Category: Forex

See the signs that could’ve helped you nail two junctures in the greenback’s trend The legendary football coach Vince Lombardi believed that a winning team is built on mastering the game’s basics — so much so that at the start of the season he would “remind” veteran players, “Gentlemen, this is a football.” Lombardi would… Read more US dollar Elliott waves

“I Wouldn’t Touch Bitcoin, Risk of Collapse Too Big” Bitcoin’s 50% crash was not entirely unexpected “Wild” doesn’t begin to describe Bitcoin’s price action. This spring, it traded as low as $1200. Last week, BTC futures topped $20,000. Yesterday (December 21), in an article by newsmax.com, Elliott Prechter warned about Bitcoin’s future: Elliott Prechter: I… Read more Is The Bitcoin Bubble Popping?

Before the 2008 crash, US dollar had been declining steadily. Everyone was on a borrowing spree. We borrowed and spent and inflated the money supply. Banks create money when we borrow. And more and more chequebook money was being created. Then we ran out of borrowers and deflation started. US dollar suddenly shot up. Once… Read more US Dollar Will Rise in Deflation

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 assumptions. Visit Elliott Wave International to download the eBook, free. By… Read more Death of the Dollar, Again: Before You Mourn, See This Chart