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.
Why has China's central bank let the yuan plunge against the US Dollar since April 2018? Well, China's central bank tried and failed to change the trend. who saw the decline coming? Chart of the Day has the answer.
In the Elliott wave model, third waves are often the broadest and strongest moves within a trend. That is why Elliott wave traders love them.
Dana Weeks talks to EWI's Currency Analyst Jim Martens, about what it REALLY means when headlines about financial markets turn extreme. Case in point: Bitcoin
Our Cryptocurrency analysis showed subscribers a bullish Elliott Wave trade set-up on Cardano's price chart, namely: A third wave. See it for yourself.
See the chart and forecast that anticipated the huge, month-long rise in the Litecoin cryptocurrency.
On February 28, our Currency Pro Services identified a major bearish set-up in the euro/US dollar price: See the chart for yourself -- and followed -- in this Chart of the Day.
What do the two Nasdaq-listed cryptocurrency mining companies -- Riot Blockchain (RIOT) and Marathon Patent Group (MARA) -- have in common? Both markets were on our near-term, bullish radar. And both markets delivered as expected. Well, NOT everyone expected as much.
On February 7th, our Cryptocurrency Pro Service issued a VERY bullish forecast. See for yourself what followed the very next day.
After-the-fact news stories said bad economic news drove EURUSD lower. Now see the chart and forecast that called the move BEFORE it happened.
For most of 2018, the Euro fell against the Dollar: But when the trend turned nearly a year ago, euro bullishness was everywhere. Now see the chart that shows true contrarian analysis.
EWI's currency analyst Jim Martens shows how the Elliott Wave pattern helped him alert subscribers to the coming big move in the Dollar-Yen.
Elliott Prechter and Pete Kendall answer the "largest bubble?" question -- plus many others -- in this EVT video.