200 pips -- so far...

Filed Under: currency, euro, euro/USD exchange rate, european central bank, Fibonacci, forex, forex trading, U.S. dollar, U.S. Federal Reserve (the Fed)

Category: Currencies


EURUSD: Big Week Ahead
Will the euro rally or fall on the news from the European Central Bank meeting on Thursday?

By Vadim Pokhlebkin
4/29/2013 5:15:00 PM

Two news stories from Europe hit the headlines Monday morning (Apr. 29). One: Italy finally ended its political chaos and swore in the new government. Two: The eurozone economic confidence fell more than expected. EURUSD, the euro-dollar exchange rate and the most traded forex market, rose on Monday. But pretend for a second that you didn't know that. Try this instead...

Filed Under: consumer confidence, currency, Elliott wave, Elliott Wave trading, euro, euro/USD exchange rate, european central bank, eurozone, forex, forex trading, Traders, U.S. dollar

Category: Currencies


EURUSD: Below 1.30, Again
Odds are, this opportunity is still young.

By Vadim Pokhlebkin
4/23/2013 9:00:00 PM

On April 23, the world's most traded forex pair slipped 20 pips below the psychologically-important level of 1.30. Predictably, analysts blamed the sell-off on a fundamental factor -- namely, a weak economic report from Germany. A fine explanation indeed, yet one question remains: Now that we know why EURUSD fell, where will it go next?

 

Filed Under: currency, Elliott Wave trading, euro, forex, fundamental analysis, technical analysis, U.S. dollar

Category: Currencies


Market Insight: GBPUSD Enters a Strong Sell-Off
By the looks of it, the decline has much more to go.

By Vadim Pokhlebkin
4/19/2013 5:45:00 PM

"Britain’s pound depreciated versus most of its major peers after Fitch Ratings downgraded the U.K.’s long-term credit rating one step to AA+ from AAA," reported Bloomberg on April 19. The day before, our Currency Specialty Service posted the following forecast...

Filed Under: currency, Elliott wave, Elliott Wave trading, forex trading, sterling, technical analysis, trade targets, U.S. dollar

Category: Currencies


Short-Term Euro Memory Loss
.. And long-term euro calls from EWI's European Financial Forecast

By Nico Isaac
4/1/2013 5:15:00 PM

Recently I watched "Memento," the excellent movie about a man with retrograde amnesia who tries to solve his wife's murder. The protagonist has about 30 seconds to write down new clues on scraps of paper -- or in some cases tattoo those clues onto his body -- before his short-term memory completely fails. 

Filed Under: central banks, currency, Elliott wave, euro, europe, european central bank, european markets, eurozone, U.S. dollar

Category: European Markets


Global Deflation: Protect Your Wealth from What the Majority Do Not Expect
Shield your wealth before trusted facilities close their doors

By Bob Stokes
2/15/2013 4:15:00 PM

Last month the economy of the United States unexpectedly shrank by 0.1% in the fourth quarter. Deflationary forces are affecting more than just the American markets. In fact, they're even stronger across the pond. The euro zone's accelerating economic contraction should serve as a warning sign to anyone who believes the global economy is on the road to recovery. Opportunities to protect your wealth will close shut once a deflationary trend is well underway. Learn how to access safe storage facilities for your assets.

Filed Under: 1929 Stock Market Crash, all the same market theory, currency, deflation, European debt crisis, eurozone, great depression, gross domestic product (GDP), history, Robert Prechter, safe haven, Sovereign Debt

Category: Global Markets


Market Insight: USD/JPY (Dollar/Yen)

By Vadim Pokhlebkin
1/22/2013 10:45:00 PM

The Japanese yen began losing against the U.S. dollar in October 2012, getting a lot of attention from forex investors, who made betting against the JPY (and in favor of the USD) one of the most popular forex trades over the past few months.

But lately

The Japanese yen began losing against the U.S. dollar in October 2012, getting a lot of attention from forex investors, who made betting against the JPY (and in favor of the USD) one of the most popular forex trades over the past few months. But recently...

Filed Under: currency, Elliott wave, Elliott Wave trading, forex, forex trading, Japanese yen, U.S. dollar, usd/jpy

Category: Currencies


BRIC Currencies: The Brazilian Real
Is the currency set to strengthen against the U.S. dollar?

By Vadim Pokhlebkin
1/17/2013 8:30:00 PM

At Elliott Wave International, we apply Elliott wave analysis to more than 40 global markets. While the major ones usually steal the spotlight, the insights you gain by applying the method to the markets that don't normally make the headlines are worth seeing. Take the Brazilian real, for example...

Filed Under: BRIC, currency, Elliott wave, Elliott Wave trading, emerging markets, forex, U.S. dollar

Category: Global Markets


A Clear Trend In Commodities For the Next 20 Years
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
1/17/2013 2:45:00 PM

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: commodities, CRB index, currency, Elliott wave, Elliott Wave trading, fundamental analysis, futures trading, Jeffrey Kennedy, U.S. dollar

Category: Commodities


U.S. Dollar Index: The Buck Will Not Stop Here
How high will the greenback go?

By Bob Stokes
11/6/2012 4:00:00 PM

The direction the crowd takes is usually not the best indicator for decision-making about investments, including the U.S. dollar. EWI takes an independent view of the U.S. Dollar Index, one of the key markets covered in its Financial Forecast Service. See what we see.

Filed Under: currency, Elliott wave, forex, hedge funds, U.S. dollar

Category: Currencies


(VIDEO) AUD/USD: "Look to the 1.05 Area..."
8-minute video by EWI's Currency Specialty Service editor shows you how the Elliott wave concept of "waves within waves" allows you to find both the short- AND long-term trends.

