“Wave (B) could take the form of a triangle or an expanding flat. It is too early to say what it will be right...

It’s been more than six years since the China Index ETF bottomed at 52.05 in October 2008. Now, in 2015, the index is looking...

In August, 2014, we used the weekly chart of the India Index ETF to demonstrate how accurate Fibonacci levels could be, even on the...

It’s been 7 months since we published “NZDUSD Approaching a Major Resistance” on June 30th, 2014. The forecast assumed NZDUSD is getting close to...

Both the euro and the Australian dollar fell victims to the US dollar, but it is interesting to see the perspective, when they face...

Lots and lots of investors put their hopes in the virtual currency. 2014 was a very disappointing year for Bitcoin as the markets dragged...

Why ECB quantitative easing program may not achieve the much needed results? If we follow the economic theory, an increase in the money supply should...

“102.84 could turn out to be a major top, because AUDJPY may have just made the first step of a long journey to the south.” This...

After a long and steep decline, the 30-minute chart of crude oil suggests it may be time for a larger recovery. It shows a...

“The second scenario assumes the pair could still be in a larger sideways correction, a triangle for example. If this is the case, the...

If you are a technical analyst you have probably heard that we, chartists, cannot predict long term movements in the market, because the big...

As a rule, you should never give up on a trade, if it still has the potential to develop in your favor. But how...

The EUR GBP exchange rate went below 0.77 today, which is its lowest level since March 2008. To many this may be a reason to get...

“The support level is an area below the current price, which has prevented it from falling further in the past. That is why we...

The NZDJPY exchange rate took a hard hit during the crash of 2007-2009, falling down from the heights of 97.70 to as low as...

“Wave (5) could extend the pair’s weakness a little more, but eventually EURCAD should start rising in wave II/B, which could lead the rate...

The Elliott Wave Principle could be very useful to investors, especially because of its ability to identify market tops and bottoms. Anyone with enough...

In the middle of February 2014 Google’s stock prices reached $615 per share. Ten months later, in December, it touched $490. This 125-dollar decline...

The price of gold went close to $1240 in the middle of December, but the bulls have not been that strong ever since. On...

Corrections are movements against the larger trend. So, when the correction is over, the larger trend should resume. Those of you, who are familiar...

In our last forecast for 2014 we will take a look at brent oil prices short term perspectives. As the whole world already knows,...

In one word: weakness. In the middle of the year GBPUSD reached above 1.70. Many economists were worried that the Pound’s strength may even...

Despite silver’s strong 3-dollar recovery from 14.30 to 17.30, the bulls were unable to keep the momentum. As a consequence, the price of silver...

“If this is the correct count, we should expect a recovery, which could take USDJPY up to the 120s again.” This is the last...

During the last several months the ASX 200 was going sharply up and down by 200-400 figures in each direction. Unless you have an...

In our previous analysis of palladium we gave you two bearish scenarios, both of which suggesting for a reversal in the zone of 820....

After a very strong performance by USD JPY, which almost led it to the 122 mark, the pair slipped down to about 115.50 as...

“We should not be surprised, if the support level around 100.00 gives up.” This is the last sentence of a forecast called “The Bears...

No-one would argue, that despite the optimistic first five months, the bulls on EURUSD were pretty much slaughtered this year. The never-ending clash between...

In our previous forecast of palladium we suggested, that the precious metal is probably in the middle of an A-B-C zig-zag correction to the...