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In the world of investing and trading, understanding market dynamics is crucial to making informed, successful decisions. With this goal, we delve into a live analysis of the currency pairs EUR/USD, USD/JPY and the S&P500 index, using tools such as Elliott Wave theory, price structure analysis, and principles of supply and demand.

The Elliott Wave theory, proposed by Ralph Nelson Elliott in the 1930s, is predicated on the idea that markets do not move randomly but in repetitive patterns, called "waves". Using this theory, we aim to identify and predict these patterns in the EUR/USD, USD/JPY and S&P 500 to provide a comprehensible insight into the future direction of these markets.

We also dive deep into a thorough analysis of price structure. This approach allows us to see how buyers and sellers interact in the market, creating supply and demand levels that can influence the price direction.

We invite all those interested in the forex market and technical analysis to view the video to understand our findings in detail and how we arrived at them. This live analysis will not only provide you with valuable insights into current markets, but also help improve your trading and investing skills.

DISCLAIMER: No Earnings Projections, Promises or Representations

Trading currencies, stocks, futures, and options implicate significant risk of loss and is not suitable for every investor. The quotes of financial markets may fluctuate, and, as a result, clients could lose more than their investment. The highly leveraged of futures trading means that modest market movements will have a greater shock on your trading account, and this can go against your trading capital, that can result in considerable losses or can benefit your trading capital, resulting in significant gains.

If the price of any financial instrument moves against you, you may result in more massive loss than the original money deposited into your account. You are entirely responsible for all the risks from your trading decisions and resources you use and for a trading system that you are using. You should not make any trading decisions unless you understand entirely the nature of the trades (transactions) you are entering into and your exposure to loss.

If you do not fully understand these risks, you must find independent advice from your financial advisor.

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All the content on elliottwavestreet.com should not be used as advice or recommendation of any type. It is your responsibility to confirm and decide which trades to make based on your analysis. Trade only with risk capital; that you can afford to lose, and that will not negatively impact your lifestyle and your financial obligations needs. Past results are no indication of future performance. The information found on this website should not be interpreted as an implied promise or guarantee.

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Any and all forward looking statements here, in other materials contained on this website or in materials purchased and/or downloaded from this website are intended to express our opinion of earnings potential. Many factors will be important in determining your actual results and no guarantees are made that you will achieve results similar to ours or anybody else, in fact no guarantees are made that you will achieve any results from our ideas and techniques in our material.

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Remember that https://elliottwavestreet.com and World Markets Academy LLC do not have access to the management of your money, therefore the decisions that you take based on the technical analysis presented in the products, services, videos, courses and blog of https://elliottwavestreet.com and World Markets Academy LLC are your responsibility, when taking the products or services made available through https://elliottwavestreet.com you accept that the losses and / or profits are your responsibility, remember that https://elliottwavestreet.com is for the sole purpose to teach market analysis techniques, past situations do not guarantee future situations.

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CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

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Editors’ Picks

EUR/USD holds steady at around 1.0750 ahead of US CPI Premium

EUR/USD holds steady at around 1.0750 ahead of US CPI

EUR/USD continues to trade sideways near 1.0750. The cautious market mood helps the US Dollar remain steady as investors gear up for crucial macroeconomic data releases and central bank meetings this week, including US CPI on Tuesday, the Fed on Wednesday, and the ECB on Thursday.

EUR/USD News

GBP/USD finds support above 1.2540

GBP/USD finds support above 1.2540

GBP/USD rebounded after finding support at the 1.2540 area and climbed toward 1.2570, on a quiet session. October labor market data from the UK and November inflation data from the US will be released on Tuesday ahead of the Fed's and the BoE's policy meetings.

GBP/USD News

Japanese Yen erases a major part of last week's gains, slumps to mid-146.00s against USD

Japanese Yen erases a major part of last week's gains, slumps to mid-146.00s against USD

The Japanese Yen drifts lower for the second straight day against the US Dollar. Diminishing odds for an imminent shift in the BoJ’s policy shift undermine the JPY. The USD draws support from reduced bets for early interest rate cuts by the Fed. Investors look to the US CPI and the FOMC decision this week for a fresh impetus.

USD/JPY News

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Stay updated of all the news

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Editors’ Picks

EUR/USD holds steady at around 1.0750 ahead of US CPI Premium

EUR/USD holds steady at around 1.0750 ahead of US CPI

EUR/USD continues to trade sideways near 1.0750. The cautious market mood helps the US Dollar remain steady as investors gear up for crucial macroeconomic data releases and central bank meetings this week, including US CPI on Tuesday, the Fed on Wednesday, and the ECB on Thursday.

EUR/USD News

GBP/USD finds support above 1.2540

GBP/USD finds support above 1.2540

GBP/USD rebounded after finding support at the 1.2540 area and climbed toward 1.2570, on a quiet session. October labor market data from the UK and November inflation data from the US will be released on Tuesday ahead of the Fed's and the BoE's policy meetings.

GBP/USD News

Gold extends daily slide toward $1,980 Premium

Gold extends daily slide toward $1,980

Gold price remains under heavy bearish pressure and trades at its lowest level in nearly three weeks at around $1,980. The benchmark 10-year US Treasury bond yield is up more than 1% on the day, weighing on XAU/USD ahead of this week's key macroeconomic events.

Gold News

Bitcoin price backtracks to $40,000 as whales move to sell $671 million worth of BTC

Bitcoin price backtracks to $40,000 as whales move to sell $671 million worth of BTC

Bitcoin price crashed on Monday for the first time in nearly three weeks. The market was expecting a bullish continuation until the Securities & Exchange Commission (SEC) approves a spot BTC ETF in January 2024. 

Read more

Big week ahead for commodities with FOMC, ECB and BOE in focus – What's next?

Big week ahead for commodities with FOMC, ECB and BOE in focus – What's next?

The most highly anticipated week of the year and quite possibly the most pivotal moment in monetary policy history is finally here – as central banks from Washington to Frankfurt to London and beyond prepare to deliver their final interest rate decisions of 2023.

Read more

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