By Elliott Wave International Editor’s note: You’ll find a text version of the story below the video. I was in the cafĂ© of a bookstore recently and overheard a young man tell his friend, “It’s hard to...
By Elliott Wave International Saber-tooth tiger. Wooly mammoth. Japanese government issued bonds? Well it’s happened. After years of enduring an unrelenting bear market (marked by plunging yields and rising prices) — the long-battered Japanese government bond has...
By Elliott Wave International The winter season is a common metaphor for a bleak period in someone’s life: Borrowing a line from Shakespeare, John Steinbeck titled his final novel “The Winter of Our Discontent.” Nikolai Kondratieff used...
USDCAD is facing 1.3456 resistance, a break of this level will indicate that the uptrend from 1.1919 has resumed, then the following upward movement could bring price to 1.4000 area. On the downside, as long as 1.3456...
USDJPY’s upward movement from 116.13 extended to as high as 123.60. Further rise to test 125.85 resistance is possible, a break of this level will indicate that the long term uptrend from 75.57 (Oct 31, 2011 low)...
AUDUSD continued its sideways movement in a range between 0.6907 and 0.7439. As long as 0.7439 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 0.9504 (Jul 1, 2014 high), another fall...
GBPUSD stays below the downward trend line on daily chart, and remains in downtrend from 1.5929. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at...
EURUSD’s downward movement extended to as low as 1.0674. Near term resistance is at 0.0900, as long as this level holds, the downtrend could be expected to continue, and further decline to test 1.0462 (Mar 13 low)...
By Elliott Wave International Mark Galasiewski is the editor of our monthly Asian-Pacific Financial Forecast. Mark’s a big-picture guy — he loves analyzing the longer-term chart patterns, because they have the most significance to human social history....
Is this sleeping giant ready to offer opportunities for investors? Anyone investing since the 1980s knows the boom and bust story of Japan and its Nikkei stock index. The Nikkei peaked just below 39,000 in 1989. Once...