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.

EXCLUSIVE

Bitcoin Dives 3.5%. Here’s How to Know What’s Next.

You'll find many after-the-fact "reasons" as to why Bitcoin suddenly sold off on January 23. But see how our Crypto Pro Service helped subscribers anticipate this big -- and quick -- sell-off. Plus, get a glimpse at what's next for BTC.

Yen Tumbles to an 8-Month Low: Knowing Why is Half the Battle

Politics do a lousy job as financial market predictors. Case in point, "U.S.-Iran Hostilities" and the movement of the Dollar vs. the Yen. See the facts for yourself about what doesn't work -- and what DOES -- via this Chart of the Day.

EXCLUSIVE

Bitcoin: Up 22%. Here's How It Got Here. (Don't Say "Iran.")

This month's strong rally in Bitcoin was attributed to the familiar (by now) "cause": The U.S. attack against an Iranian target. Here's what's wrong with this explanation -- see our Cryptocurrency Pro Service explain in this video.

The Euro Rally and a Key Fibonacci Ratio

The Golden Ratio is highly useful in forecasting financial markets. For example, our U.S. Short Term Update editor let subscribers know what he expected for the euro in just a week's time -- based on a .618 retracement level. Here's what happened.

British Pound Gets Pounded: Will the Real Reason for the Fall Please Stand Up

On Dec. 16, the British pound suffered its biggest one-day drop in a year. Mainstream sources say the currency was burned by Boris Johnson's "reckless" Brexit revision -- also announced that day. By all Elliott wave accounts, the pound's intraday "cliff edge" was set up much earlier -- on Dec. 13!

EXCLUSIVE

Ripple (XRP): Using Elliott Waves to Forecast a 13% Drop

Our Crypto Pro Service alerted subscribers ahead of Tuesday's (Dec. 17) 13% decline in Ripple. See the chart for yourself and find out what's next for XRP -- along with key levels.

EXCLUSIVE

Sterling: What's Next for It, vs. USD and JPY?

Right now, many analysts are focused on what's next for the British pound, and most discussions you hear revolve around Brexit and British politics. For a different perspective, watch our Currency Pro Service co-editor show you the Elliott wave picture for GBP/USD and GBP/JPY.

This Is a Pivotal Point for Bitcoin and U.S. Dollar -- Here's Why

If you want to see the big picture, you have to "zoom out." Watch as our Cryptocurrency Pro Service editor walks you through the daily USD and Bitcoin charts to explain why both are likely at "pivotal junctures." (Get more analysis, free, on Nov. 13-20 during our Forex FreeWeek.)

EXCLUSIVE

How to Use ETFs to Trade Currencies (Forex)

EURUSD is the world's most-traded FX pair, and it deserves your attention right now. Free, watch our Currency Pro Service guide show you why and explain how the Elliott wave pattern in an exchange-traded fund FXE mimics the budding opportunity in its "mother" market.

U.S. Dollar: "Reserve Currency" Status in Danger?

More and more you hear around the world that there are attempts to challenge the US dollar's "reserve currency" status. Our Head of Global Research gives you his take on a recent policy move by Russia -- and on the buck's long-term prospects.

The Best-Performing Currency of 2019 & Who Saw Its Rise Coming

One "explanation" for the Canadian Dollar's recent rise is Prime Minister Trudeau's election to a second term. But, just before the election, headlines warned a Trudeau win would be bearish for Canada's currency. So ... who really saw it coming?

EXCLUSIVE

How to Know What's Next for U.S. Dollar

When you look at the stock market and see that all the indexes are moving strongly together, it tells you a lot about the trend.

Similarly, when you look at the U.S. Dollar Index, which is comprised of a basket of several currencies, you can tell a lot about the broad trend by how strong the trends are in each individual pair.

U.S. Dollar: a Classic Price Pattern You’ll See Again (and Again)

A currency strategist just cited "fundamental" reasons for the recent price action in the U.S. Dollar Index. Yet, EWI anticipated these price moves -- including the greenback's decline -- before these fundamentals developed. Learn about this classic chart pattern...

Bitcoin: The Real Cause of the September Crash

September 2019 saw Bitcoin fall 20%, its largest monthly decline since November 2018. See for yourself how Elliott wave analysis anticipated the turn before price went south.

EXCLUSIVE

Bitcoin: How to Watch Volume to Know What's Next

Besides Elliott waves, we at EWI watch 100+ other technical market indicators. Watch as our Cryptocurrency Pro Service editor shows you how to use the market's volume signature to forecast what's next for Bitcoin.