By Vadim Pokhlebkin
10/15/2012 5:15:00 PM

In mid-July, AUD/USD, the exchange rate between the U.S. and Australian dollar (and a popular forex pair) was trading near 1.0100. But Elliott wave analysis told EWI's Currency Specialty Service editor, Jim Martens, to expect a big rally: all the way to 1.05, at least. Watch this entire 8-minute video...

Filed Under: currency, Elliott Wave trading, forex, technical analysis, technical indicators, trade targets, trading lessons, U.S. dollar

Category: Currencies


VIDEO: Why on July 19 We Expected a New High in the U.S. Dollar Index
A step-by-step video example of applying Elliott wave analysis to a forex market

By Vadim Pokhlebkin
8/3/2012 4:45:00 PM

You may remember that in July, as the U.S. dollar was getting stronger, there were lots of bullish mainstream opinions on the USD -- but few could tell you just where the dollar winning streak might stop. At that same time, Elliott wave analysis was offering you a very practical answer to that question. Watch.

Filed Under: currency, Elliott wave, forex, U.S. dollar, video

Category: Currencies


EUR/USD: A Trade Setup You Can Use Again. And Again. And Again.
The way we trade the markets changes, but human nature does not.

By Vadim Pokhlebkin
8/2/2012 8:00:00 PM

In the field of technical analysis, which makes forecasts based on the repetitive nature nature of price patterns, looking at the past is precisely the way to learn what trend to expect next. Consider an example from not so ancient history: July 24, a little over a week ago. That day, stocks around the world fell; so did the euro against the U.S. dollar. The headlines said...

Filed Under: currency, Elliott wave, Elliott Wave trading, euro, forex, U.S. dollar

Category: Currencies


Australian Dollar: "Still Surging" -- Why, Again?
This is a story we've seen repeated in the forex markets again and again.

By Vadim Pokhlebkin
7/19/2012 6:30:00 PM

Picture this. It's late May. You're in Australia. You have an interest in the currency markets: Maybe you speculate in forex; maybe your business depends on the exchange rates. Every morning, you scan the headlines. This is what you see regarding the Australian dollar during the last week of May...

Filed Under: Asia Dollar Index, currency, Elliott Wave trading, euro, euro/USD exchange rate, forex, forex trading, Japanese yen, safe haven, Singapore Dollar, Swiss franc, technical analysis, technical indicators, trade targets, Traders, trading lessons, U.S. dollar, usd/jpy, yuan

Category: Currencies


Forex Traders: Watch This Video -- Then Join Our Special, FREE FX-Trading Event on July 18-26
On July 18, join us for the free 45-minute live forex webinar, "How to Trade the Top 5 Forex Opportunities Right Now."

By Vadim Pokhlebkin
7/13/2012 4:30:00 PM

Every day, forex markets present you with multiple potential trading opportunities. For example, here's what the Elliott wave picture in the 12 most-traded currency pairs looks like today...

Filed Under: currency, Elliott wave, Elliott Wave Education, Elliott Wave Principle, Elliott Wave trading, euro, forex, forex trading, Japanese yen, online trading, sterling, Swiss franc, technical analysis, U.S. dollar, usd/jpy, video

Category: Currencies


Forex Traders: Make Jim Martens Your Personal Elliott Mentor for 90 Minutes
Learn this easy-to-follow method for your forex trades with EWI's Senior Currency Strategist.

By Jill Noble
6/27/2012 4:00:00 PM

Jim shares examples of high-probability trade setups before a live audience of professional traders into a brand new 90 minute DVD -- designed to help you bridge the gap between Elliott wave theory and practical application.

Filed Under: currency, Elliott Wave Education, Elliott Wave Principle, forex, forex trading, technical analysis, Traders, trading lessons

Category: Currencies


Why Consider This $4-Trillion-a-Day Market?
Elliott Wave International's forex expert discusses the pros and cons of speculating in currencies vs. stocks

By Vadim Pokhlebkin
6/27/2012 10:00:00 AM

EWI presents an interview with Senior Currency Strategist Jim Martens: Jim, our readers often tell us that they want to make money trading the markets. There are lots of options for would-be speculators out there. Your area is forex -- the market which has grown by leaps and bounds lately. Can you explain why I'd want to look at forex and not, say, the more "traditional" stock trading? Jim Martens: ...

Filed Under: currency, Elliott Wave Principle, Elliott Wave trading, forex, forex trading

Category: Education


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© 2013 Elliott Wave International

The Elliott Wave Principle is a detailed description of how financial markets behave. The description reveals that mass psychology swings from pessimism to optimism and back in a natural sequence, creating specific Elliott wave patterns in price movements. Each pattern has implications regarding the position of the market within its overall progression, past, present and future. The purpose of Elliott Wave International’s market-oriented publications is to outline the progress of markets in terms of the Wave Principle and to educate interested parties in the successful application of the Wave Principle. While a course of conduct regarding investments can be formulated from such application of the Wave Principle, at no time will Elliott Wave International make specific recommendations for any specific person, and at no time may a reader, caller or viewer be justified in inferring that any such advice is intended. Investing carries risk of losses, and trading futures or options is especially risky because these instruments are highly leveraged, and traders can lose more than their initial margin funds. Information provided by Elliott Wave International is expressed in good faith, but it is not guaranteed. The market service that never makes mistakes does not exist. Long-term success trading or investing in the markets demands recognition of the fact that error and uncertainty are part of any effort to assess future probabilities. Please ask your broker or your advisor to explain all risks to you before making any trading and investing decisions.