USD/CAD Forecast October 6, 2015, Technical Analysis
The USD/CAD initially fell during the course of the day on Monday, but found enough support towards the end of the day to bounce a little bit and form a bit of a hammer. The 1.30 level...
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GBP/USD Forecast October 6, 2015, Technical Analysis
The GBP/USD pair initially tried to rally but then turned back around to form a rather negative candle. Ultimately, this is a market that is simply bouncing around an area that is a lot of noise. If...
EUR/USD Forecast October 6, 2015, Technical Analysis
The EUR/USD pair initially tried to rally during the day on Monday, but found far too much in the way of resistance near the 1.13 level. This is the area that has been resistive again and again,...
AUD/USD Forecast October 6, 2015, Technical Analysis
The AUD/USD pair broke higher during the course of the session on Monday, as we continue to see a bit of support. However, the market is most certainly in a downtrend overall, and as a result we...
AUDUSD Rising Channel (Oct 5, 2015)
AUDUSD seems to have bottomed out from its recent long-term selloff, as the pair is starting to trade inside a rising channel on its 1-hour chart. Price recently broke above the double bottom neckline as well, setting...
The Two Faces of Stock Market Volatility
By Elliott Wave International Volatility, volatility, volatility. It’s all the financial world can talk about lately… and, well, for good reason. In the past few months, the world’s stock markets have endured some of the most gut-wrenching...
(Interview) Deflation: It’s Been a Stealth Move
By Elliott Wave International In this new interview, Elliott Wave International’s Brian Whitmer explains the indirect connection between Europe’s volatility and deflation. Find out how Brian’s advising his subscribers prepare for deflation. Not familiar with deflation? Learn...
Got 60 Minutes? See 12+ New Opportunities (Free)
Elliott Wave International’s Senior Commodity Analyst, Jeffrey Kennedy, has just recorded a live webinar titled “Today’s Top Commodity Opportunities.” Besides commodities, Jeffrey also shows you new Elliott wave opportunities in markets like the DJIA and U.S. dollar....
Stocks: Why Following the Crowd is Usually a Big Mistake
By Elliott Wave International We’ve seen it time and again: The investment crowd often hops aboard a financial trend just as it’s about to end. Government itself is actually a case in point. Here’s what the August...
USDCAD Weekly Analysis – October 4, 2015
USDCAD is forming a sideways consolidation in a range between 1.3011 and 1.3456. As long as 1.3011 support holds, the uptrend from 1.1919 could be expected to resume, and further rise to 1.4000 area is possible after...