NFT Crash

Non-Fungible Tokens (NFTs): Another Financial “Fumble” NFTs have taken “a round trip to nowhere” Tampa Bay Buccaneers’ quarterback Tom Brady is a non-fungible token (NFT) enthusiast. However, glory on the football field has not translated to this field of finance (Business Insider, August 8): Tom Brady bought a Bored Ape NFT for $430,000 in April. READ MORE

Euro is on Sale

Europe On Sale: Get It While U Can On July 13 and 14, the euro and the U.S. dollar briefly traded at parity — for the first time in 20 years. Just 19 months ago, EURUSD was at $1.2350. It’s quietly dropped 20%+ since. Quietly? Yeah, because of all the other fireworks in the market READ MORE

Bitcoin: More Volatility Directly Ahead?

If there’s a single word to describe bitcoin’s price action, that word is “volatile.” Yet, those who invested roughly a year ago in the cryptocurrency — and stuck with it — have been hugely rewarded. (At least until very recently, as bitcoin traded more than 50% lower from its all-time high on May 19, as READ MORE

Gold From Boring to Six Year High

As mainstream experts struggled to see the direction in gold, Elliott wave analysis saw a clear, bullish triangle. Then, gold prices rocketed to six-year highs! A common misconception of trading is that the best opportunities come near market highs and lows, when a change-in-trend is on the launchpad with 10 seconds to liftoff. The problem READ MORE

Trading Crypto Currencies

To Win, You Must Know Where You’re Wrong See how Elliott wave analysis helped traders reduce risk in Litecoin’s recent price action Dear readers, if a story about the get-rich-quick promises of cryptocurrency trading is what you seek, keep on moving. Rest assured, that story exists. It’s all over the interwebs, in one form or READ MORE

Is the US Dollar Rally Coming?

Down Dollar Down: Time for “UP”? Don’t rely on after-the-fact headlines. Our charts and forecasts explain how we got here — and where we’re going.   Trading Forex: How the Elliott Wave Principle Can Boost Your Forex Success Learn how to put the power of the Wave Principle to work in your forex trading with READ MORE

EURGBP: A Picture of Elliott Wave Precision

The euro’s recent surge to two-month highs against the pound fit its Elliott wave blueprint beautifully Let’s assume financial markets are driven by news events. Negative news items cause prices to fall, while positive items fuel rallies. Easy enough, right? Not exactly. See, there are several problems with this premise, most of all this: Investors’ READ MORE

EURUSD – What is Next?

Think the recent rally in the euro was the result of “good news” from Greece? Think again. Watch our Currency Pro Service editor, Jim Martens, explain what’s really behind the moves. “Trading Forex: How the Elliott Wave Principle Can Boost Your Forex Success” In this free 14-page eBook, our Senior Currency Strategist Jim Martens pulls READ MORE

Greek Tragedy? Too Late to Prepare

Today, I got on the phone with Brian Whitmer, editor of our monthly European Financial Forecast. Brian has been preparing his subscribers for the Greek crisis for a while. Listen to his latest thoughts. Europe is in the world spotlight this month, with Greece’s future hanging in the balance. But Greece is just one part READ MORE

Gold Price Direction

Where is the gold price heading? Will gold keep crashing? Since hitting a record high of $1921.50 per ounce in September 2011, gold prices have erased 30% in value. By the end of day on October 3, 2014, gold prices were circling the drain of a 15-month low. After such devastation, the global community of READ MORE

Using Elliott Wave Analysis for Forex

Analyzing Forex with Elliott Wave Can Help You Catch Rallies and Declines Free Week of Elliott Wave International’s Currency Specialty Service is here until Nov. 18, 2010 On November 1, the EUR/USD — the euro-dollar exchange rate and the most actively-traded forex pair — was trading the $1.38 range, near the level it is today. READ MORE

Does Gold Always Go Up in Recessions?

Gold: Best Supporting Role In Economic Downturns? Think Again Gold’s safe-haven status is based on hype, not history  By Nico Isaac As I sat down to watch the Oscar pre-show on Sunday night, March 7, one word was repeatedly used to describe the celebrity starlets and their designer duds: GOLD. Gold bustiers and gold lame READ MORE

Is Gold in a Bull Market?

Gold: What’s REALLY Behind the Record Rise, Bull or Bubble? By Nico Isaac When prices in a financial market go from Sea Level to Outer Space in a relatively brief time, two scenarios are at work — and they both start with the letters “B-U.” When a precious metal goes from being a popular long-term READ MORE

Death of the US Dollar

Death of the Dollar, Again: Before You Mourn, See This Chart The following article is based on analysis from Robert Prechter’s Elliott Wave Theorist. For more insights from Robert Prechter, download the 75-page eBook Independent Investor eBook. It’s a compilation of some of the New York Times bestselling author’s writings that challenge conventional financial market READ MORE