Why Not to “Bank” on It
By Elliott Wave International Editor’s note: You’ll find a text version of this story below the video. Free Report: “A Secret New Government Tax – Unveiled.” Read it now >> ******** Welcome to Chart of the Day....
Author: ForexCycle.com
[Urgent New Report] Risk ON? Risk OFF? Find out where your money lies
I have an urgent new report to share with you today, so let’s dive right in … Here is the opening paragraph of the just-published, subscriber-level report from our friends at Elliott Wave International, the world’s largest...
GPS vs. Road Map: Which Works Best? (Part 1)
By Elliott Wave International Some of the best stories about global positioning systems (GPS) are the weird detours they sometimes recommend. A while back, while on a family trip through Great Smoky Mountains National Park, I decided...
USDCAD Weekly Analysis – December 20, 2015
USDCAD’s upward movement from 1.2831 extended to as high as 1.40000. Further rise could be expected after a minor consolidation, and next target would be at 1.4500 area. Support is now at 1.3650, as long as this...
USDJPY Weekly Analysis – December 20, 2015
USDJPY is in short term downtrend from 123.75. Deeper decline is still possible next week, and the target would be at 118.00 area. Resistance is at 123.75, only break above this level could trigger another rise towards...
AUDUSD Weekly Analysis – December 20, 2015
AUDUSD stayed in the trading range between 0.6907 and 0.7439 for several months. As long as 0.7439 resistance holds, the price action in the range could be treated as consolidation of the long term downtrend from 0.9504...
GBPUSD Weekly Analysis – December 20, 2015
GBPUSD’s downward movement from 1.5929 extended to as low as 1.4865. Near term resistance is at the downward trend line on daily chart, as long as the trend line resistance holds, the downtrend could be expected to...
EURUSD Weekly Analysis – December 20, 2015
EURUSD is now in uptrend from 1.0517, the fall from 1.1059 is likely correction of the uptrend. Further rally could be expected after correction, and next target would be at 1.2000 area. Support levels are at 1.0740...
Why Your Bank Deposits May Be at Risk
By Elliott Wave International Elliott Wave International’s July issue of The Elliott Wave Theorist reminds us why bank depositors need to prepare for the worst before a nation’s financial system is gripped by crisis: You can’t wait...
USDCAD Weekly Analysis – December 13, 2015
USDCAD broke above 1.3456 resistance, and reached as high as 1.3757, indicating that the uptrend from 1.1919 (May 14 low) has resumed. Further rise could be seen over the next several weeks, and next target would be...