Currencies

Foreign exchange is the world's biggest market, with daily trading volume of $5+ trillion -- about 10 times the total volume of the world's stock exchanges combined. High liquidity and 24-hour access are just two reasons why millions of traders focus on currencies exclusively.

USDJPY: Two Charts, Same Wave Pattern – and Same Forecast

You may have heard us say Elliott wave chart patterns are fractal -- meaning, smaller patterns make up larger ones. To understand how powerful this can be in forecasting, watch our Currency Pro Service editor walk you through the 2-week and daily charts of the Japanese yen, a big forex market.

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Elon Musk vs. Dogecoin: Who Leads, Who Follows?

For months leading up to its May peak at 73 cents, Elon Musk's tweets about Dogecoin were said to drive its price higher. Since the peak, Dogecoin has fallen 78% -- yet, Elon Musk's tweets haven't stopped! So, was it really one person's tweets that were driving this market higher? Our Crypto Pro Service editor explains -- and gives you a hint as to what's next for the "joke crypto."

Bitcoin's July 15 Faceplant: It was an Inside Job Alright ... Just Not the Kind You Think

Bitcoin's fall began last week: media reports blamed a certain Twitter post that went up after price had turned. See it for yourself -- and our forecast beforehand -- in Chart of the Day.

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How RSI Helps You Nail the End of 5th Waves

When the 5th wave of a basic 5-wave Elliott wave pattern ends, the trend reverses. That's important information for any trader or investor – but how do you know just when that 5th wave may be over? Watch our Currency Pro Service analyst show you how to use RSI and cross-market analysis to help with the task. (Forex market NZD/USD in focus.)

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Forex Traders, Honor Thy Stops

If the 3 rules of real estate are "location, location, location," then you could say that the 3 rules of trading should be "risk management, risk management, risk management." Watch our Currency Pro Service editor show you how to use Elliott wave analysis to place your stops. (EURUSD in focus.)

Why Bitcoin’s “Wild Swings” May Soon Resume

Bitcoin's trading range has narrowed considerably in the past several weeks. In addition, trading volume has fallen. Learn why it's time to get insights from bitcoin's Elliott wave pattern.

The Big Warning Sign Before the "Flash Crash" In Cryptos

Two recent "regulatory crackdowns" supposedly led to the July 7-8 "flash crash" in cryptos, especially in Ethereum. Now see why neither event anticipated Ethereum's 14% plunge.

Meet SuperMania and its Ever-Present Sidekick, SuperMeltdown

Advance warnings about the recent crypto crash were there all along. How did almost everyone miss them?

Bitcoin: How Investors Extrapolate the Trend

Many investors tend to linearly extrapolate today's financial trends into the future. This practice is fraught with peril and evident in the price predictions for bitcoin. Here are the details.

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Bitcoin: Down 55% in 2 Months. "IS IT OVER?"

You'll find all kinds of answers to the question in the headline out there. But none will give you a clear, objective analysis based in bitcoin's sentiment reading at its past major highs and lows. If you're thinking about getting into Bitcoin -- and maybe other cryptos -- first, watch this video by our Crypto Pro Service editor.

Bitcoin: “Crowded Trades” Can End Badly. Here’s How to Spot One.

When the "crowd" heads for the exit door at the same time, a "bank run" can happen. This applies generally to financial markets, including cryptos. Here are details.

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Forex: How to Know If Support or Resistance Will Hold

Every forex trader knows to watch closely when a currency pair slows down and starts to go sideways: Chances are, it hit a support or resistance price level. But how do you know if it’s likely to hold or not? Watch our Currency Pro Service editor apply simple Elliott wave analysis to AUDUSD in order to get the answer.

Bitcoin: How Sentiment Suggested a Change of Trend

About two months ago, our U.S. Short Term Update told subscribers to expect lower prices for bitcoin. Prices began a sharp slide shortly thereafter. See what could be next for the cryptocurrency.

Bitcoin's Four-Day, 16% Decline: See the Chart and Forecast That Got It Right

Bitcoin recently saw a fast, double-digit decline -- see how subscribers to our Crypto Pro Services were well positioned for the opportunity.

Bitcoin: Here’s the “$64,000 Question”

Bitcoin investors are asking the "$64,000 question": Will the cryptocurrency ever trade at its all-time again? The Elliott wave model has a track record of providing valuable insights into the cryptocurrency. Take a look at this bitcoin chart.