EURUSD: Up 200 Pips, Down 300…Where to Next?
If you "don't really believe" in technical analysis, this may be the time to reconsider.

U.S. Dollar vs. World: Why So Strong?
"There are lots of currency-pair movements that don't make sense."

Conventional assumptions about market drivers don't work – despite what you hear on the six-o'clock news. In fact, if there is one central point in the Elliott wave-based view of the financial markets (and the society at large), it is precisely this: Events outside the markets have NO trend-forming influence. Don't believe us? Explain this, then...

Euro Vs. Dollar (Video): What Market Environment Means For Trend

U.S. Dollar: The REAL Bear Market Maverick
Who would have thought that despite all the trouble in the U.S., the dollar would gain, not lose?

Despite all "fundamental" odds, since mid-July, the U.S. dollar has been gaining strength. The euro vs. dollar exchange rate, known in forex trading world as the EURUSD, has fallen from near $1.60 mid-summer to below $1.35 on October 6. This chart illustrates this incredible 25-cent gain by the greenback...

U.S. Dollar: Not a “Safe Haven” Any More?
It’s an “if, then” kind of place we live in: If A pushes B – then B falls over. Isn't it?

Sometimes, a market rallies or crashes seemingly for no good reason at all. In the stock market, the most vivid recent example of that occurred on September 04, when the DJIA went and lost 345 points. The decline stumped almost everyone, because there was nothing – nothing – in the news that day that could have reasonably explained it. In currencies, I would call the EURUSD’s rally that started on September 11 a good example of the same “mystery move.” Consider the facts...

VIDEO Lesson: How To Trade Forex Around News Releases
Boost your chances of winning with Elliott wave analysis.

Currency trading around the time of a major economic news release can be treacherous. Watch Jim Martens, Elliott Wave International’s Senior Currency Strategist, explain in this free 8-minute video how he used Elliott wave analysis to forecast the market action on June 25 – the day of the latest Federal Reserve interest rate announcement, a major economic news event.

Forex Trading: Listen To The Market, Not The News
“Listen to the market, it will tell you everything you need to know.”

Next time you see a headline like this one from July 24, "Euro Falls Against Dollar as German Business Confidence Slumps," think twice about whether the EURUSD moved because of a news report, or because it was going there anyway.

EURUSD (Forex): What Do You Do When Bearish News Turns "Bullish"?
How could a clearly bearish report be interpreted as bullish news?

EURUSD (Forex): A Rally You Could Have Seen Coming
Believe it or not, you can forecast market trends just by looking at forex charts.

Few things seemed to spell trouble for the U.S. dollar early this week. But then on Wednesday, the dollar gave back all of Tuesday's gains. And on the morning of Thursday, July 10, the REAL turnaround came: The EURUSD, the exchange rate between the euro and the U.S. dollar, shot straight up, giving the euro the lead. What happened, you ask? Here's a Elliott wave explanation.

U.S. Dollar Vs. Euro: Expect A Turbulent Thursday
The double whammy of economic news should make for interesting trading on July 3.

Euro Vs. U.S. Dollar (Forex): When News Doesn't Move Markets, What Does?
If news drives forex market prices, how come markets move on slow news days, too?

Forex markets have been volatile lately, and you've probably heard mainstream forex analysts citing various economic and news reports, trying to explaining why. There is one major problem with the premise that markets are moved by the news, though. If you continue this logic, on days when there are no major economic reports, you would expect markets to go sideways. And yet even on those days, the market moves, too. How come?

Euro Vs. U.S. Dollar (Forex): Surprise, Surprise
When fundamentals get murky, "what's left is price pattern."

What an incredible rally in the EURUSD we've seen on June 5 and 6. On Tuesday, June 4, after Ben Bernanke said the Fed "is watching the dollar," the buck gained close to 200 pips against the euro. Wednesday's trading was very quiet, and it did seem like tables were indeed turning for the dollar. But then on Thursday…

EURUSD (Forex): It's Oh So Quiet
After every choppy move comes a price spike.

If you trade forex, you've probably been watching the current action – or, rather, lack of it – in the euro-dollar exchange rate and wondering what's going on. The action has been pitiful: After falling almost 200 pips in a matter of hours on Tuesday (June 3), the EURUSD entered a sideways trading range that has continued for… well, almost 30 hours, as of this writing. How will it end?

Video (Forex): "Prepare for a Surprising U.S. Dollar Decline"
See how simple Elliott wave techniques can help you bet against the crowd's opinion.

Watch this free video clip EWI's own Jim Martens recorded for his Currency Specialty Service subscribers on May 9. If you remember, at that time, the USD had gained strongly, and rumors were flying that it would gain even more. But watch this video and see how simple Elliott wave techniques can help you bet against the crowd's opinion…

Forex: Fed Cuts Rates…And The U.S. Dollar GAINS?
The word "speculation" is not part of proper Elliott wave lexicon.

On Wednesday morning, forex analysts speculated that the U.S. dollar was "headed for its first monthly advance against the euro." But after the Federal Reserve anounced its rate cut at 2:15 PM, the dollar lost instead. What happened?