By Nico Isaac
5/4/2012 6:00:00 PM
It’s been two years since the sovereign debt crisis crashed onto the European shores. And, despite 1-plus trillion euros in emergency bailout loans, the region’s economy has -- as my British friends would say -- “gone pear-shaped.” So, is this what rock bottom feels like?
Filed Under: AEX, Bank of England, CAC40, DAX, diversification, Elliott wave, Elliott Wave trading, eu, euro, euro stoxx 50, euro/USD exchange rate, europe, european central bank, European debt crisis, european markets, European Union (EU), eurozone, FTSE, Swiss Market Index (SMI), technical analysis
Category: European Markets
By Vadim Pokhlebkin
5/1/2012 9:15:00 AM
To continue the "global investments" theme started by the recent interview with EWI's Asian-Pacific analyst about the markets in India, Pakistan, Sri Lanka and Indonesia, I also sat down with our own Brian Whitmer, EWI's European stock market analyst. -- Brian, these days it's easier than ever to get exposure to global markets, especially given the explosion in ETFs. But there are too many markets to focus on, and too many opinions about them. You chose Elliott wave analysis as your market-forecasting method. Why Elliott? Why not just watch the news, like most investors? Brian Whitmer: To be successful in the market, you need...
Filed Under: AEX, bailouts, Bank of England, brian whitmer, CAC40, DAX, debt crisis, diversification, Elliott wave, Elliott Wave trading, eu, euro, euro stoxx 50, euro/USD exchange rate, europe, european central bank, European debt crisis, european markets, European Union (EU), eurozone, FTSE, Swiss Market Index (SMI), technical analysis
Category: Global Markets
By Vadim Pokhlebkin
4/3/2012 2:30:00 PM
Here's a paradox for you. On Monday (April 2), unemployment in the 17 euro nations reached a record high of 10.8% -- highest ever since the euro was introduced in 1999. Reports say eurozone manufacturing activity had fallen to a 3-month low. The words "Eurozone recession" are being muttered. Meanwhile, the latest U.S. employment and manufacturing reports have been strong. You'd think the euro would be crushed -- but no. Why?
Filed Under: Elliott wave, Elliott Wave trading, eu, euro, euro/USD exchange rate, European Union (EU), eurozone, forex, forex trading, technical analysis, technical indicators, trading lessons, U.S. dollar, unemployment
Category: Currencies
By Nico Isaac
3/30/2012 6:30:00 PM
Let's hear it for European equities. The major stock markets across the pond saw their best first-quarter winning streak since 2006. And while many experts are waiting to see how the markets deal with Europe's austerity measures -- the April 2012 European Financial Forecast lets the cat out the bag: "European Stocks Have Already Signaled" their next move. Take note, because this is what it feels like to watch history in the making.
Filed Under: AEX, banks, CAC40, DAX, debt, diversification, Elliott wave, Elliott Wave trading, eu, euro, euro stoxx 50, europe, european central bank, European debt crisis, european markets, European Union (EU), eurozone, FTSE, Greek debt, inflation, Swiss Market Index (SMI)
Category: European Markets
By Vadim Pokhlebkin
3/27/2012 6:30:00 PM
This week started badly for the euro. As forex markets opened in Asia late on Sunday (US time), and after the European traders joined in, the euro-dollar exchange rate fell to near $1.3200. The EUR was losing to the USD "on concerns over the health of the eurozone economy," reported news headlines. But Elliott wave patterns in EUR/USD charts disagreed...
Filed Under: Elliott wave, Elliott Wave trading, eu, eurozone, forex, forex trading, technical analysis, technical indicators, trading lessons, U.S. dollar, volatility
Category: Currencies
By Vadim Pokhlebkin
1/4/2012 7:00:00 PM
Looking back at 2011, almost everyone agrees that the euro weakness/dollar strength we saw was only logical. Seriously, where else was the euro to go but down last year, with all the problems in Europe? It's a wonder EURUSD didn't fall any lower! "Fundamentally"-based explanations like this always make perfect sense when you look back. It's when you try to apply them going forward, that's when it gets tricky. I'll give you an example.
Filed Under: Elliott wave, eu, euro, euro/USD exchange rate, europe, European debt crisis, european markets, eurozone, forex, forex trading, technical analysis, technical indicators, trade targets, Traders, trading lessons, U.S. dollar
Category: Currencies
By Vadim Pokhlebkin
12/22/2011 5:45:00 PM
At EWI, our main forecasting tool is Elliott wave analysis. But our analysts also use a number of other, supporting technical indicators. Keltner Channels are one of the favorite technical analysis tools the editor of our European Short Term Update Chris Carolan uses. Watch this free video for more >>
Filed Under: AEX, bailouts, CAC40, DAX, Elliott wave, eu, europe, European debt crisis, european markets, European Union (EU), eurozone, FTSE, technical analysis, technical indicators, trading lessons, video
Category: European Markets
By Vadim Pokhlebkin
12/5/2011 5:00:00 PM
Every recent stock rally in Europe ignites the hope that the worst of the debt crisis is finally over. Yet every mini-crash that follows mocks those hopes once again... and again... We watched ups and downs like these in 2007-2009, too.
Filed Under: bailouts, Bank of England, CAC40, DAX, economic depression, Elliott wave, eu, euro, euro stoxx 50, euro/USD exchange rate, europe, european central bank, European debt crisis, european markets, European Union (EU), eurozone, FTSE, soverign debt crisis, Swiss Market Index (SMI)
Category: European Markets
By Vadim Pokhlebkin
11/28/2011 10:00:00 PM
Try this. Look back at any day's news and compare it with the forex market action that followed. It's easy to reconcile the two, isn't it? You can almost always find a reason in the news why the markets did what they did. For example, EUR/USD...
Filed Under: Elliott wave, Elliott Wave trading, eu, euro, euro/USD exchange rate, europe, European debt crisis, European Union (EU), eurozone, forex, forex trading, technical analysis, technical indicators, trading lessons, U.S. dollar
Category: Currencies
Markets Aren't Rational
EWI's Brian Whitmer shows how the European financial markets move despite the news
By Debbie Iseler
11/23/2011 2:45:00 PM
As the news from Europe about bailouts and the euro's viability changes by the hour, EWI's European editor, Brian Whitmer, doesn't see the uncertainty as a problem. In fact, he points out that when uncertainty blooms, you can really see that markets aren't rational and that Elliott waves tend to become even clearer.
Filed Under: brian whitmer, Club EWI, eu, euro, europe, European debt crisis, european markets, European Union (EU), eurozone
Category: European Markets
EUR/USD: Don't Let the News Confuse You
Shouldn't the European Central Bank's readiness to stop the debt crisis be a euro-bullish factor?
By Vadim Pokhlebkin
11/16/2011 7:45:00 PM
On November 16, EUR/USD slipped to $1.3420, a low it's not seen since early October. "Euro Reaches 5-Week Low on Bets ECB to Buy More European Debt," one headline explained the euro weakness. Strange; shouldn't the European Central Bank's readiness to stop the debt crisis be a euro-bullish factor? Well, that depends.
Filed Under: Elliott Wave trading, eu, euro, euro/USD exchange rate, europe, european central bank, European debt crisis, european markets, European Union (EU), eurozone, forex, forex trading, technical analysis, technical indicators, U.S. dollar
Category: Currencies
By Alexandra Lienhard
11/16/2011 1:00:00 PM
Enjoy this 16-minute long interview with EWI's European Financial Forecast editor, Brian Whitmer.
Filed Under: eurozone, eu, soverign debt crisis, europe, brian whitmer, Greek debt, interview, Club EWI
Category: European Markets