USD/YEN outlook using Wave Analysis

One of the most common complaints against Elliott Wave analysis is that the wave counts are subject to change, and also the same graph can be interpreted differently by different analysts. The trouble with all this is the accusations are true! Why, my own Elliott Wave...

Commodity Correction will last all summer

Agustino Fontevecchia has written a detailed fundamental case in Forbes as to why the comodity correction will last all summer this year. He quotes Julien Garran, a commodity analyst at UBS, as to how the commodity/dollar trade will evolve in the coming months and...

Rubber Futures Outlook – Singapore

I decided to look at the Rubber Futures being traded at Singapore just for fun, and found some interesting details. Elliott Wave analysis of rubber futures seems to work just fine! Key Rubber futures recovered last Friday as sentiment improved on a recovery in oil...

EUR/USD Elliott Wave Update

The EUR recovered to 1.4423 after my last comments and the outlook deteriorated steadily until it reached supports around 1.4150. Earlier today we saw a minor but unsustainable breach of that support. But the damage is done. That we breached the support is less...

Last Hurrah for Gold this season

It is always a tough call to say we will get a 30% sell-off when all systems are pointing higher. However, as a battle-scarred veteran practcing Elliott Wave analysis for over 25 years, I will be remiss if I don’t point out that Gold is in its fifth wave within an...