Tag: euro

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...

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...

“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...

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...

On the 15-min chart of EUR USD we see something, which could easily be taken for a five-wave impulse to the downside, followed by...

A five-wave impulse followed by a three-wave correction is what every Elliottician is looking for. It seems that we have found one such pattern...

This article is not about how the market will react after today’s news. It is about how it is most likely to react, according to...

In our Education Section there is a lesson, called “Elliott Wave Patterns”, where you can learn in details about all three variations of the...

GBPJPY and EURJPY tend to show a strong correlation in terms of price swings. This means their charts look alike quite often. Yesterday we...

Yesterday the EURUSD forex pair made another new low and the bears are probably getting more and more confident. But even the strongest of...

It has been a wild Wednesday for EUR USD, climbing up more than 260 pips. However, this bullish strength may turn out to be...

Deutsche Bank predicts 0.9500 for EURUSD by the end of 2017. According to Goldman Sachs Group Inc., the Euro will reach parity with the...

EUR USD rate touched 1.25 on Friday last week, but managed to recover and is currently trading around 1.2640. How high should traders expect this...

July 24th 2012. The Eurozone is trembling in an unseen debt crisis. In the same time the Euro barely manages to stay above 1.20...

EURUSD is approaching 1.30, but is this a reason for optimism? Traders are probably eager to know that. The EUR USD rate managed to recover...

According to the Elliott Wave Principle, trends move in waves – five waves in the direction of the larger trend, followed by three waves...

In our previous analysis of EURUSD we said that the pair could revisit 1.35. We still think so, but it looks like there would...

The 15-minute chart of EUR GBP shows a clear 5-3 Elliott Wave cycle. According to the theory, we should now expect another five-wave decline...

“If this is the correct count, target around 1.3520 should not be a problem. The invalidation of this intraday scenario is at 1.3650.” This...

A week ago we published an article in our intraday section called “EURUSD confirms bearish reversal”. With a completed five-wave impulse down, we were expecting...

On June 5th we showed you an analysis of EURUSD suggesting that we have a complete impulse to the south and therefore we should prepare...

People see EURUSD‘s recent plunge as a result of ECB’s decision about interest rates. We at EWM see it as a natural post-triangle thrust...

In this analysis of EURUSD we will look at the price action from two angles – conventional technical analysis and then the Elliott Wave...

“Considering the bigger picture, 1.40 seems to be a reasonable target for wave C up, but once it is reached, we have to be...

The EURCAD pair finished its ending diagonal at a price of 1.5582 and then declined to 1.5000 in impulsive fashion. Normally, a correction to the upside...

EURUSD seems to have finished its three-wave A-B-C zig-zag decline. Pay attention to the fact that the 61.8% Fibonacci level reacted as a support...

In our last analysis we were expecting an upside move in EURUSD and the pair really did rise, but the rally was limited to only...

On April 13th EURUSD was at 1.3885 and the majority of traders was still looking for higher levels. We, on the other side, were expecting...