 |
|
by
Vadim Pokhlebkin
11/24/2009 1:45:00 PM
Despite the near-panicky news headlines, you can see from this chart that for most of November the EUR/USD has gone sideways! Yes, big swings up and down -- but almost zero net progress, so far. In the words of Elliott Wave International's president Bob Prechter...
Filed Under:
forex, exchange rate, prechter, u.s. dollar, eur/usd
Category:
Currencies
|
|
by
Vadim Pokhlebkin
4/20/2009 4:00:00 PM
Here's a Monday puzzle for you: On the morning of April 20, the dollar pushed the exchange rate with its main "competitor" (the euro) below the "psychologically-important" $1.30 level. Why is the dollar getting stronger when "everyone knows" it should be crashing, considering the exploding debts of the U.S. government?
Filed Under:
dollar, euro, exchange rate, Currencies, froex
Category:
Currencies
|
|
by
Vadim Pokhlebkin
12/16/2008 6:30:00 PM
Prior to its latest rally, the EURUSD went sideways for six full weeks. Watching the market became plain boring; even the news headlines all but dropped the EURUSD as a subject of discussion. That was a lull before the storm. Now that the "storm" is upon us, the question is, is the EURUSD on its way towards the previous high of $1.60, or is this just a relief of some pent-up buying momentum? Let's look at it from an Elliott wave perspective.
Filed Under:
euro-dollar, u.s. dollar, exchange rate, forex
Category:
Currencies
|
|
by
Vadim Pokhlebkin
10/7/2008 6:00:00 PM
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...
Filed Under:
euro vs. dollar, forex trading, exchange rate, eurusd
Category:
Currencies
|
|
by
Vadim Pokhlebkin
8/14/2008 6:00:00 PM
The U.S. dollar rallied strongly against the euro in intraday trading on August 14, pushing the exchange rate down to $1.4780 – the level the rate hasn't seen since February. What's behind such a persistent show of strength on the dollar's part? As usual, it depends on whom you ask. Here is an elliott wave perspective...
Filed Under:
dollar, euro, exchange rate, Europe economy contraction, elliott wave triangle
Category:
Currencies
|
|
|
|
The Mania Chronicles
|
 With 700 pages and a large, 8-1/2" x 11" format, it's only a "book" in name. In fact, it's an encyclopedic reference that covers every twist and turn of the rise and (initial) fall of the historic financial bubble - all observed and anticipated in real time via The Elliott Wave Financial Forecast and The Elliott Wave Theorist. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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.
|
|
|
|
|
|
|
|