Forex Signals

Price action on AUD/USD (a daily chart of which is shown) as of Wednesday (12/29/2010) has risen to approach the extremely long-term, decades-long high around 1.0180 that was just hit in early November. This bullishness occurs within the context of a clear parallel uptrend channel extending from the mid-year lows. From [...]

A free Club EWI report reveals why bonds do not provide shelter from the storm

By Elliott Wave International
TREASURIES — the very name conveys a thing that is secure, protected, and will appreciate over time. Otherwise, it’d be [...]

Price action on GBP/JPY (a daily chart of which is shown) as of Monday (10/25/2010) has just established a new 20-month low by breaking down tentatively below the previous long-term low of 126.70 set in May. This occurs within the context of a strong parallel downtrend channel extending back to the August 2009 high. For [...]

Price action on GBP/JPY (a daily chart of which is shown) as of Monday (10/25/2010) has just established a new 20-month low by breaking down tentatively below the previous long-term low of 126.70 set in May. This occurs within the context of a strong parallel downtrend channel extending back to the August 2009 high. For [...]

Price action on USD/JPY (a 4-hour chart of which is shown) as of Thursday (8/19/2010) morning has once again reached down to the key 85.00 region lows after dropping today from near 86.00. This occurs within the context of a strong, accelerated overall downtrend extending from the June high. In the event of a strong [...]

Key News

German factory orders, adjusted for seasonal swings and inflation, rose 2.8 percent from March, when they surged 5.1 percent, the Economy Ministry in Berlin said today. Economists had forecast a 0.4 percent drop (Bloomberg)
China will apply its tighter second- home mortgage policies to loan applicants. (Bloomberg)
The 10-year German Bund yield hit a record low [...]

By Robert Folsom, Elliott Wave International
Please join me to consider a time in the stock market that lasted just under three years: 32 months, to be precise.
During this period a series of powerful rallies stand [...]

Substantially bearish price action on EUR/USD, a daily chart of which is shown, has once again descended to re-test the 10-month lows that were hit in late March (1.3266) and double-tested in early April (1.3281). The current re-test of these lows could either become a triple bottom low or turn into a key support breakdown [...]

Price action on AUD/USD, a daily chart of which is shown, began the new trading week by hitting a high that closely approached key 0.9400 resistance level, before retreating. This 0.9400 resistance level represents the long-term 15-month high hit in mid-November. The current bullishness occurs within the context of a medium-term uptrend extending from the [...]